Financial Advice in Markham, ON
Everyone in Markham has different retirement planning goals. We offer fee-only financial planning to clients in Ontario or worldwide via Google Meet. We start with your unique goals and circumstances and then develop a long-term plan tailored to you. The ideal financial advisor will assist you in navigating toward your financial goals. They will aid in preparing you for challenging situations and evaluating pivotal opportunities that may arise throughout your lifetime. We pride ourselves in offering sound, honest, financial advice based on education, knowledge and experience. Advisors operating under a fee-for-service model are paid directly by their clients, rather than through sales commissions, referral fees, or assets under management. This approach ensures transparency and eliminates the conflict of interest arising from recommending and selling financial products. We embrace investor education because it enables us to build strong client relationships. Your financial strategy should be as unique as you are. Reach out to get started.
Tax Planning Strategies
Tax planning encompasses not only the timely submission of income tax returns. It includes strategies such as investing in appropriate accounts, and strategically withdrawing funds to minimize tax liabilities. I am dedicated to aiding you in comprehending and minimizing the tax ramifications associated with your investment choices, earnings, and other financial endeavours. My goal is to ensure compliance with Canadian tax regulations while maximizing available credits and deductions.
- How do I fund my retirement in the most tax efficient manner?
- Should I save in my name or my spouse’s name?
- How do I pay less tax on my investments?
- How do I pay less tax over my lifetime?
- Should I set up a holding company?
- Should I set up a corporation?
- How do I pay less tax today?
Legacy & Estate Planning
An estate plan develops short and long-term financial strategies for minimizing estate taxes and facilitates a smooth transition of wealth. It helps ensure your wishes are followed after your death, including what happens to your money, property and personal items and who will manage your estate.
- Should I transfer assets to my children now or in the future?
- What is a power of attorney for personal care?
- How do I make a plan for the family cottage?
- What assets will pass through my will?
- What is a power attorney for property?
- What beneficiaries should I name?
- How do I minimize probate fees?
- Should I have a will?
Education Savings Consulting
Registered Education Savings Plans (RESPs) offer an effective way to maximize the money available to your children or grandchildren when they enroll in a full-time post-secondary program. Withdrawals are taxed in the hands of the student, typically at a lower rate. And anyone, parents, grandparents, other family members and friends, can open an RESP for a child.
- How much will a college education cost when my child turns 18?
- When should I start making my investments safer?
- How much should I contribute each year?
- What if my child gets a scholarship?
- What investments should I own?
Nic Tustin, BA Econ
I used my experience from BMO, Canada Life, Edward Jones, Sunlife and TD to create apps to help investors pay fewer fees and income tax. I bring my experience from working at a variety of financial institutions to provide you with unbiased recommendations. I primarily focus on tactical asset allocation by actively balancing portfolios to reduce market risk. I create diversified portfolios based on algorithms. Less guesswork and more structure when it comes to investing will help you reach your targeted retirement goals.
Financial Consultants in Markham, ON
Regardless of your age, there is no better time to reach out to a Markham retirement planning expert to learn how to start investing in your future. We specialize in comprehensive financial planning, wealth management and retirement planning. We provide various services, including financial planning, investment advisory, tax, and financial education. Nic Tustin offers fee-only financial planning advice across Canada. Making the most of your wealth requires serving your finances in their entirety. I can help you navigate the financial markets, economy, and investing environment. I can recommend strategies that will help you optimize your portfolio’s return potential while helping you manage risk. We help you discover and develop the best ways to maximize your wealth today and into the future.
- Do I have enough money to retire?
- Are my investments in the right accounts?
- Will I run out of money during retirement?
- Do I need more investment diversification?
- How much should I be saving or spending?