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Reduce Your Family’s Tax Bill In Canada Using These 3 Income-Splitting Strategies

While Canadians file and pay taxes as individuals, opportunities exist to reduce your overall household tax bill. You can help reduce your family’s taxes in Canada using these 3 income-splitting strategies.

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The Informed Philanthropic Advisor: Helping Your Client Start a Charity

discussing philanthropic visions with a client

We know you’re the seasoned specialist when it comes to advising your clients on a range of financial and legal topics, but as we’ve discovered over the course of our The Informed Philanthropic Advisor series, the philanthropic landscape is anything but simple. 

That’s why Bloom Investment Counsel, Inc. has put pen to paper in this new informative series to ensure you can become the best possible partner to your clients when it comes to navigating the often challenging (but very rewarding!) charitable sector.

So you’ve done the legwork—what’s next? If you’ve been following along for the entire series, you know that after you’ve had the often tricky conversation about philanthropy, assisted your client in identifying an organization that aligns with their values, and helped them research to ensure the organization is legitimate, there is still lots of work to be done to properly form and execute the plan. But what if your client is looking to expand their horizons by starting their own charitable endeavour? 

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Model Portfolios—Are They Right For You?

three people talking over a laptop

Looking for an investing service to manage your investments for you? If you are in the process of selecting an investment manager, the proliferation of providers requires careful navigation.

Assets in model portfolios have been rising fast in recent years, reflecting many investment managers’ and advisers’ growing interest in seeking quick and convenient ways to invest clients’ money. At the end of the day, who do these pre-built investment portfolios really benefit?

In this comprehensive yet easy-to-follow guide, we illustrate what a model portfolio is by using an everyday analogy, and take you “behind industry scenes” to understand their surge in popularity, so that you can understand what they really are before signing investment management documents for your advised investment solution.

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The Informed Philanthropic Advisor: Three Red Flags to Watch for to Ensure a Charity’s Legitimacy

yellow caution sign

You’ve made it to the third edition of The Informed Philanthropic Advisor! We know you’re the seasoned expert when it comes to counseling your clients on their financial and estate matters, and if you’ve been following along in this series, by now you’re well on your way to becoming a knowledgeable and skilled professional when it comes to advising on all things philanthropy.

So—you’ve had the conversation about charitable giving with your clients, and you’ve helped them to unearth and identify some causes they feel a deep connection to. What’s next? It’s time to start selecting specific organizations!

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