Private Wealth Management: Investment Planning Advisors in Toronto
By Geoff G.R.
Think of private wealth management as a form of personal financial planning. A wealth manager in Toronto advises clients on what investments to make, and what tax benefits to take advantage of, in order to save a significant amount of money regularly.
When an investment planning counsel uses a passive management investment strategy, long-term investments are made with minimal portfolio changes. Active management investment strategies involve frequent capital and asset management changes for short-term profit.
Investment Advisors and Private Wealth Management in Toronto
Douglas D. Lamb,
Dundee Private Investors Inc/Spera Financial
Suite 500, 120 Eglinton Ave. East
Toronto, ON M4P 1E2
Phone (416) 489-8500
Your wealth manager will plan a financial strategy with you, creating spending budgets and setting up retirement savings accounts. Certified financial planners in Toronto can set up an estate planning strategy for you, which reduces the amount of estate taxes paid on property owned.
Also see: Tax Consultants