Mark Gordon of MFDA is part of this year's Wealth Professional Canada's Host List.
MFDA
While it’s not apparent yet what effect the new CRM2-mandated reporting standard will actually have, what is crystal clear is that advisors in 2017 need to be much more transparent. That’s why the MFDA released its Investor Guide last winter to help the public figure out what the new reporting standard actually means. “This initiative is part of the MFDA’s commitment to provide plain-language materials to investors in order to assist them in understanding products, performance, cost and the advisory process,” MFDA CEO Mark Gordon said at the time. As head of the association, it’s Gordon’s responsibility to ensure that mutual fund dealers across Canada are providing the right information to their clients before they invest.
While it’s not apparent yet what effect the new CRM2-mandated reporting standard will actually have, what is crystal clear is that advisors in 2017 need to be much more transparent. That’s why the MFDA released its Investor Guide last winter to help the public figure out what the new reporting standard actually means. “This initiative is part of the MFDA’s commitment to provide plain-language materials to investors in order to assist them in understanding products, performance, cost and the advisory process,” MFDA CEO Mark Gordon said at the time. As head of the association, it’s Gordon’s responsibility to ensure that mutual fund dealers across Canada are providing the right information to their clients before they invest.
