Our Services
Services Offered
We pride ourselves on the quality of service that we offer. Not only will you find that by working with us we will respond in a professional and timely manner, we are always seeking to find new and innovative services that will provide you and your family an opportunity to interact with our team.
Wealth Creation
Successful people manage their finances in a specific way. We’ve analyzed and distilled that format to create five specific principles better known as “The Five Laws of Wealth Creation.”
Law #1 Set a Goal
Every successful business or individual is goal-oriented. Remember, if you don’t know where you’re going, any road will get you there. If you aim at nothing, you will hit it with amazing accuracy.
Law #3 Use Other People’s Money*
Every successful company and individual is well versed in the use of other people’s money. Working with other people’s money can provide you with phenomenal benefits and can reinvigorate your financial affairs – if done prudently. For many investors, the only way to maximize the amount of capital working for them is to borrow.
Law #5 Invest For the Long Term: Buy. Hold. And Prosper™
True investors have three things in common. They all want to:
- Conserve their capital
- Grow their principal at an above-average rate of return; and
- Minimize their taxes. Many financially successful people subscribe to one investment philosophy. It’s ownership of high-quality assets that are held for the very long run.
Law #1 Set a Goal
Every successful business or individual is goal-oriented. Remember, if you don’t know where you’re going, any road will get you there. If you aim at nothing, you will hit it with amazing accuracy.
Law #2 Use Other People’s Expertise
Every successful individual and business, recognizes the use of a “board of directors“ to help attain wealth. Your board may consist of your personal financial advisor, accountant, lawyer, role model. It’s up to you. Who’s advising you on how to become financially independent in the future? Your rate of personal financial success is a function of the qualifications, and experience of your board members.
Law #3 Use Other People’s Money*
Every successful company and individual is well versed in the use of other people’s money. Working with other people’s money can provide you with phenomenal benefits and can reinvigorate your financial affairs – if done prudently. For many investors, the only way to maximize the amount of capital working for them is to borrow.
Law #4 Pay Yourself First
Creating wealth requires discipline, and consistency. To be successful, remember that a part of what you earn is yours to keep. Don’t forget to pay yourself first.
Law #5 Invest For the Long Term: Buy. Hold. And Prosper™
True investors have three things in common. They all want to:
- Conserve their capital
- Grow their principal at an above-average rate of return; and
- Minimize their taxes. Many financially successful people subscribe to one investment philosophy. It’s ownership of high-quality assets that are held for the very long run.
Law #2 Use Other People’s Expertise
Every successful individual and business, recognizes the use of a “board of directors“ to help attain wealth. Your board may consist of your personal financial advisor, accountant, lawyer, role model. It’s up to you. Who’s advising you on how to become financially independent in the future? Your rate of personal financial success is a function of the qualifications, and experience of your board members.
Law #4 Pay Yourself First
Creating wealth requires discipline, and consistency. To be successful, remember that a part of what you earn is yours to keep. Don’t forget to pay yourself first.
To maximize your efforts, we can provide you with access to a full range of investment products including all securities traded on major stock exchanges, bonds, exchange-traded funds, mutual funds, limited partnerships, REIT’s, private equity, alternative strategies and much more.
From soup to nuts, you are working with a full-service investment dealer.
*Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchases declines.
Five Laws To Wealth Creation
When we look at the wealthy Canadians, such as the Bronfman, McCain or Pattison families or even locally at people like Terence Matthews, we see that they have successfully implemented the 5 Laws of Wealth Creation.
Financial Health
Comprehensive Financial Planning
Comprehensive financial planning involves the detailed review and analysis of all facets of your financial situation including cash flow analysis, retirement planning, risk management, investment management, tax management and estate planning.
Overall Financial Picture
You will receive a written comprehensive financial plan that will be the driver for our strategies to help you reach your future goals. The plan will encompass Tax planning, Retirement Planning, Cash flow management, Insurance and Estate Planning and will work in tandem with your Investment Policy Statement.
Debt Analysis and Solutions
An overall analysis of your current debt will be created and observations will be communicated to you as well as some recommendations.
Disability, Life and Critical Illness Insurance
An overall analysis will be done to ensure that your insurance needs are covered. We provide non-biased advice and access to Canada’s leading insurance providers.
Small Business and Corporate Planning
Whether you are a sole proprietor or an incorporated entity, we will work with you to ensure that your business is maximizing the options available to it.
