Navigate ethical challenges in financial services for mature clients.
Financial professionals working with seniors face unique challenges and rewards. This course provides a comprehensive overview of the social, familial, physical, and cognitive issues affecting seniors' financial decisions. It offers practical strategies to enhance communication, ensure suitable product recommendations, and minimize liability risks in this sector.
The course also explores the fiduciary duties financial professionals owe to senior clients and the ethical steps necessary to serve this market responsibly. Participants will gain insight into ethical decision-making, elder ethics, and business ethics.
Ethics and codes of ethics primarily protect vulnerable populations, including seniors. Without these safeguards, the elderly, cognitively impaired, and financially disadvantaged could be exploited. Ethics is not just theoretical for seniors—it directly impacts their well-being. They must trust that professionals such as doctors, accountants, lawyers, and financial planners act in their best interests.
Key Ethics Topics Covered:
The course also references codes of ethics from other industries, acknowledging that financial advisors often collaborate with professionals in healthcare, real estate, accounting, and law. Advisors licensed in Life, A&S, General (P&C), Mutual Funds, or securities will benefit from this compliance-focused training when working with aging clients and prospects.
By completing this course, financial professionals will better understand ethical responsibilities, fiduciary duties, and industry compliance, ensuring they can provide ethical and effective guidance to senior clients.
We will continue to provide high quality education, training and materials at the lowest price possible in Canada
Pro-Seminars was started by Tom Miller and Alex Nicholson in 1998. Sadly, Tom passed away in 2020, but the legacy he created continues today with Alex and Tom’s son-in-law, Adam Wyrcimaga, carrying it forward. Pro-Seminars is an all-Canadian company based in beautiful Beamsville, Ontario. It is a leader in its field, specializing in continuing education and training designed specifically for Insurance and Financial Services Professionals. Since 1998, Pro-Seminars has presented in cooperation with many Financial Services companies across Canada, offering convenient, comfortable, and high-quality professional development through Continuing Education Conferences, webinars, 47+ self-study courses, and a wide range of training programs. These courses and seminars are conducted across Canada, as well as through a National Conference held annually. Pro-Seminars utilizes many seasoned, experienced, and professional educators and trainers from financial services and insurance companies, all committed to maintaining the highest educational and ethical standards to best serve their clients and prospects. Continuing Education Credits earned by using any Pro-Seminars service are valid across Canada, regardless of where the credits were attained, through the many provincial reciprocal agreements in place. Alex Nicholson / Co-President E: alex@pro-seminars.com, Adam L. Wyrcimaga / Co-President E: adam@pro-seminars.com
