Think Smart with TMFG

Episode 122: How Are Financial Advisors and Firms Paid?

Join us today on Think Smart as Financial Advisors. Rob McClelland and Mike Connon will discuss how advisory firms are paid. Many models have been followed over the years. We discuss each compensation mode in-depth and how most firms are working today.

Episode 121: The Best Way to Buy Stocks

Listen today as Advisors Rob McClelland and Mike Connon give you the inside track on how to build a portfolio. What stocks you should buy and what you should consider, including tax credits, what assets go into which accounts, and what to look for in diversification—the performance of small, mid, and large-cap companies. Learn our best practices.

Episode 120: 6 Different Types of Traders

Did you know that there are at least six different types of trading strategies? Join Advisors Rob McClelland and Mike Connon as they run through everything from Momentum to Swing traders and discover the pros and cons of each. 

Episode 119: Ever Heard of Hidden Taxes?

Nobody likes to pay more taxes than they should but have you ever heard of hidden taxes? They look like a tax and act like a tax, yet they are not called a tax. Listen here today, as Financial Advisors Rob McClelland and Mike Connon discuss some of these covert culprits. 

 

Episode 118: The Value of Advice: Why Working with an Advisor Pays Off

We often have difficulty as Financial Advisors quantifying what it is we do. The truth is that the numbers don't lie. In the long term, working with an advisor is in your best interest. Cookie-cutter solutions cannot make the same claims. A financial plan tailored to you, your risk tolerance, spending habits and all that makes up your financial persona is invaluable. Join us today as we run the numbers and define where exactly you will see that effect on your bottom line.

Episode 117: Great Products, Horrible Investments

They may look like the next best thing, but the truth is they may not be reliable investments. Huge companies can rise to the pinnacle of their creation only to be in the red when it comes to the bottom line. Join us today as we examine Great Products, Horrible Investments.

Episode 116: Finding Out the Truth Behind Active Mutual Funds

Advisors Rob McClelland and Mike Connon take a behind-the-scenes look at active mutual funds. Why is it that mutual funds continue to underperform their benchmarks? You may be surprised to know that many funds do not survive; many close or consolidate. You may have put your money into one fund only to find out that it has completely changed its parameters without you even realizing it. Of those funds that do survive, only 23% beat the market 10 years out, and on the fixed income side, only 31% 10 years out beat the market, and the numbers only go down from there.  Join us today as we take a deep dive into the active mutual fund industry and review the recent study “The Mutual Fund Landscape".

Episode 115: Helping Your Kids with the Purchase of Their First Home

The housing market is on fire in Toronto and Vancouver. Entry-level houses are selling for well over 1 million dollars. Today we dig deep to understand what the housing data is showing us. Financial Advisors Rob McClelland and Mike Connon discuss the many obstacles parents and children face as first-time homeowners. Is it a good idea to help your kids with this purchase?  If so, where should the money come from? This is a list of best practices for parents to consider here on Think Smart.

Episode 114: How We Can Do A Better Job For Our Clients

The goal of this company has always been to add value for our clients. You might be surprised to know that building your portfolio is one of the easier parts of what we do. Join us today as we examine our value proposition and which parts of it are geared towards doing a better job for our clients.

Episode 113: The 10 Biggest Mistakes People Make on Their Personal Income Taxes

Many people try their hand at doing their own tax returns with the thought that they can save money or that it's not really all that complicated. But we're here to tell you that there are a number of easy mistakes that people make when filing their income taxes. Listen here to find out what they are and how you can avoid them.