Many clients have had a less than favorable experience with insurance. Sarah Widmeyer chats with Jeff Fray, VP, Insurance Services, on how to make sure clients are set up appropriately, with insurance solutions as part of their overall wealth plan.

Wealth management includes insurance

We're revisiting one of our most popular episodes of Conversations of Wealth, where Sean Hsu answers the question to "why should we care about tax management as part of a holistic wealth plan?"

"It's not just limited to March and April when you have to file your returns, and it's not limited to just a month of December, where you usually see a sporadic rise of people doing last minute planning. And the reason why it's important to think about taxes, because simply put, it's a cost of wealth at all stages."

Tax Strategies

Sarah Widmeyer speaks with Sean Hsu about tax considerations and strategies when moving out of Canada.

We talk about residency and tax obligations and understanding how to use Canadian registered accounts as part of your tax strategies for maximum benefit.

Tax considerations and strategies when moving out of Canada

In our latest episode of Conversations on Wealth, host Sarah Widmeyer, SVP, Head of Wealth Strategies talks philanthropy and the importance of strategic giving with Sylvia Azoulay, VP, Tax & Estate Planning.  

We talk about:
- Getting started on a personal or family giving strategy
- How donating a life insurance policy works
-The difference between donor advised funds and private foundations

Maximizing the impact of your charitable giving

Featuring An Nguyen, Vice President, Investment Services, listen to our latest podcast episode of Conversations on Wealth as we address why navigating the emotional roller coaster of investing is easier said than done.

We dive into why it's so important to stay invested, what that looks like, and how an advisor can help work through these market cycles.

Investing versus trading: navigating the emotional rollercoaster of cyclical markets

It’s difficult for many families to have frank discussions about money; talking about passing on wealth can be especially tricky. In the latest episode of our Conversations on Wealth podcast hosted by Sarah Widmeyer, we address the importance of discussing wealth with children early, with Sascha Isaacs Portfolio Manager at Richardson Wealth Private Family Office. Sascha shares that: 

-	Children develop money habits by the age of 7
-	Establishing wealth objectives and philanthropic goals as a family can help cultivate a wealth stewardship mentality  
-	There are many tax-efficient ways for people to pass on wealth – a financial advisor can help

How to introduce children to wealth

Centres of Influence referrals, or COIs, are incredibly important in generating clients who are a good fit for an advisor’s business and client base.

In our latest episode of Conversations on Wealth hosted by Sarah Widmeyer, Christina Clement, VP, Growth and Execution at Richardson Wealth explains what advisors need to do to get the referral strategy right, including:

– Take a systematic approach

– Explain your business model and how you’re different

– Understand that the process takes time, consistency, and commitment

How To Get Referrals From Centres of Influence

Many of us think of a will as a one-and-done thing, but it’s really not. In our latest episode of Conversations on Wealth, Sarah Widmeyer, SVP and Head of Wealth Strategies chats about will planning with Sean Hsu, Vice President, Tax.

Sean advises that we should be reviewing our wills regularly (at least every 3-5 years) as part of managing our financial health, and addresses these questions:

- What life transitions might trigger the need to look at our will again?
- What should we be looking at when we review our will? 
- What should we know when it comes to legislation changes around succession and tax laws?

When should you review your will?

Receiving a windfall can come in many forms, a lottery win, an inheritance, business sale, or a real estate sale.
In this episode of Conversations on Wealth, host Sarah Widmeyer and Ryan Knipfel, senior financial planner at Richardson Wealth talk about how important it is to have a strategic financial plan if you come into sudden money – either expectedly or unexpectedly – so you can manage your wealth wisely.

Managing a financial windfall

Conversations on Wealth is a podcast series dedicated to helping Canadians navigate the complexities of wealth through a multi-dimensional approach to planning and wealth management.

Host Sarah Widmeyer, Director of Wealth Strategies at Richardson Wealth, talks candidly with various experts, in-house and externally, asking key questions that draw useful insights on wealth-planning issues. Subjects range from multi-generational family issues to investment-related topics. These podcast conversations are intended to kickstart your own discussions – both with those close to you as well as with an Advisor – to help you protect and grow your wealth.

How To Get Referrals From Centres of Influence

Conversations on Wealth

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