Wealth Management Solutions

Achieve your financial goals with independent wealth management and advisory services from Edgewater Wealth Management

We provide a wide range of comprehensive strategies to suit your unique needs. Our integrated approach, with a holistic view of your financial goals, offers customized solutions that are transparent, objective, and that you can be confident in.

Find the value of advice.

 

RETIREMENT PLANNING

Be confident in your retirement

Preparing for retirement is vital to ensuring your wealth will last for your lifetime and beyond. Everyone has a different retirement vision, therefore, it is important to decide what lifestyle you want to live in retirement, whether it be travelling the world or centred on home and family. Together, we will review and analyze your future sources of income and projected expenses to determine the most suitable investment approach for you.

No matter when you start saving for retirement, we can help you take the necessary steps to reach your retirement goals. We will help you take advantage of retirement saving tools like, Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs), and Tax-Free Savings Accounts (TFSAs), and learn which option is the best for your retirement needs. Additionally, we will recommend strategies for supplementary retirement income, managing risk and inflation, and minimizing or deferring taxes.

INVESTMENT MANAGEMENT

It pays to work with a professional

We provide rigour and discipline through market cycles and personal milestones to build a portfolio customized to your specific objectives, risk tolerance, liquidity requirements, time horizon, growth expectations and life circumstances. Without guidance, an investor consistently underperforms against every other investment category, narrowly outpacing inflation. As a team, we are committed to improving the probability of your financial success.

At Edgewater Wealth, we realize that your personal and financial situation is constantly changing. That is why we will work with you to determine your needs, establish your goals and set a required rate of return for your desired lifestyle, while continuously monitoring and updating your investments.

Your asset allocation will be based on the objectives we set together to ensure your investments are aligned with your interests, risk tolerance, and tax minimization strategies.

SAVING/RETIREMENT CALCULATOR

Enter an initial deposit and/or monthly deposits to calculate the future savings value.*Based on Monthly Compounding.
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Monthly Deposit
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Provided for illustration purposes only. The Savings/Retirement Calculator results are based on the information you provide and assume that the annual interest rate over the specified years will not change. Actual rates may vary and will affect the maximum Future value.

Results received from these calculators are provided by Digital Agent and are designed for comparative purposes only and accuracy is not guaranteed. Manulife, does not guarantee the accuracy of any information available on this page, and is not responsible for any errors, omissions, or misrepresentations.

TAX PLANNING

Minimize your tax liability

Effective tax planning aims to reduce your tax liabilities, resulting in ongoing savings opportunities and raises your potential for long-term gains. Implementing tax minimization strategies, and abiding by the rules set forth by the CRA, will allow you to keep the maximum amount of the money you earn.

Strategies for reducing your tax liability includes, but are not limited to, trusts, estate planning, business restructuring, tax efficient investments, income splitting, and intergenerational transfers,

EDUCATION PLANNING

The cost of higher education is a major investment 

There are a number of effective ways to save for education costs, one being a Registered Education Savings Plan (RESP). The primary benefits of using an RESP to save for your children's education include access to the Canadian Education Savings Grant (CESG) and the ability to shelter the RESP's growth from taxes until the funds are withdrawn.

Together, we will determine which option best meets your needs, objectives, and time frame by creating an investment strategy to help you reach your education goals. Start saving now to maximize the benefits of long-term growth, reach your goals sooner, and reduce the need to take on loans or other forms of credit.

ESTATE PLANNING

maximize your legacy

Careful estate planning is essential for the smooth transition of your assets to beneficiaries and reducing any undue financial burden on loved ones. Without a will, your assets will be distributed according to a set formula, which varies depending on your province of residence. Take control of the process by creating a will that clearly expresses how you want your estate to be administered, optimizes probate, and delegates a power of attorney.

Estate planning also includes establishing a guardian for living dependents, choosing an executor of your estate, and naming beneficiaries. It may include setting up trusts, scholarships, and endowments for individuals and charities, which could result in tax benefits for your estate. Some strategies will require the involvement of legal professionals, whom we can introduce to you, to better identify and implement solutions to meet your estate planning objectives.