Author: Bloom Investment Counsel, Inc.

Should You Use a Private Wealth Management Firm or a Family Office?

Written by Bloom Investment Counsel, Inc. on August 8, 2022. Posted in Estate Planning. No Comments on Should You Use a Private Wealth Management Firm or a Family Office?

Are you a high-net-worth individual, or one who is responsible for making financial decisions for a high-net-worth family? Are you searching for an all-in-one financial advisory “solution” for financial planning to preserve and build your wealth along with the execution of that solution (not just a financial “plan” alone)? If you have answered yes to these questions, then this article is for you.

For most, the best solution may be found by engaging a private wealth management firm along with trusted specialist referrals as necessary. For some individuals and families, greater intergenerational wealth and planned business transitions lead to increased financial complexities which require more personalization. These individuals and/or families may benefit from a singularly committed family office.

But what differentiates a “Private Wealth Management Firm” from a “Family Office” and which is best for your financial circumstances? Read this article to learn more.

How Does Marriage or Living Common-Law Impact Taxes in Canada?

Written by Bloom Investment Counsel, Inc. on August 2, 2022. Posted in Life Events. No Comments on How Does Marriage or Living Common-Law Impact Taxes in Canada?

If you are recently married or have recently entered into a common-law relationship, understanding potential changes in taxation and tax return filing requirements can be confusing and frustrating. This article is here to provide information on some common taxation related issues for married or common-law couples in Canada. It also lists some tax benefits for married couples in Canada that you may wish to know.

How to Achieve Financial Goals through a Goal-Based Approach to Investing

Written by Bloom Investment Counsel, Inc. on August 2, 2022. Posted in Investing. 2 Comments on How to Achieve Financial Goals through a Goal-Based Approach to Investing

We all have multiple financial goals, both short- and long-term. A goals-based approach to investing can help you stay on track to achieve your financial goals. What is a goals-based approach to investing, how can you achieve your financial objectives through a goals-based approach to investing, and what are the benefits of this approach?

The Ultimate Guide to Dividend Investing

Written by Bloom Investment Counsel, Inc. on July 25, 2022. Posted in Investing. No Comments on The Ultimate Guide to Dividend Investing

Dividend investing can be a great investment strategy to generate a regular stream of income. You can lean on income from dividend-paying stocks to fund your retirement without touching your capital (initial investment).

But if you wait until your retirement to start investing in dividend-paying stocks, you’ll miss the opportunity to reinvest your dividend income today (if cash flow is not desired) to compound your returns for even greater future income that can be used to create generational wealth and fund philanthropic ambitions.

Learn all about dividend investing in this ultimate guide… today!

3 Potential Scams to Avoid When Making Online Charitable Donations

Written by Bloom Investment Counsel, Inc. on July 25, 2022. Posted in Philanthropy. No Comments on 3 Potential Scams to Avoid When Making Online Charitable Donations

You’ve generously decided to make a charitable donation, but then remembered stories of those who have been scammed by fake charities. How do you avoid these scams that try to take advantage of your compassion for those in need? This article describes three potential online charity scams you should watch out for to save you from becoming the next victim!