Vice President, Branch Manager, Portfolio Manager & Wealth Advisor
BMO Nesbitt Burns
606 - 4th Avenue South
It’s important that investors monitor the level of risk within their portfolios and, when necessary, make adjustments to their asset mix. While risk cannot be eliminated completely, it can be controlled through regular portfolio reviews and rebalancing your portfolio at the asset, sector and security level. The Importance of Active Portfolio Management explains the types of investment risk and strategies to help you reduce their impact on your portfolio.
Wealth Themes is a monthly compilation of timely articles and tools from our experts and other BMO Financial Group partners.
Having a TFSA works. Get one working for you. Whether you’re saving for a new car, a home purchase, your child’s education or retirement, a TFSA can help you reach your financial goals sooner.
Make better investment choices by understanding and reducing bias. BMO Wealth Management provides insights and strategies around wealth planning and financial decisions to better prepare you for a confident financial future.
Although Canadian snowbirds reside in the U.S. for only a part of the year, there is the potential of being considered a U.S. resident and, in turn, having to pay U.S. income tax on the same basis as a permanent U.S. resident. This article outlines how the U.S. government determines whether you are a resident for income tax purposes; namely, it covers the criteria for meeting the Substantial Presence Test, Closer Connection Exception and the Canada U.S. Income Tax Treaty Tie-Breaker Rules.