Katie Keir / October 18, 2016 “Canada Savings Bonds, or CSBs, had a place and a time, and they’ve outlived that time,” says Walter Posiewko, a senior portfolio manager at RBC Global Asset Management. Posiewko, who once worked at the Bank of Canada as a capital…
Welcome to the GBK Strategic Financial Partners newsletter. We are very proud that for the past 2 decades our business has transitioned into one of Toronto’s leading Wealth consulting firms. As Wealth Consultants, our mission is to be the most valuable resource for our clients…
Life insurance. After just those two words I can sense your attention starting to waver. But if you are a high-net-worth Canadian who cares about your investment returns and paying less in taxes, you should pay attention to life insurance. Ted Rechtshaffen: In 2015, what…
Financial Planning, Retirement Planning and Estate Planning; what do they all mean and what is the difference. The challenge to answering these questions is there is no universal definition. Everywhere you look, these terms are sometimes being interchanged to mean the same thing. Financial Planning…
You understand how important financial planning its, but not all clients grasp its value. Here’s how to bust eight common myths. Myth #1: Wealthy people don’t need plans They’ve got more money than they can spend. Why do they need a report? Why it’s wrong:…
Owning a small or mid-sized business can mean wearing many different hats. One day you’re talking product benefits to customers, the next you’re discussing finances at the bank, and the next you might even be found organizing the stock room. You do so much for…
More than half of Canadians don’t have up-to-date wills and almost two-thirds haven’t prepared powers of attorney, according to a LAWPRO survey. But most Canadians acknowledge they should have these important documents. A will is a key component of all estate plans. Dying “intestate” (without…
Trust is not easily earned these days. There’s no place where this is more true than in the financial services industry. Take banks, for example. I walked into my bank this week. “Why do you chain your pens to the counter?” I asked the teller….
Let’s all be very honest with ourselves, we all want to be rich. We want to enjoy the fruits of our labour and live a life that is more fortunate and ultimately extravagant than the average man. We dream of having the planes, fast cars, nice…
If we think about our relatives, friends, and colleagues, chances are the majority of us know more than a few families who resemble The Brady Bunch rather than the “traditional” definition of a family. The reality is, blended families are increasingly common in Canada, with…