Bryn Hamilton

Financial planning for business owners tends to be quite complex, involving such factors as multifaceted estate issues, tax considerations, and succession planning that align with ever-changing and stringent government tax legislation. Due care in determining a personal financial strategy involves an advanced level of expertise of Canada’s corporate landscape as well as an understanding of the business as it is now and as it is forecasted to be in future. 

Through our financial planning process, we aim to address business owners’ big-picture needs by constructing customized strategies to achieve their specific goals of wealth preservation, avoidance of unnecessary tax burdens, creditor protection, risk assessment, wealth accumulation and wealth distribution to themselves, their family, estate and charities.

Wealth management for the public-sector employee may seem to be a simple endeavor; however, there are numerous unique financial planning challenges specific to the Defined Benefit (DB) pensioner that lie just beneath the surface.  Typical unforeseen and overlooked challenges we address are: forced income, unexpected expenses and taxation.  These are inevitable by the very nature of how a pensioner will be positioned for retirement, having mainly accumulated wealth in registered environments.  The result, due to a lack of predetermined accessible funds from a tax-preferential income source, is pensioners becoming “tax bracket sensitive.” 

Our financial planning process aims to overcome the many hurdles specific to the DB pensioner.  Strategies like Income Splitting, Asset Location, and Pension Option Analysis are some of solutions, to name a few, that can be applied.