While Covid-19 has stopped the world in its tracks and many Canadians are feeling the stress of volatile markets, job insecurity, or loss of income, the good news is: we are here to see you through these tough times.  Business might just look a little different!

Technology is making it possible for clients to receive the same quality of advice and service they received pre-pandemic.  Here are a few options you have for working with us remotely:

  • Video meetings using programs such as Zoom or Microsoft Teams. You can have the comfort of a face to face meeting in the safety of your own home.  Screen sharing capabilities make it possible to share financial planning projections and other important information that may normally be presented in person.
  • E-signature and digital document capabilities have made it possible to open new accounts remotely and make important changes to your investments that may otherwise require a physical signature.
  • E-delivery for insurance policies from some carriers.
  • Electronic delivery for fund fact and disclosure documents for new investment accounts.
  • If you prefer physical copies of any documents, most can be mailed or curbside pickup can be arranged.
  • Phone calls and emailing remains an effective use of communication. Many documents can be scanned and emailed for signatures.

There are circumstances that may require an in-person meeting.  As restrictions ease throughout the country it may be possible to have a socially distanced meeting while adhering to safety guidelines such as:

  • Maintain physical distancing during the meeting
  • Sanitize your hands before entering the office and when you leave
  • You may choose to wear a mask
  • You may choose to use your own pen if a signature is required

While everyone is adapting to this new way of life, rest assured that you are our top priority.  We are dedicated to providing quality advice, support and exemplary service to new and current clients as we navigate difficult market conditions and protect the health and safety of all involved.

Investing During Covid-19

While many investors see this as a time to shy away from the markets, others see it as an opportunity to make money and hunt for a bargain.  Before investing in today’s markets, there are some additional things to consider:

  • Emergency fund – The pandemic has highlighted the importance of having an emergency fund: enough savings to cover three to six months expenses so that you don’t have to use retirement savings, credit or loans.  If this is something you still need to build or are dipping into right now, it might be smart to focus on growing your savings or preserving capital rather than taking investment risks.
  • Time horizon – Will you need this money in the next five to ten years?  If yes, talk to your advisor about how to make that money work for you while protecting it from market volatility.
  • Strategy – Seasons like these may contribute to reevaluating our risk tolerance and investment objectives, among other things.  It may be time to (re)examine your investment strategy, expectations and financial goals.

This material is provided for general information and is subject to change without notice. Every effort has been made to compile this material from reliable sources however no warranty can be made as to its accuracy or completeness. Before acting on any of the above, please make sure to see a professional advisor for individual financial advice based on your personal circumstances.