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David Allard

Where does the money go?

Sep 3, 2015 / 5:00 am

One of the major components of business relationships that involve money are the fees in the investment industry. There is currently a quiet battle being waged between the practitioners who charge their clients a commission on each transaction they make on their behalf and those who charge annual...

Begin with the end in mind

Aug 20, 2015 / 5:00 am

We humans love our dates: birthdays, anniversaries, 9/11, the Ides of March - our lives are intimately woven within the tapestry of the calendar. So it should come as no surprise when you ask a business owner when they’re planning to retire, they can usually narrow it down to some kind of...

The real fountain of youth

Aug 13, 2015 / 5:00 am

One of the beliefs I have regarding retirement is that it’s about more than money. That isn’t to ignore the benefits a well-funded retirement will deliver, it’s just acknowledging that a successful third stage of life is made up of other factors as well. Personal health and...

Taking care of business

Jul 23, 2015 / 5:00 am

Retirement as a goal has changed a lot over the years. There was a time, it was the only goal. You’d punch the clock and count the years until you could stop punching that timecard. For most folks, it meant the beginning of a corporate pension and the start of government benefits. It was...

No news is good news

Jul 16, 2015 / 5:00 am

As our world grows smaller, the number of options we have available to us grows. The global market has connected us to events that in past years would often be buried in the back pages of the newspaper, but today are front and center. Nowhere has this become more evident than in the stock and...

Small business ownership

Jul 9, 2015 / 5:00 am

If you are a small business owner, you may want to consider the transfer of your business at retirement. Many factors such as tax will come into play when a business is transferred and it is very important that you have a plan in place to ensure that the business is transferred to whom you want in...

TFSA strategies

Jun 25, 2015 / 5:00 am

The federal government has increased the annual contribution limit of Tax-Free Savings Accounts (TFSA) to $10,000. Going forward, the annual limit will no longer be indexed to inflation. Canada Revenue Agency (CRA) recognizes these changes as effective January 1, 2015 meaning financial institutions...

Empty nesting: your home

Jun 11, 2015 / 5:00 am

An important consideration when the children have left is whether you are going to change your residential arrangements. We’re all familiar with the term ‘empty nesters’ and you may be thinking that the ‘nest’ is too large for one or two of you. Various options are...

Live long and prosper

Jun 4, 2015 / 5:00 am

Much can be said about Baby Boomers, but one irrefutable fact sums up this group—everything they embrace, changes. Whether it’s disposable diapers, mini-vans or portable music; the sheer number of people within this demographic make it foolhardy and financially reckless to...

What's a robo-advisor?

May 28, 2015 / 5:00 am

It can only be attributable to human error. -Hal, 2001: A Space Odyssey For most of us who are within thinking distance of retirement, the term “robo” conjures up images of the B9 Robot on Lost in Space or Robby from the Forbidden Planet. That isn’t to say it’s...

Do or do not

May 21, 2015 / 5:00 am

“The optimist sees the rose and not its thorns; the pessimist stares at the thorns, oblivious of the rose.” - Kahlil Gibran Good planning is all about managing change. If we could depend upon our expectations of the future 100% of the time, there would be little need for...

Death of a sales commission

May 14, 2015 / 5:00 am

In New York City in 1792, twenty-four brokers met under a buttonwood tree on Wall Street. They agreed to buy and sell public stock with each other using a basic commission rate of 0.25%. This was the birth of the Buttonwood Agreement and ultimately the New York Stock Exchange. Since then the...

The other side of retirement

May 7, 2015 / 5:00 am

The golden years - the time we get to leave work life and office politics behind. From Freedom 55 to The Wealthy Barber, much has been said about financial strategies on the road to retirement. It’s something we’re taught to work towards our entire life: save your money, pay yourself...

The rules are changing

Apr 30, 2015 / 5:00 am

In recent years, a number of countries, including England, Australia and the United States, have changed the regulatory framework that governs their financial institutions. Included have been changes to formalize client communications and create greater transparency in fees. While industry is...

What's your score?

Apr 23, 2015 / 5:00 am

There was a time when we would sit down with nothing more than a sheet of paper and a sharp pencil to do the math. Totalling our expenses and subtracting our revenue, the amount left over was the answer to the question, “Can I retire now?” While the basic calculations haven’t...

Living with Plan B

Apr 16, 2015 / 5:00 am

“It does not do to leave a live dragon out of your calculations, if you live near him.” ― J.R.R. Tolkien, The Hobbit Human beings are optimists by nature. Whether we are talking about our ability to drive, the state of our physical health or our outlook for the future, our...

Do I have to file tax return?

Apr 9, 2015 / 5:00 am

Personal Tax Return Filings Many people assume that they don’t have to file a personal tax return because they don’t have a balance owing. This isn’t the best rule of thumb to follow. Filing is mandatory in the following situations: There are self-employment earnings that...

Retiring with purpose

Apr 2, 2015 / 5:00 am

Our lives are always guided by purpose. We may not think we have a grand design working in them, but the fact is, we are always moving with intent. Whether it’s to have more money so we worry less or do more, or we stay active to prolong our health or improve our looks, there is always a...

CRA Notice of Assessment

Mar 26, 2015 / 5:00 am

Many Canadians rush to file their taxes on time each year and don’t think about it until the next year. One of the most overlooked notices received from the CRA annually is the annual Notice of Assessment. This notice is very important as it summarizes some of the important information from...

Choosing life

Mar 19, 2015 / 5:00 am

In retirement planning, taking care of basic needs questions come first: will there be enough money for you to stop working; can you maintain your lifestyle when the pay cheques stop; what about the unknown future costs: healthcare, transportation and accommodations? For most retirees in Canada...

About the Author

Jeff Stathopulos, CIM, CFP, Portfolio Manager

After two decades in the financial services industry, Jeff's experience as an advisor and branch manager define his approach to providing customized financial planning, estate planning, and managed income solutions. Key to this approach is a thorough understanding of the unique challenges and goals that exist in every client's life. He is a partner in Navigation Wealth Management.

Jeff holds the Certified Financial Planning and Chartered Investment Manager designations. He lives in Kelowna with his wife Tanya, and their two (almost adult) enterprising children.


You can contact Jeff by email at [email protected]



The views expressed are strictly those of the author and not necessarily those of Castanet. Castanet presents its columns "as is" and does not warrant the contents.

These articles are for information purposes only. It is recommended that individuals consult with a financial advisor before acting on any information contained in this article. The opinions stated are not necessarily those of Scotia Capital Inc. or The Bank of Nova Scotia. ScotiaMcLeod is a division of Scotia Capital Inc., Member CIPF.

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