Limited Transparency: Detailed information about fees, performance, and investment strategies are not readily available, requiring direct inquiries.
Regulatory Status
Regulation:
Friedberg operates under the regulatory jurisdiction of prominent global financial authorities. It currently operates under Canada's Investment Industry Regulatory Organization of Canada (IIROC) regulation, demonstrating Friedberg's commitment to upholding the highest standards of financial operations.
Safety Measures:
The company does not disclose their security measures on their website, you should contact the company and seek for clarification directly before committing any actual trading to ensure it aligns with your financial tolerance.
Products & Services
Friedberg Mercantile Group offers a variety of investment products and services.
Research & Brokerage: Their research team provides insights to help clients make informed investment decisions aligned with short and long-term goals. This suggests they might also offer brokerage services to execute trades.
Hedge Funds: Friedberg manages two hedge funds, including Global-Macro Hedge Fund and an Asset Allocation Fund which invests in various strategies across multiple underlying funds. However, these hedge funds have investment restrictions:
Registered Accounts (RRSP & TFSA): Friedberg offers investment advice and management for registered retirement savings plans (RRSP) and Tax-Free Savings Accounts (TFSA) within Canada. They can help you choose suitable investment options like bonds, mutual funds, and stocks.
Customer Service
Friedberg provides diverse customer support channels, offering assistance through phone, fax, physical address and email. These methods ensure accessibility and convenience for clients seeking information or resolving queries promptly.
Furthermore, a contact form allows users to submit inquiries or messages through an online form on the company's website, streamlining communication and facilitating prompt responses.
Address: Friedberg Mercantile Group Ltd. 220 Bay Street, Suite 600, Toronto, Ontario, Canada M5J 2W4.
Phone:
Administration: 416-364-1171
Sales: 416-364-2700
Toll Free: 800-461-2700
Customer complaints: 416-350-2924
Privacy protection inquiries: 416-350-2929
Fax:
Email:
Information on funds: funds@friedberg.ca
General information: info@friedberg.ca
Customer complaints: complaints@friedberg.ca
Privacy protection inquiries: privacy@friedberg.ca
For dedicated broker contact such as phone and email, you can visit https://www.friedberg.ca/contactsand choose the one you like.
Conclusion
Friedberg, a family-owned financial firm based in Toronto, offers a comprehensive range of services, including funds management, brokerage, and registered investment options like RRSP and TFSA accounts. Regulated by IIROC, their commitment to quality and personalized service makes them a trusted partner for diverse client needs.
Frequently Asked Questions (FAQs)
Is Friedberg regulated by any financial authority?
Yes, it is regulated by IIROC.
What types of products and services does Friedberg provide?
Friedberg provides financial services including investment advice, trading and corporate finance services, wealth management, corporate finance solutions etc.
Is Friedberg suitable for beginners?
Yes, Friedberg is suitable for beginners, particularly due to its regulation by IIROC, ensuring adherence to high standards and providing a layer of credibility, which can offer reassurance and confidence to novice investors.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.