financial advisor (6)

Employment Impact TRA-BSF since 1988

Going through the payroll process this season, I was able to reflect on those lives that we have had an impact on our payroll, for fun I started remembering everyone and expanded the list to include other relevant parties. Over time people change, companies change, life accumulates. ~ TLR

 Employee's & SubContractors  39 since 1988

Tammy, Heather, Megan, Michael, Katina, April, Adonica, Leigh, Mikayla ,Dean, Rebecca, Tina, Melanie, Sue, Cassandra, Cody, Andrew, Rodger, Neil, Brandon ,Leonard, Charly, Lisa, Stepheny, Tim, Peter, Mike, Don, Isaiah, Stan, Bob, Geo, Ron, Natasha, Douglas, Luke, Derek, Alex, Wayne, Brenda

Investment Dealers

Professional Investments, Peak Investment Services

Insurance Dealers

Professional Insurance, Cartier Partners, Financial Horizons

Insurance Companies

Ivari(Transamerica) Manulife (Commercial Union), Empire Life, Canada Protection Plan (Forestors), Canada Life, Equitable Life, Standard Life, Travellers, Best Doctors, RBC

Branch Offices

Professional Investments Belleville, Brockville,  Nav Group Trenton

Investment Companies

Invesco ( Trimark, AIM), NEI ( North West, Oceanrock, Meritas ), CI, Tempelton, Vengrowth, Covington, Tricycle, Standard Life, AIC, Manulife, Sprott, Mackenzie, RBC, Dynamic, Criterion, Medical Discovery, Bridgehouse, Empire Life, ING, Fidelity, Growth Works, AGF, Mineral Fields, Sprott, O'Leary, Elliott & Page, Gaurdian, First Ontario, Clarington, Triax, Talvest

Tax Collection Agencies, Canada Revenue Agency, Her Majesty The Queen as Represented by the Minister of National Revenue,  Uncle Sam for the United States of America 

Regulatory Bodies

FISCO,MFDA,OSC (Ontario,BC,NB) , CRA

Professional & Community Organizations

RIA,Advois,IFB,BCOC,BCC,ACC,CFIB,CAIFA,CFIB,Kiwanis,Rotary,CSA,CARP,CC,EFILE-AC,GBAS,BAFB,PPC,CPC,NB,BHS,FF,4-H,BIC-1862,

 

Reflecting on all of this, I am reminded of the beauty of business quote that I penned many years ago. I will post that below these guiding principals.

 4-H teaches us to, "Learn To Do By Doing", with your Head, Heart, Health, and Hands

 

The Mountain teaches and demands  "One Step At A Time"

 

Business embraced "Where Client Goals Become Our Goals"

 

Investments reminds us to be the "Guardians of Your Family's Wealth"

 

Nick Murray taught and reminded us of the Mission, "Helping Families Achieve Major Goals" , the rest is commentary

 

Our Vision was to provide "Omega Stewardship" , the People and our Core Values made that possible

 

Business evolved into "The Family Office"

 

Brock Shores Financial focused us on "Improving Futures"

 

Covid reminded us "Your Advisor Cares"

 

Timothy L. Ross, Family Advisor, since 1988, CEO, Founder Brock Shores Financial , Timothy Ross & Associates

Chief Weekend Warrior for every other crazy thing I do!

 "The beauty of being in business is that your business engages all aspects of your mind, I think that is why you become successful, business challenges you to be more than you are, and that is where the miracle takes place." Timothy Ross, May 2004

I like Winston Churchill, he had the incredible ability to move the English language into action. My mentor Jim Rohn, say's , "Don't be afraid to borrow if someone else has said it well. Winston Churchill said, "The truth is incontrovertible. Malice may attack it and ignorance may deride it, but in the end, there it is." That's so well said. You could stay up all night and not think of that. "

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In case your compliance cruising, full stop, see, read, digest disclosure  

https://improvingfutures.ning.com/blog/peak-dealership-representative-disclosure

READ THE FINE PRINT

Member of the Ship's Company , Bytowne Brigantine's Tall Ship Sail Training Program Adventures

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Legacy Evolution Hot Links

 
LEGACY: Evolution of Estate Planning
Virtual Summit Series

 

November 18, 2020 – My Legacy: Envision, Build, Communicate and Live Your Best Legacy

 

