The IAFP Mentorship Program
R.F.P.s Helping Future R.F.P.s
Unique to the IAFP, our mentorship program pairs a new associate with a current R.F.P. member who can provide guidance and assistance in their quest to obtain the R.F.P. designation. The communication choices can be in person or via digital communication and meetings are scheduled on a regular basis.
Our mandate is to raise the level of competency/excellence in the Canadian financial planning industry. The candidate may choose the practice and planner that would best provide the guidance and assistance going forward.
Our mentorship provides the marriage of theory and practice with extensive experience of the many varied aspects of running a successful financial planning practice. With our mentors, there is a wide variety of skills, talents and varied practices.
Our mentors will coach you through the process of preparing your Financial Plan and Letter of Engagement for submission
Mentors can also provide guidance in issues relating to practice management and compensation.
Combining a strong academic background with over twenty five years of financial planning experience, John and his associates are uniquely qualified to serve their clients in all areas of Investment, Estate and Trust Planning.
John attended the University of Alberta where he received a Bachelor of Commerce degree in 1980. In 1986 he obtained his Master’s degree in Business Administration from the University of Calgary. He supplemented his university education by completing the Chartered Financial Planner designation in 1990, the Registered Financial Planner designation in 1997, and his Trust and Estate Practitioner designation in 2004. John has served on the Board of Directors of the Southern Alberta Chapter of the Canadian Association of Financial Planners and the Board of Directors of the Calgary Estate Planning Council, and currently serves on the National Board of the Institute of Advanced Financial Planners.
John served the first thirteen years of his financial services career in the Trust industry with National Trust, Canada Trust, and Royal Trust.
Fee Only Business Model.
Full Office business structure.
No licences held.
comprehensive wealth management, including income tax planning and personal tax prep.
Kathy has been in the investment business for 21 years. She started with Investors Group in 1992, and accepted a position with Richardson GMP in November of 2005 with a desire to transition to the IIROC platform. Kathy is pleased with her decision to join Richardson GMP and the opportunities offered with an independent firm.
We are a team of 5 talented individuals who take pride in providing full financial counselling.
We start with the 6 step financial planning process for all our clients and our forte is providing hands on guidance to our many wonderful clients.
We run a fee based business predominately, which allow us the margin to spend time with clients focusing on important aspects such as retirement planning, tax planning, insurance, estate planning and general life planning.
Our market is the high net worth individual, as such, our investment approach is best suited to clients with a minimum of 500K in investible assets.
Russell is a fee based financial planner specializing in retirement income security for clients. He has been a practicing retirement planner for over 25 years providing services in three areas;
• Designing retirement income security & wealth management strategy reports & projections
• Facilitating workshops in retirement lifestyle planning & financial self-management skills
• Mentoring clients in all matters of lifelong financial security
Russell Todd founded Todd & Associates Financial Knowledge Inc. His firm merged in 2011 with Doherty & Bryant Wealth Advisors Inc. Russell remains affiliated with Doherty & Bryant, assisting new clients in accessing their unique wealth advisory services.
Since 1991 Russell has also been a workshop facilitator with The Financial Education Institute of Canada. His workshops teach financial self-management skills for younger people and he specializes in pre-retirement lifestyle planning to employees in corporations, non-profits and government departments. His workshops are inspiring, educational, and motivating, and have helped thousands that have attended over the years. feic-icef.ca
Since 2011 Russell has been progressing toward semi-retirement, focusing on mentoring clients, helping to change behavior in order to achieve lifelong financial wellness and security.
Increasing focus has also been helping individuals interested in becoming financial planning professionals to attain their RFP designation, and keeping the bar high for competence and professionalism in our industry
In 2013 Russell began the process of setting up a new website The Financial Mentor (under construction) to better reflect his focus on financial mentorship for both clients and individuals seeking to become RFP professionals.
