Published at 1 April 2024

Sales, financial advice, and hidden interests

Placing transparency and honesty at the heart of wealth management

In the complex world of finance, where the pursuit of personal gain can sometimes overshadow professional ethics, transparency and honesty are essential to establishing a lasting trust between financial advisors and their clients. The complexity of financial markets, combined with the multitude of available investment products, can make investment decisions particularly challenging for individuals.

Professional ethics

And this honesty in financial advice is not limited to avoiding false or misleading statements; it also encompasses the duty to provide advice that best serves the client’s interests, even when this might go against the financial advisor’s short-term financial goals. This means also avoiding conflicts of interest and choosing products that best match the client’s needs and goals.

Vigilance is necessary

The reason we’re discussing this is that recent reports and articles, like the one published on March 17th on Ici Radio-Canada, shed light on the questionable practices of some financial institutions. These revelations remind investors of the importance of being vigilant and actively engaged in the management of their wealth. Asking questions, understanding the proposed strategies and associated fees, and requiring transparency are key elements in protecting one’s interests!

The importance of financial education

Financial education plays a crucial role in empowering investors. Understanding the basics of investing, the different types of financial products, their benefits, as well as how they work helps investors make more informed decisions and establish more balanced and informed relationships with their financial advisors.

Investamp’s commitment to transparency

At Investamp, we understand that trust is the cornerstone of any client relation. That’s why we make authenticity and transparency our main commitments. And our mission is just as clear: place your interests at the heart of our recommendations. This means that we commit to providing you with advice that truly corresponds to your financial needs and goals, without ever compromising your security or financial future for our personal gain.

Vigilance: a shared duty

The investment world is rich in opportunities, but it is not without risks. That’s why we encourage every client to adopt an active stance of vigilance. Asking questions, seeking to understand the recommendations, and never hesitating to ask for clarifications are essential reflexes for securing your investments.

And it’s for this same reason that we make financial education the core of our client approach. We firmly believe that an informed client is more capable of making enlightened decisions and, as a result, succeeding in their investments.

At Investamp, we are proud to build relationships based on trust, integrity, and mutual respect. Our goal is to guide you towards financial success while remaining true to our values of honesty and transparency. Together, let’s make finance a field where ethics and client interest are never compromised.

© COPYRIGHT 2017, INVESTAMP INC. ALL RIGHTS RESERVED