Showing posts with label succession planning OSC EMD EMDA exempt market dealers association J Loewen Money Magnet. Show all posts
Showing posts with label succession planning OSC EMD EMDA exempt market dealers association J Loewen Money Magnet. Show all posts

Business owners have protection from financial advisors - EMDA

If you are the owner of a company with revenues under $50 million, you may be vulnerable to financial experts charging unnecessary fees or not delivering on what they promise. How can you get recourse without expensive lawyer fees?
Now there is an answer.
Before you hire a financial advisor, do ask if they are registered with the Ontario Stock Exchange (OSC) as an exempt market dealer - EMD. Even a "one man shop" can register as an EMD, in order to demonstrate that they know how to treat the their clients correctly and follow a minimum set procedure and process. This regulation of small finance companies is to protect the business owners of Canada.
 See more about the EMDA - Exempt Market Dealers Association.
posted by Jacoline Loewen, expert in private equity for business owners, author of Money Magnet.