519-524-5222 or 1-888-805-7868 124 Courthouse Square, Goderich, ON, N7A 1M8
Alternative Asset Classes
Guest Speaker: Steve Satov of Connor, Clark & Lunn
April 19, 2018. 3 - 5 pm
Our office will be hosting an exclusive presentation by Canadian wealth management firm Connor, Clark & Lunn Private Capital. Through a referral arrangement with our dealer Equity Associates, we work closely with Connor, Clark & Lunn and clients who have investment assets of at least $1 million. The new Part II Bistro restaurant here in Goderich will be the venue for this special event. The restaurant will be closed to the public during our time together.
This event is a follow up to our recent Farm Succession Planning Seminar in that some invited guests stated they would be selling their farming operations outright and would be receiving substantial payouts. Whether or not that is your situation, if you have significant assets we invite you to join us for the afternoon. Reservation of seats will be managed due to the nature of the discussions.
Senior Vice President Steve Satov, from Connor, Clark & Lunn Private Capital, will illustrate how alternative asset classes like infrastructure, commercial real estate, private equity purchases and funding of private loans can enhance returns and decrease your portfolio volatility. Clients that have engaged Connor, Clark & Lunn Private Capital through the referral have the opportunity to participate directly in these alternative investments as they become available.
Specific examples will be discussed along with a clear explanation of how your account would be managed by the firm. At the end of the presentation, there will be a chance to ask questions in front of the group or privately with Steve afterwards.
Equity Associates Inc. is a Mutual Fund Dealer and an Exempt Market Dealer in select provinces, and offers mutual fund products. Connor, Clark & Lunn Private Capital is a is a discretionary investment counsellor with which Equity Associates Inc. has a referral agreement. Your advisor may receive a referral fee or payment when you engage with Connor, Clark & Lunn Private Capital. All products or services other than mutual funds are not supervised by, nor are the responsibility of, Equity Associates Inc.
Farm Succession Planning Seminar
Guest Speaker: Peter Wouters of Empire Life
January 17th, 2018
Peter Wouters, whose title is Director of Tax, Retirement & Estate Planning Services, Wealth Division spoke for approximately 75 minutes and used an assortment of stories to drive home the point that 'equal is often not fair' when it comes to farm succession planning. He emphasized the need for open communication between all family members to find out what everyone is thinking as it pertains to their ownership of the farm or farming corporation. A considerable amount of time was spent discussing the capital gains exemption available to farmers and the family rollover provision which exists to pass excess capital gains to the next generation to defer the tax liability.
As a follow up to the seminar, a number of our guests requested a meeting with our advisor team to continue the discussions and look into the feasibility of using an Estate Bond (a life insurance strategy) to provide cost effective funding for succession plans.
We hosted this event at the Central Huron Community Complex in Clinton. It was an excellent venue due to its central location and lovely new amenities. Our office wants to see local family farms in our area remain vibrant and strong. As such, the event was advertised in the Goderich Signal Star newspaper and the 'Focus' newspaper which is distributed to every home in Huron County. Open to our existing clients and newcomers alike, the seminar was well received by all in attendance with many folks staying afterwards to speak directly with Peter. The lunch meal was served by Chef Devin Tabor of Bon Vivant Catering.
Guest Speaker: Rob Kochel of Invesco
October 2nd, 2017
This presentation was enjoyed by approximately 80 clients and guests. The venue was the Beach Street Station in Goderich where a delicious buffet lunch was served. Rob’s entertaining presentation was based on the book “The New Retirementality” by Mitch Anthony, a respected consultant in retirement and financial life planning.
He noted that the youngest baby boomers turned 50 in 2014, and as they approach age 65, they are likely to turn the notion of traditional retirement on its head. Today’s retirees and pre-retirees are interested in pursuing their own dreams and goals, at their own pace and on their own terms. “The New Retirementality” helped to provide a fresh perspective from which clients and their financial advisors can talk about retirement as well as providing tools designed to help the attendees find and fund their retirement lifestyles. Some interesting facts Rob shared with us:
Today’s average retirement is 16 years in length versus minus 2 years in 1935.
41% of retirees agree that “retirement is a difficult adjustment.”
80% of Baby Boomers say they want work to be part of their retirement years.
Rob encouraged us to explore these ideas:
Ways to change the conversation we’re having about retirement.
How we might “find” our retirement lifestyles.
Finding new ways to think about funding retirement lifestyles.
Following the presentation door prizes were awarded and guests were invited to mingle and talk with Rob one on one.