Wealth strategies

It starts with your story

Growing your wealth involves more than investing and portfolio management, which are both highly important. It requires an overall wealth management strategy and approach. There’s nothing prescribed about it, and it starts with a wealth plan.

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Investor strategies

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Business Succession

Business owners

Whether you're considering the idea of succession or actively preparing a succession plan, your business or practice needs strategies to ensure long-term success.

From founder generation to the next

In a Q&A we address key questions by business owners on the integration of the next generation, key planning considerations and the role of values within the business.

Physicians and financial management

Case study: The landscape for wealth management services dedicated to physicians has changed, challenging many to find the right partnership to help build and protect your wealth. Our firm can help you navigate the unique financial-planning issues you face.

Sibling rivalry and business succession

Case study: we outline the steps an entrepreneur took to establish a business succession plan, so his family enterprise develops with the support of all his children, and family harmony remains intact.

When there’s no logical successor

What are some key considerations when planning to sell your business? We outline an entrepreneur’s journey and her decision to sell after her children don’t wish to take over the business.

Checklist for business owners during COVID-19 and beyond

As Business Owners continue to feel the impact of the COVID-19 pandemic, the path forward may seem overwhelming and uncertain. We’ve developed a checklist to help you manage through turbulent times and focus on some key areas.

It all starts with a plan

An organized approach to wealth planning will help you meet your financial goals, provide security for your family and protect your hard-earned wealth for generations. We outline how one professional gained financial peace of mind.

Shareholder remuneration

Shareholder remuneration

If you are incorporated, what is the best approach to remuneration – salary, dividends, or a combination of both? The amount that you pay yourself depends on your circumstances, but the method can have significant tax implications.

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Business owners: TFSAs vs corporations

A common question we hear from business owners is whether they should wield their Tax-Free Savings Account (TFSA) or private corporation as a savings vehicle. Read this comparison to help determine the best approach for you.

Estate planning

Estate planning

Have you reviewed your estate plan recently to ensure it’s up to date and complete? We’ve outlined recommendations for a fulsome plan.

The digital hereafter

Does your current estate plan include instructions regarding your digital assets? Read why digital estate planning is important as well as some key elements to consider.

Purpose, passion and planning

Effective and meaningful wealth planning is never an accident. It combines ‘technical’ considerations with an individual’s values and beliefs: this is purposeful planning. Apply a ‘purposeful mindset’ to your financial planning strategies.

Protecting what's valuable

It is an opportune time to ensure that your valuables and important documents are organized and protected. We’ve developed a checklist of items you should consider protecting in a fireproof safe in the event of an emergency.

Power of attorney

Arranging a power of attorney for your personal care and property can alleviate stress down the road for you and your family. Here’s what you need to know about these key documents.

Planning for incapacity

Planning for incapacity

Planning ahead can help mitigate the impact on yourself and those supporting you in later years. Read this quick summary of key considerations as you work with your Advisor to plan for possible incapacity.

Insurance

Are you using insurance to your full advantage? Learn how it can be included into your wealth plans to complement your goals.

Wealth management and the “I” word

Including insurance in your wealth plan can be a creative solution to help you achieve your objectives.

Insurance for each stage of your life

Incorporating insurance into your wealth plan should never follow a set it and forget approach. Consider the role of insurance at different stages.

A widower’s story: Benefits of insurance planning

In this case study we explore the benefits of incorporating insurance into an estate plan, particularly when complex assets are involved.

Cottage succession planning

Has your cottage or vacation property taken on added meaning during the pandemic? We explore one family’s situation and the cost-effective, tax-efficient solution they relied on to ensure their cottage stays within the family for generations.

Immediate financing arrangement

For someone with complex wealth needs, you may be searching for solutions to tackle several wealth planning issues. Consider an Immediate Financing Agreement, which addresses insurance coverage, investment opportunities and tax & estate planning.

Investor strategies

Investor strategies

Whether you are interested in exploring alternative asset classes or building your knowledge to become a better investor, these strategies will help you get started.

Impact investing

Impact investing sparks a shift in motivations around investing, with opportunities to produce a competitive return while helping shape the future of the world around you.

Private debt investing

Many investors complement their traditional fixed-income portfolio with investments in the private debt sector, resulting in potential for higher yields.

Part 1: The foundation

Learn about common systemic decisions investors make that hinder long term returns, along with basic tools to mitigate the financial impact.

Part 2: Tools to manage investing biases

We dive deeper into common biases and provide strategies to defend against them. Ensure your decisions are free of bias with our checklist.

The importance of being tactical

Having a long-term strategy is critical for investing. But using smart, short-term tactics to tilt a portfolio can be equally important. This is especially relevant as markets change rapidly and return expectations going forward are muted.

