Advocacy in Action

Advocis is at the forefront of consumer protection and promotes a model for the delivery of financial services and products that places the consumer interest as the primary objective. Key principles that Advocis actively promotes for fair and efficient access to financial services in Canada include:

– professionalism among financial advisors, which for Advocis means a financial advisor with a professional designation, who provides quality advice, complies with regulatory requirements and industry best practices, adheres to a professional code of conduct, and maintains adequate errors and omissions (E&O) insurance coverage to protect both the consumer and the financial advisor

– an efficient and effective regulatory system for financial advisors that minimizes the regulatory burden and cost of compliance

– consumer protection

– a level playing field for all financial services intermediaries

Through meetings with regulators and government representatives, writing of position papers and media relations, Advocis provides a strong voice for financial advisors and their clients.

See postings under the Advocacy category for regular updates.