Drew Wallace Ross
Job title: Financial Planner, Sun Life, CLU®
Languages spoken: English
Accomplishing what is important to you
I believe that the purpose of a financial plan is to find the methods that are best suited to your unique circumstances to help you achieve three basic outcomes: Protect, Grow, Enjoy.
1. Protect what you have. Your ability to earn, the wealth you've worked so hard to build, and the people who matter.
2. Grow what you need. Build savings safely, efficiently and profitably with a clear understanding of what you want your wealth to accomplish
3. Enjoy with CONFIDENCE. The purpose of all planning is spending with certainty now and over time.
We work with individuals and businesses willing to share their objectives and challenges openly.
Our sense of accomplishment comes from solving the obstacles to achieving financial goals. We navigate the obstacles to building and confidently spending wealth using;
- Exhaustive corporate and personal tax planning & mitigation
- Legal concepts for wealth transfer and retention
- Corporate structures for maximizing inceom retention
- Estate and wealth transfer planning
- Real Estate to grow and shelter wealth
- Business succession techniques to defer and reduce tax
...and a wide range of traditional and "outside the box" techniques.
We maintain offices in Kanata, serving Kanata, Ottawa, Orleans, Barrhaven, Stittsville, Arnprior, Renfrew and beyond. We offer both in-person and virtual appointments.
Our process
Financial Advice is highly personal. The most effective route to addressing your objectives there is unique you.
We cannot and will not plot a course without understanding your unique circumstances.
We firmly believe financial products are only tools. Like any tool what matters is how well the product is used.
To determine your path we use the following steps;
Meeting 1: “Where are we going, and why?”
When we begin working together, we take the time to get acquainted with you. We want to understand your specific circumstances, hard data, and unique objectives.
Meeting 2: “Draw the Map”
Preliminary results from first meeting are discussed to get your feedback. Gaps in the data are addressed and we conduct a review of the obstacles, desired outcomes to ensure:
- we have a complete picture of your circumstances, obstacles and expectations, and
- our initial path is heading in the right direction.
Meeting 3: “Chart the Path”
Customized strategies are presented, drawn from the data and your feedback from meeting 2. The rationale and impact of the recommendations are presented in a factual manner, improving your knowledge of how obstacles have been overcome and objectives met.
Meeting 4: "Journey Begins”
Recommendations are implemented based on urgency, impact, and your priorities. To implement any recommendation, it must meet three unwavering criteria: Action must be Needed, Effective and Sustainable
Review Meeting: "Destination Detours, short cuts & progress"
Perhaps the most important step: ensuring accountability and tracking progress. 1 year after journey begins:
- Ensure new threats addressed / opportunities exploited.
- Adjust destination, map and then route accordingly... if an even better way is now possible, time to explore.
Products and services
Browse through the product and services offerings below to learn more. Every financial and protection strategy is different. When we meet, we’ll discuss what might be right for your unique situation. Reach out if you have any questions or are ready to get started.
Health insurance products
Health insurance gives you financial coverage to help pay for health-care needs. This insurance goes above and beyond Canadian health-care coverage.
Life insurance products
Life insurance allows you to protect the people you love by providing your beneficiaries a tax-free cash payment when you die.
Saving and budgeting
Reaching your financial goals starts with a budget and savings plan. Let’s make your money go further.
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BoC delivers half percentage point rate cut, says it now must keep inflation at 2%
"Phishing" is a sophisticated and convincing con using email, text and/or phone calls to defraud people.
Sun Life has been made aware that scammers are leveraging the branding of trusted insurers in phishing attacks.
We are actively investigating, together with Health Canada.
NOTE: Sun Life has NOTstarted to mail welcome packages for the Canadian Dental Care Plan.
Sun Life will NEVER ask for personal or financial information related to this plan. If you have any questions or concerns, Service Canada can be reached at 1-833-537-4342.
Anyone who may have been victim to this fraud should reach out to Service Canada and their bank.
