Central Wealth Group of Raymond James Ltd.

Central Wealth Group of Raymond James Ltd. Since 1994, we have helped our clients feel confident and in control of their financial affairs. /*********/
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May was RJ Cares Month at Raymond James. A month dedicated to recognizing volunteer efforts within the community. This ...
06/03/2026

May was RJ Cares Month at Raymond James. A month dedicated to recognizing volunteer efforts within the community. This year, along with some great colleagues, I had the opportunity to volunteer here with two incredible organizations.

At the Edmonton Humane Society, our branch participated in a Shelter Takeover Day. We spent the day helping wherever it was needed most—cleaning, organizing their "Costco" supply warehouse, moving furniture, and even making enrichment toys for the animals. And yes… there are always a few furry visits throughout the day (definitely a highlight).

We also spent time at the Veterans Association Food Bank, supporting those who have served our country. Our group helped receive, sort, and pack food - and I'm proud to say we exceeded our targets, packing 180 boxes (60 hampers) together.

Volunteering is always grounding. It's a chance to step away from the usual routine, connect with others in a different way, and contribute to something that really matters—alongside colleagues who genuinely care.

Proud to be part of a firm that lives its values, not just talks about them.

Perhaps a good time to reshare this classic from one of our favourite personal finance authors, Morgan Housel.
05/26/2026

Perhaps a good time to reshare this classic from one of our favourite personal finance authors, Morgan Housel.

Have you ever told your child it's not polite to ask how much something costs?Why?Is your answer any different than when...
05/18/2026

Have you ever told your child it's not polite to ask how much something costs?

Why?

Is your answer any different than when they ask you to teach them how to ride a bike?

The concept is the same—they need to learn, and they're asking for help.

For decades, money has been one of the most avoided topics in conversation. Many were raised to believe discussing income, debt, or financial challenges was impolite—or even taboo. The result? A "figure it out yourself" approach to investing, buying a home, managing debt… and making costly mistakes along the way.

Money shouldn't be treated as a secret. It's a skillset—one that can be learned and improved through transparency. When we're open about it, we better prepare the next generation for the real cost of life and how it actually works.

Talking about money leads to better outcomes:

1. Faster Financial Learning
Removing stigma accelerates education. Gen Z doesn't just consume financial content—they question it, discuss it, and test it with peers, creating a faster path to financial literacy.

2. Greater Accountability
Open conversations create follow-through. Sharing goals makes people more likely to stick to them—unlike past generations, where financial struggles were often hidden.

3. Reduced Financial Shame
Openness normalizes student debt, early mistakes, and imperfect starts. When shame is reduced, people ask for help sooner—before issues compound.

4. More Informed Career Decisions
Salary transparency is reshaping the workforce. Gen Z is more likely to compare compensation, spot gaps, and negotiate—reducing costly information gaps over time.

The flip side? Not all advice is good advice.

More conversation doesn't always mean better guidance. There's no shortage of:
• Oversimplified strategies
• Trend-driven decisions
• Misinformation posing as expertise
That's why professional guidance matters more—not less. Because clients don't need fewer conversations about money.

They need better ones.

Maybe the real question isn't whether Gen Z is "too open" about money. It's whether previous generations were too quiet.

🍻 Three years, many hangovers.Of the major global alcohol producers, only one managed a positive total return over the l...
05/07/2026

🍻 Three years, many hangovers.

Of the major global alcohol producers, only one managed a positive total return over the last three years, while the S&P 500 surged nearly +83%.

Tough stretch for the sector… though at least shareholders can drown their sorrows in company product...

Not every client is the right fit. And that's a good thing.There's a big difference between building a book of business ...
05/04/2026

Not every client is the right fit. And that's a good thing.
There's a big difference between building a book of business and building a wealth planning practice. One is about volume. The other is about value.

Early in my career, the message was simple: bring in assets, grow the book, hit the number. And that works — until it doesn't. Because when your only measure of success is revenue, clients become transactions. Reviews become just compliance checkmarks. And planning becomes an afterthought.

Clients I want to work with aren't just looking for someone to place trades or park their savings. They're looking for someone who will:
• Understand their full financial picture — not just a portfolio
• Coordinate across tax, insurance, estate, and retirement planning
• Have the hard conversations about risk, spending, and legacy
• Be proactive — not just reactive when markets move

That's wealth planning. And it requires a different kind of relationship.

It also means I'm not the right fit for everyone — and that's okay. Because the clients who align with this approach get better outcomes. They're more engaged. More informed. And more confident in the decisions they're making.

If you're looking for someone to just manage money, there are plenty of options.

