MCO Private Wealth

MCO Private Wealth Specialized Tax Planning for Canadian Business Owners

Zael Miransky, CFP, President - LinkedIn Value isn't infinite, so what do you do to keep clients engaged?You constantly ...
01/27/2025

Zael Miransky, CFP, President - LinkedIn

Value isn't infinite, so what do you do to keep clients engaged?

You constantly update the plan
You stay engaged in their life
You offer advice and guidance where you can
You don't overcharge just because your brokerage needs to get paid too

Accept that you can't constantly bring value

If you're a great advisor, after a few years, your value will cap

MCO Private Wealth

We know our worth

If you're a client interested in finding out if your advisor is bringing value, reach out

If you're an advisor interested in finding out if your brokerage is taking too much from your clients and bringing you no value, reach out

Zael Miransky, CFP, President - LinkedIn We couldn't be more privileged to have a fantastic working relationship with Fi...
01/27/2025

Zael Miransky, CFP, President - LinkedIn

We couldn't be more privileged to have a fantastic working relationship with Fidelity Canada

It is with great pleasure we can educate our friends, family and clients.

Brendan Sims CPA, CA with the help of Adam Lane will speak to understanding crypto and its position (if any) in portfolios, currency and stores of value

We hope you'll join us and MCO Private Wealth to expand your knowledge on February 12th at 6pm

RSVP to myself, Nathan Clarke, CFP or Isobel T.

Zael Miransky, CFP, President - LinkedInIf an advisor is trying to convince you to become a client solely based on retur...
01/21/2025

Zael Miransky, CFP, President - LinkedIn

If an advisor is trying to convince you to become a client solely based on returns, laugh and walk away

You know how easy it is to tell you how much better you could have done if you were their client when they have your statement in front of them?

I promise you, no matter what statement you present me with, I can find an investment that out performed it

Here are 5 very strong reasons for leaving your advisor

1) You haven't spoken to them in over a year
2) They don't focus on tax planning
3) They haven't built an easy to understand but detailed financial plan
4) They never stop talking in a meeting and will tell you how great they are
5) They won't answer the questions you have, they talk around them

MCO Private Wealth

We are smart enough to know there is always someone smarter, but probably not as thorough

Reach out if you have questions about financial planning or our process

Zael Miransky, CFP, President - LinkedInScammers aren't the brightest group, but they certainly aren't dumbThey know thi...
01/21/2025

Zael Miransky, CFP, President - LinkedIn

Scammers aren't the brightest group, but they certainly aren't dumb

They know this message will hit it's intended target

I am not it's intended target

I am too young to receive a pension

But not too young to understand the terror of a message like this being received by someone older and vulnerable

Canadians, we have to look out for one another

No one elderly should be preyed on because they don't know where to turn to for advice

If you're financially literate and know elderly people who are not, do your best to teach them what a scam looks like

But more importantly, teach them there is no shame in asking someone for help if they are confused

Be that resource everyone can use

That's our motto MCO Private Wealth

Education over alienation

Zael Miransky, CFP, President - LinkedIn"All financial planning software is garbage"Why?Because the advisors using it do...
01/20/2025

Zael Miransky, CFP, President - LinkedIn

"All financial planning software is garbage"

Why?

Because the advisors using it don't know what they are doing

Conquest Planning Inc. and InvestCloud, Inc. are both fantastic tools in the right hands

But completely useless in the wrong hands

So before you say that the tool is bad

Take a good hard look at yourself

Do you know what you're doing?

Let me share with you 3 quotes we received last week when utilizing MCO Private Wealth's teams skills in presenting plan

"This is the first time I have truly understood how and when I can retire"

"Thank you for not sending me a 50 page report, but live demonstrating the 5 reports you think are most useful"

"Nathan Clarke, CFP is definitely smarter than you, Zael. But you hired him, so maybe you're actually the genius"

If you're looking for an advisor or business partner who can make your client life so much easier

Or make you so much better of a planner

Reach out

We want to help

Zael Miransky, CFP, President - LinkedInDid you know that small permanent life insurance policies get cancelled over twi...
01/20/2025

Zael Miransky, CFP, President - LinkedIn

Did you know that small permanent life insurance policies get cancelled over twice as often as large ones?

Why?

Because a bunch of crappy advisors sell life insurance to people who can't afford them for their own gain

Want to know more information?

Erin McKee is a genius, self appointed nerd, with all the data

Erin, can you put it all below?

You're the best

MCO Private Wealth we embody our inner Erin

We never embody hustling the lower and middle class for monetary gain

If you're a smaller client who bought and had to cancel a permanent policy because you were sold it on the basis of lies and deception, reach out

I would be happy to help you with recourse for no cost to you

Only to the advisor who sold it to you

Zael Miransky, CFP, President - LinkedInWhat is critical illness insurance?A necessary evil, if you read the headline be...
01/18/2025

Zael Miransky, CFP, President - LinkedIn

What is critical illness insurance?

A necessary evil, if you read the headline below

So what is it?

