Sam Lichtman, Financial Planner - CFP

03/23/2025

Don’t want to hire a financial advisor? Here are some tools and resources that will allow you to take control of your wealth.

Investment analysis:

Vanguard Fund Compare tool

Compares public mutual funds and ETFs to allow you to see risk, fees, past returns and more.

Money Mindset:

Psychology of Money by Morgan Housel

Business owners read Profit First by Mike Michalowicz.

Retirement Planning Tools

PWL Capital Retirement Income Software

https://research-tools.pwlcapital.com/

DIY Financial Planning

Adviice Financial Planning Platform

https://adviice.ca/

Advanced Financial Planning Strategies

Wealth Planning Strategies for Canadians latest edition by Christine Van Cauwenberghe, KC

Some people to follow for topical content on all platforms.

Me, Mark McGrath, CFP®, CIM® Jason M. Pereira , Benjamin Felix ,

Podcasts to listen to that will elevate your financial literacy:

Millennial Money Canada, Rational Reminder, Financial Planning for Canadian Business Owners

Lots of great content out there this is a fantastic start

05/08/2024

If you own a business with a partner, check out our free webinar this evening.

We are hosting a live webinar tonight with lawyer Trevor Parry where we will discuss shareholder agreements.

These agreements are crucial to determining business valuations, buyouts on disability or death of a shareholder, how to structure them to avoid disputes etc.

Click to register:

Learn how to manage your wealth as a millennial at our events! Hear from experts in the financial planning industry & get connected with us today to plan ahead.

03/27/2024

I’m thrilled to be selected as a finalist for the IFSE Institute award for the Financial Literacy Champion in Canada.

Good luck to everyone selected.

Blue Oceans Private Wealth - iA Private Wealth Britton Wealth Management Caldwell Private Wealth Team Cumberland Perron & Partners Great Lakes Wealth - iA Private Wealth NASH Family Wealth Management - National Bank Financial RR Wealth Management SK Financial Group - CIBC Wood Gundy Team Kelvin Ramp...

09/11/2023

Thanks to the Toronto Star for featuring my comments on the future of financial advice.

Some organizations want you to believe that the only way young Canadians can get service is by financial sales people selling them products that charge high commissions.

There is a better way, a subscription model can solve this issue, the problem is that it’s not profitable for banks or insurance companies so there will be a lot of pushback on it I’m sure.

Canadians are seeing through the red tape to understand exactly how much these institutions are charging them. Now they have options.

Personal Finance Want to invest but not sure where to start? A monthly subscription model for financial advice may be for you Subscribing monthly for financial advice, experts says, is one way for young investors without large portfolios to get in the game. Susan Kao / Toronto star photo illustratio...

09/13/2022

I’m excited to be speaking as part of a panel at the WealthStack conference in Toronto next month. The topic will be Authenticity + Amplification: Leveraging Digital to Make Meaningful Connections.

Speaker profile for Sam Lichtman CFP

08/22/2022

In the midst of building my new website, I asked for reviews from recent clients. Here are 3 reviews from amazing clients I will be featuring on my website.

05/27/2022

It’s quite an honour to be in the same category as these other professionals. Regardless of the outcome.

Who among these promising young professionals will win the Advocis Award for Young Achiever of the Year at the 2022 Wealth Professional Awards?

Congratulations to all the Excellence Awardees!
✯Carla Black of Investment Planning Counsel
✯Evelyn Yung of Nicola Wealth
✯Hwan Young Kim of Edward Jones
✯Jas Sandhu of Manulife Securities Inc. and Blackwater Advisors
✯Joseph Alfie of Myriad Private Wealth, iA Private Wealth
✯Kate Murdoch of Ridd & Associates Wealth Advisory Group
✯Kristen Zubko of Edward Jones
✯Marc Sabourin of Winnipeg Financial Planning, Harbourfront Wealth Management
✯Marie-Eve Yelle of Desjardins Securities
✯Ralph Nour of Nour Private Wealth
✯Samuel Lichtman of Achieve Wealth Management
✯Vinesh Pandya of Alterna Savings

Come dressed in your best on June 1, 2022, at the Liberty Grand Toronto.
Learn more: https://hubs.ly/Q01ckKq_0

05/10/2022

What should we expect the stock market to return in any given calendar year? 5%? 10%?

One thing is certain is that you shouldn't expect it to do it's historical average. In fact the US stock market has almost never returned its historical average. According to Ken Fisher who authored a book called Debunkery, from 1926 - 2009 the historical simple average for the US stock market was 11.7%. In those 84 years it actually only returned an amount close to the average (10-12%) 5 times!!

In Ken Fishers words, "average returns are the extreme". I think prepping clients to receive a certain average sets up false expectations and can induce panic selling during times of volatility.

Even if we think the market will continue to do the "average" the probability of it actually returning the average historical return in any given calendar year is extremely low.

04/05/2022

I am honoured to be named as an excellence awardee in this years Wealth Professional Awards 2022. I am also a finalist for the Young Achiever of the Year Award in Canada 🇨🇦

The wealth management space is competitive and difficult for young people to be successful in. When I co-founded Achieve Wealth Management I did so with the goal of maximizing client outcomes. That meant moving away from things I had become familiar with and starting fresh. Even though I lack the grey hairs that instinctively instill trust, I have learned that when client success is prioritized, good things happen regardless of age.

I’m feeling very grateful today. 🙏🏻