But if you're looking for someone to help you build, protect, and transfer wealth with intention — that's the conversation I want to have.

You spend 50+ hours a week working to earn money — finding new ways to increase your income, upgrading skills, and putti...
04/15/2026

You spend 50+ hours a week working to earn money — finding new ways to increase your income, upgrading skills, and putting in the effort to get ahead.
But how much time are you actually spending making sure that money is being managed properly?

What's the point of all that work if you're not intentional about how your money is being cared for, protected, and put to work on your behalf?

Because once that money hits your account, the job isn't done — it's just changed. That's when your money should start working just as hard as you did to earn it. At that point, you're the CEO, and your finances are the business you're responsible for running.

Running it well means turning income into intention: aligning your spending, saving, investing, taxes, and protection with clear, meaningful goals — not vague outcomes or good intentions that are easy to ignore when life gets busy.

A clear financial plan, built with the right advisor, is what connects your effort today to lasting progress tomorrow.

The most common TFSA mistake I see? Treating it like a "play money" account. In and out trading. Parking cash short term...
04/08/2026

The most common TFSA mistake I see? Treating it like a "play money" account. In and out trading. Parking cash short term. Taking unnecessary risk because "it's only my TFSA."

The TFSA is one of the most powerful planning tools Canadians have — but only if it's used the right way.

✅ Tax free growth for life
Every dollar of growth, dividends, and capital gains earned inside a TFSA is never taxed.

✅ Tax free income in retirement
Unlike pensions or RRSPs, TFSA withdrawals don't affect:
• OAS
• GIS
• Age based benefits
• Your marginal tax rate
That makes the TFSA one of the most flexible retirement income tools available.

✅ Maximum flexibility (with minimum rules)
No minimum withdrawals. No age limit. Money can be moved to RRSP or FHSA with no consequences and replaced the following year.

✅ Powerful estate & legacy planning
With a named beneficiary or successor holder, a TFSA can:
• Bypass probate
• Transfer efficiently to a spouse
• Deliver tax free value to heirs
Simple, Clean and Effective.

✅ It rewards patience, not speculation
Because the TFSA shelters growth, it's often best reserved for long term investments with real compounding potential — not short term bets.

The TFSA isn't "bonus money." It's prime real estate in your financial plan. Treat it that way. If you're not sure whether your TFSA is working as hard as it could — that's a conversation worth having.

There is a lot of talk right now on energy prices and how they are affecting the markets and household spending. In look...
04/02/2026

There is a lot of talk right now on energy prices and how they are affecting the markets and household spending. In looking to the futures market, traders are clearly thinking this price spike will be relatively short-lived.

Practically speaking, oil prices affect our budgets but far less than they did 50 years ago. In the 1970s energy spending was estimated to take up around 6% of household spending and this has since falling to just under 3%, thanks to more efficient vehicles, heating, etc.

Market drawdowns are uncomfortable — but they're normal.📉 The Drawdown chart is a powerful reminder that periods of mark...
03/27/2026

Market drawdowns are uncomfortable — but they're normal.

📉 The Drawdown chart is a powerful reminder that periods of market declines happen frequently. Even strong, long‑term markets experience setbacks along the way. Pullbacks of 5%, 10%, or more are not failures — they're part of the investment journey.

📈 The Total Return chart shows why patience matters. Despite recessions, market corrections, and crises over the past 30+ years, global equity markets have continued to grow and reward investors who stayed invested and focused on the long term.

✅ The takeaway:
• Short‑term volatility is the cost of long‑term returns
• Trying to time every downturn is far harder than staying disciplined
• History consistently rewards patience, diversification, and perspective

Successful investing isn't about avoiding drawdowns — it's about having a plan that helps you move through them.

This chart tells a clear story.While the S&P 500 is roughly flat (+0.4%) YTD, many large private investment companies ar...
02/20/2026

This chart tells a clear story.

While the S&P 500 is roughly flat (+0.4%) YTD, many large private investment companies are down 17%–30% over the same period:

Blackstone (BX): ~‑17%
Apollo (APO): ~‑18%
Ares (ARES): ~‑20%
KKR (KKR): ~‑20%
Blue Owl (OWL): ~‑22%
TPG (TPG): ~‑29%

If you found yourself being pitched on yet another private investment idea recently, then now you know why.

Address

Suite 2300 — Scotia Place Tower 1, 10060 Jasper Avenue NW
Edmonton, AB
T5J3R8

Opening Hours

Monday 8am - 4pm
Tuesday 8am - 4pm
Wednesday 8am - 4pm
Thursday 8am - 4pm
Friday 8am - 4pm

Telephone

+17804142505

Website

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