is a Total Asset Management Research & Investment Services
consultancy dedicated towards improving the structure and quality of
asset management within the global financial services industry.
From the Summer
of 2005 to the Summer of 2010 Andrew Teasdale and his TAMRIS Consultancy
focussed on investor protection issues in the Canadian retail financial
services market place, product research and analysis of global financial
and economic issues impacting investors.
Moneymanagedproperly.com site now represents a repository for
educational content that was developed for the site and research
produced over that period. Additional relevant research or commentary
may be added over time, but a specific focus on consumer issues is no
longer a predominant focus. As of September 2010, the last piece of
significant research was on Point of Sale Disclosure and Regulatory
Failure in Canada's retail financial services market place.
The site is
currently broken down into 2 main segments:
We continue to
live in very difficult times for investors: we are still in the process
of unwinding from a long period of credit and debt expansion in which
significant structural economic imbalances developed. Interest rates
globally remain at negligible levels; private and public debt are at
very high levels and many economies need significant rebalancing.
While the long
term prospects (10 to 15 years +) for global economic growth look
positive, the short term readjustment needed for economies to shake out
their excesses and for developing economies to take their place within
the economic order suggests risks remain very high.
Returns on cash
are negligible and bond yields are very low while short to medium term
risk to returns on equities remains high. Unlike recoveries from
recessions, recoveries from financial and economic structural
imbalances not only take longer but are much more uncertain, since we do
not know at which point economic activity is going to gain real
It is therefore
ever more important that investors focus on advisors that have a
fiduciary type responsibility to their clients, that provide a detailed
analysis of performance, that communicate strategy and suitability in
writing, that pay attention to management and transaction costs, that
avoid complex and costly products, and that have appropriate expertise