Your Wealth Manager’s Role in Tax Planning While some people have the expertise (and courage!) to make their taxes a DIY project, most Canadians are too busy to deal with the complexities of minimizing tax liability when doing their taxes. While many of us are used to…
There are few feelings as satisfying as providing a gift to a worthy cause that you believe in. When you’re planning your charitable contributions for the year, many Canadians forget a major potential source of charitable contribution: their stocks. For a variety of…
RRSPs are widely considered one of the most valuable investment tools for planning your retirement in Canada. We’ve addressed the differences between RRSPs and TFSAs before, and this month we’re discussing the best ways to maximize your RRSP contributions. If you’ve…
When it comes to investing, the sheer amount of variables can make the prospect overwhelming, whether you have long-term investment goals or short-term objectives that you want to achieve. Either way, the complexities of the market require professional expertise to…
In January, new rules were implemented to govern financial advisers and wealth managers. CRM2, or Phase 2 of the Client-Relationship Model, requires wealth managers to be more transparent about their clients’ portfolios, and was put into effect by the Canadian…
It’s summer break, so the last thing you are thinking about is school and tuition. However, if you are planning to withdraw from your Register Education Savings Plan (RESP) to contribute to your tuition, time is of the essence.
When it comes to using funds wisely and responsibly, some non-profits and charitable organizations may be hesitant to use a wealth manager to invest funds. However, professional wealth management can provide non-profits with valuable advice, and can help differentiate good investments from bad ones.
As advancements in technology enter the financial advising industry, clients seeking financial advice face a major choice: consult a robo-advisor, or make use of a human portfolio manager? While using the services of a robo-advisor can be convenient for investors, the effectiveness of a robo-advisor over time is far lower than what a human advisor can provide.
Do you know the main differences between an RRSP (Registered Retirement Savings Plan) and a TFSA (Tax-Free Savings Account)? Both types of accounts can help you plan for your financial future while providing tax benefits, but each offers different advantages and limits.
With tax season looming, being prepared is half the battle. Make sure you’re prepared to file with your portfolio manager by following our tips below! Here are three things we want you to know as you enter tax season.
With the new year upon us, it’s a natural time to think about planning your financial future. Taking stock of your financial health can feel complicated and overwhelming, but it doesn’t have to.
