iA Securities & HollisWealth* are now iA Private Wealth

We are excited to introduce our new company name, iA Private Wealth. The new name is designed to better reflect the essence of what our advisors do – provide holistic wealth management solutions tailored to the unique needs and goals of investors across Canada.

Please take a few moments to browse our newly redesigned and updated website to learn about the many benefits of working with an iA Private Wealth Investment Advisor.

*Refers solely to the Investment Industry Regulatory Organization of Canada licensed advisors within HollisWealth.

Your Wealth, Our Passion

Building, growing and preserving wealth takes planning and a comprehensive, holistic vision. When you work with an iA Private Wealth Investment Advisor, you have a trusted partner who is fully dedicated to your success at every stage of your lifelong financial journey.

Holistic planning for every facet of your life

We believe comprehensive personal wealth planning, supported by unbiased advice, collaboration and transparency, is the key to meeting your needs and helping you achieve your goals. Our advisors focus on six main priorities to create a plan that’s tailored to you:

Investing

A proven wealth management philosophy is one that takes emotion out of the equation and relies on a disciplined, long-term approach. Your objectives, risk tolerance, return expectations and time horizon will be the key factors your Investment Advisor takes into account in designing a plan that can help meet your retirement and other goals.

Saving & borrowing

Your Investment Advisor will help you set and achieve saving goals aligned with your needs and objectives, and develop a borrowing and debt management strategy for your unique circumstances.

Education planning

Whether you’re looking to fund a child’s education or returning to school to upgrade your credentials, your Investment Advisor can help you understand your options and maximize the value of a Registered Education Savings Plan (RESP).

Tax planning

Your Investment Advisor will conduct a thorough assessment of your circumstances to determine the most tax-efficient way of building your portfolio.

Risk management

Your Investment Advisor will develop a risk management plan that addresses the full range of factors that could affect your financial well‑being.

Will & estate planning

To plan for the preservation and transfer of your assets, your Investment Advisor can help you keep an eye on the horizon by understanding your situation and wishes, including tax-efficient legacy planning.

Latest insights

Video

Weekly Macro & Market Update

Video duration 7:38

By iA Private Wealth, December 2, 2022

Tune in weekly for insight and perspective on the macro and market landscape with iA Investment Management chief strategist and senior economist Sébastien Mc Mahon.

Watch Sébastien’s previous weekly updates on YouTube.

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Maximize Your Charitable Giving

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By iA Private Wealth, November 30, 2022

The holiday season is an especially important time for charities. Many organizations report that about 40% of their annual donations occur in November and December. While volunteering and making cash donations are two popular ways to give back, there are other ways to incorporate charitable giving into your overall wealth plan. An Investment Advisor can help you and your family support the causes that are meaningful to you while also providing significant tax-saving benefits. Let’s take a brief look at some of the options to maximize your charitable giving efforts.

1. Donor-Advised Funds

Setting up your own foundation and maintaining it can be costly and administratively intensive. This is why community foundations and some asset managers outsource these functions through donor-advised funds (DAFs).

With DAFs, you make a significant donation and immediately claim the tax credit in the same year but can defer disbursing the funds until another year (or years). This provides flexibility to accommodate your overall philanthropic strategy, and once you provide your instructions to the organization, they’ll take care of all future disbursements and administrative tasks.

2. In-Kind Stock Donations

Donating cash to charity is good but donating publicly listed stocks (or other qualified securities, such as mutual funds, exchange-traded funds, and bonds) that have gained in value is even better. That’s because donations of publicly traded securities are exempt in Canada from the capital gains tax that would otherwise apply when selling securities at a profit.

Consider this example. Years ago, you purchased 1,000 shares of a stock at $20 per share, and the per-share value has risen to $50, which means you gained $30,000. You could sell these shares and donate the proceeds to a registered charity, but you’ll face capital gains tax. Assuming capital gains tax on 50% of your gain, $15,000 is taxable at your marginal tax rate, leaving less money from the stock sale available to charity. However, when making an in-kind stock donation, the gain isn’t subject to capital gains tax, which means the charity can access the full $50,000 and you receive a donation tax credit for the same amount.

