Ashok’s fable

We cannot control the wind, but we can adjust the sails.

By 2002, I had been working in the corporate world for 25 years in a variety of roles. In my final job, I was CFO of a publicly traded company that I helped sell. After the deal was done, I had a decision to make: I could have taken up a job as CFO at another company, but instead chose to take control of my own destiny and started a financial advisory firm to leverage the intellectual capital I had built up over the years.

Initially, my clients were old friends and colleagues. Eventually, they became an extension of my family. In fact, several clients were guests at the wedding of my daughter, Anita, and son-in-law, Richard.

Most of my early clients were about my age, and they had children and grandchildren of their own who needed financial advice. Having Anita and later Richard join the firm gave our business continuity for generations. Our clients really appreciate that their children’s financial well-being will remain in good hands.

Taking a holistic approach was a natural progression. We support our clients to make the important things urgent. Creating a will, setting up a family trust, or putting in place a business succession plan are decisions that often get put off. By encouraging them to take these steps, we’ve also become a go-to resource for everything financial. We often get calls asking about mortgages, home and auto insurance, group Registered Retirement Savings Plans (RRSPs), or employee benefit plans for corporations. We get calls asking, “Should I buy or lease a car?” and asking for recommendations for a specialist. Our clients trust us that much.

Why choose us

Experience

Our senior team has, combined, more than 30 years’ experience in wealth management.

This is built on a legacy of our careers as chief financial officer and strategic business advisors.

Education

Knowledge is a passion for us, and we seek out continuing education to supplement our multiple post-graduate degrees in business, accounting and law, as well as investment certifications.

Commitment

We are dedicated to establishing long-term, multi-generational relationships with our clients.

Road map

We develop a customized formal plan for each client. These plans are not static. They are regularly reviewed and updated when family dynamics or global economic events warrant change.

Longevity

We will guide you on business continuity plans, establishing testamentary trusts, and succession and estate planning. We make provisions for reducing taxes payable on death and provide liquidity to meet estate needs.

Peace of mind

We are fiduciaries, with a legal obligation to put our clients’ interests ahead of our own. We anticipate and mitigate real risks that our clients face.

What we’ll do

Undertake financial discovery and understand your objectives to develop and implement your lifetime financial road map.

Help you to plan for the unexpected and avoid big financial mistakes.

Be a considerate sounding board for all of life’s major and minor financial decisions.

Manage your money in the same way we manage our own, using only high-quality investments.

Leverage our network of qualified and experienced professionals.

What we won’t do

Manage your investment portfolio without a clear financial road map.

Predict the direction of the stock market.

Provide high returns with low volatility (an impossible dream).

Pick the correct time to invest – we believe in “time in” the market and not “timing” the market.

Stop media from publishing articles designed to shock people into buying or selling the next fad.

Return of capital is just as important as return on capital.
–Richard Borrelli, Investment Advisor

Our investment philosophy

1.

Have realistic expectations

It is impossible for anyone to consistently predict the short-term direction of the stock market.

2.

Match risk with objectives

Investors should resist assuming greater risk than is necessary to achieve their long-term financial objectives.

3.

Invest for the long-term

Time in the market, rather than timing the market, is a proven way to achieve a higher return over the long term.

4.

Use tax-effective strategies

Prudent tax and estate planning – along with tax-effective portfolio construction and leveraging appropriate insurance strategies – is a smart way to achieve superior investment returns without increasing risk.

5.

Choose high-quality investments

The value of any investment in the long term is determined by the predictability of the cash flows that it is expected to generate. Dividend paying and dividend growing companies generate superior risk-adjusted returns.

6.

Achieve peace of mind

Slow and steady growth is a proven way to improve the likelihood of achieving one’s lifetime financial objective.

