Our Approach to Investments
Whether clients need something simple and guaranteed (such as a GIC or savings account), or something more complex (such as an IPP or RCA for their business) we provide the necessary guidance to find the right fit for their unique investment needs.
We purposely aligned ourselves with a variety of strategic partners to offer a complete range of investment solutions to our clients. And because we are an independent firm, we can access their products without their bias or influence to "sell" proprietary products.
This let's us stay impartial when advising clients. And we think that's important.
Some of our key strategic partners include (but not limited to):
Your Account Options & What They Can Do For You:
RRSP (Registered Retirement Savings Plan)
Lets you avoid taxes today, pay them after you retire and shelter investment growth in the time in between
TFSA (Tax Free Savings Account)
A great option to save more tax and invest for long-term. Work well for young savers who don't need the RRSP deduction, or those just wanting to save tax on investments.
Personal / Non-Registered
Our most common taxable account for the extra money you want to invest after maxing out your tax-preferred options
RESP (Registered Education Savings Plan)
A plan to help save money for a child's education while lowering tax overall burden - taking advantage of government matching grants and tax-preferred growth
RRIF (Registered Retirement Income Fund)
For when you're ready to start drawing retirement income and have RRSPs. Much like an RRSP, but require you to draw a minimum out each year (you can choose more, of course)
For accounts with multiple owners, such as married couples and business partners
RDSP (Registered Disability Savings Plan)
For those living with disabilities, especially young people, RDSPs offer access to incredible government grants that quickly magnify your investment for future needs. Ask us about this.
LIRA (Locked-In Retirement Account)
Used when you have a pension from a former employer but are not yet retired. Much like an RRSP, but you agree to adhere to certain restrictions as per applicable pension legislation. A LIRA will convert to a Life Income Fund (LIF) at retirement, also similar to how an RRSP converts to RRIF.
Investments for business or holding companies that want to take advantage of corporate income tax rates
Individual Pension Plan (IPP)
IPPs may provide higher retirement savings for business owners and bigger tax advantages than other retirement savings plans
Retirement Compensation Arrangement (RCA)
For affluent professionals, business owners or executives, RCAs can supplement pension and retirement income with other tax advantages.
Group RRSP & Pension
Set up a great benefits plan to attract the right employees and help them save for their future.
Earn a nice interest on your safe stash of money for short term needs or emergencies