3. Flow-through Share Donation

Flow-through shares are specially designated shares of companies engaged in mining and energy-related industries. The Canadian government offers tax incentives to promote support of these industries by allowing investors to deduct from their income certain exploration and development expenses incurred by the companies. While this incentive reduces taxable income, any sale of flow-through shares will trigger capital gains equalling the sale proceeds (i.e., the entire amount is considered a capital gain).

However, gifting shares to a registered Canadian charity as a Flow-Through Share Donation (FTSD), in accordance with Canada Revenue Agency tax rules, may meaningfully lower your after-tax donation. You register this donation as a tax shelter and, through a number of prescribed transactions – too complex to detail in this article – you can make a large share donation that will only cost you a fraction of the amount (typically between 5% to 15% of the donation value). You must be an accredited investor to qualify for FTSD, so ask your Investment Advisor and tax professional if this strategy is right for you.

4. Life Insurance

Another tax-efficient method of supporting charities is through a life insurance policy. You may wish to consider donating your policy now or in the future. To do it now, simply name the chosen charitable organization as beneficiary and owner of your existing policy. You’ll receive a donation tax receipt for the policy’s cash surrender value. You’ll need to deduct any loan amount outstanding on your policy, but to help offset that, your tax receipt amount can include dividends or interest accumulated in the policy.

To make your charitable gift later, you remain the policy owner and pay all policy premiums. The charity is named as the beneficiary and the death benefit they receive won’t be subject to probate taxes because it will be paid outside your estate. When the policy proceeds are paid to your chosen charity after you die, the donation tax credit in your name can be used to lower the tax obligation on your terminal income tax return.

We can help you incorporate charitable giving into your overall wealth plan, so contact us today.

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Tighten the Reins on Holiday Spending

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By iA Private Wealth, November 25, 2022

In a typical year, holiday season can strain your finances if you don’t spend carefully. This year, as inflation and higher interest rates have raised the cost of living, you might face even greater financial challenges.

To avoid the “January blues” (when bills arrive and people realize how much holiday-related debt they’ve accumulated), here are five tips to help budget for the season. You may be familiar with some of these tips, but it doesn’t hurt to reinforce them as everyone tries to control holiday spending.

Tip #1: Create a holiday budget

For most large expenses, start with a budget in mind. With all the events and gift giving that occurs in December (hosting meals, dining out, drinks with friends, etc.), it can be difficult to know exactly how much you’ll spend. This budgeting guide will help you plan ahead by estimating the cost for holiday gifts and activities.

Tip #2: Open a holiday savings account

It may be easier to track your expenses if you open a separate account specifically for holiday spending. This way you can see all your spending in one place. If you set aside savings all year round, it may be advantageous to open a High Interest Savings Account (HISA). You’ll be able to earn monthly interest on your balance, helping you grow your holiday funds all year long.

Tip #3: Think outside the gift box

Supporting causes that are important to you and your family can be a meaningful and fulfilling way to re-think your gift giving this holiday season. There are several ways to give back to the community while sharing this experience with others. In lieu of a gift, you can make a donation on someone’s behalf, bring loved ones to a donation drive and help out together, and even start your own family charitable fund.

Tip #4: Research debt options

It is easy to overspend on your credit card during the holidays and simply pay the minimum balance every month. However, credit card interest rates are among the highest rates available. There are many other options for borrowing money that will cost you less in re-payments. A little research into various debt options through financial institutions can go a long way if you think you may need to borrow funds this season. After the holidays, keep on top of your bills and pay off as much of the balance as you can each month. It will reduce your total interest paid and give you a sense of accomplishment for (hopefully) staying disciplined and managing your finances well over the holiday season.

Tip #5: Enjoy this time with your loved ones

The planning, expenses and flurry of the holidays can be stressful. Don’t forget that this is a time to enjoy yourself and the company of your friends and family. When it’s all over, you’re likely to remember the people you spent time with the most, while everything else will fade into the background. And the best part? That’s free!

Happy Holidays from iA Private Wealth!

Contact us today to learn more about how to manage your finances through disciplined planning, saving and spending.

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A career at iA Private Wealth

Looking for a rewarding career in financial services? We have a wide range of opportunities for talented, committed professionals, and offer attractive compensation and benefits.

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Investment Advisor opportunities

More and more advisors are looking to iA Private Wealth as the partner of choice for building and growing an independently owned and operated business with an unwavering focus on client success.

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