Mia Phillips

Mia Phillips Most people spend a lifetime building wealth. Very few have a plan for what happens to it.

I help families across Ontario protect their assets, minimize tax, and leave a legacy.

06/01/2026

Monday mornings…

Almost half your income goes to taxes. 😳And it's not just income tax, it's sales tax, payroll tax, property tax, fuel ta...
05/28/2026

Almost half your income goes to taxes. 😳

And it's not just income tax, it's sales tax, payroll tax, property tax, fuel tax... a lot of it so embedded in the price of things that most people never even notice it's there.

You can't avoid taxes, but you can make sure you're not paying more than you have to. That's where smart planning comes in: things like maximizing your RRSPs, TFSAs, and making sure your overall financial plan is built around keeping more of what you earn.

Are you curious what that could look like for you?

A lot of business owners spend years building revenue, growing teams, and scaling operations……but their personal financi...
05/13/2026

A lot of business owners spend years building revenue, growing teams, and scaling operations…

…but their personal financial strategy never grows with them.

I’ve been having more conversations lately with Ottawa business owners who are:

earning more than they used to,
moving quickly,
reinvesting constantly,
but haven’t had the time to properly structure the bigger picture.

Things like:
• protecting income and the business
• tax-efficient investing
• retirement planning outside of “eventually”
• succession and estate considerations
• making personal and business finances work together strategically

Your business evolving should trigger your financial plan evolving too.

That’s the work I focus on.

If you’re a business owner in Ottawa and have been meaning to get more organized financially, feel free to reach out.

Spent the day as a speed mentor with JA Ottawa, speaking with students about financial health, career readiness, and ent...
05/07/2026

Spent the day as a speed mentor with JA Ottawa, speaking with students about financial health, career readiness, and entrepreneurship.

These conversations are always a good reminder that young people are thinking about money, work, and their futures earlier than we sometimes assume. They have real questions about how to build confidence, make decisions, and understand what options are available to them.

I loved getting the chance to share a bit of my own path, answer questions, and hopefully make the world of finance feel a little more approachable.

Thank you to JA Ottawa for creating spaces where students can connect with professionals, ask questions, and start seeing what is possible for themselves.

Always grateful for opportunities that combine financial education, mentorship, and community impact.

Most people focus on how much they are building.Very few focus on how much gets to their family.In Canada, a $1,000,000 ...
05/04/2026

Most people focus on how much they are building.
Very few focus on how much gets to their family.
In Canada, a $1,000,000 estate can lose $300,000 to $400,000 or more to tax before a single dollar reaches your beneficiaries.
RRSPs fully taxable.
Capital gains on properties.
Probate fees on top of that.
It does not have to be this way.
There are strategies that can dramatically reduce the tax hit on your estate. The families that use them keep far more of what they built.
The ones that don't find out too late.
Have you looked at what your estate actually looks like after tax?
Let's talk about these strategies!

You saved.You invested.You built something real.But here is the question most people never ask:Who gets it when you are ...
04/29/2026

You saved.
You invested.
You built something real.
But here is the question most people never ask:
Who gets it when you are gone?
Not in theory.
Not in your head.
In writing. Legally. With a plan that actually holds up.
Without that, the answer is not up to you.
It is up to a court, a formula, and CRA.
Thirty years of hard work deserves more than that.
Is your wealth set up to reach the people you built it for?

Most people think life insurance is for worst case scenarios.They are only half right.Here is how people actually use it...
04/24/2026

Most people think life insurance is for worst case scenarios.
They are only half right.
Here is how people actually use it:
To replace income if they can no longer work.
To pay off a mortgage so a spouse is not forced to sell.
To cover the tax bill on an estate so assets do not have to be liquidated.
To leave a tax-free lump sum to children or grandchildren.
To fund a buy-sell agreement if a business partner passes away.
The right policy at the right time is one of the most versatile financial tools available.
Most people dismiss it before they understand it.
When did you last have an honest conversation about what yours is actually for?

Your RRSP feels like a gift.You get the deduction on the way in.You watch it grow tax-free for decades.It feels like mon...
04/21/2026

Your RRSP feels like a gift.
You get the deduction on the way in.
You watch it grow tax-free for decades.
It feels like money in the bank.
But when you pass away, the entire balance is added to your income in the year of death.
At your highest marginal rate.
In a single year.
A $500,000 RRSP can trigger a $200,000+ tax bill your family was not expecting.
There are ways to plan around this.
Most people just never get told.
Have you had this conversation with your advisor?
Let's talk about your options!

Great day at the RBC GAM & BlackRock Investment Forum. Always inspiring to connect with industry leaders and dig into th...
03/31/2026

Great day at the RBC GAM & BlackRock Investment Forum. Always inspiring to connect with industry leaders and dig into the big questions shaping global asset management.

Last week at CarletonU and OttawaU!
03/19/2026

Last week at CarletonU and OttawaU!

Address

880 Lady Ellen Place Suite 200
Ottawa, ON
K1Z5L9

Telephone

+15197678693

Website

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