SIMPLIFYING WEALTH FOR CANADIANS Helping you frame financial decisions through the lens of living a good life IIROC AdvisorReport Meet our Client Relationship Team We offer comprehensive Wealth Management services to Canadians. The PWL Capital team can help you achieve your financial goals. Contact us for more information. Ben Wilson Advisor Services Lead, Associate Portfolio Manager, CFP®, CIM® PWL Capital Team Jaclyn Cecereu Financial Planner, Investment Advisor, CFP®, BComm. PWL Capital Team Jordan Tarasoff Financial Planner, Associate Portfolio Manager, CFA, CFP®, CIM®, CIWM, CLU PWL Capital Team Brady Plunkett Portfolio Manager CIM®, CFP® PWL Capital Team Phillip Briggs Associate Portfolio Manager, Financial Planner CFP®, CIM® PWL Capital Team Melissa Laursen Financial Planning Associate, Investment Advisor QAFP™ PWL Capital Team Jordan Carter Financial Planning Associate, Investment Advisor, CFA, CFP®, CIM® PWL Capital Team Mathieu Huneault Investment Advisor, Financial Planning Associate, CFP® PWL Capital Team Finding & Funding a Good Life Webinar Is a higher paying job with longer hours worth it? How should you prioritize saving for the future against enjoying life today? Should you rent or own your home? There is a lot more to a good life than wealth accumulation. The definition of what is a good life comes down to what you think it is. Wednesday, September 27 at 12:00pm EST Latest Ideas & Insights RESP Myth: Offsetting Receipts Sep 8, 2023 Personal Wealth Financial Freedom for All Sep 5, 2023 Personal Wealth US Total Market or S&P 500 ETFs? Aug 24, 2023 Personal Wealth Episode 267: The (Expected) Cost of Pessimism (Plus Matthew Dicks on the Value of Storytelling) Aug 24, 2023 Personal Wealth Episode 266: Prof. Cass Sunstein: Practical Reason in Ordinary Life Aug 17, 2023 Personal Wealth Episode 265: 5% HISA… for the Long-run? (Plus Stoicism with Michael Tremblay) Aug 10, 2023 Behavioural Finance Model Portfolio For illustration purposes only. Actual client portfolios may differ. As of August 31, 2023. 40% Stocks - 60% Bonds 50% Stocks - 50% Bonds 60% Stocks - 40% Bonds 70% Stocks - 30% Bonds 80% Stocks - 20% Bonds 100% Stocks - 0% Bonds Model Portfolio Performance 40% Stocks - 60% Bonds YTD Return 5.44% 1-Year Total Return 5.98% 3-Year Annualized Return 3.53% 5-Year Annualized Return 3.23% 10-Year Annualized Return 4.58% 20-Year Annualized Return 5.09% Worst Drawdown (05/2007-02/2009) -18.90% Drawdown - Time to Recovery (from the bottom) 11 months 20-Year Annualized Standard Deviation 5.77% Model Portfolio Performance 50% Stocks - 50% Bonds YTD Return 6.13% 1-Year Total Return 6.98% 3-Year Annualized Return 4.93% 5-Year Annualized Return 3.93% 10-Year Annualized Return 5.35% 20-Year Annualized Return 5.65% Worst Drawdown (05/2007-02/2009) -24.70% Drawdown - Time to Recovery (from the bottom) 14 months 20-Year Annualized Standard Deviation 6.98% Model Portfolio Performance 60% Stocks - 40% Bonds YTD Return 6.82% 1-Year Total Return 7.99% 3-Year Annualized Return 6.31% 5-Year Annualized Return 4.56% 10-Year Annualized Return 6.09% 20-Year Annualized Return 6.21% Worst Drawdown (05/2007-02/2009) -30.10% Drawdown - Time to Recovery (from the bottom) 20 months 20-Year Annualized Standard Deviation 8.20% Model Portfolio Performance 70% Stocks - 30% Bonds YTD Return 7.46% 1-Year Total Return 8.91% 3-Year Annualized Return 7.67% 5-Year Annualized Return 5.15% 10-Year Annualized Return 6.91% 20-Year Annualized Return 6.76% Worst Drawdown (05/2007-02/2009) -35.10% Drawdown - Time to Recovery (from the bottom) 23 months 20-Year Annualized Standard Deviation 9.44% Model Portfolio Performance 80% Stocks - 20% Bonds YTD Return 8.15% 1-Year Total Return 9.94% 3-Year Annualized Return 9.15% 5-Year Annualized Return 5.78% 10-Year Annualized Return 7.50% 20-Year Annualized Return 7.21% Worst Drawdown (05/2007-02/2009) -39.80% Drawdown - Time to Recovery (from the bottom) 24 months 20-Year Annualized Standard Deviation 10.68% Model Portfolio Performance 100% Stocks - 0% Bonds YTD Return 9.53% 1-Year Total Return 12.02% 3-Year Annualized Return 12.36% 5-Year Annualized Return 7.02% 10-Year Annualized Return 8.90% 20-Year Annualized Return 8.22% Worst Drawdown (05/2007-02/2009) -48.00% Drawdown - Time to Recovery (from the bottom) 