Canada Wealth Report 2016: HNW Investors, Wealth Management Strategy 4 | Page 4

Bond holdings remain above the global average Cash and near-cash investments are well below average in Canada Property is a small element of Canadian HNW investment portfolios Commodity investments are of little interest to Canadian HNW clients Canadian HNW investors are more open to alternatives than average CANADIAN HNW PRODUCT AND SERVICE DEMAND Planning services are in high demand in Canada Canadian HNW individuals show strong demand for tax advice An aging client base will make pension and inheritance planning much more sought after Tax advice is in high demand in Canada Multiple governments, each able to levy taxes, make Canadians keen on advice Wealth managers lacking the in-house resources to provide tax advice need to address this immediately APPENDIX Abbreviations and acronyms Definitions Affluent HNW Liquid assets Mass affluent Methodology Verdict Financial's 2015 Global Wealth Managers Survey Bibliography Further reading About Verdict Financial