Why Advocis?
Advocis, The Financial Advisors Association of Canada, is the largest voluntary professional membership association of financial advisors in Canada, representing more than 17,000 member-clients and 40 Chapters across the country.
Membership Categories
Members are licensed, have a recognized designation or are currently enrolled in an approved designation program, and are actively providing financial advice to consumers.
Practicing Advisor members are those that are licensed and are already holding onto one (or several) of the approved designation(s) for at least two years, and who are actively providing financial advice to consumers.
Manager members (www.gamacanada.com) are leaders in the financial services industry in Canada, who are directly or indirectly responsible for recruiting/retaining, coaching, training, education, business development, or managing financial advisors and/or planners. Manager members may be directly servicing clients or may be providing financial advice as permitted by their license(s) (client-facing).
Newly-Designated members are those that are licensed and have recently (in the past two years) earned an approved designation
Designation Candidates are those who are licensed and are currently, or, are in the process of starting an approved designation program
Requirements:
Must have at least one approved designation and maintain their designation with the conferring body OR
- Be enrolled in an approved designation program (designation must be obtained in three years).
- Adhere to the Advocis Code of Professional Conduct.
- Carry sufficient E&O coverage in accordance with the nature and extent of their practice.
- Meet Advocis’s annual professional development requirements.
- Maintain CE requirements (find more information here).
Privileges:
- Manager members in this category have membership with GAMA International Canada and affiliate membership with GAMA International US.
- Paying members in this category have voting privileges for various matters related to The Financial Advisors Association of Canada (TFAAC) at the Annual General Meeting (AGM).
- Full access to all membership benefits and all resources. Members in this category have the option to register their assistant(s) for a flat fee per person. Assistants would need to adhere to the Advocis Code of Professional Conduct and would have access to member resources and member pricing, but not voting privileges.
Membership Fee
| Annual | Monthly | |
| Practicing Advisor | $960.00 | $80.00 |
| Manager Member | $960.00 | $80.00 |
| Newly Designated | $480.00 | $40.00 |
| Designation Candidate | $240.00 | $20.00 |