Managed Money Reporter Newsletter — Issue 281, September/October 2014

Editors: Carl Spiess & Allan McGlade

Featured Articles

Tax Effective Charitable Giving

Carl Spiess

By Carl Spiess, CFP, CIM, FMA, FCSI, MBA

With such strong markets over the last few years, we are pleased to have so many clients with sizeable capital gains. We strongly recommend you consider donating securities rather than using cash or a credit card to make any large charitable donations. Please review our link on philanthropy and contact us with any questions. (We would normally put this in our December year end newsletter, but these donations can take a bit of time, so it is better to start the process before the year end rush for donations.)

More on charitable giving


How much do your investments cost, and how do you pay?

Here is a great video to help understand investment fees and how you pay for investment advice and services. If you have any questions at all about your account performance, fees or the services you receive, please email us for a full and detailed report.


Recommended Reading

  • Monthly Performance Review - ScotiaMcLeod Portfolio Advisory Group, September 4, 2014
    A good, if relatively dry, summary of returns.
  • Team of Experts - ScotiaMcLeod Tax Advisory Group, Summer 2014
    Our tax group's quarterly newsletter.


New Investor Profile Section on Statements

As part of new enhanced suitability reporting rules, changes will be made to ScotiaMcLeod client account statements, effective September 30, 2014. Quarterly statements will include a new section that reports the documented Investment Objective(s) and Risk Tolerance for the account, in addition to the client's Investment Knowledge. Investment Objective(s) and Risk Tolerance are account-level specific and Investment Knowledge is at the client level. Please take a moment to review this section on your next statement - it never hurts to have an extra opportunity to verify the information we have for you is still current. Please do not hesitate to contact us if you have any questions about your statements, your client profile or the suitability of your investments.


Team News

We welcome Tara Moreiko to our team who is helping to cover Debbie Ann Espiritu's responsibilities over the coming year.


Recommended Link of the Month

Vanguard investments is new to Canada but their ETFs are already widely being used by advisors like us for certain client portfolio needs. Their website is good and has well researched articles (e.g. Home market bias and global exposure).



Contact Us

T.  416.863.RRSP (7777)
F.  416.863.7479

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The Spiess McGlade Team is a personal trade name of Carl Spiess and Allan McGlade.