We invite you to call us if we can be of help to you or your Corporation in educating your employees, to attain lifelong financial security.
Melanie is a 25-year veteran in the financial services industry and is currently serving as Vice President for the Institute of Advanced Financial Planners (IAFP).
In the year 2000, she incorporated Legacy Wealth Management, a fully integrated financial planning and investment boutique in Calgary, Alberta. Partnering with Investment Planning Counsel (IPC) in 2011 was a transition that allowed Melanie’s team access to the latest in technology, wealth management techniques and planning tools on behalf of Legacy’s clientele. Both IPC and Legacy embrace very similar philosophies and that is in helping their clients to achieve and “Live Their Dream”.
As an independent planning firm, Legacy Wealth Management delivers impartial advice to their client by employing Total Wealthcare™, a focus upon the six-step planning process to impart strategic and personalized planning solutions. Melanie’s goal and that of her team is to create satisfying client relationships that will stand the test of time. Emphasis is therefore continually placed upon enhancing expertise and elevating service.
Our values are Commitment, Integrity and Focus – Every Step of the Way.
Legacy Wealth Management is supported by four team members, all with varying levels and areas of expertise. Their client is offered a choice of fee arrangements, designed to suit each individual’s preference. We work with those who are committed to the financial planning process and our business primarily consists of clients who hold investable assets of $500K or more.
I am basically fee-based. I charge direct fees for financial planning work and/or charge an asset-based fee if there are investments involved. Where insurance sales are involved, I still earn commissions for product placements. I have a specialty in working with retiring or retired clients. My partner, Cathie Hurlburt, is a Financial Divorce Specialist. Irma Mattes, our new para-planner currently provides us with planning support.
I am part of a team with two other planners and three assistants. We are incorporated. Our group, in turn, is part of a firm (branch) of 22 advisors.
Mutual Funds. Life, Accident and Disability
We are primarily focus on life planning (financial Planning) for our clients. As a result we focus on a full or modular financial planning engagement for all clients. We offer mutual fund, private managed accounts, insurance solutions and tax preparation as part of our service offering. We have written a workbook on how to incorporate financial planning into your practice for Advocis in 2004 (now out of print). Both Cathie and I have taught the CFP courses at BCIT over the years – we are now retired from teaching night courses. I have written financial planning articles over the years for Advisor’s Edge, Advisor.ca and FORUM magazine.
Brad Brain, B.A. (Economics) , CFP, R.F.P., FMA, FCSI, CH.F.C., CLU, has eighteen years of experience in the financial services sector, including seventeen years as a practicing financial planner. Additionally, Brad is a financial planning author and educator. Brad and his team are committed to helping clients build multi-generational wealth through a prudent and disciplined approach to wealth creation and preservation. Brad is dedicated to the pursuit of knowledge in his field. Involved in financial services education for nine years, Brad has earned several industry designations in addition to a Bachelor’s degree in economics. These designations include: CFP – Certified Financial Planner – This is Canada’s standard financial planning designation, and is recognized worldwide. R.F.P. – Registered Financial Planner – The most distinguished financial planning designation in Canada, this has been achieved by less than 900 individuals nationwide. FMA – Financial Management Advisor – This indicates an advanced mastery of financial planning concepts, with a specialization in servicing high net worth investors. FCSI – Fellow of the Canadian Securities Institute – Representing individual integrity and supreme professionalism, the designation of FCSI is reserved for financial services professionals who have met the most exacting standards for industry experience, advanced education and solid endorsement from their peers and superiors. CH.F.C. – Chartered Financial Consultant – This designation represents dedication to excellence in financial planning and represents advanced technical knowledge and practical application of financial planning principles. CLU – Chartered Life Underwriter – this insurance designation indicates an advanced knowledge in life and health insurance and employee benefit plans.
Brad is a proud father of two, and in his spare time he enjoys Tae Kwan Do, and touring on his Softail Deuce motorcycle. In 2009 he helped to author the Certified Financial Planner exam for CFP candidates. He was recently named to the Insurance Council Of British Columbia.
