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We help successful people from all walks of life enhance and simplify their financial world. Often, our clients find us in a time of transition, like an inheritance, retirement, or the sale of their business. Other times, they simply think to ask themselves, “Do I deserve better advice?” – and we show them they do.
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.
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.
We manage and simplify busy professional’s wealth needs, delivering superior service and integrated solutions at a single point of contact.
This husband and wife lead active, busy lives, to say the least. She works long hours at her medical practice, he owns and operates franchised businesses all over the city, and their whole family enjoys active social lives. Their ultimate goal was to ensure a comfortable retire with enough resources to set their children up for success. They were in search of a partner they could trust to steward their wealth, while balancing investment in their personal business, insurance and the equity markets.
In order to create a comprehensive plan detailing their current situation, and uncover savings opportunities, we drew on our extended team of estate planners, tax professionals, and bankers. We worked directly with their accountant as well, to structure loans between their professional corporation and commercial operating business that leverage both the corporate profiles without sacrificing their long-term savings strategies. This allowed them to open a new franchise location and expand the medical practice. We also organized and began managing their investments – from the corporate accounts, to personal RRSPs, to trusts that would one day go to the children.
Retirement is a time when we transition from saving to spending, and the planning required for that is often overlooked. We help take care of your income, retirement goals, lifestyle, and other needs, so you can focus on enjoying retirement.
At the age 65 and 57, this husband and wife were welcoming their second grandchild and putting more thought into how they’d like to spend retirement. Between their joint savings and her pension, they hoped for lots of travel, time spent with family, and a sizeable legacy to support future generations.
After many explorative conversations, we ran several financial projection scenarios to determine the best way to provide flexibility and after-tax wealth: transferring the pension in to a Locked-In Retirement account (LIRA). This allowed the client more choice on when and how much to withdraw from the account. It also secured the pension for the family should something happen to the pension holder. We also helped the grandparents set up an RESP for their grandchildren, allowing the savings to compound over a longer period to fund their future education. Lastly, we completed an in-depth Will & estate review to reflect their evolving family situation.
With great success comes great opportunity to give back. We help high-net-worth individuals and families make a greater impact in their communities and support the social cause that matter most.
Recently retired, one individual we help built a significant fortune in her working years as a business executive. She wanted to continue supporting her family, lifestyle, and the charities close to her heart – with the confidence that her impact was being fully maximized.
We built a multi-faceted financial plan and charitable giving strategy, collaborating closely with her accountants and lawyers along the way. By establishing a personal charitable foundation, she could donate her appreciated equities (in-kind donations) without realizing the capital gain, and establish an investment account within the foundation to aid in her future charitable giving. We empowered her to not only give more than she might be able to otherwise, but significantly reduce the amount of taxation in her investment account.
