Posts by Jason Heath

I have worked with plenty of people who manage their own investments and do a very good job of it. They understand diversification, keep their costs low, rebalance their portfolios, and avoid chasing whatever investment happens to be performing well at the time. Some have been investing on their own for decades. But as retirement…

If someone offered you $5 million for your business, would you know whether you could afford to accept it? You might have a good sense of whether the price was fair without knowing whether the proceeds would be enough to retire. For an owner who has spent years building a company, it is understandable that…

Choosing a financial planner for retirement can be harder than it should be. A bank employee, investment adviser, insurance agent, and advice-only financial planner may all discuss retirement, but the services they provide and how they are paid can vary significantly. The right choice depends on what you need. Some people want someone to manage…

Clients often ask whether they need to move their investments to work with a financial planner. The short answer is no. If you work with an advice-only financial planner, you can generally keep your existing investment advisor. The planner focuses on financial planning while your advisor continues managing the investments. Many of our clients have…

I have been an advice-only financial planner for more than 20 years. When I started providing fee-only financial planning in 2002, very few people in Canada were doing it. More than two decades later, there are still surprisingly few. So, how many true advice-only financial planners are there in Canada? And how many could there…