A. Director, Legacy at Toronto Foundation https://torontofoundation.ca/

B.  Everyday Legacy: Lessons For Living With Purpose, Right Now.

 https://www.everydaylegacy.com/livingyoureverydaylegacy:findingpurposeevenintimesofuncertainty

 

Your Tool For Clear And Intentional Generosity   https://thesignatry.com/

DON’T LET FAMILY STORIES BE LOST AND FORGOTTEN  https://paragonroad.com/   

This is a great download   https://paragonroad.com/5stories/

 


November 25, 2020 - Business Legacy: Creating A Responsible Legacy
 
 December 2, 2020 – Your Evolving Legacy: Honoring and Protecting the Wisdom of Your Legacy
 
December 9, 2020 – Boomer to Zoomer Legacy: Legacy Excellence for All of Life’s Stages
 
 December 16, 2020 – Barrier Free Legacy: Legacy Planning for People with a Disabilit

 

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Calculator Tools - Check The Math

PEAK Disclosure - Click to Check

 

https://improvingfutures.ning.com/blog/peak-dealership-representative-disclosure

 

Many of our Portfolio Partners have calculators on their website. We have some on ours as well that you can check out at http://www.timothyross.com , click on Advisor Tools

“The difference between the poet and the mathematician is that the poet tries to get his head into the heavens while the mathematician tries to get the heavens into his head.” ― G.K. Chesterton

https://www.mackenzieinvestments.com/en/investor-education/investor-tools

RETIREMENT PLANNING

RRSP Calculator
Calculate how much you will need to save between now and the day you retire.

RRSP Illustrator
Get a personalized assessment of the tax benefits you gain by investing in your RRSP.

RRSP Loan Planner
Find out how an RRSP loan could help boost your income at retirement.

RIF/LIF Illustrator
Find out how much income your Registered Savings plan will generate in retirement.

Registered/Non-Registered Comparison
Weigh the benefits of registered versus non-registered growth.

 INVESTMENT & SAVINGS

Advantage of Early Investing
Learn the importance of investing early and on a regular basis.

Investment & Regular Deposit
See how your one time investment or regular deposit program will grow over the years.

Investment & Regular Withdrawal
Calculate the regular income stream generated by your non-registered investment.

RESP 

RESP Calculator
Discover how much your money can grow in an RESP and how much you will need to save for your children's education.

MORGAGE & LENDING

Mortgage Qualifier
Use this calculator to find out how much you could qualify for and what your monthly payments would be.

Mortgage and Loan Amortization Scheduler
This easy to use tool provides a detailed payment schedule for your mortgage or loan.

Debt Consolidator
This calculator can show you how much you might save by consolidating your debt at a lower interest rate.

PERSONAL FINANCE

Household Cash Flow Statement
The first step in building a wise financial plan is determining your family's income and expenses.

Net Worth Statement
Complete your personal financial picture by pinpointing your personal assets and liabilities. 

 

BUYING A HOUSE or PROPERTY, this is a pretty good calculator, it covers a lot of math that will become part of the processing of getting a home or rental. 

https://www.ratehub.ca/mortgage-payment-calculator

 

“Solving a problem for which you know there’s an answer is like climbing a mountain with a guide, along a trail someone else has laid. In mathematics, the truth is somewhere out there in a place no one knows, beyond all the beaten paths. And it’s not always at the top of the mountain. It might be in a crack on the smoothest cliff or somewhere deep in the valley.” ― Yoko Ogawa, The Housekeeper and the Professor

Looks like this would be an interesting read https://www.goodreads.com/book/show/3181564-the-housekeeper-and-the-professor

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Global Retirement Attitudes

https://www.visualcapitalist.com/global-attitudes-towards-retirement/

 

interesting chart . Looks like most are not prepared and will have to work into retirement.  

 

Call us either way, we can help you keep on track, set some goals, and maybe help you dream and implement some tax smart strategies and give you some peace of mind.

 

Let’s make sure your making the right turns and are on track.  

No need to do this alone, we got you covered while you explore your life, the worlds gotten smaller. 

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The Beginning of the Story

 

This discussion has been going on since I started serving customers and clients in this field of service. I like the proposals that my professional organization Advocis has recommended. They are common sense proposals and I know that they have put a lot of thought and work into the recommendations. They represent the advisor who wants the best for his or her customers and clients. 

