Every year, thousands of Canadians make errors when they prepare their income tax returns. These may go unnoticed — or they could result in an unexpected payment or penalty. Play it safe and avoid these common errors.

Are your client conversations doing all they should?

Your ability to provide outstanding, personalized service is limited only by the quality of information you elicit from each client. Therefore, ensuring that you have a well-rounded, honest conversation is critical.

Honesty is the best policy with your financial advisor

Money is a very personal topic that many people find difficult to discuss. One person with whom you have to talk about money is your financial advisor. In order for your advisor to help you to their fullest ability, you need to be 100% honest about your situation.

Full and accurate disclosure

Help your clients invest their TFSAs

After 10 years, more Canadians than ever are tapping into the power of the Tax-Free Savings Account (TFSA).

Yet many people use their TFSA to hold cash or basic interest-bearing accounts. Some might be confused by the name and don’t realize their TFSAs can hold investments. For others, it may be a case of the “park it and forget it” syndrome that afflicts too many RRSP accounts.

What happens to your RRSP when you retire?

Many Canadians spend so many years saving into their RRSPs, they forget to plan for how they will withdraw the money. At the end of the year in which you turn 71 your RRSP matures, and you must move from the accumulation phase to the payout phase, if you haven’t already.

If you’re looking to increase your life insurance sales, make sure you’re following these five important tips, including some you may not have considered.

Life insurance is a topic most people know very little about. That makes it far too easy to buy a policy that’s not a good fit for your needs. Here are three of the most common mistakes people make when choosing life insurance, and how you can avoid them.

Mississauga, Ontario, July 31, 2019 – Carte Wealth Management Inc. (“Carte Wealth”) is pleased to announce that Jackie Porter, CFP was named winner of the Mackenzie Investments Award for ‘Female Trailblazer of the Year’ category in the 2019 Wealth Professionals awards.

Cash flow — the movement of money into your account (your income) and out of your account (your expenses) — is an important and often overlooked part of a financial plan.

Mississauga, Ontario, June , 2019 – Carte Wealth Management Inc. (“Carte Wealth”) is delighted to announce that it was named the top-ranking firm in the Investment Executive (“IE”) Dealer’s Report Card 2019, topping out the list of 10 other firms with an overall score of 8.8.