Financial Health for Seniors
Within the finance community, it's well-known that the issues facing seniors are critical. In addition to being a sizeable demographic with unique requirements, seniors are among the most vulnerable of investors. As an organization that offers licensing courses and advanced designations, CSI would like to contribute in a meaningful way to alleviating the challenges seniors face.
We believe that supporting our designation holders to serve senior clients and their families even better is a role we can play. Based on a survey of our designation holders, we identified topics, types of resources and activities that would help them better serve their senior clients. CSI hopes that this initiative will contribute toward enhancing the advice provided to seniors in the coming years.
Advisory Council
To best shape our approach and program, we created an Advisory Council. We received an overwhelming response with many designation holders offering to engage with us on this initiative. The Advisory Council comprises a mix of designation holders, spanning firms, roles and geographic locations that represent the community. These members will guide our approach in helping all of our designation holders to best serve clients.
First VP, Private Wealth
CIBC
Wealth Director
Sun Life
Executive Director
BC Law Institute and
Canadian Centre for Elder Law
President and CEO
Investment Industry
Association of Canada
Financial Planner
RBC Financial Planning
Portfolio Manager
Raymond James
Co-Treasurer, Elder Abuse Prevention Ontario
Vice President, Wealth Planning
Gluskin Sheff
Director, Financial & Operations
BMO Private Wealth
Regional Manager
Servus Credit Union
Financial Planner
TD Wealth Management
Branch Manager
RBC
President
Canaway United Wealth
Treasurer, Mobile Care Network
Portfolio Manager, National Bank
Content Committee
In order to support the development of good content, we have created a Content Committee to select and review relevant materials.
Control and Compliance Specialist, Adult Guardianship Program
The Bloom Group
Senior Wealth Advisor
Meridian Credit Union
Portfolio Manager
Harbourfront Wealth Management
Retired IA
CIBC Wood Gundy
Manager, Retirement and
Income Solutions
RBC
Financial Advisor
BlueShore Financial
Vertex One Asset
Management
Financial Planner
BMO
Presenters
CSI will be drawing upon the community to deliver webinars. Here are the speakers we have organized to conduct the initial presentations:
Senior Wealth Advisor
Scotia Wealth Management
Principal
BarryLaValley.com
Managing Director
Elder Caring Inc.
President
JVK Life and Wealth Advisory Group
Portfolio Manager
3Macs, a division of Raymond James
Director, Provincial Partnerships & Outreach
Elder Abuse Prevention Ontario
About Our Partners
About the Survey and Results
In November 2018, CSI conducted the "Financial Health for Seniors" survey, asking designation holders to confirm the issues they were encountering in serving the seniors market and to identify ways that CSI could help better support advisors, seniors and their families. More than 500 designation holders responded to the survey and the results were published in April 2019. The Financial Health for Seniors report outlines key areas we want to focus on and the types of resources available.
Upcoming Webinars
The changing face of retirement advice
Barry Lavalley | Dec. 12, 2019
Duration: 60 minutes
Time: 12:00pm to 1:00pm EST
The picture of retirement has changed from a generation ago. Today, increasing numbers of clients are embracing the concept of “the modern elder”. This session discusses how that affects later life planning - and how the advisor can become a catalyst, educator and coach for clients entering this new phase of life.
Starting the Conversation
Neela White | Jan. 14, 2020
Duration: 60 minutes
Time: 12:00pm to 1:00pm EST
This session provides perspective on the challenges that encompass aging and will offer solutions for preparedness. There is a critical need to give thought to realistic life plans surrounding aging, having meaningful conversations, and helping to facilitate better outcomes for this important time in everyone's lives.
Understanding the Complexities of Elder Abuse
Raeann Rideout | Jan. 28, 2020
Duration: 60 minutes
Time: 12:00pm to 1:00pm EST
Finance professionals who engage with senior clients play a critical role in recognizing the warning signs of abuse and can offer support to seniors at-risk or experiencing abuse. Advisors will learn the complexities of elder abuse by reviewing case studies to better understand key issues that may become apparent in their daily practice.
Preventing Financial Abuse of Older Adults
Raeann Rideout | Feb. 11, 2020
Duration: 60 minutes
Time: 12:00pm to 1:00pm EST
This session will provide advisors with an overview of financial abuse specific to older adults, and demonstrate, through the use of case studies, the legal options and approaches to empowering older adults and preventing victimization.
Estate Planning Conversations
Dave Lee | Mar. 3, 2020
Duration: 60 minutes
Time: 12:00pm to 1:00pm EST
This session is designed to help financial advisors hold productive estate planning conversations and understand when to involve other professionals. Advisors will learn which questions will help clients open up about key issues, such as choosing an executor, dealing with blended families and caring for financially vulnerable children.
Preparing an Estate for Simplicity using Life Insurance
John Niekraszewicz | Apr. 7, 2020
Duration: 60 minutes
Time: 12:00pm to 1:00pm EST
Life Insurance is vital to solving problems related to estate planning. This session will illustrate real-life situations financial advisors face when using life insurance as a simple estate planning tool. Among the highlights: reviewing funding estate taxes and estate equalization early in a client relationship, which can be invaluable.
Long Term Caring: Aging Issues for Today and Tomorrow
Audrey Miller | Jun. 2020
Duration: 60 minutes
Time: 12:00pm to 1:00pm EST
This session will help advisors understand the client experience, while providing insights to attendees who are dealing with their own elder care concerns. Advisors will learn to better serve their clients by understanding the home and community care landscape, and their processes and costs to access services. Planning is a key message.
Presentation and Handouts
What Does Your Future Look Like?
The Lifestyle and Financial Implications of Aging and Long-Term Care
Resources
Disclaimer
The content on this site is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our site constitutes a solicitation, recommendation, endorsement, or offer of specific financial products or services. Links to other websites on the World Wide Web are aggregated for your convenience in locating related information and services. These websites are maintained by third parties over which CSI exercises no control. Accordingly, CSI expressly disclaims any responsibility for the content, the accuracy of the information, the quality of products or services provided by or advertised on and/or software downloaded from these third-party websites. Moreover, these links do not imply an endorsement of any third party or any website or the products or services provided by any third party.
