To each his own… profile

Your investor profile depends on things like your financial situation, your short-, mid- and long-term needs, your investment objectives as well as your tolerance to risk. That’s why it’s unique to you!

Everyone’s financial and family situation are different! Determining your investor profile is a precious (and legally mandated!) exercise that will let your financial security advisor better know you and your needs. It will help you build your trust and ensure you get personalized advice.

The five investor profiles

Traditionally, there have always been three investor profiles. However, we’d like to add two more in order to better represent the full spectrum of investors.

Conservative

This profile is generally associated with people who want secure investments that yield modest returns.

Moderate

This profile is generally associated with people who are willing to tolerate some market fluctuations for a slightly better return.

Balanced

This profile is generally associated with people who want balance between risk and reward.

Growth

This profile is generally associated with those who are ready and willing to tolerate market fluctuations for high returns.

Aggressive

This profile is generally associated with people who are not at all scared of risk. They want high returns at all costs!

So, which profile are you? You may already have a good idea, but you can always use an online questionnaire, like this one by the AMF (Autorité des marchés financiers), to give yourself a better idea.

Call a professional

In Quebec, advisors are required by law to generate an investor profile of all their clients before giving them advice. The AMF also requires that advisors make appropriate follow-ups on their clients’ investment objectives, reviewing them on a regular basis.

It’s also a good idea to speak to your advisor whenever a life event changes your objectives or needs!

It’s the law!

In Quebec, advisors are required by law to generate an investor profile of all their clients before giving them advice. The AMF also requires that advisors make appropriate follow-ups on their clients’ investment objectives, reviewing them on a regular basis.

Keep them informed

It’s also a good idea to speak to your advisor whenever a life event changes your objectives or needs!