My Background: My first memory of money was during a trip to the grocery store with my mom. I was 10 or 11 years old.
We were walking up and down the different aisles until we got to the chip section. My mind was blown, there were so many different options to choose from. I had a bit of money saved up in my piggy bank, so I asked my mom how many bags of chips I could afford to buy. I decided I was going to throw a chip party for my friends, and I’d be the coolest guy in school. My mom was kind enough to play along and she told me about 4 or 5 bags.
As a kid with a huge imagination, this wasn’t going to cut it. This needed to be an epic chip party!
From that point on, I made a conscious effort to save as much money as I could. This meant no more spending money on candy whenever we went to the local arena to skate. I’d save all my birthday money, I would dig through the sofa whenever my parents had company over, and I would sell pumpkins from our garden, anything for a buck.
I also got more sophisticated with my savings and ditched the piggy bank for a bank account. That’s where I was introduced to compound interest and I was hooked.
I never did end up throwing my epic chip party as I used that money to buy my first car instead. Sadly for my 10-year-old self, priorities change.
Fast forward to university, and like most people, I was trying to figure out what I wanted to do with the rest of my life. One day, on my way home from school, I thought back to that day in the grocery store. I had set a goal for myself and ultimately achieved it. I had such a sense of accomplishment and I wanted to help other people feel the same way.
It was at that moment that I decided that I wanted to be a financial advisor. I loved playing with numbers and I wanted to help other people achieve their goals. I couldn’t have asked for a better career.
How It All Started: After university, I was able to start my career as a financial advisor at one of the big banks. It was a great opportunity to learn and get to know the industry.
Along the way, my brother (who is also an advisor) and I decided to go into business together. I left the bank and we started out on our journey. Over the years we’ve worked on growing our business and now manage client assets of $80 Million.
There are many things I love about my work, but my best days are when I hear from a client that they’ve handed in their retirement notice. At that moment, I know that they are having the same feeling that I had when I bought my first car. That’s what makes this job worth it for me!
Who I Help: To be the best advisor that I can be, I focus my expertise on those who are approaching or have recently retired. This has allowed me to narrow my focus and become an expert on the challenges faced by these types of individuals.
How I can help: I’ve found that the majority of my clients work with me for two reasons.
- They want to ensure they are on track to reach their retirement objectives
- They want a tax and investment strategy that keeps more money in their pockets
Marc can be reached at 204-256-5555 or [email protected].