It's a type of insurance that allows for an almost immediate payout once diagnosed with over 20 plus "dread" diseases

Most of the claims come from cancer, stroke and heart attacks, but there are many others

So while I may talk a lot of crap about permanent insurance being sold to the wrong people

There is almost the opposite problem with critical illness

You can't really sell CI to the wrong person

We, as Canadians, can all use it

Those permanent insurance dollars should be allocated to critical illness in most cases

Why would a human insure the risk of death, before they insure the risk of living?

Simple answer

Most insurance advisors are under qualified, not knowledgeable and care more about the big pay cheque than proper planning

If you want an insurance review, reach out to us at MCO Private Wealth

You don't need permanent insurance, before you need critical illness

That's almost a guarantee

Zael Miransky, CFP, President - LinkedInSending a cold sales pitch is like asking a complete stranger to marry youOn the...
01/18/2025

Zael Miransky, CFP, President - LinkedIn

Sending a cold sales pitch is like asking a complete stranger to marry you

On the opposite end

Imagine if in the real world, if no one ever communicated past looking at each other

This is what you're doing when you look at a profile, but do nothing about it

Sure, maybe you're just there for the creep, but in my opinion, that's kind of weird

Professional "dating" goes as follows

Here are 5 things you must do

View a profile
Add the person and say hello
Develop a relationship
See if there is an opportunity to chat in more detail
Learn about their business model and see if there is a chance for collaboration

Here are 5 things you shouldn't do

View a profile
Add the profile
Send super aggressive cold sales pitch
Not read the response
Get mad when the person ignores you or says no

I see both happening daily

If you want advice on building your brand, practice or business

I would be happy to chat

If you just want to creep, I won't let you

You're going to get added by me

I want to know what fascinated you to look at my profile

That way MCO Private Wealth and I can be better

After all, isn't that why we're all here?

To be better

If you want to know the best CFPs in the country, reach out

My practice is developing for many reasons but one great reason is my network.....

You can find them here

The Financial Planning Association of Canada

01/17/2025

Zael Miransky, CFP, President - LinkedIn

Insurance advisors are not .....

Financial Planners
Financial Consultants
Financial Advisors

Do not take comprehensive financial advice from someone whose only means to monetize a client is selling them insurance products

By all means, buy insurance from insurance advisors, but please....

Stop there

In the words of Jason M. Pereira

Full stop

Title regulation has never been more important as more Garbage Financial Impacts (GFI) enter Canada

More qualified advice please

Less MLMs

I have been told to worry about my clients by advisors in these organizations

This is what I will always say...

Zael Miransky, CFP, President - LinkedInNo one cares what their financial planner dresses like anymoreNo one gives a sh*...
01/17/2025

Zael Miransky, CFP, President - LinkedIn

No one cares what their financial planner dresses like anymore

No one gives a sh*t about a suit and tie

They want to know 3 things

- Can you help them
- Do you understand them
- Can you make it easy to understand

I have closed more business in a t-shirt in the last 12 months than I did in a suit in my first 10 years

Be real
Be intelligent
Be authentic
Be caring
Be you

Clothes don't make the man anymore, or the woman

The only people who believe that are the ones who have nothing to offer, but their clothes

We choose to close carefully

We don't choose our clothes carefully

How do you dress in meetings these days?

This is how I show up to meetings these days

No tie, no shoes, add baby

Zael Miransky, CFP, President - LinkedIn I have spoken to dozens of agents from insurance MLMs, all of them shocked when...
01/15/2025

Zael Miransky, CFP, President - LinkedIn

I have spoken to dozens of agents from insurance MLMs, all of them shocked when I tell them I've never sold a policy that got cancelled in less than 5 years

What the hell is going on with these companies?

How is this allowed to happen?

What insurance companies are these MLMs using

Please tell me so I can give them 0 business

I won't support a company that supports that non sense

MCO Private Wealth specializes in proper insurance planning

We have a reputation and integrity that means more to us than money

Zael Miransky, CFP, President - LinkedIn It's as simple as these steps to improve your financial well being, because no ...
01/15/2025

Zael Miransky, CFP, President - LinkedIn

It's as simple as these steps to improve your financial well being, because no one is coming to save you

Here are 10 you can take right now to improve your financial situation

1) make a budget
2) reduce mortgage payments to pay off high interest debt
3) understand the fees you pay your advisors and the value you get
4) review your taxes for missed deductions and opportunities
5) get out of embedded fee products (advisory fees are tax deductible)
6) invest in your own financial literacy
7) get outside and enjoy nature, it's free and very relaxing
8) stop buying s**t you don't need for the dopamine hit
9) Stop drinking alcohol at restaurants
10) My least favourite, work more hours

Nothing will change if you change nothing

You have the power to turn your financial life around

But it won't be easy

You need a great team around you

MCO Private Wealth

We have helped hundreds of Canadians improve their situations

Ask us how

Address

100 Mural Street, #201
Richmond Hill, ON

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Website

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