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. And anyone, parents, grandparents, other family members and friends, can open an RESP for a child.
- Tax-advantaged savings account in Canada
- Taxed in the hands of the student, typically at a lower rate
- Explore contribution limits and eligible educational institutions
- Penalties for non-educational withdrawals
- Understand investment options for optimizing returns
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.
- Allign your goals with the most efficient use of your resources
- Understand tax implications
- Optimize investment strategies
- Utilize insurance tactics
- Review wills and power of attorney
Financial Planning
A financial plan documents an individual’s short-term and long-term financial goals and includes a strategy to achieve them. An investment portfolio serves as a tool designed to realize your financial objectives. It typically includes details about income, property, expenses, savings, debts, investments, insurance and a roadmap for achieving specific financial objectives.
- Assess current financial situation
- Determine future objectives and time horizons
- Consider potential life changes
- Aligns with unique needs and circumstances
Home Purchase Consulting
When purchasing a home, factors such as location preferences, property size, condition, neighbourhood, amenities, proximity to school and work, and potential for future value appreciation must be considered. Additionally, financing options and other costs must be understood. Securing a mortgage that suits your needs is vital.
- Assess your finances
- Budget considerations
- Financing options
- Understand associated costs like property taxes and maintenance
- Choose a mortgage type
- Research lenders
Insurance Purchase Consulting
Life insurance is a way to protect your survivors and dependents against financial hardship. A life insurance policy is a legal agreement between you and an insurance company in exchange for the premiums paid by the policyholder that guarantees payment of the face value of the policy, upon death.
- Benefits of life insurance
- Types of life insurance
- How much life insurance do you need?
Investment Planning
Investment planning encompass much more than a mere selection of Exchange Traded Funds (ETFs) or assembling equities and fixed income. Investment planning involves crafting a suitable asset allocation strategy that aligns with your risk tolerance and objectives, along with identifying the most suitable investment accounts. My services encompass guidance on ETFs for stocks, bonds, and interest-bearing accounts.
- How I’ll help you reach your goals
- How I decide on appropriate investments
- Monitoring stock market and industry trends
- Staying up-to-date on current investment products
Online Brokerage
Self-directing your investments with an online brokerage gives you the flexibility to react quickly to changing market conditions or investment opportunities without needing approval from a third party. Qtrade is the trusted online brokerage provider for over 100,000 clients across Canada and the trusted partner of many of Canada’s leading financial institutions.
- With self-directed investments, you have full control over where your money goes
- You can diversify your portfolio across various asset classes, industries, and geographic regions according to your preferences and market outlook
- Save on management fees and other associated costs, thus maximizing your returns over the long term
Retirement Planning
Incorporating retirement planning into your overall financial strategy is of utmost importance. Whether it entails calculating your projected yearly retirement income or estimating the required savings to attain your desired retirement earnings, I am here to guide you toward your retirement aspirations. I will fine-tune your investment approach and harness government benefits to ensure your financial security throughout your retirement years.
- How much do you need to save for retirement?
- Understand your time horizon
- Determine retirement spending needs
- Assess risk tolerance vs. investment goals
Tax Planning
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.
- Income Splitting with your Spouse
- Strategies to minimize tax
- Corporate tax planning
- Cross-border tax planning
- Distribution of assets between your accounts
Term Life Insurance
Did you know you can save money by replacing your current mortgage insurance with term life insurance? And you can keep the coverage even if you move! Term life insurance is temporary coverage that provides a tax-free payout if you die within the term you choose. The money can be used to pay bills, mortgage, kids’ education or to keep your business running. By clicking on the previous link, get a term life insurance quote by completing a simple application. Find out instantly if you’re approved.
- Do you need term life insurance?
- How much term life insurance should you get?
- Choosing your term insurance length
- Cost of term life insurance
Wealth Management
Wealth management combines several financial services to address the needs of affluent clients. Wealth management brings together tax planning, wealth protection, estate planning, succession planning, and family governance. Using a consultative process, the advisor learns information about the client’s wants and their specific situation. I’ll tailor a personalized strategy that utilizes a range of financial products and services.
- Feel confident in your plan
- Diversification to minimize the impact of losses
- Rebalancing portfolio asset allocation
- Long-term investment advice
Wills Online
The Epilogue platform can be used to make legal Wills, Powers of Attorney as well as a Social Media Will. Epilogue offers guidance and support before, during, and after the Will-making process to give customers peace of mind knowing they’ve done everything right to keep themselves and their loved ones safe.
- Address your concerns
- Create a record of your assets
- Preserve your legacy
Nic Tustin, BA Econ
I used my experience from Sunlife, BMO, TD, Edward Jones and Canada Life 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.
InvestCAN | InvestRESP | InvestUSA | RetireCAN | RetireMGN |
$99.99 CAD | $12.99 CAD | $79.99 USD | $99.99 CAD | $9.99 USD |