In this Finance Friday segment, FirstOntario’s Chief Risk Officer, Mark Perkins, answers a viewer question about whether it’s better to work with one financial advisor or a wealth management team. He explains how identifying your financial needs, asking the right questions, and meeting with multiple professionals can help you make an informed choice. The discussion covers advisor credentials, communication styles, and compensation models, including fee based and commission based approaches. Mark emphasizes that understanding how advisors operate and are paid leads to more confident financial decisions.
Labour Day weekend closures
We will be closed September 5 and September 7 for the Labour Day weekend. Our Member Service Centre, Member Solutions Team and Personal Assisted Teller services will be available on September 5 during regular business hours.