We are fee only planners and do not sell products.
Howard has essentially retired from practice and now spends his time raising Venture Capital and sitting on corporate Boards. That leaves Lenore as a sole proprietor, with one part time planner and one part time para planner.
Lenore holds a life licence, but only so she can discuss specific policies with clients who bring them in for review.
Our credo is: “Knowing what we know, but thinking the way you do, here is our recommended solution”.
Our mantra is: “Personal Financial Planning is a process not a product, and it’s 80% personal and only 20% financial”.
We help our clients manage their relationship with the people who provide the financial products to accomplish their goals.
Because tax structure is at the heart of planning, we prepare the T1 tax returns for most of our personal and small business clients. However, we defer preparation of T2’s to our corporate clients’ accountants. 40% of our business consists of proprietorships and corporations.
For investment advice we refer our clients to appropriate Investment Counsel.
Fee-for-service consulting, tax preparation and term deposit business are all done outside of the fund dealer.
At present I am a sole practitioner without any assistants. This is by choice. I am also a branch compliance officer so I get my fill of other planners.
IFIC certificate on Jan. 31, 1984 and have been self- employed ever since. In addition to being licensed through the MFDA, I hold a Level 2 life license
Since the early 1990s I have had a strong interest in socially responsible investing and philanthropy. Many of my referrals come as a result of being a professional member of the Social Investment Organization. I do not advertise or ask clients for referrals. They simply appear. If fund product is placed it is always at zero percent front end. Virtually all clients are charged consulting on an hourly basis although I exercise discretion. It is difficult to transition clients who have been used to getting advise for free. As a senior planner (about to turn 60), I am concerned about succession and have a plan in place – just in case. Always a good idea to practice what you preach.
Terry earned his B.B.A.(Economics/Accounting) from Simon Fraser University in 1991. Since obtaining his degree, Terry has completed the Canadian Securities Course 1992 and completed the 5th year of the CMA program in 1994. Subsequently, Terry received a BCIT Associate Certificate in Financial Planning (Honours - 1996), the CFP designation (Certified Financial Planner - 1997) ,and the R.F.P. designation (Registered Financial Planner - 1996).
The majority of Terry’s practice consists of providing the following services:
• Tax planning & preparation services
• Estate planning, primarily for buinsess owners / high net worth clients
• Investment planning and portfolio monitoring
• Retirement planning
Terry is pleased that 90% of the new clients he receives are referrals from existing clients.
Brinsely joined Macdonald, Shymko & Company Ltd. (MSC) in 1997 and became a principal of the firm in 2000. MSC utilizes a team-based approach, where our researchers, analysts and support team contribute to the planning provided by our Fee Only Financial Advisors & Portfolio Managers. All of our client relationships are built on a solid foundation of trust.
Our commitment to being Fee Only advisors means we do not sell any products or receive any commissions, which allows us to provide objective advice. We are not associated with any other financial institutions and our compensation is solely from financial planning and portfolio management fees levied directly to our clients. MSC is a registered Portfolio Manager in the Provinces of BC, Alberta and Ontario.
Brinsley is a native of Vancouver and holds a Bachelor of Business Administration in Finance from Simon Fraser University. Brinsley has completed the Canadian Securities Course, received an Associate Certificate in Financial Planning from the British Columbia Institute of Technology, and holds the CFP (Certified Financial Planner), R.F.P. (Registered Financial Planner) and CIM (Canadian Investment Manager) designations. He has also successfully completed Level 1 of the CFA (Chartered Financial Analyst) Program. Brinsley is a Practitioner Member of the Institute of Advanced Financial Planners (IAFP) and is registered under MSC’s Portfolio Manager status.
Fee only, comprehensive financial advice and investment management services as Portfolio Managers.
Full team substantially on a consensus basis.
