Wagstaff Wealth Management

03/02/2025

RRSP Deadline is Monday for anyone still wanting to contribute! Email me at [email protected] or call (403) 877-8935!

09/07/2024

To all our clients out there we will be doing a hat run in Sept via our good friends over at . Please email [email protected] and we will put you on the list to give to you at our next meeting. If you would like a different color or have an idea for a design please let us know as we are open to new ideas! Thanks everyone for your continued trust in us as your financial planners, tax advisors and investment managers!!

12/24/2022

Merry Christmas and a Happy New Year from your team at WWM!

01/04/2022

TFSA limits have now increased $6,000 plus any prior limit you might have and RRSP deductions are still eligible until the end of February for the tax deduction on 2021 taxes!

If you have any questions read the article below or contact us at (403) 877-8935 or [email protected]!

Most individuals saving for retirement will hold investments inside one of these two types of investment accounts. They aren’t the same as a bank account – think of them as a basket where you keep a variety of investment assets like the ones mentioned above. RRSP – Registered Retirement Saving...

09/29/2021

Interesting article by one of our partners EdgePoint Wealth Management. Shows some critical stats on the value of financial advice and the cost of long term outperformance in the marketplace.

As we enter fall and the market dynamics are changing fast, it's important to sit down with your financial advisor and make sure your plan suits your long term goals and your investment risk is suitable for you as an investor.

We offer customized portfolios, financial planning and tax planning all in a cost effective package for clients looking to grow their wealth effectively over time. If you are questioning whether your existing investments are keeping up it might be time to review your portfolio and make sure you are getting the best risk adjusted performance in a cost effective manner. For a free review of your existing portfolio or to discuss your financial plan please contact Shane Wagstaff, BComm CPA CFP at (403) 877-8935 or [email protected]. Thanks!

04/19/2021

With markets again reaching for all time highs it takes a prudent investor or advisor to think about where we are at and where we could go from here.

One of our investment partners, EdgePoint Wealth Management, has a short and relatively informative article I thought I would share (See below).

Our practice specializes in well diversified retirement portfolios tailored to your risk tolerance and goals. We work with all of the top money managers including TD, RBC, BMO, EdgePoint, Vanguard, Fidelity, Capital Group, iA Clarington, Canoe, PIMCO, Mackenzie and more!

This allows us to architect a custom portfolio suited to your exact needs without bias and we offer this service at a competitive management fee that will beat any bank or institution providing an active management strategy (even though we partner with banks at the top level, we skip all the branch level advisors and middle men to get a reduced management fee). You also receive customized financial planning and advisory from a CPA/CFP professional that goes above and beyond industry standard. Our portfolios are all eligible for TFSAs, RRSPs, RRIFs, LIRAs, corporations, etc as well.

We work extensively with high net worth individuals, small to mid sized businesses, farms and oilfield clients.

If you are wondering how much risk your portfolio is carrying and want a professional second opinion feel free to contact Shane Wagstaff, BComm CPA CFP for a free consultation at (403) 877-8935 or [email protected]. Thanks!

This quarter, investment analyst George Droulias looks at why 2020 truly was a year to forget from an investment perspective.

02/18/2021

The RRSP deadline of March 1st is fast approaching!

All contributions before this date will be deductible on your 2020 tax return rather than waiting until 2021 for deductibility.

For questions or to contribute to an customized investment plan please contact us at (403) 877-8935 or [email protected]!

01/31/2021

One month left in RRSP season! Wondering how much you could get back?? Here's a quick schedule to calculate your additional refund from RRSP deductions based on your tax bracket below:

first $48,535 25.0%
over $48,535 up to $97,069 30.5%
over $97,069 up to $131,220 36.0%
over $131,220 up to $150,473 38.0%
over $150,473 up to $157,464 41.0%
over $157,464 up to $209,952 42.0%
over $209,952 up to $214,368 43.0%
over $214,368 up to $314,928 47.0%
over $314,928 48.0%

The largest tax bracket jump (from 30.5% to 36%) is for those with taxable income over $97,069. For example, a $10,000 RRSP contribution would yield an additional refund of $3,600 for anyone in this bracket. On top of that, you can feel good about putting money away for your retirement and growing it without tax implications until retirement.

To learn more or book a free consultation please contact Shane Wagstaff, BComm CPA CFP at (403) 877-8935 or [email protected]! We offer a full suite of financial planning services and investment management tailored just for you!

01/05/2021

With the New Year finally here we now have an additional $6,000 in TFSA room for all Canadian's over 18!

For those that haven't started a TFSA before you would also have a potential maximum contribution limit of $75,500 which holds substantial potential for tax free growth over the long term. TFSA limits are also reset from prior years for those who have contributed or withdrawn from their TFSA.

TFSAs are one of the most under utilized tools in Canada with over half of eligible Canadian's not using a TFSA. If invested correctly, the TFSA can provide incredible long term growth for those starting early and maxing them out annually.

For details on how a TFSA can be an important part of your financial future feel free to contact Shane Wagstaff, BComm CPA CFP at (403) 877-8935 or [email protected]!

12/20/2020

Congrats to Andrea Kozak for winning our Christmas giveaway!

12/05/2020