InFocus Podcasts

From Earnings to Innovation: The State of Industrials and Tech

In this episode of InFocus, Mike Gassewitz, CEO at TriCert Financial Group, explores the industrials and technology sectors with TriCert Investment Counsel Portfolio Manager Dave Gill, CFA®, MBA, focusing on Q1 2024 business performance and sector trends.
Listen as they discuss recent developments at Apple and Canadian Pacific Kansas City and how these core picks navigate current market conditions. Learn about sector shifts and what the future holds for these markets.
Recorded on May 8, 2024
 
DISCLAIMER: This content has been prepared by TriCert Investment Counsel Inc. The information, including forecast financial information, should not be considered as advice or a recommendation to investors and does not take into account your particular investment objectives or financial situation. Before acting on any information, you should consider the appropriateness of the information and speak with one of our portfolio managers. All securities and financial products or instrument transactions involve risks, including the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This content may contain forward-looking statements, including statements regarding our beliefs on current expectations and market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements. TriCert Investment Counsel Inc. does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside TriCert Investment Counsel Inc.’s control. Past performance is not a reliable indication of future performance.

Navigating capital gains changes and first quarter market insights

In this episode of InFocus, Mike Gassewitz, CEO of TriCert Financial Group, is joined by Joel Baker, CIM, MBA, Chief Investment Officer at TriCert Investment Counsel, to talk about the recent changes to the federal budget and their impact on capital gains taxes. They discuss the implications for investors and share our approach to helping our clients navigate these changes.
Mike and Joel also explore first-quarter market trends, examining continued volatility and the dominant role of the "Magnificent Seven" stocks in the U.S. market. They compare the performance of U.S., Canadian, and international markets, providing a comprehensive outlook on the current investment landscape.
The episode addresses interest rates, the inverted yield curve, and ongoing inflation. Joel offers his perspective on how these factors could influence market cycles and shares strategic advice for investors to maintain a cautious and diversified portfolio.
Recorded on May 1, 2024
 
DISCLAIMER: This content has been prepared by TriCert Investment Counsel Inc. The information, including forecast financial information, should not be considered as advice or a recommendation to investors and does not take into account your particular investment objectives or financial situation. Before acting on any information, you should consider the appropriateness of the information and speak with one of our portfolio managers. All securities and financial products or instrument transactions involve risks, including the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This content may contain forward-looking statements, including statements regarding our beliefs on current expectations and market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements. TriCert Investment Counsel Inc. does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside TriCert Investment Counsel Inc.’s control. Past performance is not a reliable indication of future performance.

Defining Quality in our QSect Approach

In this episode of InFocus, Mike Gassewitz, CEO of TriCert Financial Group, is joined by Brian Durno, CFP®, CFA®, Lead of the Investment Management and Strategy Group at TriCert Investment Counsel.
Listen as they delve into the concept of quality within the QSect approach. The conversation navigates the complex terrain of defining quality in investment management, emphasizing factors such as revenue stability, competitive threats, market share, and the distinction between growth and value creation. Brian sheds light on the team's methodology in evaluating companies, stressing the importance of qualitative and quantitative analysis and the significance of paying the right price for quality investments. The episode underscores the resilience of quality businesses, exemplified by their consistent dividend growth even in volatile market conditions.
Recorded on March 12, 2024
 
DISCLAIMER: This content has been prepared by TriCert Investment Counsel Inc. The information, including forecast financial information, should not be considered as advice or a recommendation to investors and does not take into account your particular investment objectives or financial situation. Before acting on any information, you should consider the appropriateness of the information and speak with one of our portfolio managers. All securities and financial products or instrument transactions involve risks, including the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This content may contain forward-looking statements, including statements regarding our beliefs on current expectations and market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements. TriCert Investment Counsel Inc. does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside TriCert Investment Counsel Inc.’s control. Past performance is not a reliable indication of future performance.

Echoes Series on Legacy Planning: Crafting Your Legacy Blueprint

In the third episode of the Echoes series on legacy planning, President and CEO Mike Gassewitz and Gord Hardie, head of Financial Planning at TriCert Private Wealth, delve into the intricate considerations and goals of crafting a comprehensive legacy blueprint.
As they navigate the multifaceted landscape of legacy planning, Mike and Gord explore various aspects, starting with the pivotal role of children in the equation. They emphasize the importance of aligning parental visions and understanding individual needs, emphasizing that equality doesn't always equate to identical distributions.
Gord shares insights on charitable contributions within estate planning, shedding light on nuances and cautionary tales to ensure intended donations reach their intended recipients. Mike and Gord also dissect trust mechanisms and tax implications, especially pertinent for business owners. Gord underscores the necessity of professional guidance in navigating taxation, inheritance, and business succession.
 
Recorded on March 27, 2024

Echoes Series on Legacy Planning: Assessing Your Estate

In the second episode of TriCert Financial Group's Echoes Series, President and CEO Mike Gassewitz delves into the critical topic of legacy planning, focusing on assessing one's estate. Joined by Gord Hardie, Head of Financial Planning at TriCert Private Wealth, they navigate the complexities and importance of estate assessment.
Mike and Gord clarify the concept of an estate, emphasizing its comprehensive nature encompassing assets, liabilities, and future implications. They discuss the necessity of valuation, the involvement of professionals like your financial planner, accountant, and lawyer, and the iterative nature of estate assessment, underlining the crucial need for regular, periodic reviews.
The conversation underscores why assessing one's estate is paramount, highlighting the ease of estate settlement, debt management, and fulfilling beneficiaries' needs according to one's wishes. They also address the critical timing of estate assessment and caution against the repercussions of neglecting this vital aspect of financial planning.
 
