Previously, I was a simple case: I earned a salary, and I paid taxes. Therefore, I've been filing my own tax returns using online software.
Now: + wife, + kid, + mortgage, + want to contribute to RRSP, + RESP, + corporation and/or small business, + investing ambitions. We've retained an accountant already, but mostly for the corporation/business side.
Do I also need an investment adviser? Is he going to tell me anything that my accountant can't? My accountant did say to come to him for advice on investment/business issues. So, he is willing, but is he able? Not asking about his competence, but rather, is there something that only an investment adviser can provide, by law, that an accountant can't?
I am not looking for an investment adviser's knowledge of market trends and brands—I can read up about that on blogs—but rather broad decisions, e.g. rolling my own mortgage into my RRSP (I just read about that somewhere), the Smith Maneuver, handling a self-directed RRSP, etc. I'd like to know if any of those make financial sense in my current situation, and how to pull each of those off. But isn't that something that my accountant could/should do?
Do I need either of them? Won't the Internet and sites like this one suffice?