A Holiday Wish


Where has the time gone? We’re just a few days away from Christmas and a few more from saying goodbye to 2017. I, for one, love this time of year. I love seeing my children’s excitement at 6 am on Christmas day, how involved my wife gets in decorating and preparing for the various gatherings, and the good times we enjoy with family and friends.

As with every year, 2017 had its share of triumphs but has not passed without a list of unfortunate global occurrences we wish we could have prevented. Whether you celebrate Christmas or not, take this time and focus on the positives in your life, and perhaps do a little to help those less fortunate. Turn off your computer, let errands and responsibilities simmer, and spend this time with those you love, as it will prove to be the best investment you’ve ever made.

Early this December, I celebrated 20 years in this wonderful industry. I have learned a lot from so many of you and for that, I am most grateful. I’d like to thank the thousands of clients at Harbourfront for entrusting our advisors with their financial matters, as well as our advisors, portfolio managers, and various personnel in our branches across the country. At head office in Vancouver, I’d like to thank our senior executives, our branch managers, our compliance department, operations, accounting, IT, HR, Investment Committee and the documentation team who work tirelessly to support our advisors and their clients.

From my family to yours, I wish you the very best this holiday season, and a happy, healthy and prosperous 2018.

Merry Christmas, Happy Holidays, Happy Hanukkah, Happy New Year!


Daniel Popescu CFP, CIM, FMA, FCSI

President & CEO


“I have prepared this commentary to give you my thoughts on various investment alternatives and considerations which may be relevant to your portfolio. This commentary reflects my opinions alone and may not reflect the views of Harbourfront Wealth Management. In expressing these opinions, I bring my best judgment and professional experience from the perspective of someone who surveys a broad range of investments. Therefore, this report should be viewed as a reflection of my informed opinions rather than analyses produced by Harbourfront Wealth Management Inc.”

Disclaimer – This information transmitted is intended to provide general guidance on matters of interest for the personal use of the reader who accepts full responsibility for its use and is not to be considered a definitive analysis of the law and factual situation of any particular individual or entity. As such, it should not be used as a substitute for consultation with a professional accounting, tax, legal or other professional advisor. Laws and regulations are continually changing, and their application and impact can vary widely based on the specific facts involved and will vary based on the particular situation of an individual or entity. Prior to making any decision or taking any action, you should consult with a professional advisor. The information is provided with the understanding that Harbourfront Wealth Management is not herein engaged in rendering legal, accounting, tax or other professional advice. While we have made every attempt to ensure the information contained in this document is reliable, Harbourfront Wealth Management is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information is provided “as is,” with no guarantee of completeness, accuracy, timeliness or as to the outcome to be obtained from the use of this information, and is without warranty of any kind, express or implied. The opinions expressed herein do not necessarily reflect those of Harbourfront Wealth Management Inc. The particulars contained herein were obtained from sources we believe to be reliable but are not guaranteed by us and may be incomplete. The opinions expressed are not to be construed as a solicitation or offer to buy or sell any securities mentioned herein. Harbourfront or any of its connected or related parties may act as financial advisor or fiscal agent for certain companies mentioned herein and may receive remuneration for its services. The comments and information pertaining to any investment products (The Portfolios) sponsored by Willoughby Asset Management are not to be construed as a public offering of securities in any jurisdiction of Canada. The offering of units of The Portfolios is made pursuant to the Offering Memorandum or Simplified Prospectus and only to investors in Canadian jurisdictions. Important information about The Portfolios is contained in the Offering Memorandum or Simplified Prospectus available through Willoughby Asset Management. Commissions, trailing commissions, management fees, performance fees and expenses all may be associated with investments in The Portfolios. Investments in The Portfolios are not guaranteed, their values change frequently, and past performance may not be repeated. Historical annual compounded total returns including changes in unit value and reinvestment of all distributions do not take into account sales, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Unit values and investment returns will fluctuate and there is no assurance that The Portfolios can maintain a specific net asset value. Harbourfront Wealth Management Inc. (“Harbourfront”) has relationships with related and /or connected issuers, which may include the securities or funds discussed in this commentary and are disclosed in our Statement of Policies Regarding Related and Connected Issuers. This policy is included in your new client package, on our website, or can be obtained from your investment advisor on request.

Harbourfront Wealth Management