Recorded on March 26, 2024
 

Echoes Series on Legacy Planning: Setting The Stage

Listen to Mike Gassewitz, President and CEO, as he launches a special InFocus series titled "Echoes". In this first episode, Mike introduces the concept of legacy planning and its significance in leaving a lasting impact. Alongside Gord Hardie, Head of Financial Planning at TriCert Private Wealth, and Oliver Lee, Head of Insurance and Living Benefits at TriCert Insurance Agency, they delve into the multifaceted nature of legacy, encompassing both financial assets and personal values.
The discussion touches upon the importance of legacy planning regardless of one's stage in life, emphasizing its role in ensuring financial security and preserving familial harmony. Gord and Oliver share insights on the complexities involved, from navigating taxation issues to addressing unintended consequences.
Listeners will gain valuable insights into when and how to embark on legacy planning, with the experts underscoring the pivotal role of a comprehensive financial plan as the foundation, highlighting the indispensable role of financial advisors in guiding individuals through this intricate process.
 
Recorded on March 15, 2024

Tax Plan vs Financial Plan

In this episode of InFocus, Mike Gassewitz, CEO of TriCert Financial Group, and Gord Hardy, VP of Financial Planning at TriCert Private Wealth, discuss the distinction between a tax plan and a financial plan.
Tax plans, managed by accountants, aim to minimize yearly income taxes. They can range from simple strategies for employees to complex plans for business owners. On the other hand, financial plans are comprehensive documents outlining how individuals can achieve their short- and long-term financial goals, considering income, spending, savings, and lifestyle choices.
The conversation emphasizes the symbiotic relationship between a client's tax and financial plans. It stresses the need for collaboration between financial advisors, accountants, and portfolio managers to ensure alignment between tax efficiency and goal achievement.
Recorded on March 5, 2024

Do I really need a financial plan?

In this episode of InFocus, Mike Gassewitz, CEO at TriCert Financial Group, welcomes Gord Hardie, CFP®, CIM, VP of Financial Planning at TriCert Private Wealth, to discuss the importance of financial planning for individuals of all ages.
They emphasize that financial planning is not just for the wealthy but is essential for everyone, regardless of their financial situation. Drawing parallels to medical care, they explain how a financial plan serves as a personalized roadmap for achieving financial goals and ensuring future security.
The discussion underscores the importance of financial education, proactive planning, and efficient wealth management at every stage of life. Mike and Gord underline the need for clients to regularly review and update their financial plans with their financial advisor to adapt to changing circumstances and goals and ensure long-term financial well-being.
Recorded on March 5, 2024

Q4 2023 Podcast: Healthcare Update

In this episode of InFocus, Mike Gassewitz, President and CEO at TriCert Financial Group, is joined by TriCert Investment Counsel Portfolio Manager Brian Durno, CFP®, CFA®, to discuss the healthcare sector.
Recorded on March 4, 2024
 
DISCLAIMER: This content has been prepared by TriCert Investment Counsel Inc. The information, including forecast financial information, should not be considered as advice or a recommendation to investors and does not take into account your particular investment objectives or financial situation. Before acting on any information, you should consider the appropriateness of the information and speak with one of our portfolio managers. All securities and financial products or instrument transactions involve risks, including the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This content may contain forward-looking statements, including statements regarding our beliefs on current expectations and market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements. TriCert Investment Counsel Inc. does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside TriCert Investment Counsel Inc.’s control. Past performance is not a reliable indication of future performance.

Trusts Matter: Navigating Changes in Tax Reporting

In this special episode of InFocus, Mike Gassewitz, CEO of TriCert Financial Group, delves into the complex world of trust reporting and the recent legislative changes. Joined by Connor Gates, CPA, CA, CFP®, a seasoned accountant and partner at one of TriCert's accounting partners, they explore the nuances of trust arrangements with a focus on tax reporting requirements for bare trusts used in common financial planning tactics.
As they dissect the implications of the new CRA reporting requirements, Mike and Connor highlight the importance of understanding one's role in trust arrangements and the necessity of meticulous documentation. From identifying key players like settlors, beneficiaries, and trustees to grappling with penalties for non-compliance, the conversation underscores the critical role of proactive financial planning and accounting expertise.
Listeners are encouraged to seek guidance from their financial advisor and accountant to navigate the evolving landscape of trust reporting, ensure compliance, and safeguard their financial interests. Listen to gain invaluable insights into trust structures and tax obligations in this informative and timely discussion.Recorded on March 15, 2024
 
DISCLAIMER: This content has been prepared by TriCert Investment Counsel Inc. The information, including forecast financial information, should not be considered as advice or a recommendation to investors and does not take into account your particular investment objectives or financial situation. Before acting on any information, you should consider the appropriateness of the information and speak with one of our portfolio managers. All securities and financial products or instrument transactions involve risks, including the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This content may contain forward-looking statements, including statements regarding our beliefs on current expectations and market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements. TriCert Investment Counsel Inc. does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside TriCert Investment Counsel Inc.’s control. Past performance is not a reliable indication of future performance.