Planning for a debt-free retirement
By working together we will ensure that a debt-free retirement is an achievable reality.
Retirement Planning
Retirement Plan – Included in your financial plan will be a comprehensive retirement plan.
Income Streams
We will work together to ensure that you are receiving the maximum income required to fund your retirement in the most tax efficient manner.
Clawbacks
No one wants to have their Old Age Security income reduced when this can be prevented. We will implement strategies to ensure that you receive the income you have earned and deserve.
Reducing the “Tax Bill”
Only 2 things are certain in life, Death and Taxes. This does not mean we cannot reduce the income taxes we pay by using important tax reduction strategies.
Lifestyle Planning
The famous line “What are you doing after work” is what we will discuss as we approach the retirement years.
Certified Senior Advice
Keeping up with the changing and growing needs of seniors allows our team to be a great resource that we can put to work for you.
Investment Planning
Custom Investment Plans
Our team will prepare for you an individually tailored Investment Policy Statement (IPS) whose purpose is to establish a clear understanding between our team and you on the criteria to be used in effectively implementing and supervising a strategy for managing your investment assets. This IPS will provide support for you and our team to develop a well-conceived, long-term investment plan and a basis for making disciplined investment decisions over time.
Research and monitoring of investments
Research and monitoring of investments – The philosophy of our team is to acquire excellent businesses that are trading at attractive prices. In addition to our own criteria and resources, we will use the research resources of our firm, research partners along with additional third party information/screening software.
RSP/RIF/RESP/RDSP
Registered plans are available to shelter your hard earned money from taxes and help you achieve your goals.
Short Term Savings Vehicles
Protect and grow your short term assets with high yield savings options.
Small Business and Corporate Planning
Whether you are a sole proprietor or an incorporated entity, we will work with you to ensure that your business is maximizing the options available to it.
Tax Minimization
It Pays to Know the Rules
There are a number of intricate ways to minimize taxes and each method may be unique to the individual or business utilizing them.
We provide tax planning, tax management and tax preparation services with the objective of identifying opportunities you may be able to take advantage of so as to avoid any unnecessary costs. Taxes can be minimized by participating in certain investments that postpone the amount of taxes payable. Taxes can also be minimized by investing in assets that have lower relative tax rates, by income splitting, and by changing the nature of the inflow of income or how a business or trust is structured. In some cases, taxes can be postponed for one’s entire life and can even be shifted beyond one’s life and to those people in whose hands actual amounts payable may be negligible.
Managing Risk
Protect What’s Important
Your Biggest Asset: You
When it comes to protecting an asset, insurance is the most cost-effective way of managing the financial risks. When you buy insurance, you transfer the financial implications of a “worst case scenario” to an insurance company in exchange for a fee.
Our expertise can provide you with the advice needed to ensure your family, your possessions and your business are properly protected.
As brokers, we have access to a wide selection of the best insurers in the country.
There are many types of personalized and specialized coverage for those who have a need for protection. Insurance can also be used as a tool within a greater strategy to shield or defer taxes or to maximize a charitable donation where appropriate.
Health & Dental Coverage
Travel Insurance
Critical Illness Insurance
Estate Planning
Estate Planning
Just about everyone can benefit from the development of an estate plan. Young or old, wealthy or middle class, an estate plan can reduce the taxes and expenses of an estate, simplify and speed the transfer of assets to the next generation and help ensure that beneficiaries are protected.
An estate plan defines how you want your assets to be owned, managed and preserved during your lifetime and how you want them disbursed after your death. The plan also deals with the important decision about who will look after your estate.
Tax Planning
Tax efficient distribution of your assets is an important part of your planning needs. This is a component of your financial plan. Life versus Mortgage Insurance – An analysis of your needs is an important consideration when choosing the right insurance of your family.
Premium Wills and Powers of Attorney
No plan is complete without insuring your assets are distributed in the manner you wish it to be. You have access to the best legal minds in the community to be able to prepare the documents required to give you peace of mind.
Trust Planning
Deciding on how to leave a legacy to your heirs can be a difficult decision. We can work with you, a legal professional and tax specialist to ensure that a trust plan is in place to accommodate your important wishes.
Charitable Gifting
Is giving money to charities of importance to you? We can prepare proper plans for gifting of cash, securities or insurance to ensure tax efficient distribution of your gift to those who need it.