What happens when the children grow up and they are no longer dependent on their parents? Estate planning for mature families and retirees can bring up a number of issues including family dynamics and harmony.
Michael continues to stay ahead of the industry by achieving the Portfolio Manager classification. Less than 5% of Canada’s 100,000 plus Advisors have this designation*.
What is in it for you?
Portfolio Manager designation enables Michael to run discretionary portfolios which are better suited to today’s fast-paced, ever-changing, investment environment. Meaning that if changes are needed with investments in client portfolios, Michael can adjust all discretionary accounts on the same day.
Being on the Portfolio Manager platform allows our clients to have a wider range of investment choices, including individual stocks, ETFs, and alternative investments. Portfolios are balanced according to each client’s individual risk tolerance and time horizon. Michael also makes sure that you have the proper mix of registered investments (RRSPs TFSAs and RESPs) and non-registered investments (Canadian and US investment accounts, corporate investment accounts and permanent life insurance).
A discretionary model means equal priority for everyone. All trades are completed at the same time and at the same price. No commissions are charged for buying or selling stocks, ETFs or mutual funds. The management fee is tax deductible for any non-registered accounts. This is not currently the case and can save a significant amount of tax every year.
In coming months we will reach out to many of you to discuss the Portfolio Manager platform and its benefits.
delivering peace of mind
Integrity, Insightful, Innovation
HollisWealth® is a division of Industrial Alliance Securities Inc., a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada.
This is not an official website or publication of HollisWealth and the information and opinions contained herein do not necessarily reflect the opinion of HollisWealth. The particulars contained on this website were obtained from various sources which are believed to be reliable, but no representation or warranty, express or implied, is made by Industrial Alliance Securities Inc., its affiliates, employees, agents or any other person as to its accuracy, completeness or correctness. Furthermore, this website is provided for information purposes only and is not construed as an offer or solicitation for the sale or purchase of securities. The information contained herein may not apply to all types of investors. The Investment Advisor can open accounts only in the provinces where they are registered. Insurance products provided through Hollis Insurance Agency.