Do you ever feel like life is too automated? Maybe you’re suspicious of the cruise control feature on your car. You’re not a fan of auto-pilot on commercial flights. You prefer to know that an experienced individual has their hands on the wheel and is ready to respond to new conditions.
Some clients think their financial advisor is running on auto-pilot. They feel like they are just another step in the financial assembly line. They fill out a questionnaire, hand over their money, and then hope that they hear from someone again at some time in the future.
Automation can be a great thing, but sometimes, you need a human being to oversee critical parts of the process. It takes someone with insight and experience to say, “Does this plan make sense for my client? Is there too much risk in this asset allocation strategy?”
Your advisor will work with you to understand your unique goals and your risk tolerance. You can rest assured; a true professional is at the helm.
Mutual Funds
Today there are over 16,000 mutual funds available across Canada. In order to assist our clients with creating quality portfolios, we use sophisticated database software to select only those mutual funds that meet each client's risk tolerance...
ETFs
An exchange traded fund (ETF) allows investors to buy and sell a bundle of securities, such as stocks and/or bonds, in a single transaction. In this way, it is conceptually similar to a mutual fund. However, an ETF is traded on an exchange throughout the day, like a stock is traded...
Private Wealth Management
These are smaller money management firms that work with you to provide a customized portfolio of investments. Most of these managers require a minimum investment of $1 Million...
GIC
Guaranteed Investment Certificates are issued in your name and can't be sold except to the institution that issued them. You agree to keep the money in the GIC for a set period in return for a set rate of interest. Compound GIC's pay you interest on your interest. Instead of paying...
TFSA
A Tax-Free Savings Account is a registered savings account that allows taxpayers to earn investment income tax-free inside the account. Contributions to the account are not deductible for tax purposes, and withdrawals of contributions and earnings from...
RRSP
A Registered Retirement Savings Plan is a retirement plan that is registered with the federal government and that you or your spouse or common-law partner can establish and contribute into until the end of the year when....
RDSP
Since in 2011, the Registered Disability Savings Plan has been available to Canadians who qualify for the disability tax credit and offers a tremendous bonus to those who are eligible. The RDSP is a savings plan that you...
RRIF
A Registered Retirement Income Fund is an investment plan, established in accordance with Government of Canada requirements, into which you can transfer registered funds (usually your RRSP) without tax liability to establish a source of retirement income. Some RRIFs are....
RESP
Registered Education Savings Plans are registered education savings plans that grow tax-free until the child is ready for university, college or a vocational institute. The student usually pays little or no tax on those funds when they are withdrawn at the student's lower...
LIF
A Life Income Fund (LIF) is a retirement income plan using locked-in pension money and the owner of the LIF can control the investments held within the fund. In addition to the requirement for a minimum annual withdrawal (like a RRIF), LIFs also...
LIRA
The Locked-In Retirement Account (LIRA) and Locked-In Retirement Savings Plan (LRSP) enable you, as an employee to maintain the tax-deferred status of pension plan proceeds received when you leave a company. LIRA's lock in your money, but not...
Borrowing to Invest
Leveraged investing is defined as borrowing money to finance an investment. You are familiar with the concept of leverage if you've ever...
Commissions, trailing commissions, management fees and other expenses may be associated with mutual fund/exempt market product investments. Please read the Fund Fact or prospectus carefully before investing. Mutual fund and exempt market product investments are not guaranteed, their values change frequently, and their past performance may not be repeated.
Guaranteed Investment Certificates (GICs) are offered through Investia Financial Services Inc. and/or multiple carriers.
