Setting up in-trust accounts for children
Often, parents wish to gift money to children and have the money invested in a segregated fund. This will probably follow RESP...
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Scott Edgington
- Feb 21, 2019
- 1 min
Beware of 10 Year Returns
Remember the financial crisis of 2007-2008? Of course, we all do. Built on the assumption that property values can never go down, people...
Jesse Cott (QFS)
- Jan 31, 2019
- 2 min
Scammed...almost
Undoubtedly, we’ve all received calls from scammers looking for us to send money or give over our credit card information. Recently, an...
Jesse Cott (QFS)
- Apr 12, 2018
- 1 min
Reason Why
Sometime last year I saw for the first time "Reason Why" letters. These letters can be used for your files to create a record of what you...
Jesse Cott (QFS)
- Apr 5, 2018
- 2 min
Services Canada
As many of you know, Rick Gallant has joined QFS and will be supporting advisors on the wealth side in Atlantic Canada and Quebec. Rick...
Jesse Cott (QFS)
- Mar 29, 2018
- 1 min
Money Monday Recap
We had some great presentations from La Capitale and RBC at this week's Money Monday. Here are some highlights from La Cap: Fees the...
Jesse Cott (QFS)
- Mar 15, 2018
- 2 min
Successor Owners and Annuitants
This time, let’s take a look at successor owners and annuitants. Generally, these options apply to non-registered contracts. A successor...
Jesse Cott (QFS)
- Mar 1, 2018
- 1 min
Home Buyer's Plan
The only savings vehicle for many Canadians is their RRSP. In light of this, the government allows first time home buyers to effectively...
Jesse Cott (QFS)
- Feb 22, 2018
- 1 min
RRSPs and Bonuses
It’s hard to believe that another RRSP season is almost gone. RRSP seasons aren’t as frantic as they used to be but there is still a lot...
Jesse Cott (QFS)
- Feb 15, 2018
- 2 min
RRSPs and Dependents
Last week I was approached to help on an interesting case. Without going into the specific details, here is the scenario. A young man...
Jesse Cott (QFS)
- Feb 2, 2018
- 1 min
Marijuana Stocks
The legalization marijuana in Canada certainly has created a lot of buzz in the investment community. Is everybody really making money?...
Jesse Cott (QFS)
- Jan 25, 2018
- 1 min
RRSP-TFSA Doubleheader
Everyone’s time is so precious; why not optimize your time with clients by helping with their RRSPs and TFSAs at the same time? I...
Jesse Cott (QFS)
- Dec 14, 2017
- 2 min
Reasons for Spousal RRSPs and The Attribution Rule
This week I had a few questions on spousal RRSPs. So, I thought I’d review some reasons for having them and how the attribution rule...
Jesse Cott (QFS)
- Dec 7, 2017
- 1 min
Segregated Funds vs. Mutual Funds and Index Portfolios from IA
We are all faced with explaining the differences between segregated funds and mutual funds. With that in mind, I’ve put together this...
Jesse Cott (QFS)
- Nov 30, 2017
- 1 min
Desjardins Investment Line-Up
On Monday this week, we had an excellent presentation from Blake Attwell and Kathryn Bennett of Desjardins. Blake took us through their...
Jesse Cott (QFS)
- Nov 21, 2017
- 2 min
Year-End To-Dos
Dear Associates, Year-end is quickly approaching so here are five ideas to help you strengthen your client relationships. Set up a...
Jesse Cott (QFS)
- Oct 26, 2017
- 2 min
Longevity and Solvency
This week I read two interesting articles in The Financial Post that made me think about the guarantees we can offer your clients. The...
Jesse Cott (QFS)
- Oct 19, 2017
- 2 min
Annuities are beige. But sometimes, beige isn't such a bad thing.
My past week has been filled with requests for single premium annuity quotes, which leads me to believe that more and more of you are...
Jesse Cott (QFS)
- Sep 21, 2017
- 1 min
Registered Education Savings Plan
It may be a coincidence, but when school starts in September, it seems I get to help with a lot of RESP cases. It’s one of the easiest...
Jesse Cott (QFS)
- Aug 31, 2017
- 2 min
TFSAs and Successor Annuitants
At our last Money Monday, TFSAs with successor annuitants was discussed. Before I get into that topic, here’s a quick refresher on TFSAs. ...