 

Advocis was the result of two groups that I belonged to merged a number of years ago. I belong to a few organizations and Advocis really focuses on lobbying the government to listen to the folks actually doing the job. The way many decisions are made and many proposals are made by past governments and regulators often excludes the advisors , kinda weird if you think about it. The way it is,  we are starting to see some changes to this with the current government in my province. I don’t want to write a big long option on that, but a Saturday morning reflection , reminiscing of my own journey as it relates to this matter at hand.  

 

I shared a post from a pastor who knows the heart aches of having a family member with Alzheimer’s and it had some recommendations for language choices .  Remember vs Reminiscing, Reminiscing is the better approach .  Thank goodness my phone has spelling recommendations, Reminiscing is a word I struggle to spell correctly. Yet here I did it and I learned to adapt and move on with the aid of the tools provided. I did not have this tool when I first started. It was called a dictionary and I still have mine from public school Euphemia Township. I remember my grade one teachers name. Mrs Johnson or was it Johnston ? I do not remember what she looks like, I just remember her name and that feeling, I must of liked her. I wonder if they still let you bring a mat to school and have a nap on the floor a couple times during the day ? 

 

Now The years keep marching on, I remember when I first  started with Professional Investments , my dealer , my intermediary that held  my license and gave guidance in what where good choices to invest in, and who made sure the paperwork was done properly. I believe my business stock card from the dealer said  Sales Representative . It was not long that with my background in tax and accounting and under the guidance of my quasi branch manager / mentor Elaine Gray ( poor lady passed away much too young) and 

My new zeal for the industry I looked at the card as a way of distinguishing myself in the financial services industry and Independent Financial Advisor became card number two. This is going back to 1993 , over 25 years now.since I studied and qualified for my Mutual Fund licence and subsequent Life & Accident Sickness License being sponsored by Great West Life at that time for the Life License. 

 

After quite a few years, think about 5 years If memory services me, there was a decisions made, promoted by the regulators, OSC or perhaps it was when the MFDA got rolling, in the firm to change every one back to Sales Representatives, and discontinue the use of Independent , I think Financial Advisor was still ok. But the talk was not for long, only way to say you where a financial advisor was if you studied and achieved the CFP designation. However the writing was on the wall sort of speaking. 

 

I always was ( and still do) giving a lot of thought to branding and trying to figure my Why. Why am I doing this business?  for Whom ( that was a given in that it could be for everyone, yet specializing, niche markets are the buzz words of the day and still are, and not just my industry. The What and the How . 

 

“Where Client Goals Become Our Goals”

 

That was my first official Vision and Mission statement. I would often call that my tag line, yet it represented the vision, mission and core values of what I was doing and want to do for my customers and clients.  We write it on everything, letters, cards, magnets, spoke about , seriously got those words out there. It made more sense to me to share with prospective customers and clients and advocates what we did and how it could benefit them than engage in the discussions about what my title was. 

 

I see that the title about what I am is still being debated like it will make you a better choice in a crowded marketplace with more choice than ever before, the choice is literally insane. 

 

Now what on earth are you trying to share about Timothy ? Here is the link , 

 

Survey results underscore the need for title protection for financial advisors | Investment Executive

 

https://www.investmentexecutive.com/news/industry-news/survey-results-underscore-the-need-for-title-protection-for-financial-advisors/

As the famous and legendary fellow, would always say “Now for the rest of the story “. What was his name, do you remember ?  I will post my favourites once done writing.
 
 
 
Now for the rest of the story.
 
I decided that I did not want to get in this title game and the challenges of regulations, so I made my own .  Simple and practical, and actually better describes my who and what I do with two words. 
 
Family Advisor ®
 
And the rest is history, and another story. 
 


Thank you
Tim Ross, Family Advisor ®
Family Office providing Omega Stewardship ®
Www.BrockShoresFinancial.ca
613-345-0016 Office
613-213-4625 Cell/Text  advisor@timothyross.com

Helping Families Achieve ...Life’s Major Goals ®

OMEGA STEWARDSHIP  ®
* One Stop Process Driven Approach for Retirement & Income Planning
* Personalized Tax Management Solutions for Individuals & Business Owners
* Confidential Wealth Management Solutions

Mutual Funds through Professional Investments

Brock Shores Financial
#ImprovingFutures
 
 
 If you want to get reminded of your Why, I encourage you to connect with Gary , his Kick Ass presentations are inspirational 
 
 
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