Our clients say

It is reassuring to know that the key members of the advisory team have taken the time to get to know our family members and have established excellent rapport with them. The team has worked closely with us to do extensive financial, tax, and estate planning to keep our financial house in good order, and we appreciate their steadfast discipline in keeping us invested in high-quality investments. It is important to us that the wealth continues to be well managed for future generations, and we feel confident that the multi-generational team of Chetan Wealth Management will be there to guide them.
–Sanjay T., CEO of a public company, Client of Chetan Wealth Management since 2014

As always Ashok, you and Anita seem to go above and beyond, offering us ideas and scenarios that we overlook. Or never think of at all! We sincerely value that interest, and truly thank you for it.
–Andria & Matthew H., Retired Business Owners, Clients of Chetan Wealth Management since 2015

We have been with the Chetan Wealth Management Team for over 12 years. In that time, they have risen to all the challenges we have had with our personal and business financial investments. Both Ashok and Anita, and their team are professional, efficient, responsive, and a dream to work with. With the ebbs and flows of the market, they have always communicated and offered strategies to handle our concerns. Highly recommend.
–Kim V., Business Owner, Client of Chetan Wealth Management since 2010

Since 2005, the Chetan Wealth Management team has directed my family in all of our financial decisions. Ashok and Anita have done so with integrity, and with our best interests in mind. I have no hesitation whatsoever in recommending them.
–Lynn G., Client of Chetan Wealth Management since 2005.

Ashok Chetan, B.Comm., LL.B, CIM, CA, CPA

Senior Portfolio Manager & Wealth Advisor

905-277-6003

|

Email me

Anita Borrelli, B.Comm., CIM, MBA

Portfolio Manager & Wealth Advisor

905-897-8338

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Email me

Our Partners

Grant Henri, PFP, F.Pl., TEP

Vice-President, High Net Worth Planning Services, Family Office Services, RBC Wealth Management

Grant attended Concordia University in Montreal where he completed a Bachelor of Commerce degree in 1992. He holds three financial planning designations, a Specialist designation from the Trust Institute, and is also a member of the Society of Trust and Estate Practitioners. Grant has completed the in-depth tax program with the Canadian Institute of Chartered Accountants (Levels I, II and III).

Grant has over 25 years of progressive experience in various roles within the financial services field. In addition to his work with RBC Wealth Management, he is currently teaching Tax and Estate Planning courses for the Institut Québecois de Planification Financière to support the continuing education requirements of financial planners in the province of Quebec. Grant has also provided support to the Financial Planners Standards Council of Canada as a subject matter expert and has taught financial planning courses at George Brown College in Toronto.

Andrew Sipes, CLU

Estate Planning Specialist, RBC Wealth Management Financial Services Inc.

Andrew loves the insurance business. It’s not the products, it’s the opportunity to learn about you, your family and your life as a whole and how insurance may help you to reach your most cherished goals. That accounts for Andrew’s core purpose: to focus on people and provide the optimal solution for their unique circumstances.

Fundamentally, Andrew is an educator. He says, “If I hadn’t chosen the insurance business I would probably be a teacher. As an Estate Planning Specialist, my role is to educate clients on which situations these products are for, and how you make them work.” It is not about the sale. It’s about helping people discover an insurance solution that works for them, if any. It’s always about people, not product.

Andrew has been an Estate Planning Specialist since 1993. He lives in Toronto with his wife, daughter and their dog. An amateur boxer until 1992, he was the Ontario middleweight champion. Now he’s an avid squash player and fisherman.

Jorge Avalos Romo

Premier Banking Advisor, RBC Royal Bank

As a Premier Banking Advisor, Jorge Avalos Romo provides banking and credit solutions to select high net worth individuals and their families. Acting as a single point of contact, he partners with Investment Advisors and Counsellors across the Etobicoke, Mississauga and Brampton regions, and provides personalized service and tailored advice to efficiently and effectively manage their day-to-day banking needs.

With 10 years of experience in financial services with RBC, Jorge is respected by his clients and industry peers, and has received numerous awards and recognition.

Jorge is committed to giving back to his community and has volunteered for various organizations such as: Toronto Youth Development, PARC Edmond Place and Ernestine's Women's Shelter.

Born in Guadalajara, Mexico, he moved to Canada in 2008. Jorge holds a Bachelor of Business Administration from the University of Michoacan San Nicolas de Hildalgo.

He currently resides in the Toronto with his wife and four children and when he isn't hard at work for his clients, you'll find him spending time with his family and enjoying his pastime sport of swimming.

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