COVID-19 Update from MFG

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March 17, 2020

 

Dear clients and friends of MFG,

We are carefully monitoring the current novel coronavirus (COVID-19) outbreak. We must take appropriate actions to limit the impact of the virus on our community, particularly by focusing on the safety of our clients, employees and their families.

We have instituted our business continuity plan with a view to proactively anticipate and respond to any potential for business interruption, including restricted business travel, work from home protocols where appropriate, and encouraging the use of video and teleconference for interactions. We are also implementing social distancing measures that will also help reduce the spread of infectious diseases, such as reducing face to face meetings and ensuring our employees can work from home as required so we have a healthy workforce able to maintain our high standard of service. The same applies to our operational specialists who maintain the integrity of our systems and processes. Equally important, we maintain strong safeguards on information and identity.

We want to ensure that there are no interruptions or delays in contacting any of our MFG team members. Please find below our mobile #’s:

 

 Mark Meckelborg (306) 270-2221
 Mark Teal (306) 251-2429
 Benoit Gaudet (306) 229-1883
 Mindy Meckelborg (306) 380-4780
 Richie Stanviloff (306) 341-2814
 Zach Sim (306) 361-5228

 

Trade instructions will not be accepted via email or text, therefore please ensure you contact us by phone to verbally confirm your order.

Should there be further developments with COVID-19 that prevent access to our physical premises or disruptions with mail delivery by Canada Post, courier or messenger services, this may impact our ability to receive physical cheques. As a reminder, you can set up an “electronic bill payments” with your applicable banking institution should you wish to make an online deposit.

While the COVID-19 situation is ongoing, we are increasingly aware of its impact on both the global and local markets in which our clients operate. Our efforts will ensure that we are able to provide the highest level of client service while positioning ourselves to take advantage of the market opportunities that lie ahead.

 

We wish you all health and safety throughout the coming weeks.

The MFG Team

 

 

MFG – covid letter – March 17, 2020

5 Reasons for an RRSP

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There are some great reasons to open a Registered Retirement Savings Plan (RRSP) to save for your retirement. Here are the top 5 reasons to open an RRSP:

 

Contributions are tax deductible

You can claim your RRSP contribution as a deduction on your tax return and even carry forward unused space to a future year where you may have a higher income. All of this combined means that your retirement savings pot can grow even faster.

 

Savings grow tax free

You won’t pay any tax on investment earnings as long as they stay in your RRSP. This tax-free compounding allows your savings to grow faster.

 

Convert RRSP to receive regular payments

You are able to convert the money saved in your RRSP into a RRIF or annuity when your time comes to retire. You’ll pay tax on the regular payments you receive each year- but if you’re in a lower tax bracket in retirement, you’ll pay less tax.

 

Spousal RRSP can reduce your combined tax

Reduce your combined tax burden. If you are married and you earn more money that your spouse, a spousal RRSP may benefit you as you can add to their tax-free savings to build a joint retirement income which is likely to mean that you pay less tax in the long run.

 

Borrow from RRSP to buy your first home or pay for your education

You can borrow money from your RRSP under certain conditions

 

If you want to buy your first home (Home Buyer’s Plan) or pay for your education (Lifelong Learning Plan), you can take out up to $35,000 (HBP) or $20,000 (LLP) respectively from your RRSP to fund it without paying tax on the withdrawals (providing that the money is paid back within the specified time).

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.

 

update: position has been filled

Evolution of Dental Medicine Summit hosted by The Aurum Group

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MFG is headed to Whistler!

We’re excited to be a sponsor of the 2019 Evolution of Dental Medicine Summit hosted by The Aurum Group.
This event, which runs from November 7-9, is a chance for those in the dental and medical professions to enhance both their personal and professional lives by gaining access to world leaders in medicine, technology and business.

 

 

This is Aurum’s third Summit (2015/2017/2019) and we’re proud to have been a part of each one! To learn more, please click on the below link:

Link
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