What We Help Clients Navigate
Many Alberta professionals and business owners reach a point where their financial picture has grown more complex than any one conversation has ever covered. A pension here, registered accounts there, a corporation, insurance bought years ago, and a growing list of decisions that keep getting deferred. We work with people at that stage — helping organize the pieces that matter most, review what may be missing, and move forward with more clarity and confidence.
- Investment guidance - Registered accounts, pensions, and non-registered assets reviewed with your full picture in mind.
- Business protection - Coverage designed for incorporated professionals and business owners in Alberta who carry real financial risk.
- Succession considerations - Helping business owners think through what happens when ownership or leadership changes.
- Retirement income - Structuring how your assets will support you when the income from work eventually slows or stops.
- Estate considerations - Ensuring what you've built gets passed on the way you intend, with fewer surprises for the people you leave it to.
- Insurance coordination - Reviewing existing coverage and identifying gaps before a life or business change makes them costly.
- Tax-efficient structure - Working alongside your accountant to make sure how you hold and move money is as efficient as possible.
- Guidance through major transitions - Severance, incorporation, business sale, promotion, or any moment that changes your financial picture significantly.
Services
Business protection & planning
A business plan should adapt as your business moves through its stages. Let’s protect your hard work.
Estate & Financial planning services
Lifetime financial security. Let’s create a plan that will help take care of everything when you no longer can.
Business owners
Spend more time running your business and less time worrying about your business. A strong strategy can get you there.
Business owner insurance
Whether you’re starting out or looking for ways to grow your business, business owner insurance can help you protect yourself, your partners and employees and your family.
Business Savings
The needs of small businesses are as unique as the people running them. That’s why we’ve created a variety of savings plans with the features that matter most to businesses.
RRSPs for Business Owners
Your business may produce surplus above what is needed for your business or personal lifestyle. You can either retain in the corporation or remove and invest personally. Maximizing your RRSPs makes sense for most business owners given a sufficient time horizon.
TFSAs for Business Owners
Your corporation may produce surplus above what is needed for your business or personal lifestyle. If you want to save the surplus for future use TFSA’s may be a good solution, depending on your time horizon and current and future tax brackets.
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.
Whole life insurance
A type of permanent life insurance that gives your beneficiaries a tax-free payment after you die (called a death benefit). Your beneficiaries can use the money from the death benefit any way they want.
While some life insurance plans offer coverage for a specific amount of time, whole life insurance has no time limit because it covers you throughout your life. So you don’t have to worry about your coverage expiring or renewing your policy.
While some life insurance plans offer coverage for a specific amount of time, whole life insurance has no time limit because it covers you throughout your life. So you don’t have to worry about your coverage expiring or renewing your policy.
Participating life insurance
Participating life insurance (also called par insurance) is a contract that offers three important features: lifetime insurance, cash-value growth and a chance to earn policy dividends.
Term life insurance
An affordable life insurance policy that gives you financial protection for a certain period of time. If you die while your policy is still active, then your beneficiaries receive a lump-sum, tax-free payment (called the death benefit). They can use this money any way they please.
Permanent Life Insurance
A type of life insurance policy that provides you with lifelong coverage to protect your loved ones. This coverage never expires, no matter your age or if your health changes. Permanent life insurance provides a death benefit, which is a tax-free payment your beneficiaries will get after you die.
Universal life insurance
The most flexible types of permanent life insurance for Canadian residents.
It offers key financial planning features such as lifelong protection that never expires and opportunities for tax-preferred savings growth.
It offers key financial planning features such as lifelong protection that never expires and opportunities for tax-preferred savings growth.
Saving, budgeting and investing
Reaching your financial goals starts with a budget and savings plan. Let’s make your money go further.
RRIF (Registered retirement income fund)
An investment account that pays you income during retirement. You can transfer tax-sheltered funds from registered Canadian accounts such as RRSPs, registered pension plans and other RRIFs into a RRIF.
LIF (Life income fund)
A registered account designed to pay you income from your locked-in pension assets. These assets can’t be taken out all at once, since a LIF is meant to provide retirement income throughout your life.
RRSP (Registered retirement savings plan)
A type of savings account specially designed to help Canadians save for their retirement.
It comes with tax advantages that let you save and grow your money now, while deducting your RRSP contributions from your current tax bill.
It comes with tax advantages that let you save and grow your money now, while deducting your RRSP contributions from your current tax bill.
TFSA (Tax-free savings account)
A tax-free savings account (TFSA) is a registered investment account that’s designed to help Canadians save money.
Any income earned within a TFSA, including interest, dividends and capital gains is tax-free.
Any income earned within a TFSA, including interest, dividends and capital gains is tax-free.
RESPs (Registered education savings plan)†
A tax-deferred account to help you save for a child’s or grandchild’s post-secondary education. Anyone can open a RESP and contribute money at any time, up to a lifetime total of $50,000 per child. Contributions aren’t tax deductible, but any investment income earned within the plan will be taxed only when it’s withdrawn.
GICs (Guaranteed investment product)**
Designed for people who want to protect their principal and earn a guaranteed rate of return.
Because of their many features, guaranteed interest products are an important component of both registered and non-registered savings plans – as well as retirement income plans.
Because of their many features, guaranteed interest products are an important component of both registered and non-registered savings plans – as well as retirement income plans.
Mutual funds†
A mutual fund is a pool of money and investments (e.g. stocks, bonds and other types of investments) that are managed by a professional fund manager.
Segregated funds
Segregated fund contracts are a popular investment option, available only from life insurance companies. Similar to mutual funds, segregated funds are large pools of money invested in stocks, bonds or other securities. These contracts have higher fees than mutual funds because they also offer guarantees and some of the additional benefits of a life insurance contract.
LIRA (Locked-in retirement account)
A registered account designed to hold and invest pension assets that you and your former employers contributed to. Investments within the LIRA grow tax-deferred – this means you won’t have to pay taxes on investment growth until you withdraw funds.
FHSA (First Home Savings Account)
The Tax-Free First Home Savings Account (FHSA) is a registered investment account that allows Canadian residents to save for their first home purchase.
†Mutual funds distributed through Sun Life Financial Investment Services (Canada) Inc.
**Sun Life Financial Trust Inc. is the issuer of Sun GIC Max and Guaranteed Investment Certificates. Sun Life Financial Trust Inc. is a member of Canada Deposit Insurance Corporation (CDIC). An Insurance GIC is an accumulation annuity issued by Sun Life Assurance Company of Canada.
Have questions?
Here to help answer your questions, provide clarity about products and get you started on the road to achieving your goals.