Business owners have a unique relationship to risk.

Owners become successful by taking a risk, but they often stay successful by mitigating risk thereafter.

A vital part of creating enduring wealth and success is integrating personal and corporate capital in a way that discerns unnecessary risk.

As acknowledged pioneers in Individual Pension Plans, Retirement Compensation Arrangements and insurance planning strategies, we ensure that you have the right structures in place to take full advantage of the opportunities available to you as an owner, while mitigating the risk in your personal and corporate wealth.

Click below to read our Case Study:

  • The Background

    A business owner planned to retire in 10-15 years. Her business was providing her a steady cash flow and, eventually, a large lump sum when she decides to sell. Still, she maximized her annual RSP deductions in preparation for retirement.

    The Issue

    Her business had good projections for the coming years, but her biggest priorities as an owner, especially when it came to retirement, were risk and tax. She wanted multiple sources of income that would add stability and control taxation at every opportunity.

    The Solution

    After having a closer look at her finances, we decided that an Individual Pension Plan would be the best way to make her retirement plan more predictable and tax-efficient. That's because the contribution limit for the IPP was much higher and was tax deductible to her incorporated business, among other benefits.

    Overall, her new plan has allowed her to accumulate tax-sheltered retirement funding at a much faster rate than she could with her RSP, making it easier for her to plan for and support her retirement lifestyle.

"When I came to Coleman Wealth there was a lot I wanted to do with my wealth, and it seemed little time to do it in. They put in the effort to find the strategies that would make all this happen, and took the time to show me how."
Jonathan M.
Chief Financial Officer
Toronto, ON