Let us take care of it
There are many good reasons why people choose to have a professional manage their financial affairs. Some just don't have enough time. For others, there are health and lifestyle considerations. Some are busy travelling. And there are those who no longer feel comfortable dealing with important financial issues on their own.
If you're tired of managing your finances instead of enjoying the life they afford you, it may be time to let a professional help you - someone who provides personal, attentive, ongoing service and is focused on your financial affairs.
With Financial Care and Management, your finances are taken care of by an experienced, dedicated Account Manager that you can trust and call on whenever needed. Our service is designed to give you the peace of mind, convenience, and secure income you want.
Working with assets of $300,000 or more, your Account Manager will help minimize your financial concerns and provide a safe and secure stream of income.
Taking care of you and your money
Our Account Managers are experienced professionals who make your life easier. They start by getting to know you and gaining a clear understanding of your lifestyle, needs and financial objectives.
You'll enjoy the confidence and comfort of knowing that you are dealing with an individual who is very familiar with your situation. You'll also gain the benefits of establishing an ongoing relationship with someone who can assist you with your financial needs now and in the future.
Your Account Manager can pay your bills, collect your income, manage your maturing Guaranteed Investment Certificates (GICs) and bonds, and work with our Tax Services team to prepare your tax returns**. We can also advise on more complex issues such as Power of Attorney, taxation** and estate planning, and executor services. At all times, your Account Manager will focus on your best interests while making life simpler for you.
Enjoy the convenience without worrying about the details
Day-to-day financial affairs
- Bill payments
Your personal Account Manager can arrange for the timely payment of your bills - telephone, hydro, medical, etc. - from your account, so you don't need to bother with monthly cheque writing.
- Tax preparation
We work with our Tax Services team to prepare your income tax return**, arranging for the payment of your quarterly tax installments and providing easy-to-read, consolidated tax reporting.
- Collection of investment and other income
Your income from investments and other sources can be directed to your account with us. Your statement will reflect all income received (such as GIC or bond interest, your pensions and any annuities) so you're kept up-to-date on your finances.
- Regular reporting
We can help you keep track of your investments and the flow of your income with regular reports of your holdings and investment activities.
- Custody of other securities in your portfolio
We can hold all of your securities in safekeeping and provide you with consolidated reports that make keeping track of your portfolio much easier. This is a custodial service only and does not include securities trading or advice.
- Competitive interest on uninvested cash in your portfolio
Planning services
- Tax Planning and Preparation
Canada's tax regulations can be complex and confusing. Our tax professionals can often save you time and money by preparing and filing** a return for you in a timely manner. They can pay taxes owing directly from your account, calculating your quarterly tax installments and arranging for payments.
In addition, our tax professionals can help reduce your tax burden and propose strategies to defer the payment of tax. This includes advice on effective tax planning vehicles, such as planned-giving strategies and trusts.
- Power of Attorney
Your Account Manager will help you review your need for a plan that will allow financial decisions to be made on your behalf, should you be unable to make them yourself.
A properly prepared Power of Attorney gives you the peace of mind of knowing that no matter what may happen, your financial affairs will, in most cases, be managed according to your wishes.
- Will and Estate Planning
Your Account Manager will discuss your current estate arrangements, identify any areas that may need to be addressed and make recommendations accordingly.
If you decide that your estate plan needs updating or revising, your Account Manager will work with our Estates and Trusts Specialists to help you achieve your goals for the future. Effective planning also can help minimize the taxes, administrative expenses and delays that can be common in estate matters.
Investment services
Your Account Manger will help you invest your assets in a manner that's in keeping with your desire for secure investments and a steady income.
Financial Care and Management portfolios are comprised of fixed income investments - safe, reliable federal or provincial bonds and/or Guaranteed Investment Certificates (GICs). If you have different investment objectives, we would be happy to recommend another TD Private Client Group service that would provide you with a more suitable portfolio.
Under the GIC plan, your Account Manager will ensure that your GIC maturity dates are staggered, which helps protect your investments against interest rate fluctuations.
With the bond plan, your bonds will be held to maturity to preserve your investment and provide you with a safe, reliable, predictable stream of income. While bond prices may fluctuate, we help protect your capital by investing only in secure, government-guaranteed bonds.
When your GICs or bonds mature, your Account Manager will see to it that they are automatically reinvested, keeping track of all interest payments for you. That way, you can enjoy the returns without being concerned about the details.
Convenient, personal financial management is just a call or visit away
If you're ready to enjoy the comfort and security of having your bills, income, estate planning and tax planning and preparation personally managed, then you're ready for Financial Care and Management.
We will be pleased to discuss the professional management of your financial affairs in greater detail, review our tax deductible fees (fees associated with Financial Care and Management) and show you the value that you can expect from a relationship with TD Private Client Group Estates and Trusts.
TD Private Client Group Estates and Trusts Specialists would be happy to answer any questions you may have. If you would like to learn more about our services or arrange a meeting with one of our Specialists, please contact the Estates and Trusts branch nearest you by consulting our Estates and Trusts Branch Directory.
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