Join our Team: Financial Planner

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Meckelborg Financial Group Ltd (MFG) is a full-service boutique wealth management firm providing discretionary Portfolio Management, Financial Planning and Insurance to our high net-worth families, corporations, foundations and small institutions. MFG is growing and wanting to add a qualified Financial Planner to compliment our team.

Are you looking for an opportunity to work with a forward-thinking organization that continues to raise the bar and create differences in the industry? We are looking for someone who is driven, has an entrepreneurial spirit and is willing to collaborate as a team with a goal of providing the client with a delightful experience.

As a Financial Planner with MFG, you’ll be part of a team whose goal is to deliver solid financial advice and solutions to clients.

The role
• Provide tailor-made financial planning and solutions using retirement software to existing and new clients.
• Present these plans and assist in managing client relationships with ongoing financial planning expertise and services.
• Conduct regular reviews to provide ongoing advice and identify opportunities.
• Be part of the MFG Client Experience Division with the goal of keeping our clients delighted.

What you can expect in return
• Starting salary of $80,000 per year.
• An attractive bonus structure.
• Profit sharing of the company.
• Group benefits.
• A flexible work schedule based on client preference and your own work/life balance.

Skills needed to be successful in this role
• Post-secondary diploma or degree in a related field.
• Minimum 3 years of related experience.
• Financial Planning Designation (CFP or PFP, or equivalent)
• Completion of the CSC course or the will to complete within 6 months of hire.
• Proficiency in Financial Planning software, preferable FP Solutions.
• Networking Skills
• Ability to work in a team environment.

 

MFG’s passion is to make our business more Simple and Easy for our team members to do their jobs and for our clients to do business with us.

At MFG, our goal is to improve the lives of our clients, our team members and our families. We aim to continually improve our business, our team and ourselves so that we can serve and preform at higher levels in all facets or our lives, both personally and professionally, creating improved quality of life for everyone we touch.

If you’re interested in joining a fun & forward-thinking team, please forward your cover letter and résumé to Benoit@mfgltd.com or drop off your resume at our office by February 7th, 2020.

Alignvest Student Housing – Q3 2019 Management Report

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ALIGNVEST STUDENT HOUSING

Please see the attached Q3 management report for Alignvest Student Housing. September is management’s most important month of the year as students are back and classes are starting. We feel management has done a good job over the quarter leasing up the building and achieving better than forecasted operating results. This was primarily reflected in the 10% increase in the Net Operating Income being generated by the properties. In addition, occupancy continues to be very strong with 6 of the 7 buildings achieving a 100% occupancy. Other highlights from the year/quarter include the finalization of a CMHC financing on our Annex property in Ottawa. The terms of the mortgage on the property include a 2.62% interest that is fixed for 10 years. This is very encouraging because in our initial due diligence we were anticipating a 4% cost of debt to achieve our return objectives of 15%+ IRR. Additionally, management continues to be disciplined in their acquisition strategy and we feel that there will be a number of high quality acquisitions done in Q4 2019 and Q1 2020.

The board has approved the issuance of additional equity in order to fund the potential acquisitions. We will be doing an equity closing on December 31, 2019 which will be available to all current unitholders. We hope you feel as excited about the opportunity as we do. Please contact your advisor to discuss in more detail.

 

Q3 Management Report

Alignvest Strategic Partners Fund Quarterly Update

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Q2 2019 Performance

 

  • Alignvest Strategic Partners Fund was up 0.2% (Class F, net of fees) during Q2 2019.  The fund experienced a modest gain during a quarter that proved volatile in terms of swings.  We are generally pleased with the first half of the year, having delivered a return of 6.1% with moderate volatility.

 

Please click below to view our Q2 2019 performance report.

Q2 2019 ASPF Report

 

 

Alignvest Student Housing – Q2 2019 Management Report

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ALIGNVEST STUDENT HOUSING

 

JUNE 30, 2019 – MANAGEMENT REPORT

We are pleased to send you the June 30, 2019 Management Report of Alignvest Student Housing Real Estate Investment Trust (“ASH REIT”). As of June 30, 2019, we have acquired seven of Canada’s premier purpose-built student accommodation properties and have over 3,300 beds worth over $384 million in four markets.

We are focused on the roll-out of best practices across our entire portfolio and we have commenced the integration of our new properties into our operating company. In addition, we are focused on maximizing occupancy at all properties in advance of the upcoming school year and we have spent considerable effort to improve the quality of commercial tenants across our portfolio.

Below is the link to our Management Report. Please let us know if you have any questions.

 

Investment Rationale Management Report