Children's Breakfast Club

Helping Hands – Giving Back:

We recently hosted Breakfast on the Patio.  The purpose was twofold - to support the Children’s Breakfast Clubs and to meet our neighbours in our building.  As many of you will know - we have partnered with Rick and Zubeda now for a few years supporting their organization through our annual movie night and food drive. When they mentioned they were looking for support to start up their 24th breakfast club in the GTA we decided we could pool our resources and help. 

 We were able to raise some cash, all the equipment needed to start the new program this September and provide them with lots of breakfast food to get started. 

Our pancake breakfast was lots of fun!  Making new friends, while giving back is a great feeling.  

Partnerships

Partnerships

Over our careers – a combined sixty plus years of industry experience – one of the things we value most is the partnerships we have cultivated.

Our most important partnership is the one we’ve each developed with our individual clients.  We value many aspects of these relationships – open communication, sincerity, integrity and the honour to share our clients’ lives with them at various stages of their lives.  It’s all about perspective, regarding how we provide advice during these joyous and difficult periods of our clients’ lives. We find it extremely rewarding to sit with our clients and share their experiences as they journey through life with us and their families.  The partnerships evolve,  both personally and professionally over the course of time.  It is not a stretch to say these great client partnerships are the most rewarding part of what we do. 

The 2nd set of partnerships we value are those with our business partners.  Being able to work with long term trusted partners makes an enormous difference when selecting the perfect tool to use when creating clients’ strategies to assist them in achieving their financial milestones.  These relationships are invaluable to us.

Trust is the key to any relationship and we value the relationships we have built over the years and will continue to do so in the years ahead.  The larger and more life changing the decision is… the more important these partnerships become.  Whether it is a client or business partnership we each value the strength each brings to our lives.

 - Deb, Kelly & Gary

Getting A Different Opinion Of Things South Of The Border

Getting A Different Opinion Of Things South Of The Border

       On July 30th we took the opportunity to join Edyta Bujak, our associate with TD Asset Management at a face to face breakfast hosted by her with Keiron Recagno, VP for T. Rowe Price.  TD Asset Management is the only access to T.Rowe Price management expertise for the Canadian market. T. Rowe Price has had a long-standing partnership with TD Asset Management since 1993 and manage six mandates for TD Asset Management.  They manage over $1.445 trillion U.S. dollars worldwide and have a very large team of over 600 investment professionals.  The team at T. Rowe Price are active managers with a performance driven and collaborative approach.  They develop insights into their investments by meeting directly with people like Jeff Bezos of Amazon.

     T. Rowe Price and their mandates hold many investments including the FAANG stocks – Facebook, Amazon, Apple, Netflix and Google.  They are bottom up investors which means they are focused on earnings growth and company/business specific information that their teams of analysts’ research daily.   Keiron commented that “there is a current disconnect in the market” and “the markets don’t generally behave as they are supposed to.”  Several themes were discussed such as what the Federal Reserve in the U.S. is going to do in the near future – perhaps two separate 25 -basis point drops in interest rates by the end of 2019, the Chinese growth factor as well as the pending trade wars throughout the world.

     The consensus at T. Rowe Price is “cautiously optimistic” for the U.S. market.  Innovation in the marketplace is widespread through various sectors such as the internet and cloud functions, health care, media, security & defense and automation.  Proper asset allocation continues to be very important in everyone’s investment portfolios.

     As we have often said, taking the long-term approach to investing and understanding your own personal goals and timelines are the key to a successful investment and planning approach.  We continue to gather information from many different sources in an effort to help our clients make the most informed decisions possible for their future.

6th Annual Helping Hands Scholarship

Helping Hands Scholarship (the “Scholarship”) was established by six colleagues of HollisWealth, a trade name of Investia Financial Services Inc. (“HollisWealth”) who are each a financial advisor - Deborah Kohlsmith, Gary Elder, Kelly Wood, Shane Nixon, Alfred Redmann and Kim Seipt (the “Founding Advisors”).  In addition, the Scholarship received generous donations from Jason Bobee, Regional Vice President of Investia/HollisWealth.

The intention of the Founding Advisors when establishing the Scholarship was to encourage and assist young people to pursue post-secondary education.  We believe that post-secondary education is the foundation to a better future and we are delighted that we can continue to help young people realize their full potential. 

Helping Hands Scholarship consists of two cash awards:

1st place ‐ $3,000 cash award

2nd place - $2,000 cash award

Applicants for Scholarship monies must meet certain criteria – see below.

•       Applicants for Scholarship monies must (i) be entering a 1st year undergraduate University or College program or be an Apprenticeship student, starting their program any time during 2019; and (ii) be an immediate family member (specifically ‐ son, daughter, niece or nephew, stepdaughter or stepson, or grandchildren are eligible) of one of our current clients.