We create attainable and effective wealth creation strategies to help families optimize their complex corporate and personal wealth.
Owners of a successful service business, this married couple had invested irregularly over the years – taking occasional, ad-hoc advice from various professionals who didn’t have their complete financial picture in mind. With two young children, they needed a plan that would put their accumulating surplus income to good use, and help them feel confident in their family’s financial future.
How we helped
We uncovered their whole financial situation – goals, savings, corporate accounts, living expenses, and more. We ran financial projections, opened RESPs for the kids, and scheduled payments to take advantage of matching government grants. Then, we looked at tax-saving opportunities – leveling their year-to-year taxable income, paying out shareholder loans to fully fund their TFSAs, and structuring the corporate account to provide more tax-efficient sources of income to fund their lifestyle. With an all-encompassing strategy in place, our clients can now enjoy complete confidence in their financial future.