Leveraging, or borrowing to invest, can be a very effective strategy. When an investor believes his or her potential return on an investment will exceed the cost of borrowing, leveraging can make sense. The benefits are further enhanced when interest paid on borrowed money is…
LEVERAGE INSURANCE POLICIES FOR YIELD There’s been significant change in the insurance industry. MGAs and insurers have consolidated, there are fewer products and features, and there have been proposed changes to exempt rules. Most recently, Budget 2013 closed the marketing of 10-8s and triple back-to-backs…
Because it is like having your cake and eating too! So many meetings, so many difficult decisions, and so many times our clients failed to take advantage of insurance. Time after time we would hear, “I could do much better on my own without the insurance”….
THE HIGH NET WORTH CLIENT’S FINANCIAL FUTURE Clients are constantly searching for new strategies to maximize their financial position, be it through investments, insurance or savings plans. For the high net worth client, in particular, one financial expenditure is inevitable: tax. Unfortunately, as our wealth…
By Rosemary McCracken, April 10, 2015 inShare1 Businesses that hire employees will need to consider whether to offer group life and health benefits as a part of their employees’ compensation. John Carinci, Toronto-based head of group and business markets at RBC Insurance, cited a 2011 Sanofi-Aventis…
Many entrepreneurs don’t want to retire. “They love what they do. It’s their passion,” said Jason Safar, PricewaterhouseCoopers Canada’s Oakville, Ont.-based national private company services tax leader. But financial advisors should urge their small-and-medium-size business clients to address the subject of their retirement. “They need…
Advisors have the opportunity to help small-and-medium-size business clients create estate plans that will minimize the tax payable upon the client’s death, provide for family members and reduce conflict among beneficiaries. An effective estate plan should flow from the plan that the SME client has…
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…
How much will you need to retire? Nothing is more frustrating than trying to figure out how much to save for retirement. You know the amount you’ll need to save depends on what kind of retirement lifestyle you want. But how can you decide that…
We have developed a financial strategy that significantly reduces the cost of funding life insurance coverage. The strategy known as Capital Squared, is most beneficial for shareholders of private corporations that have investable retained earnings and high net worth individuals with discretionary income. The Capital…