In this episode, Brett Cranson and Omari Whyte discuss the evolution of financial advising in a post-COVID world, focusing on the shift to virtual meetings and how it has transformed client interactions. They explore the benefits of virtual meetings, including increased efficiency, enhanced client engagement, and a streamlined onboarding process. The conversation highlights the importance of maintaining strong client relationships and the value of in-person connections, even in a predominantly virtual environment.

Takeaways

• The shift to virtual meetings has increased efficiency.
• Clients can join meetings from anywhere, making scheduling easier.
• Virtual meetings allow for better content delivery and engagement.
• The onboarding process has become more streamlined and effective.
• Regular virtual check-ins enhance client relationships.
• Smaller, focused meetings reduce overwhelm for clients.
• Screen sharing has improved the clarity of presentations.
• In-person meetings are still valuable for deepening relationships.
• The pandemic has accelerated the adoption of virtual advising.
• Maintaining contact is crucial for successful financial planning.

Chapters

00:00 Introduction to Virtual Financial Advising
03:02 The Shift to Virtual Meetings
05:58 Enhancing Client Engagement
08:59 The Client Onboarding Process
14:55 Maintaining Client Relationships
17:54 Conclusion and Future Outlook

LinkedIn Brett Cranson: linkedin.com/in/brettcranson

LinkedIn Omari Whyte: linkedin.com/in/omari-whyte

For business inquiries, please head over to

https://www.uptownwealthmanagement.com
https://www.familyfirstadvisors.ca

email:

brett.cranson@ipcsecurities.com

omari.whyte@familyfirstadvisors.ca

Brett Cranson & Omari Whyte have been helping Canadians with their Financial, Retirement and Estate Planning since 2003. Our office is based in Toronto, ON, Canada - but help Canadians Coast to Coast.

The conversation explores the pros and cons of investing in real estate versus other investment options. It discusses the potential benefits of real estate, such as long-term growth and cash flow, but also highlights the challenges and responsibilities of owning and managing investment properties. The conversation emphasizes the importance of considering factors like market conditions, holding periods, convenience yield, and tax implications when making investment decisions. It concludes by highlighting the flexibility and potential for diversification offered by other investment options.

Chapters

00:00 Introduction and Setting the Stage
04:24 Comparing Cash Flow and Convenience Yield
06:09 Considering Market Conditions and Holding Periods
10:08 Tax Implications: Real Estate vs. Capital Investments
13:34 Flexibility and Diversification in Other Investment Options
17:34 Conclusion and Call to Action

LinkedIn Brett Cranson: linkedin.com/in/brettcranson

LinkedIn Omari Whyte: linkedin.com/in/omari-whyte

For business inquiries, please head over to

https://www.uptownwealthmanagement.com
https://www.familyfirstadvisors.ca

email:

brett.cranson@ipcsecurities.com

omari.whyte@familyfirstadvisors.ca

Brett Cranson & Omari Whyte have been helping Canadians with their Financial, Retirement and Estate Planning since 2003. Our office is based in Toronto, ON, Canada - but help Canadians Coast to Coast.

In this episode of Smart Wealth, Brett and Omari discuss saving for education, specifically for children. They start by highlighting the power of compound interest and early investing, using the example of investing in a hockey stick. They then dive into the details of Registered Education Savings Plans (RESPs) and how they work. They discuss the limitations of RESPs and explore alternative strategies, such as using whole life insurance policies. They emphasize the importance of starting early and diversifying investments for long-term financial success.

Chapters

00:00 Introduction and the Power of Compound Interest
02:58 Understanding Registered Education Savings Plans (RESPs)
08:11 Limitations of RESPs and Alternative Strategies
09:17 Using Whole Life Insurance Policies for Education Savings
18:06 The Importance of Diversification for Long-Term Financial Success


education savings, compound interest, early investing, RESP, whole life insurance, diversification

LinkedIn Brett Cranson: linkedin.com/in/brettcranson

LinkedIn Omari Whyte: linkedin.com/in/omari-whyte

For business inquiries, please head over to

https://www.uptownwealthmanagement.com
https://www.familyfirstadvisors.ca

email:

brett.cranson@ipcsecurities.com

omari.whyte@familyfirstadvisors.ca

Brett Cranson & Omari Whyte have been helping Canadians with their Financial, Retirement and Estate Planning since 2003. Our office is based in Toronto, ON, Canada - but help Canadians Coast to Coast.