Informing clients is fine, but what happens after may not be.  For instance, I, too, received a recommendation from a teller to see a financial planner.  Fine.  However, it turned out that the planner put me in high-fee mutual funds (while I was only using the e-series low-fee funds) - and only he could make transactions! - and even sent me to a self-directed RRSP (again, only he could make transactions in it), with a $50 fee plus HST, while I only had $17,000 in my RRSP, in the form of  only 4 GICs three years away from maturing - clearly, this was non-sense intended to collect fees.   He may have disclosed this RRSP charge, but I missed it.  When I discovered that a year later, I basically "fired" that financial planner and went to self-investing instead - and unwound the self-directed RRSP.  So it back-fired, as he no longer collects his fees.  Anyway, be careful when you meet that so-called planner: that person is quite likely to push products that may not be suitable for you.