The Surroundup – Surround Wealth Advisors

The Surroundup

BARE TRUSTS – RULE CHANGES FROM 2023 AND WHAT’S AHEAD FOR 2024

You may recall in our prior writing from February of this year we had detailed the changes for Trust reporting rules starting for the 2023 filing year which came with the inclusion for new reporting Trusts. Those new rules came with many questions for investors which included the issue for “bare trusts” which are an...

August 28, 2024

The Surroundup, Videos

B-SIDE: SEPTEMBER – IT’S OFF TO UNIVERSITY FOR MY OLDEST!

As the summer draws to a close many of us are finishing up vacations and prepping for back to school. This year is especially important for my wife and myself as our oldest is heading off to his first year of University (The RESP funds are finally going to be used!) I am excited to...

August 28, 2024

The Surroundup

REAL ESTATE OR STOCKS?

WHICH DO YOU THINK IS A BETTER LONG-TERM INVESTMENT – REAL ESTATE OR STOCKS? If you said real estate, you would agree with the latest results from Gallup’s 2024 survey, in which Americans at all income levels perceive real estate as a better investment than other options. In fact, real estate has been at the...

July 30, 2024

The Surroundup

B-SIDE: CLIENT INSIGHTS SURVEY FINDINGS

Photo by: Ann H (Pexels) The Client Survey from Absolute Engagement landed in your inboxes on April 25th. A very important exercise conducted by this leading client research company, the exercise and its various reports and insights gives us critical feedback on our ability to delivery on what you deem most important. Our highest priority...

June 27, 2024

The Surroundup, Videos

DOMESTICATE, OR BE DOMESTICATED: LIVING WITH PURPOSE IN THE A.I. REVOLUTION

“Good morning. It’s 7 A.M. The weather in Malibu is 72 degrees with scattered clouds. The surf conditions are fair with waist to shoulder highlines, high tide will be at 10:52 a.m.” – J.A.R.V.I.S, Tony Stark aka Iron Man’s A.I., from the movie Iron Man. Imagine waking up every day to a voice like this,...

June 27, 2024

The Surroundup

PROPOSED CAPITAL GAINS INCLUSION TAX RATE CHANGES

The last Federal Budget was delivered on April 16 of this year with several new tax measures. Perhaps the biggest news of this budget was the proposal to increase the capital gains inclusion rate from 50% to two thirds (66.7%) effective for transactions after June 25th, 2024. Capital gains incurred prior to this date will...

May 29, 2024

Shorts, The Surroundup, Videos

DON’T BE SCARED.

When the market is down, everyone is worried. And when the market is up, everyone is still worried. How should you feel about it? My advice is in this month’s video. By Adil Mohammed, CFP®, CIM®, FCSI® Wealth Advisor Assante Financial Management Ltd. NEW! You can watch my usual full-length video (above), or watch it in...

April 29, 2024

The Surroundup, Videos

WHAT KIND OF ADVISOR DO YOU HAVE?

Most people assume all advisors do pretty much the same thing. But that’s not the case. What’s the difference between an investment advisor, financial planner, financial advisor and wealth advisor? It’s all in this video. By Adil Mohammed, CFP®, CIM®, FCSI® Wealth Advisor Assante Financial Management Ltd. This material is provided for general information and should...

April 29, 2024

The Surroundup, Videos

THE RISE AND FALL AND RISE AND FALL… AND RISE (FOR NOW), OF BITCOIN.

Have you seen Bitcoin’s price lately? It’s skyrocketing! For good reason, this has raised the interest level of many clients to ask why, and when it might be a good time to consider cryptocurrency as part of a diversified investment strategy. At the same time, many are still cautious about investing in it just yet....

March 26, 2024

The Surroundup

B-SIDE: PLEASE COMPLETE THE CLIENT SURVEY!

The Client Survey is coming to your inboxes on April 25th This is a very important exercise conducted by leading client research company Absolute Engagement, giving us critical feedback on our ability to delivery on what you deem most important. Please participate by completing the survey. It only takes about 7 minutes to answer and...

March 26, 2024

Image of a desk surface scattered with tax forms. A large calculator sits atop the papers with the words Tax Time on the display.

The Surroundup

IMPORTANT: NEW AND EXPANDED TRUST REPORTING

It’s about that time of year where the mailbox starts getting filled with tax related documents. Many of us wait until the last minute to file, but here is a reason to start working on your taxes now! The Government of Canada has introduced new trust reporting rules that require all trusts, unless specifically exempted,...

February 27, 2024

Shorts, The Surroundup, Videos

FIVE THINGS THAT WILL STAY THE SAME IN 2024

There is so much time and effort put towards trying to predict the changes that will occur in a new year. Want to know what will stay the same? Find out in this month’s video. By Adil Mohammed, CFP®, CIM®, FCSI® Wealth Advisor Assante Financial Management Ltd. NEW! Introducing video shorts, in which Adil breaks down...

