For seniors, divorce can mean emotional but not financial freedom

By: Sharon Ho, featuring our advisor Debbie Hartzman, CFP, CLU, TEP, CDFA The marriage vow “til death do us part” is less true for seniors today. For advisors, that means managing more clients going through divorces later in life. Rick Peticca, an associate lawyer at Shulman Law Firm in Vaughan, Ont., says he’s seen a significant increase over the last Read More

Expectation is the root of all heartache – 4th quarter, 2017

Jan 10, 2018 By Andrew Pastor, portfolio manager In the 1930s, Winston Churchill had left politics and was teaching a class at Cambridge University. He started a lecture with the following question, “What part of the human body expands to 12 times its normal size when subjected to external stimulation?” The class gasped, it was the 30s after all! Churchill Read More

Goldfish – 3rd Quarter 2017

Submitted by Rita Dillon, CFP A Microsoft Corp. study in 2015 concluded that humans now have an attention span of just eight seconds. Goldfish have an attention span of nine! The report was 54 pages though so I didn’t read it. This small paragraph will take over eight seconds to read so I’ve likely lost half of the humans already. Read More

You Deserve the Best

Thank you for visiting our site and familiarize yourself with what we as independent advisors can do to the make your portfolio grow. For those of you who have more than one financial advisor or are being approached by an advisor whose main focus is on reduced fee ask them what you are being expected to give up for a Read More

Wait gain – 4th quarter, 2016

Submitted by Rita Dillon, CFP Written by Andrew Pastor, portfolio manager Over the holidays, I read a biography about John Wooden, the legendary college basketball coach. From 1963 to 1975, he won 10 national championships; a record unlikely to be broken. As a fan, I marvelled at his coaching success and wondered how he was able to find that “elusive edge.” Read More

Stairway to Heaven, or Highway to Hell?

I read an article in The Economist a few weeks ago about a concept called the Nash equilibrium, named after John Nash who won the Nobel Prize in Economic Sciences for his contribution to game theory. The article highlighted that the Nash equilibrium helped economists better understand how self-improving individuals could lead to self-harming crowds. The first thing I thought Read More

Changes to the Rules for Estates and Wills in Canada

If you are an executor, you have a pretty heavy job ahead of you.  Working with an Estate and Trust planner, can you navigate and eliminate some of the pitfalls. Recent amendments to the Income Tax Act have made fundamental changes to the tax rules for estates and wills. Lawyer’s , trustees, and financial estate planners should familiarize themselves with Read More

Volatility is Your Friend

From August 1982 to August 1987 the stock market staged a phenomenal 250% increase.  Then in one day in October 1987, the market dropped a record 24%.  Sanity and reality returned.  That’s the stock market. Over the last 70 years we have had many bull markets (Up) and also many bear markets (Down).  But guess what?  The bull markets averaged Read More

Volatility as Opportunity

Volatility gets a bum rap in the financial services industry. For the average investor, it’s synonymous with risk and you’ll often see the two terms used interchangeably. Nor is volatility’s reputation entirely unfounded. Certainly over a short time horizon, a tumultuous market can have real consequences if you need to buy or sell an investment. In that case, what might Read More

Risk and Volatility

Financial Planning Most Overworked & Misunderstood Words Is it Risk or Is it Volatility?   Risk is defined as a probability or threat of damage, injury, liability, loss or any other negative occurrence that is caused by external or internal vulnerabilities that may be avoided through premature action. Investment Risk is defined as the probability of loss associated with an Read More