Being a business owner requires wearing many hats to keep your business thriving - we personally understand.
Hire Wealth Labs as your all-in-one stop.
We quarterback your financial plan by bringing together your lawyer, accountant, banking, employment benefits & pension, and insurance policies to make sure they all align within your plan.
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We reduce your work, providing up-to-date information for ongoing reviews by automating access to CRA, pension providers, and existing institutions. This lets us do more work in the background and free up your valuable time.
We’re happy to connect in the way that’s best for you. That includes meeting in-person at your home or via video conferencing software.
We do not believe in the traditional business hours model. Most of our clients work during the day which would generally put financial reviews on the back burner. At Wealth Labs, we have weekday evenings and Saturday mornings available by appointment.
Shouldn’t more things in life be this easy?
Health benefits are a key part of any competitive compensation package—and we help you get them right.
We design plans around what your employees truly value, with affordability at the core. Already have a plan in place? We can review it and, if it makes sense, take over as your advisor—often without changing carriers or disrupting your current setup.
As independent brokers, we shop all major carriers to find the best value. Premiums are a business expense for you and a tax-free perk for your employees—making it a smart move for everyone.
Let’s have a practical, no-pressure conversation about what works best for your team.
A strong retirement plan helps attract and retain great employees—and shows you’re invested in their long-term success.
We help you build or improve plans like Group RRSPs and DPSPs, tailored to your budget and your team’s needs. Already have a plan? We can review it and, if it’s a fit, step in as your new advisor—often without switching providers.
As independent advisors, we shop the market for the best options and pricing. Contributions are a deductible business expense, and your employees benefit from tax-deferred growth.
Let’s have a straightforward conversation about what makes sense for your business.
Financial stress at home can lead to distraction and underperformance at work. Our workplace seminars help employees gain confidence with their money—improving focus, morale, and overall well-being.
These sessions are complimentary for businesses where Wealth Labs Inc. is your advisor. For one-time events, custom pricing is available—just reach out to learn more.
We offer engaging, practical Lunch & Learns that cover topics like:
Working with a partner can be advantageous, but there can be a need for contingency planning for the four D’s in business: death, disability, disagreement, and divorce. We can review your Shareholder Agreement and look at funding solutions.
If your loan application has required life insurance in order to be approved, we offer corporate solutions to maximize your Capital Dividend Account (CDA). A portion of the premiums are expendable with potentially lower premiums
You built the business and are now looking at ownership transition. We offer numerous solutions to assist with retirement income planning and minimizing taxes payable.
We help our clients with tax-efficient investments within their incorporated business structure. Just imagine taking the tax savings (even a modest amount) and reinvesting it. That benefit will continue to compound!
Retirement income can come from many sources, including government benefits, holding company, and personal savings. We work with clients to find the most tax-efficient withdrawal strategy from all sources.
We can assist with the personal side of your finances as well. Click your life stage below to see how we can help:
• Married
• Parenthood
• Empty Nest
• Retirement
We put together an investment plan to purchase your first home. As a licensed level 1 mortgage agent, we can help you execute on all levels of the plan - also reducing the paperwork required during the mortgage process.
When running a business, determining your income type (salary vs. dividends), taxation, and government programs (Canada Pension Plan) can feel time consuming. Let us help you with planning your income for your next year, while putting the correct tax amount away.
At Wealth Labs, we partner with registered portfolio managers executing proven strategies designed to maximize your investments.
As registered portfolio managers, they have access to a broad range of investment vehicles. As your fiduciaries, you can know they are always acting in your best interest.
We trust them so much; we use them to grow our personal life savings!
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We offer insurance products directly from all major insurance companies. We believe that to have the best fit, you should have access to the best products at the best price.
The products we offer include:
Whether looking at your first home purchase, refinancing, or your previous mortgage term is coming due, give us a call!
As a licensed mortgage broker with access to 60 lenders, let us find you the best products and rates specific to your situation.
Click here for details
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We learn about you. That includes not only finances, but what is important to you.
We provide different options about the direction based on your goals.
We take direction and implement your plan into action!
Regular check-ins about your needs and concerns wil ensure that your financial plan is relevant for your changing life.
We primarily conduct our financial meetings over video conferencing software for ease of our clients. If you live in Southern Ontario, we will gladly meet with you in person as well.
We are licensed to work with people within the province of Ontario. Our clients currently reach from Ottawa to Windsor.
We do not have sales targets to hit, or investors to pay dividends to. We tie our success to the quality of our service and therefore promise you the best experience possible. Our technology and digital security are all handled by the same major providers that also service the larger incumbents.
Before doing any work, we will schedule a call to get to know each other. We believe there is a significant amount of trust required when working with a financial planner. On our call, tell us what your goals and expectations are for us and we will elaborate on how we specifically can help you!
We review your current benefits package to determine if it matches the needs of your current employee demographic. Additionally, we can get new carrier quotes for your current health benefits to make sure you have both the best price and product.
First we discuss what the available options are. We assist in engaging your employees about what options they find useful. From there we take the quote to market to get the best price then fine-tune the benefits based on your budget. Wealth Labs will then host a seminar for your employees to explain the benefits, and how to use them.
The business owner and two other employees.
Price is $500 for a 1-hour seminar. This includes travel, seminar, and post-seminar follow up that allows employees to send their questions to us directly. Within the presentation, we will include your current health and retirement benefits. This service is included (free) if your group benefits are managed by us.
Life insurance... how does it work? What’s the difference between my coverage at work vs. mortgage insurance vs. personal insurance policies? We have all your answers with pictures included (for all you visual learners)!
We compare RESPs to Scholarship Plans. Spoiler alert, one is much better than the other!
RRSP contribution deadline is March 1st, 2021. Today we visit the exciting world of RRSPs in celebration of RRSP season.
*The following information is for informational purposes only and should not be directly applied to your financial situation without speaking to your Financial Advisor First.
Mortgages are facilitated by BRX Mortgages, FSRA 13463. All mortgage business completed by Benjamin Zavitz, Mortgage Agent Level, license M21001768, under brokerage BRX Mortgages. Wealth Labs Inc. is not associated with the mortgages. Wealth Labs Inc. is also licensed by FSRA as a Life and Accident & Sickness Corporate Agency, license number 40722M.