Tips for young adults

If you are new to investing or you are a parent looking to introduce your young adult to the topic, start with the basics on key accounts: a Tax-Free Savings Account and a Registered Retirement Savings Plan.

Retirement planning

Retirement planning

Retirement presents an exciting new beginning. How you choose to live during this next chapter is up to you. But careful planning and managing your income sources in a tax-efficient way is key to ensuring you achieve your retirement goals and ideal lifestyle.

Aging parents and their adult children

Same team, different perspectives. Aging parents and their adult children can have very different views on the best options for downsizing and care arrangements.

Early retirement

Do you have a specific goal or clear number in mind and is it feasible? Retirement can mean different things to different people, so we’ve outlined several factors to consider. Whatever your goals, we can help you plan your transition.

Lifestyle, longevity and liquidity

To have a fulfilling and happy retirement, you’ll need to plan to ensure your funds are sufficient to maintain the lifestyle you want. Our team can help you put the pieces in place.

Suddenly single

Suddenly single

Are you suddenly without the comfort of a partner due to divorce or widowhood and looking to navigate the complexities of wealth? Take control of your situation.

Are you financially prepared for widowhood?

A well-organized, comprehensive estate plan should also include preparations for widowhood. We’ve outlined strategic tips to help you plan now for peace of mind later.

Suddenly single

Understanding your current financial situation during or after separation negotiations will help ensure your financial independence.

How to spot “invisible” cash flow

It is important to identify “invisible” cash flows while in the separation negotiation process in order determine fair equalization. Here are some scenarios to consider.

Prenuptials and asset protection

Why consider a prenuptial agreement? We compare two couples: one with a similar net worth that chose to put a thoughtful, equitable plan in place, and one with an imbalance of wealth and no domestic agreement.

Tax Savings Strategies

Tax savings strategies

Planning for tax season is a year-round practice. We've outlined strategies to maximize earnings and reduce your tax bill.

A philanthropy primer

Are you interested in giving back to causes or charities that are meaningful to you? Is your charitable giving plan tax efficient? We’ve outlined some key considerations that can help you build a strong charitable giving strategy.

Income splitting strategies

Changes to income splitting rules have caused confusion around the use of these tax savings strategies. These strategies continue to be effective.

Income splitting tips

Income splitting strategies can be used at different stages of life. Read a few of our favourite strategies to determine if one is right for you and your family.

How to take advantage of tax-loss selling

Current market conditions may provide an opportunity for “tax-loss selling,” allowing you to benefit from potential tax savings and stay on course with your long-term financial goals. Learn whether this strategy is appropriate for you.

Consolidating your accounts

Consolidating your financial affairs under the guidance of a single Advisor offering a holistic wealth-management service can offer substantial benefits to your long-term well-being. We’ve outlined several advantages.

Prescribed rate loans

Do you have an income-splitting loan arrangement? Take note of the new prescribed rate, which drops to 1% (July 1, 2020), and presents a rare planning opportunity! We’ve outlined some key considerations here.

If you’re looking to maximize your tax savings this year, consider setting up a family trust that uses a prescribed rate loan strategy. This strategy allows higher earners to allocate funds to family members in lower tax brackets.

Maximizing education savings for children

The upcoming school year may seem uncertain but having a plan and preparing for the future of your child’s education remains extremely important. We have shed some light on ways to maximize savings for your child’s post-secondary schooling.

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Home-office deductions for the 2020 tax year

If you are working from home during the pandemic, you can claim certain expenses for the 2020 fiscal year based on updated guidance from the Canada Revenue Agency. We have outlined key details so you can fully prepare for tax season.

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Disclosing foreign property

What are the disclosure rules concerning foreign property owned by Canadian taxpayers? The quick answer points to Form T1135, or the Foreign Income Verification Statement. This article breaks down all the key information.

U.S. citizens living in Canada

For U.S. citizens living in Canada, it is important to be aware of potential changes to your tax and estate planning strategy as a result of the U.S. federal election. One possible area of change may be the U.S. federal estate and gift tax exemption.

Women and the wealth journey

Women and the wealth journey

Financial empowerment for women is about achieving financial independence by setting clear goals and developing a plan early. Above all, it requires women to be fully engaged with their finances.

Women and the wealth journey

As women in Canada increasingly build their own wealth, it’s important to partner with professionals serving your best interests over the long term. We’ve developed some guidelines to consider at various life phases.

Women, health and wealth

The topics of health and wealth are intrinsically tied. As we age, it is important to have the financial health to support ourselves in later years.

Reclaim your career after a long absence

Returning to paid work after an extended period away can be a difficult process. Define your professional goals and use our helpful strategies to reclaim your career.

Planning for incapacity

Planning ahead can help mitigate the impact on yourself and those supporting you in later years. Read this quick summary of key considerations as you work with your Advisor to plan for possible incapacity.

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