Would you get a different car mechanic to work on different parts of your car — one to inspect your brakes, another to swap your tires, and yet another to change your oil? My guess is no! You want to work with one mechanic who can provide you with a full assessment of your vehicle’s overall performance and repair what is needed.
Why would it be any different with your finances?
Many Canadians work with financial advisors, accountants, and mortgage brokers. These service providers all work in silos, each with a narrow view on their own area of expertise, and rarely take a step back to look at the full picture. Unfortunately, this leads to a substantial amount of inefficiencies, missed opportunities, and financial losses.
I take a contrasting approach. Since I am an investment advisor and a mortgage broker, I have a unique vantage point from which to look at your entire financial picture holistically. By analyzing your mortgage, your investments, and your taxes, I am able to spot opportunities that will save you money, leading to and increased returns in the short, medium, and long term.
My Holistic Approach To Financial Planning
Save Money on Your Mortgage
Purchasing a home or a property is one of the most important financial decisions many Canadians will make in their lifetime. By leveraging smart borrowing strategies — and avoiding common pitfalls — you can set yourself up for long-term financial success and security.
Whether you’re looking to purchase your first home, refinance your existing property, or invest in a rental property, I can help you secure the most favourable terms, best rate, and tax saving opportunities in order to protect and grow your investment.
Improve Your Investment Results
I’m here to let you know that you don’t need to pay your bank a 2 – 3% management fee in order for your investments to “beat the market”. In Canada, popular mutual funds are dominated by banks and energy companies, which have historically performed below global equity markets despite charging such high fees.
Conversely, I invest in diversified, low-fee investment solutions that have been shown to consistently generate better returns for my clients over the long-term.
Reduce Your Taxes
Did you know that your home equity can be leveraged to diversify your investments? Or that certain borrowing strategies can reduce your interest payments and make your mortgage interest tax deductible?
My in-depth evaluation will uncover strategies you can take advantage of to reduce your tax burden and lower your interest rates — in many cases, saving clients upwards of $2,500 each year on taxes.
As I have briefly illustrated, there is massive potential for savings when a plan is coordinated between your mortgage, your investments, and your taxes. Much like your mechanic looks at your car as a whole, the “parts” that make up your financial picture also need to be looked at holistically. That is exactly what I do.
If you’re ready to learn the advantages of applying a holistic approach to your finances, and reap the benefits, contact Kevin Bell today to get the conversation started. Your better future awaits.