Chris MerrickApr 174 min7 Mistakes That Make or Break Small BusinessesAnne McAuley Lopez March 31, 2022 What’s the true failure rate of small businesses? Well, it depends on who you ask and whether it...
Chris MerrickMar 11 minRESP for your ChildrenToday we are going to review some of the basics of this plan and how it can help your family. To start off, anyone can open an RESP for a...
Chris MerrickDec 9, 20211 minToronto Blogs - Best Financial PlannersWe are happy to announce that Merrick Financial Inc. has been announced as one of the best financial planners in Toronto by Toronto...
Chris MerrickNov 16, 20211 minWhat is a Pension Plan in Canada?The following are the major types of pension plans in Canada: - Defined Benefit Pension Plan - this is the most generous type of plan...
Chris MerrickNov 16, 20211 minInvestment AnalysisWhen an investment analysis is done on your account it should include the following: - Asset Allocation - it is important to have the...
Chris MerrickOct 22, 20211 minHow are Dividends Taxed in Canada?When you receive a dividend, which is a regular payment of profit made to investors who own a company's stock, it can be in two forms: -...
Chris MerrickOct 22, 20211 minHow to Save for Retirement?The following are the major ways that Canadians can save for retirement: - Defined benefit or defined contribution pension plan - if your...
Chris MerrickSep 17, 20212 minBusiness Owner Planning Issues- There are many issues that affect a business owner that can require the advice of a professional financial planner: - If you are...
Chris MerrickSep 17, 20211 minMethods of Paying Off Your Debt- If you have multiple sources of debt and each of them carry a balance there are two different ways to approach the situation. -...
Chris MerrickJul 26, 20211 minRetirement Sources of Income - Merrick Financial IncSome of the main sources of income in retirement are: Canada Pension Plan - most people pay into this during their lifetime and are...
Chris MerrickJul 16, 20211 minDo I Need an Analysis of my Investments?If you're getting a high rate of return that you are happy with then probably not. However, if you're like most people there is always...
Chris MerrickJul 8, 20211 minEstate Basics Everyone Should HaveEveryone, no matter their stage in life, should have some of the estate basics completed. They are as follows: A will. This basically...
Chris MerrickJun 28, 20211 minThe Best Toronto - The 10 Best Financial Planners in TorontoWe would like to thank The Best Toronto for finding that we are among the top 10 financial planners in Toronto! After doing a search of...
Chris MerrickMay 28, 20211 minMost common mistakes people make with their financesThere are a few common mistakes that people make with their finances. Being overconfident - when the market rises, rises and rises it...
Chris MerrickApr 2, 20212 minSaving for a House Strategy - Home Buyers’ Plan (HBP)As prices of real estate rise greatly across the GTA, there is one way to make your home more affordable. The Home Buyers’ Plan (HBP)...
Chris MerrickSep 3, 20201 minWhy did I decide to be a financial planner?As a successful former medium sized manufacturing company business owner Chris is ideally situated to offer financial advice to everyone...
Chris MerrickJun 19, 20201 minBenefits of working with a fee only financial plannerThe main benefit is that you are getting expert, unbiased advice that is not mixed up with product sales. There are many financial...
Chris MerrickApr 10, 20201 minWhy should I work with a financial planner?Clients come to us when they have a big decision to make and are looking for advice (possibly an inheritance, consideration of a large...