Registered as Portfolio Managers in several provinces.
Really look for “mature” clients who present interesting challenge.
Virtually 100% fee based billings direct to the client and not an outside provider. 5% trailer and shrinking to zero.
Corporation; three partners, 11 staff, 2 admin, balance either CA’s or CGA’s; mostly part time professionals (moms who work when they want but have vast experiance)
(one mutual fund/Insurance)
A unique niche business that truly operates as a team. One client base only. We are very high value add in the area of tax planning and broad financial planning. Cater to business owners in ensuring income is tax efficiently converted to wealth over time. Investments are an adjunct to this. Limited group of clients (about 60 families) for which we do a lot of services and charge a lot of money for that. We have an integrated CA practise and in house lawyer as well. Manage about 250 client companys/year. If you want sales training, don’t come visit.
A much sought-after speaker and former Vancouver Sun personal finance columnist, Lynne Triffon puts her passion for financial planning to good use and for more than just her clients’ benefit. Twenty-one years ago she discovered the advantages of fee-based financial planning and has been a staunch advocate ever since. Over the years, Lynne has worked within the industry in a leadership capacity to establish best practices for financial planning. It’s all part of her personal commitment to make sure her T.E. Wealth clients always receive the best in guidance and service. Not surprisingly, many of Lynne’s clients have been with her for more than 15 years and the growth of her client base can be credited to a steady stream of referrals.
Taking a personal interest in her clients’ lives, being innovative when solving problems and putting effective solutions in place are just some of the reasons Lynne has enjoyed success in wealth management. She’s also generous with her expertise, sharing her financial knowledge through the media, at employee education seminars and in her position as Chair of the financial advisory committee for a Vancouver-based charitable foundation. Originally considering a career in accounting, Lynne found her calling in financial planning and there are many people who are glad she did.
Fee Only Business Model
Financial planning and investment counseling division within firm.
Well established clientele; continue to build my practice, primarily through referrals.
Vast majority of my revenue is trailer fee based with an small but increasing amount of hourly based financial plans work. No upfront or DSC commissions charged
Sole proprietorship with two licensed assistants.
MFDA licence’s for Manitoba, Ontario and British Columbia. Life Insurance licence for Manitoba
All new clients and the majority of existing clients have a comprehensive financial plan completed prior to commencement of activities. We use a signed letter of engagement and a compensation disclosure letter with all clients. Being in rural Manitoba, my main focus and preference is the deal with farmers and/or rural small businesspersons. My business mandate is to partner with clients who wish to make a smooth transition to a stress fee retirement. I have collaborated with the editors of Grainews (a farmers newspaper) in providing the supporting financial plan for a Farmer Financial Planner column. Past articles can be viewed on my websit.
Before joining Lawton Partners in 1996, Cameron practiced for several years as a senior investment analyst with a major financial services company. This gave him an excellent foundation for working with clients, especially in helping them to clearly define and achieve their life and financial goals. Cameron’s impressive resume includes holding designations as a Certified Financial Planner (CFP), Fellow of Canadian Securities (F.C.S.I.), Certified Investment Manager (CIM), Registered Financial Planner (R.F.P.), and a Chartered Life Underwriter (CLU) in addition to being a Trust and Estate Practitioner (TEP).
Cameron applies his wealth of expertise to developing unique and innovative investment, tax and estate-planning strategies that are comfortably-suited to the needs of his clients. Through the years, his practice has been built on a solid commitment to families seeking out practical, cost-effective strategies for wealth transfer and succession to the next generation.
Family is very important to Cameron and he treasures every moment spent with his wife Sally, their four children, Sara, Leah, Loch and Lindsay as well as the Inglis family’s Golden Retriever, Mitch. In his spare time, he enjoys skiing, reading and cribbage as well as getting away to the cottage. In addition, he has dedicated his time to being involved with both Rotary International and with Scouts Canada as a troop leader.
