Sun Life: Q1 Earnings Snapshot
TORONTO — TORONTO — Sun Life Financial Inc. (SLF) on Thursday reported first-quarter profit of $660.3 million.
On a per-share basis, the Toronto-based company said it had profit of $1.13. Earnings, adjusted for non-recurring costs, came to $1.27 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.
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TRUTH NO. 1: YOU MUST VET YOUR ADVISOR Choosing a financial advisor is a lot like choosing a business partner. You want someone you can trust, someone you can talk openly and honestly with, and someone who is a partner. Business executives may get a very different experience working with a large financial advisory firm versus an independent advisor, and it's important to know that distinction in advance. For instance, an executive meeting with a large firm may encounter conversations that lean more product-driven, where recommendations may be influenced by internal sales goals. In contrast, independent advisors typically have more freedom and flexibility to tailor their guidance solely around their clients' unique needs and goals. Use your judgment in your selection process to pick the best option for yourself and your business. Regardless of who you choose, meet with several advisors before making a decision. If you don't vibe with your advisor, get a new one. 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