Financial industry overselling value of financial advice

A new study about the value of financial advice was recently released that apparently demonstrates the causal link between having a financial adviser and having more financial assets. Industry groups have been quick to trumpet the findings, but they should probably hold off on quoting it as the gospel.

Read more:  http://tinyurl.com/a6k3wt9

Allied Properties REIT expands portfolio in Calgary

CALGARY— Just over two years ago Toronto-based Allied Properties Real Estate Investment Trust decided to expand its portfolio outside the borders of Ontario.

The REIT, which focuses on a niche market of older inner-city buildings, started buying properties in Calgary. After the sale of the Calgary Chamber of Commerce and Demcor buildings close in November, the REIT’s Calgary portfolio will include 14 properties comprising 607,344 square feet.

Read more: http://tinyurl.com/977x5ru