Years of study, exams and experience have culminated in the attainment of my designation of Portfolio Manager.

As I look for further ways to enhance the efficiency of my practice and utilize my new designation, I will be introducing additional investment strategies using a Unified Managed Account (UMA) platform. This platform allows me to create a suite of investment mandates specific to a client’s risk profile, account size and overall financial needs while reducing overall management cost to you by taking advantage of the scale the platform provides.

Benefits:

• Access to a wider range of investment products at institutional level pricing
• Access to additional professional asset managers hand selected by me.
• Periodic rebalancing as per our agreed upon mandate

I will be reaching out to any clients I feel will benefit by this new offering. However, if this interests you, please reach out to my office to arrange a meeting.

A letter arrives from Canada Revenue Agency (CRA). You are being audited. Panic ensues as you wonder what you did wrong and why the CRA is targeting you. ’There must be bigger fish to fry,’ you might say to yourself.

The first thing you need to do is relax and take a few deep breaths. If you have a qualified tax advisor on your team, you have nothing to worry about. If you don’t, now is a good time to contact a professional tax planner to review your returns and assist you with the audit.

Unless you have filed your tax returns with gross negligence or displayed willful non-compliance, you are not in any ’real’ danger from the taxman. At the same time, no one wants to pay additional taxes and penalties due to an oversight. That’s why tax planning is so critical. Instead of scrambling for deductions to reduce your taxes...

Recent studies * reveal that a large majority of so-called Baby Boomers are uncertain about their preparation for retirement. Arguably, the have it my way generation did not all follow in their parents’ footsteps when it came to saving for the future. As well, some major bumps along the way (a housing crisis, a stock market crash, a global financial crisis and a pandemic) have reduced many retirement ’nest eggs.’

There is a new normal retirement being forged that is changing all of the old retirement rules, and raising new questions about what the ’golden years’ should look like. With time being their most precious commodity, wise decisions made by Baby Boomers today are becoming much more critical. This is where a proper retirement planning mindset becomes critical. One can choose to either move forward with eyes glazed over, or wide open to enjoy the ride...