Nicola Wealth Management

services


Comprehensive Financial Services

Nicola Wealth Management combines all facets of financial management into a unified, custom plan to serve each client’s individual objectives.

  • Investment strategy and diversification, including equities, bonds, mortgages, annuities, income-generating real estate, and other alternative opportunities.
  • In-house portfolio management team.
  • Business consultation, including incorporation, partnerships, mergers, acquisitions, divestitures, as well as financing and debt reorganization.
  • Taxation efficiency.
  • Retirement planning.
  • In-house risk management and actuarial expertise.
  • Insurance and estate planning, including provisions for untimely death, disability, divorce, etc.
  • Charitable foundation design and implementation.
  • Specialized products are developed and implemented to suit our clients' needs and the current environment. Preview a sample of the products and services we offer.


How We Work - A Steadfast Path to Prosperity

Nicola Wealth Management recognizes that each client’s situation is unique. In developing the ideal program to achieve each client’s goals, we work through these stages:

1. Determining Objectives. Helping you identify immediate and long-term goals.

2. Situational Analysis. Providing a clear, objective picture of your current situation and future prospects. This broadly comprehensive review may include:

  • asset allocation, current investments and performance
  • insurance holdings and retirement income projections
  • share structure and tax efficiency within corporations and family trusts
  • sales, mergers and acquisitions; offshore planning; debt reorganization


3. Coordination of Expertise. Meeting with your legal and accounting advisors to develop a fully integrated financial/business strategy.

4. Outlining the Program. Presentation of a program designed to achieve your objectives, based on analysis and research, with specific recommendations for action.

5. Putting the Program to Work. Setting the program in action, through selected financial instruments and arrangements.

6. Keeping in Touch. Your Nicola Wealth Management advisor will meet regularly with you and your professional team to review investment performance. Additionally, you can always access your financial information online, using our secure Client Access website from the convenience of your home. It is important to faciliate adjustments and adapt to changes in circumstances or objectives, as well as inform you of any changes in government policies affecting you.


Thirteen questions to ask yourself:

1. Have you had a comprehensive financial plan prepared or updated within the past five years?

2. Are your investments generating the income you need?

3. Do you know your current asset allocation and your risk tolerance?

4. Do you know the rate of return you’re earning on assets after fees?

5. Are you spending too much time and money on the preparation of investment tax returns?

6. Have you reviewed loans and mortgages to reduce interest costs and make some tax deductible?

7. Have you calculated the additional tax credits an IPP can provide compared to an RRSP?

8. Are your insurance policies up-to-date, competitively priced, and tax effective?

9. Are you income-splitting as effectively as you can to reduce taxes?

10. Are your charitable contributions as tax effective as possible?

11. Have you considered the potential costs of future health care?

12. Do you know how much capital you will require to meet your retirement goals?

13. Do you have a current Will?

If your answer to any of these questions is "no", then a consultation with Nicola Wealth Management is in order. Contact us today to arrange a consultation appointment. Our firm will absorb the cost of this consultation. Remember: the best way to predict the future is to create it.


FINANCIAL REPORTING:

CLEAR. CONCISE. COMPLETE.

We believe our clients should not only know what their investment portfolio consists of but how it is performing. We report to clients their net rate of return each and every quarter. In addition, our fiscal reporting for corporate clients ensures that all relevant tax information is provided to your accountant.

Nicola Wealth Management is a communications leader in the independent financial services sector, providing consolidated reports or rate of return statements that deliver detailed information, including:

  • Total account performance for the year-to-date and since inception.
  • Overall performance relative to benchmarks.
  • Summarized financial data for client and associated entities e.g.: spouse, corporations.
  • Asset allocation graph for the overall portfolio and for each account.

Most of the information mentioned above is also available to our clients online 24/7 via our secure Client Access website.



ACCOUNTING STATEMENTS (FISCAL REPORTING):

We believe our fiscal report to be unique to the investment industry. It provides, in a clear summarized way, the level of detail required for efficient tax reporting.

  • Product level detail of opening and closing ACB (adjusted cost base) figures, market value, and summary of activities.
  • ACB report; transaction detail for all holdings.
  • Distribution report — interest, dividends, foreign income, capital gains, returns on capital — all data required for tax reporting.