January 29, 2024

The Surroundup, Videos

WHAT’S IN A WISH?

This December, Surround marks the fourth anniversary of The Surround Foundation by making a very important wish come true. We hope you enjoy this year’s holiday video introduction to a girl, named Zoey, an examination of the power of wishes, and what it means to live a good life.

December 18, 2023

The Surroundup

B-SIDE: INTERVIEW WITH A PRO, YULIA REUTER

In early November 2023, I had the absolute pleasure of being introduced and spending some time with Yulia Reuter, Head of Responsible Investing, CI Global Asset Management. Needless to say, when I began working on the task of gathering actionable intel for clients in the realm of sustainable and socially responsible investing, my immediate skepticism...

November 24, 2023

The Surroundup

FEELING FRUSTRATED? TRY FIXING YOUR H.A.L.O.

This month’s Surroundup is all about fixing your H.A.L.O. That’s right. As we continue to find ourselves in a world of conflict and polarized extremism, and at the same moment entering the season of giving and gratitude, I wanted to visit on one of the other biggest topics of the last two years that has...

November 24, 2023

The Surroundup

ALTERNATIVE MINIMUM TAX (AMT) – WHAT IS IT AND HOW DOES IT IMPACT ME?

AMT is a second, alternate tax liability calculation which Canadian individual and trusts have to consider annually as a parallel with their normal tax liability. This method was introduced for Canada’s tax system back in 1986. Under this parallel tax calculation method, it allows for fewer deductions, exemptions and credits than under the regular income...

October 25, 2023

The Surroundup, Videos

IT’S ALL ABOUT EXPECTATIONS

IT’S ALL ABOUT EXPECTATIONS If I had to give this year a theme, it would be “better than expected”. What’s to come? Find out in this month’s video. Hint: It doesn’t matter what happens. It matters what’s priced in. It matters what the market expects. By Adil Mohammed, CIM®, QAFP™, FCSI® Wealth Advisor Assante Financial...

September 26, 2023

The Surroundup

B-SIDE: MEET IESHA ELLWOOD – OUR FINAL 2022 NEXT LEVEL SPONSORSHIP ATHLETE!

Meet Iesha Ellwood – our final 2022 Next Level Sponsorship Athlete! How long have you been doing CrossFit? What got you started? I’ve been doing CrossFit for about 5 years. I was invited by my friend Julia Lane. What aspect of our core values of authentic, driven, and inclusive do you relate to the most?...

August 28, 2023

The Surroundup, Videos

GREAT COACHING MAKES THE UNCERTAIN MORE CERTAIN OVER TIME

“Trust always affects two outcomes: speed and cost. When trust goes down, speed goes down and cost goes up. When trust goes up, speed goes up and cost goes down.” These are the words of the Stephen M.R. Covey from his book The Speed of Trust, and when I first began to conceive of this...

August 28, 2023

The Surroundup

DONATING SECURITIES – PROPOSED CHANGES FOR 2024

We are all aware of the of the joy one gets from giving to Charities. It makes us feel good about having a cause or benefit that means something to us… sometimes it is a deeply rooted cause that pulls at our heartstrings, or we know someone whose life has been impacted by a sickness...

July 24, 2023

What We Think

BARE TRUSTS – RULE CHANGES FROM 2023 AND WHAT’S AHEAD FOR 2024

B-SIDE: SEPTEMBER – IT’S OFF TO UNIVERSITY FOR MY OLDEST!

REAL ESTATE OR STOCKS?

B-SIDE: CLIENT INSIGHTS SURVEY FINDINGS

DOMESTICATE, OR BE DOMESTICATED: LIVING WITH PURPOSE IN THE A.I. REVOLUTION

PROPOSED CAPITAL GAINS INCLUSION TAX RATE CHANGES

DON’T BE SCARED.

WHAT KIND OF ADVISOR DO YOU HAVE?

THE RISE AND FALL AND RISE AND FALL… AND RISE (FOR NOW), OF BITCOIN.

B-SIDE: PLEASE COMPLETE THE CLIENT SURVEY!

IMPORTANT: NEW AND EXPANDED TRUST REPORTING

FIVE THINGS THAT WILL STAY THE SAME IN 2024

WHAT’S IN A WISH?

B-SIDE: INTERVIEW WITH A PRO, YULIA REUTER

FEELING FRUSTRATED? TRY FIXING YOUR H.A.L.O.

ALTERNATIVE MINIMUM TAX (AMT) – WHAT IS IT AND HOW DOES IT IMPACT ME?

IT’S ALL ABOUT EXPECTATIONS

B-SIDE: MEET IESHA ELLWOOD – OUR FINAL 2022 NEXT LEVEL SPONSORSHIP ATHLETE!

GREAT COACHING MAKES THE UNCERTAIN MORE CERTAIN OVER TIME

DONATING SECURITIES – PROPOSED CHANGES FOR 2024