Business Owners, Executives and Their Families

Our primary focus is on guiding and assisting affluent Canadians and their families with the management of their complex wealth assets, overcoming their unique challenges, and developing holistic, customized strategies and solutions to help them achieve their financial and personal goals.

Our team provides professional investment advice that incorporates alternative investments as well as traditional stocks and bonds. We structure, coordinate, and integrate all aspects of your financial planning and capital management needs in close collaboration with your family’s team of trusted advisors. Your sophisticated needs are given the attention they require, and all options are reviewed with you before any strategy is deployed.

Advising a small, select number of wealthy families, we devote the time and attention to address all of your distinct needs. Here are a few of the areas where we add value:

Reducing Concentrated Stock Risk

Many top executives receive a large amount of their compensation in the form of publicly traded shares. While this aligns your efforts with the goals of your company, it often creates unwanted risk and potential future tax liabilities. We have extensive experience in creating high-quality portfolio solutions designed to help you diversify your single-security holdings in a tax-friendly manner. We also offer unique tools to help diversify risk, like our In-Share Stock Program.

Minimize Taxes

While most successful business owners and affluent families share similar priorities – such as paying less tax – we consider each client’s situation individually and assist with customized solutions. We provide tailored advice regarding investment selection, wealth transfer strategies, personal foundation structures and insurance solutions that will help to minimize taxes.

Collaborating closely with your other trusted advisors, including tax advisors, private bankers and legal counsel, we’ll recommend appropriate tax-efficient strategies. We will prepare an annual report summarizing all capital gains, dividends, and interest income that we can send directly to your tax advisor.

Buying or Selling a Business

In addition to the satisfaction of working for yourself, business ownership comes with several wealth planning benefits for you and your family that may include tax-advantaged income, income splitting and unique growth opportunities.

If you have ever considered investing in a business or would like to diversify your business holdings, you can draw on the experience of the Waterfront Group for assistance. As business owners ourselves, we have the expertise to guide you through the often-complex process of investing in, operating or selling a business. We will help to ensure that your entrepreneurial ventures are well supported and form part of a comprehensive long-term financial plan.

Philanthropy and Leaving a Legacy

In the unfortunate event that something was to happen to you, your family’s financial security is of primary importance. Short and long-term disability insurance and critical illness insurance, for example, will ensure that you are able to sustain your lifestyle without having a negative impact on your net worth.

You may also wish to leave a legacy to your loved ones in the form of a gift or inheritance or to pay tribute to the people and organizations that helped shaped your life. Today, many affluent families are interested in philanthropy, particularly while they are still living to witness the impact of their generosity and associated tax benefits. We can help set up a foundation, work with your community foundation, or set up your very own donor-advised fund.

These goals can be easily accomplished with unique products and careful planning. Trusts, wills, secondary wills, including a gift in your will, and life insurance policies are all excellent tools. Creating a solid wealth transfer plan that reflects your personal wishes can play a crucial role in the future for generations to come.

White Glove Service - Retirement Planning

You’ve been running the show and it’s time to settle into the next phase of your life. Our “white glove” planning service will explore all aspects of your outlook for retirement and we’ll assist in creating a detailed plan that can support your goals.

Planning for retirement is certainly a financial endeavour. However, there’s also a psychological component to the transition. Whether you’re pre-planning for the big day or creating new routines years into retirement, we’ll make sure your financial plan supports the lifestyle you envision and we’ll walk you through the options each step of the way.

Promoting Wealth Literacy

When it comes to passing on wealth to your children, there’s more to it than just the financial aspect. Don’t educate your children to be rich. Educate them to be happy, so that when they grow up, they’ll know the true value of things, not only the price.

Money can be a difficult topic to discuss with your children. As part of our service commitment to you, we offer our guidance and expertise to help bridge the educational gap. Family meetings, one-on-one focused sessions, and group educational seminar days are a few ways that we’re here to help.

Client Service Offering

Families with $1 million or more in assets under management receive:

Families with $10 million or more in assets under management additionally receive: