106, 2020

Minimizing Tax Upon Severance During COVID

By |June 1st, 2020|Categories: Taxes|Comments Off on Minimizing Tax Upon Severance During COVID   Over the past few months, all of us have had to come to terms with the fact that uncertainty is our new certainty. Being flexible and adaptable is important as we seek to make decisions regarding our finances and portfolios. One of the hard realities of this COVID-19 period has been the number of people who have lost their jobs. Alberta has lost hundreds of thousands of jobs due to the COVID-19 [...]

2005, 2020

How Much Should We Pay for a Business?

By |May 20th, 2020|Categories: Investments|Comments Off on How Much Should We Pay for a Business?

May 20, 2020 When investing in a new company it is critical to determine what it is worth. To do this, our mutual fund managers compare it to how much companies like it are worth. Among the most common tools to make these valuations is the price to earnings ratio (or PE ratio). Understanding the PE Ratio Put simply, the PE ratio is how much an investor will be required to pay for each [...]

105, 2020

CH Spring Update

By |May 1st, 2020|Categories: CH Financial|Comments Off on CH Spring Update

We hope you are keeping well and staying safe. As you’ve seen recently, we’ve sent out a number of client communications and produced new content to share with our valued clients, their friends, families and colleagues. In light of this we thought timely to provide you with a brief communication update: As a member of the team for a little over a year now, I can say that when I began, I considered CH [...]

604, 2020

A Helpful Message In Turbulent Times

By |April 6th, 2020|Categories: CH Financial|Comments Off on A Helpful Message In Turbulent Times

I have been asked by the CH team to provide a message which might be helpful in these currently turbulent times. I am pleased to do this and provide a senior perspective: I am in my early 70’s and retired for 13 years after a rewarding 38-year career in the chemical industry. My wife, Bernice, and I have been clients of CH Financial and predecessor companies for over 25 years. Our association has been [...]

2703, 2020

Steadying the Ship in a Sea of Uncertainty

By |March 27th, 2020|Categories: CH Financial|Comments Off on Steadying the Ship in a Sea of Uncertainty   Watching the news these days is not easy. We are getting a steady diet of alarming stories about the markets, the economy, oil prices and the rise of the COVID-19 virus. For many of us, there is enormous uncertainty and insecurity about how to mitigate the risks involving our health and our wealth. While no one knows how long this period of uncertainty and upheaval will last, at CH Financial, we know [...]

2602, 2020

Should you invest on your own, or do you need a financial advisor?

By |February 26th, 2020|Categories: CH Financial|Comments Off on Should you invest on your own, or do you need a financial advisor?

Have you ever wondered if you could get a better return on your investments if you invested them on your own? You’ve probably seen the ads which describe trading platforms and tools and a variety of “do it yourself” options for managing your money. “You can save on fees for investment advisors and make better returns,” they say. But here’s the issue. Do you have the time to do the research to invest your [...]

701, 2020

Understanding Fees in the Wealth Services Industry

By |January 7th, 2020|Categories: CH Financial|Comments Off on Understanding Fees in the Wealth Services Industry

Broadly speaking, there are two ways for clients to pay for financial services. The first is generally used by wealth management firms like banks, insurance companies, pension plans and asset management companies. Traditionally these professionals will charge a percentage fee based on the client’s assets under management (AUM). The second is on a “fee for service” basis typically used by financial planners, tax preparation and accounting firms, lawyers and other related professionals. We’ll discuss [...]

1212, 2019

Investment Styles

By |December 12th, 2019|Categories: Investments|0 Comments

Within the world of investing there are a number of schools of thought or styles that managers tend to follow. This article will look at the most common manager styles, along with the strengths and weaknesses of each. Value Investing The value manager attempts to determine the intrinsic worth of a company and then buys it when it is trading well below that value. They will use a variety of tools to measure this [...]

1112, 2019

CRA: Information Requests and Audits

By |December 11th, 2019|Categories: Taxes|0 Comments

What is an Information Request? Canada uses a voluntary self assessment tax system. Once a taxpayer submits their tax return, The Canada Revenue Agency (CRA) produces a notice of assessment. Further review is initiated based on algorithms used by the CRA to find possible discrepancies in what the taxpayer reported. The CRA then performs a first level audit called an information request. Have you Received a Request? Information requests are sent to the tax [...]

1609, 2019

Understanding ETFs

By |September 16th, 2019|Categories: Investments|0 Comments

The Electronically Traded Fund (or ETF), was first introduced to Canada in the 1990s. Since then, especially within the last few years, the market has seen a dramatic increase in the number of ETFs and correspondingly heightened interest in them from investors. In 2006 there were about 700 ETFs in the world. By the middle of 2017 there were over 5,000. This article will look at what this investment vehicle is meant to do, [...]

1309, 2019

Mitigating Life’s Risks

By |September 13th, 2019|Categories: Insurance|0 Comments

As the old saying goes, the only things that are certain in life are death and taxes. The problem is none of us knows exactly when the former is going to happen, and we are just as unlikely to know how much the tax man is going to expect when we do die. And in the meantime, life happens, presenting an ongoing array of other risks and challenges. Our goal at CHF is to [...]

1309, 2019

Looking at CHF’s Investment Process: Replacing a Fund

By |September 13th, 2019|Categories: Investments|0 Comments

There are a wide assortment of investment vehicles and opportunities available to investors today. They can use banks, ETFs, hedge funds, equities, bonds, REITS, investment counsels, independent investment dealers, and more. This is why we appreciate the trust our clients have placed in us to assess their financial goals and our help to achieve them. The purpose of this article is to show what CHF’s investment philosophy is and how we execute on it. [...]

1309, 2019

A Message from the CEO

By |September 13th, 2019|Categories: CH Financial|0 Comments

I hope you had a great summer and enjoyed some vacation time with family and friends. It’s certainly been a busy and exciting six months at CHF including a transition of ownership from Clark Hetherington to CH Financial with the Clark Family assuming majority ownership of the business. I am proud to have my father Paul Clark at the helm as board Chair and look forward to delivering on our new strategic plan. This [...]

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