Articles
CFG and National Bank Independent Network (NBIN) requires clients to provide two forms of identification to comply with regulatory standards and anti-money laundering laws. Primary Identification Requirements NBIN mandates that clients present a valid, government-issued photo ID. Acceptable forms include: These documents must be original, valid (not expired), and in good condition. If your name […]
1. Standard Account Minimums Exceptions may be considered under the right business case but require pre-approval by the Chief Compliance Officer (CCO) and CEO prior to initiating client paperwork. 2. Exceptions Process Exceptions must be made prior to any portfolio manager call. To request approval for a sub-minimum account, the Advisor must email a brief […]
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Even when a client relationship already exists, a complete New Client Account Information Form (PDF) must still be submitted for any new accounts. This ensures our records are fully up to date and compliant with KYC requirements. Relying on existing information on file is not sufficient, as circumstances such as changes in employment, income, tax […]
Step 1. Getting Started Step 2. Critical Information Captured on the Form Note on Accuracy and CompletenessProviding accurate and complete information at the start of the onboarding process ensures a smooth client experience. The more thorough the submission, the faster our team can open accounts, initiate transfers, and provide clients with timely access to their […]
At CFG, selecting the appropriate account type is a critical part of the overall wealth management process. As a discretionary Portfolio Manager, we take full responsibility for the ongoing management of client portfolios, and we work in close collaboration with clients and their financial advisors, accountants, and legal professionals to ensure that each account structure […]
Simple, non-leveraged investment accounts used for buying and selling securities. Clients cannot borrow to purchase securities in these accounts. Cash Account (CAD) Cash Account (USD)
Investment accounts that allow clients to borrow against existing assets to increase buying power. This introduces additional risk and requires margin compliance.Important Note: At CFG, we do not trade on margin as a standard practice. However, margin accounts may be required or utilized in specific scenarios: Margin Account (CAD) Margin Account (USD) Joint Margin CAD