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Thread: LF: Financial advisor/advice for investing from business

  1. #1
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    Default LF: Financial advisor/advice for investing from business

    Would like to start investing from my business account this year and wondering if anyone has a go to guy for advice or managing my investments.

    Or if any gurus on here can chime in. I was initially going to use TD e series (couch potato strategy) or wealthsimple, not sure if anyone advises against either of those?

    Thanks

  2. #2
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    You're going to get murdered because of the new passive income rules.

    Or you can give Morneau Shepell a call and set up an IPP!

  3. #3
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    You do know advisors are sales people right? https://www.moneysense.ca/save/inves...or-or-adviser/
    Be sure you know who you're dealing with.

  4. #4
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    Quote Originally Posted by Star1995 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    You do know advisors are sales people right? https://www.moneysense.ca/save/inves...or-or-adviser/
    Be sure you know who you're dealing with.
    They both are...
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  5. #5
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    Quote Originally Posted by suntan View Post
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    You're going to get murdered because of the new passive income rules.
    Only if he makes more than $50K and if he is just starting out I doubt it will be that high.

    If you are investing over $1M I can recommend a good group at Dominion Securities for dealing with business investments.

    Or as suntan mentioned the IPP if you are really producing a ton of income.

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