"Phishing" is a sophisticated and convincing con using email, text and/or phone calls to defraud people.
Sun Life has been made aware that scammers are leveraging the branding of trusted insurers in phishing attacks.
We are actively investigating, together with Health Canada.
NOTE: Sun Life has NOTstarted to mail welcome packages for the Canadian Dental Care Plan.
Sun Life will NEVER ask for personal or financial information related to this plan. If you have any questions or concerns, Service Canada can be reached at 1-833-537-4342.
Anyone who may have been victim to this fraud should reach out to Service Canada and their bank.
Annuities never get the recognition they deserve. How to weave them into a plan and use the benefits of an annuity takes an approach dedicated to measuring and valuing the outcomes of planning.
Make no doubt about it, like ANY product annuities have shortcomings that must be planned for and overcome. BUT, every once in a while they are absolutely the PERFECT product to provide the outcomes sought by a client. Despite my own feelings, on dozens of occasions they’ve also been exactly what was needed to help clients sleep soundly during even the most challenging times.
During these volatile times, dozens of clients are enjoying one simple fact about annuities: They provide the HIGHEST GUARANTEED INCOME of traditional investment products.
Other products provide higher income: mutual funds and stocks for example… but as effective as they can be they cannot be guaranteed.
NOTE: "Guaranteed" is a sacred word in finance and means what it is supposed to, no matter WHAT you'll get what we agreed to.
Other products also provide guarantees: Segregated funds, GICs for example… but they provide less actual cash flow than the annuity.
This does not mean you should go buy an annuity to fund your retirement income. It means that, since annuity benefits are directly correlated to interest rates at the time they are implemented, they may be an option to consider as current rates have improved the lifetime yield on annuities..
Over the past 8 weeks, after not positioning annuities for several years due to low interest rates, 4 families have taken advantage of current rates to lock in guaranteed lifetime income using annuities in my practice.
As always, just because you can doesn’t mean you should. Annuities are a great tool, ideal for balancing the need for high income, removing market risk, controlling taxes and removing longevity risk.
However, whether or not one is appropriate (and at what scale and features) depends on your desired outcomes.
If you’ve had enough with volatility AND are looking to create an income stream from your savings, let my team know and we can determine IF taking advantage of current interest rates is in your best “interest”.
Annuities never get the recognition they deserve. How to weave them into a plan and use the benefits of an annuity takes an approach dedicated to measuring and valuing the outcomes of planning.
Make no doubt about it, like ANY product annuities have shortcomings that must be planned for and overcome. BUT, every once in a while they are absolutely the PERFECT product to provide the outcomes sought by a client. Despite my own feelings, on dozens of occasions they’ve also been exactly what was needed to help clients sleep soundly during even the most challenging times.
During these volatile times, dozens of clients are enjoying one simple fact about annuities: They provide the HIGHEST GUARANTEED INCOME of traditional investment products.
Other products provide higher income: mutual funds and stocks for example… but as effective as they can be they cannot be guaranteed.
NOTE: "Guaranteed" is a sacred word in finance and means what it is supposed to, no matter WHAT you'll get what we agreed to.
Other products also provide guarantees: Segregated funds, GICs for example… but they provide less actual cash flow than the annuity.
This does not mean you should go buy an annuity to fund your retirement income. It means that, since annuity benefits are directly correlated to interest rates at the time they are implemented, they may be an option to consider as current rates have improved the lifetime yield on annuities..
Over the past 8 weeks, after not positioning annuities for several years due to low interest rates, 4 families have taken advantage of current rates to lock in guaranteed lifetime income using annuities in my practice.
As always, just because you can doesn’t mean you should. Annuities are a great tool, ideal for balancing the need for high income, removing market risk, controlling taxes and removing longevity risk.
However, whether or not one is appropriate (and at what scale and features) depends on your desired outcomes.
If you’ve had enough with volatility AND are looking to create an income stream from your savings, let my team know and we can determine IF taking advantage of current interest rates is in your best “interest”.