Murray started in the investment business in 1984 with an independent mutual fund distributor, Associated Financial Planners Inc. (AFP) in Waterloo, Ontario as an owner and director. He was appointed President of AFP in 1991 for a 3 year term, then Branch Manager until 1998. He spent 5 years with Assane Financial, 9 years with Independent Plannign Group and currently with Manulife Securities in teh MFDA channel.
Murray achieved his CFP designation in December, 1998 and his R.F.P. in December, 2000. He operates his practice under the name MDK Child Financial Advisors with 2 staff and 260 clients. Murray has several HNW individuals and families that he has worked with for more than 15 years and also takes on young start up families to help establish a firm planning base.
I run my business in partnership with my son, Christopher Le Roy. At this point in our evolution, he takes the major responsibility for the business. My focus is to meet with a select group of clients and to generate new business. We focus on the individual. The client, their situation, and their goals are the starting point of our relationship together. We then do whatever is needed to get them to where they want to be down the road. Our job may consist of developing a financial plan, picking and managing investments, putting appropriate insurance in place, and reviewing and/or developing an estate plan. Most often, the relationship involves all these components. Our relationships are, essentially, fee-based. We feel that this allows us to align our objectives with our clients. If we don’t get paid to transact, we have no conflict of interest in recommending a change in our client’s portfolios. Our objective, as is theirs, is to help them increase their net worth. We do not charge extra for our planning services. We feel that they are part of the service we offer our clients.
We are part of an independent team working for ScotiaMcLeod. SM gives us total free rein in how we run our practice and what investments we choose. We think it is an unique combination of freedom to choose and support. Financial planning companies give you the freedom, but not the support. We’re a three-person team: me, Chris, and our assistant Ingrid. Ingrid is very well qualified. She has her Masters of Finance. She is licensed to sell stocks.
Both Chris and I are licensed to sell mutual funds, stocks, and insurance. Chris wants to start working on his discretionary licence. We feel that, if we can get the investment end of it more automated, it will allow us more time to spend on the planning aspects of the job. SM gives us the resources to do this, where we couldn’t have done that at the financial planning firm where we used to work. Ingrid is licensed to sell mutual funds and stocks.
I think I covered this in the first section. We like to think that we have a very personalize business. We know each and every client well – their needs, their families, their concerns. We’re in the process of weaning our clients, so that we can deliver an even more personalized service. Our current entry point is $250,000, but that will rise over the next couple of years. We like to work with people who have an appreciation for the concept of fee-for-service in a literal sense. If you don’t need the services, we are not the advisors for you.
I have been a financial planner in Toronto for 16 years. The IAFP and my R.F.P. designation have been the most valuable tools in building my practise and career, along with my dealer Assante Capital Management Ltd.
I run with a team of two but it expands to include professionals such as accountants and lawyers as needed. My compensation model is fee-for-service and trailer fees.
The IAFP Symposium each year is the most useful forum to connect with like-minded and qualified individuals and discuss/debate current and potential issues with clients. Experts on relevant subjects are invited to speak. R.F.P.s have informally been my mentors along the way and our on-line forum connects us across Canada all year long.
I am both a Certified Financial Planner (CFP) and Registered Financial Planner (RFP), I am a member of Advocis (the Financial Services Advisors Association of Canada) and the Institute of Advanced Financial Planners. Past executive member of the Canadian Association of Financial Planners now part of Advocis. I have recently received a certificate recognizing my ongoing dedication to excellence in the financial planning profession over the past twenty years.
I have been working with individuals and their families for over 35 years. I have several second & third generation clients. I take the time to understand your unique situation, as well as your concerns and aspirations for your family. This understanding forms the basis of your custom tailored financial plan. Regular reviews ensure your plan remains consistent with your circumstances and goals.
Each plan takes into account the preservation and creation of wealth, minimizing income tax whenever possible and making sure you have the correct asset allocation to minimize risk.
