How I work with you
A personalized pension plan for business owners
Most of my clients have had their own business and consider their company to be their investment plan. They’ve never worked for anyone else and have no pension to count on, so my team and I provide them with our own version of a personalized pension plan:
- I invest the cash pool from their business divestiture and transform it into a steady cash flow so they can live on this nest egg for the rest of their lives.
- As they get closer to retirement, we manage their assets more prudently, taking fewer risks to protect their capital and generating a reliable income stream so they don’t have to worry about anything and can leave a legacy.
My investing style and process
1. I spend time getting an in-depth understanding about what a wealthy life means to you – your priorities on family, work, lifestyle and money. Then, with a passionate, experienced team of BMO wealth management professionals, I create a customized, investment plan that can adapt to external conditions and personal transitions.
2. I strive for conservative growth at a reasonable price. I select 40 or 45 Canadian stocks and 35 to 40 U.S. stocks that fit into our comfort zone. Depending on the level of risk you wish to assume, I will combine some fixed income and some high-quality, brand-name companies.
3. We will communicate with you often to keep you informed of what’s happening in the markets, how your portfolio/pension plan is performing, what we’re doing and what we foresee. You will receive a completely customized statement each month. We will adjust your strategy regularly to both external conditions and transitions in your personal life to ensure we remain on track to reach your goals.
4. This approach saves you time and worry when making important decisions. You know your financial affairs are in order and remain on track to reach your goals throughout your life – the ultimate benchmark of success.
About BMO Private Investment Counsel Inc.
One of Canada’s oldest and largest investment counsel firms, BMO Private Investment Counsel is the investment arm of the BMO Private Banking group and manages over $30 billion in assets. By accessing world-class asset managers, we can build a diversified portfolio that anticipates your needs and responds to risks and opportunities. Our award-winning investment platform is proven to help you reach your investment objectives. Our discretionary managed portfolios are guided by a framework of principles that embody our best thinking and strongest beliefs about how to help clients like you. This institutionalized decision-making approach to money management ensures we always apply top in class expertise to your portfolio.
Our ultimate benchmark is your financial success – everything we do is driven by your needs and goals. We pursue this aim through consistent, client-driven, principled action, and we integrate your portfolio with every aspect of your Wealth Plan.