48 months 20-Year Annualized Standard Deviation 13.16% Recommended Resources I'm looking for Market Statistics White Papers Model Portfolios Important Documents Client Guides Market Statistics White Papers Model Portfolios Important Documents Client Guides Market Statistics – August 2023 Market Statistics – July 2023 Market Statistics – June 2023 Market Statistics – May 2023 Market Statistics – April 2023 Evidence Based Investing Market Statistics – August 2023 Published: September 12, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […] Contributors Market Statistics – July 2023 Published: August 4, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […] Market Statistics – June 2023 Published: July 4, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […] Market Statistics – May 2023 Published: June 13, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […] Market Statistics – April 2023 Published: June 13, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […] Market Statistics – August 2023 Contributors Learn More Market Statistics – July 2023 Learn More Market Statistics – June 2023 Learn More Market Statistics – May 2023 Learn More Market Statistics – April 2023 Learn More Permanent Life Insurance Financial Planning Assumptions for Market-Cap Weighted & Factor-Tilted Portfolios (Methodology Guide) Financial Planning Assumptions (Factor-Tilted Portfolio) Financial Planning Assumptions (Market Capitalization Weighted Portfolio) Optimal Compensation, Saving, and Consumption for Owners of Canadian Controlled Private Corporations Evidence Based Investing Permanent Life Insurance Published: September 7, 2023 Insurance is a financial contract designed to transfer risk from an individual or entity (the insured) toan insurance company (the insurer). Contracts are priced based […] Contributors Evidence Based Investing Financial Planning Assumptions for Market-Cap Weighted & Factor-Tilted Portfolios (Methodology Guide) Published: August 3, 2023 This guide describes PWL Capital’s methodology for estimating the expected returns, standard deviations,and correlations of major asset classes over a 30-year planning horizon. These parameters […] Contributors Evidence Based Investing Financial Planning Assumptions (Factor-Tilted Portfolio) Published: July 31, 2023 This guide is intended to provide Canadian financial planners with our best estimates of future asset class returns and volatilities to produce financial projections for […] Contributors Evidence Based Investing Financial Planning Assumptions (Market Capitalization Weighted Portfolio) Published: July 31, 2023 This guide is intended to provide Canadian financial planners with our best estimates of future asset class returns and volatilities to produce financial projections for […] Contributors Evidence Based Investing Optimal Compensation, Saving, and Consumption for Owners of Canadian Controlled Private Corporations Published: April 27, 2023 The optimal compensation structure for individuals with a corporation residing in Ontario was investigated in terms of sustainable spending and final after-tax net worth. Four […] Contributors Permanent Life Insurance Contributors Learn More Financial Planning Assumptions for Market-Cap Weighted & Factor-Tilted Portfolios (Methodology Guide) Contributors Learn More Financial Planning Assumptions (Factor-Tilted Portfolio) Contributors Learn More Financial Planning Assumptions (Market Capitalization Weighted Portfolio) Contributors Learn More Optimal Compensation, Saving, and Consumption for Owners of Canadian Controlled Private Corporations Contributors Learn More Capital Team – Dimensional Global Portfolios – August, 2023 Capital Team – Dimensional Global Portfolios – July, 2023 Capital Team – Dimensional Global Portfolios – June, 2023 Capital Team – Dimensional Global Portfolios – May 31, 2023 Capital Team – Dimensional Global Portfolios – April 30, 2023 Capital Team – Dimensional Global Portfolios – August, 2023 Published: September 12, 2023 This document provides the performance data for Dimensional Global Portfolios for August 31, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […] Contributors Capital Team – Dimensional Global Portfolios – July, 2023 Published: August 16, 2023 This document provides the performance