As managing director of tax and estate planning with CIBC Financial Planning & Advice in Toronto, Jamie Golombek is quoted frequently in the national media as an expert on taxation.
As managing director of tax and estate planning with CIBC Financial Planning & Advice in Toronto, Jamie Golombek is quoted frequently in the national media as an expert on taxation.
Advisors can play a huge role in helping clients understand how taxes affect their investments
As the annual contribution deadline approaches, here are three ways to help your clients get the most from their RRSPs
Your employee and retiree clients could take advantage of these astute tax-planning strategies for the current taxation year
With the annual dollar limit increasing in January, there’s no reason why your clients shouldn’t take advantage of this tax-free savings and investment vehicle
Make sure to discuss tax-loss selling, tax-gain donating and RRSP strategies with clients to whom these strategies apply
Next time a client has a desire to play games with his TFSA, point out this harsh — but legally valid — punitive tax
The instalment system can be complicated, so clients need help figuring out which one of the three methods to pay their taxes makes the most sense
The case of a Canadian student studying in the U.S. brings to light what happens when CRA officials follow a strict and literal interpretation of the law
Now is a great time to review your clients’ files to see if you have the most up-to-date information on their available RRSP contribution room
The federal tax agency is making the transition to a new telephone system that will connect callers with agents more efficiently
How to protect yourself from risks of insider trading
Why KYC updates have never been more important to your success
Litigation risk exists even after you’re retired or unable to work
Sophisticated buyers will know what to look for to determine if it is a compliant business
There are inclusionary and exclusionary approaches to responsible investing
Study finds causal evidence that retail investors will move assets into RI funds if it is made easier to do so
Upcoming disclosure requirements will provide a wealth of diversity data that goes beyond gender
What is sustainable finance, and what does the recent report from Canada’s Expert Panel on Sustainable Finance mean for advisors?
Today's product offering allows you to build globally diversified portfolios for responsible investors
How to communicate the essentials without getting lost in the weeds
Part 2 of a series on multi-factor ETFs
Why to consider multi-factor ETFs
Scale is vital to the success of smaller investment dealers
Engaging with regulators is an important part of ensuring new rules are implemented effectively
Why strengthening personal data protections poses a looming challenge for the Canadian investment industry
Why well-managed small and mid-size independent dealers are competing effectively
Some clients may be better off contributing to a TFSA, but their contribution room will depend on when they turned 18
A report suggests the feds could make TFSAs even more useful
Help your clients navigate charitable donations, tax-gain donating and donor-advised funds
Help clients understand how previously announced tax changes could come to light
It’s the underlying holdings that are important — not the structure of the investment
Make sure you’re getting the most out of your trades
Dispelling a misconception that has developed over time
Debunking the myth that ETFs cause market instability
Take the time to help your clients become more financially literate. It’s worth it — for you and for them.
Advisors can deliver better outcomes for their clients by getting ahead of their regulatory obligations
Advisors can build trust with clients by explaining fees
How advisors can guard their vulnerable clients from financial exploitation and avoid the risk of regulatory action
Using technology to augment your practice can help strengthen your relationships with clients
Technology solutions can help advisors meet compliance obligations
How embracing technology can help you build stronger client relationships
Demographic changes will dramatically alter advisory practices
Unclear rules could deter registered individuals from actively contributing to their communities
Studies show investors are largely satisfied with the advice they receive
The CSA’s renewed system project is an opportunity for the regulator to innovate
Getting a contact name early can help advisors manage issues before they arise
Stakeholders must continue working together to ensure all Canadians have the tools they need to achieve financial wellness
The vigilant enforcement of professional standards is essential to protect consumers and to maintain the integrity of the financial planning profession
Financial planners need a strong understanding of the behavioural factors that come into play when creating and implementing a financial plan
The FSRA’s regulation of advisor and planner titles could influence policy in other jurisdictions
Financial planners and financial advisors need to understand millennials’ preferences to gain their trust and business
Financial advisors can build deeper connections with clients by using active listening skills
Financial advisors should be aware of how to identify and engage effectively with vulnerable clients
Financial planners and advisors should be aware that the act may go beyond title protection
The insurance industry is taking a page from the mutual fund industry, leveraging technology to address mounting disclosure regulations
AI is slowly making its way into the wealth-management industry and will ultimately transform financial advisors’ role
Blockchain technology may transform financial services just as peer-to-peer file-sharing technology changed the music industry almost 20 years ago
Far from replacing interaction with real people, technology strengthens the financial advisor’s client service
Read and follow your firm’s guidelines on social media use and take the necessary steps to protect yourself
Although it’s costly to upgrade key IT systems, the costs of not doing so could be much greater
Hacktivism, ideological insiders and intelligence gathering are key sources of cyberattacks threating financial services firms
Now is the time to adopt a concerted cloud migration strategy because the security challenges associated with this technology will be on our radar screens…
Advisors and their clients stand to benefit when corporate leaders focus on building socially and environmentally responsible enterprises
A growing base of investors are looking for investments that contribute measurably to environmental and social sustainability
Corporate boards and executive teams that lack gender and cultural diversity risk missing out on opportunities to generate long-term value
You can play an active role in ensuring company executives and directors are working in the best interests of their shareholders
Those still timorous and uncertain about introducing a best interest duty have a duty, themselves, to become decisive
Every company can calculate non-GAAP metrics however they want, so there’s real risk of investors and markets being misled
Overcautious courts are erecting barriers to securities class actions, even though these lawsuits are essential for maintaining the integrity and fairness of our capital markets
Data show that investors routinely receive, or are at risk of receiving, seriously bad disclosure from reporting issuers more than a quarter of the time
Two key issues — the best-interests standard and reform of mutual fund fees — require timely and effective action
FAIR Canada supports exemptions that have the key features of rights offerings or private placements in compliance with the TSXV’s private placement rules
Current regulations assume that an investor’s wealth is a proxy for sophistication. This has to change
Paying fees for financial advice separately from those of financial products would result in price competition and better advice