Professional Focus - Financial Planning with a focus on Retirement, Income Tax and Estate Preservation.
Jeff Wachman is a senior financial planning advisor at Assante Financial Management Ltd. and owner of Wachman Wealth Management Inc. He graduated from McGill University in 1980, and has over 14 years of financial planning experience and 20 years of entrepreneurial business experience. He specializes in Wealth by Design, Income for Life Portfolios, and Entrepreneurial Coaching, with licenses in Mutual Funds and Life Insurance.
From Jeff’s experience, investment management—picking and trading investments—has not been significant in optimizing wealth; it is regular reviews of family net worth and cash flow management that are the keys to wealth creation. The wealthy have mastered this practice, while the media, the banks, and brokers focus primarily on investments. We often look at debt or short-term investment performance as the primary indicators of financial progress, but these numbers do not tell the most important story: Net worth is the indicator that really addresses the Financial Progress Question.
Net worth and cash flow management are the two most important components of wealth creation, but many financial practices do not have programs to address these because they are just too labour-intensive to prepare. To resolve this, Jeff has designed a program with these components to optimize wealth creation and enhance financial well-being.
His practice is based on a fee for service model. He has a detailed Letter of Engagement describing the fee structures for financial planning, investment management, and entrepreneurial coaching. He transitioned to this model in 2008, and it has received overwhelmingly positive responses from his clients for this practice. Not only does this model provide adequate compensation and flexibility based on the work at hand, but it also provides complete transparency for his clients.
Over the years, Jeff has built a diversified practice by enhancing family wealth and security. He has a stable client base with families who have seen significant progress in their net worth throughout the economic cycles. His practice is focused on financial health, yet his team also organizes annual events to help improve their clients’ overall well-being, such as wellness seminars and travel strategy seminars. Jeff and his team look forward to growing the practice through their existing client base by continuing to enrich their clients’ quality of life.
Chet is dedicated to educating the public about the importance of comprehensive personal financial planning. Chet’s professional qualifications include Certified Financial Planner and Registered Financial Planner designations. Chet is Past President of the Saskatchewan Chapter of the Canadian Association of Financial Planners.
He has been a frequent guest on local radio and television programs and has contributed articles to the press on the subject of financial planning.
Chet became an independent financial planner after spending a number of years in the wealth management subsidiary of a large financial institution. He is experienced in all aspects of personal finance including investments, estate planning, retirement planning, tax planning and trusts.
Chet was the Regina Chapter of the Canadian Association of Financial Planners nominee for the 2000 National Member of Distinction Award. He is currently on the board of directors of Value Partners Investments, an advisor owned mutual fund company. He is also on the board of the Institute of Advanced Financial Planners.
Compensation: trailers and referral fees. ( does not accept sales commissions on investment products)
MFDA and Life Insurance.
Our firm uses managed products to implement financial plans (mutual funds and privately managed accounts with investment counselling firms,) Ours is a mature practice in the first stages of succession planning.
Last updated: 27 Apr 2015 12:11 PM
Use a combination of Search Options to find advanced financial planners in your area, or with the specializations and qualifications you need. Find specific R.F.P.s (Registered Financial Planners) by name, other designation, method of compensation, or postal code.
Only Professional Members of the IAFP (R.F.P.s) are listed in "Find a Planner"
Find out who we are and learn about our history in the financial services industry
The R.F.P. designation represents the highest standard of excellence for practicing professionals in the industry
The R.F.P. symbolizes the highest level of competency and professionalism in the field of financial planning in Canada.
Find out the process in becoming a Registered Financial Planner with the IAFP Experience in Financial Services is required
Unique to the IAFP our mentorship program pairs a new associate with a current R.F.P. member who can provide guidance & assistance
Stay connected with us in your favorite flavor!
Copyright 2012 I.A.F.P.All Rights ReservedBack to the top