In this special introductory podcast listen to John Waters, CPA, CA, CFP, TEP, Vice-President, Director of Tax Consulting Services at BMO Wealth Management and Joseph Micallef, CPA, CA, National Tax Leader Financial Services for KPMG provide their thoughts on what CPA practitioners need to know if they want to start offering Wealth Management Services. In particular the podcast will discuss the following:
1) Identify what wealth management services entail and what type of qualifications practitioners need before being able to provide wealth management services to their clients,
2) Review over which types of client profiles might be beneficial for CPA practitioners to approach to offer wealth management services and how practitioners can execute the transition to providing wealth management services in their practice, and finally
3) learn about what general restrictions practitioners need to be aware of in regards to providing wealth management services in Canada.