data for Dimensional Global Portfolios for July 31, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […] Capital Team – Dimensional Global Portfolios – June, 2023 Published: July 14, 2023 This document provides the performance data for Dimensional Global Portfolios for June 30, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […] Capital Team – Dimensional Global Portfolios – May 31, 2023 Published: June 13, 2023 This document provides the performance data for Dimensional Global Portfolios for May 31, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […] Capital Team – Dimensional Global Portfolios – April 30, 2023 Published: May 11, 2023 This document provides the performance data for Dimensional Global Portfolios for April 30, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […] Capital Team – Dimensional Global Portfolios – August, 2023 Contributors Learn More Capital Team – Dimensional Global Portfolios – July, 2023 Learn More Capital Team – Dimensional Global Portfolios – June, 2023 Learn More Capital Team – Dimensional Global Portfolios – May 31, 2023 Learn More Capital Team – Dimensional Global Portfolios – April 30, 2023 Learn More Your 2022 Tax Return – Tax Reporting Information HISA INFORMATION The Safe-Keeping of your Assets NBIN Best Execution Public Disclosure Statement Introducing/carrying broker disclosure statement Your 2022 Tax Return – Tax Reporting Information Published: December 2, 2022 To help you complete your income tax return, the following document is an overview of the most common Canadian tax slips. HISA INFORMATION Published: November 2, 2022 The release of the Bill C-86 which introduced sweeping changes to the Bank Act’s consumer protection framework, involving key amendments related to selling practices and […] Personal Wealth The Safe-Keeping of your Assets Published: October 30, 2020 PWL Capital is structured such that all your assets are held in accounts in your name by our carrying broker, National Bank Independent Network. When you deposit money to your accounts, the cheque is made out to NBIN, never PWL. Any movements of funds or securities in or out of your accounts can only be executed with your written authorization. Personal Wealth NBIN Best Execution Public Disclosure Statement Published: September 4, 2018 The following are recent changes to the NBF Best Execution public disclosure statement, which will be noted in this section for your reference, and will be maintained for at least the next 6 months Personal Wealth Introducing/carrying broker disclosure statement Published: September 4, 2018 National Bank Independent Network (NBIN) is a division of National Bank Financial Inc. (NBF Inc.), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF Inc. Your 2022 Tax Return – Tax Reporting Information Summary To help you complete your income tax return, the following document is an overview of the most common Canadian tax slips. Learn More HISA INFORMATION Learn More The Safe-Keeping of your Assets Summary PWL Capital is structured such that all your assets are held in accounts in your name by our carrying broker, National Bank Independent Network. When you deposit money to your accounts, the cheque is made out to NBIN, never PWL. Any movements of funds or securities in or out of your accounts can only be executed with your written authorization. Learn More NBIN Best Execution Public Disclosure Statement Summary The following are recent changes to the NBF Best Execution public disclosure statement, which will be noted in this section for your reference, and will be maintained for at least the next 6 months Learn More Introducing/carrying broker disclosure statement Summary National Bank Independent Network (NBIN) is a division of National Bank Financial Inc. (NBF Inc.), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF Inc. Learn More HISA INFORMATION HISA INFORMATION Published: November 2, 2022 The release of the Bill C-86 which introduced sweeping changes to the Bank Act’s consumer protection framework, involving key amendments related to selling practices and […] HISA INFORMATION Learn More
Jordan Tarasoff Financial Planner, Associate Portfolio Manager, CFA, CFP®, CIM®, CIWM, CLU PWL Capital Team
Episode 267: The (Expected) Cost of Pessimism (Plus Matthew Dicks on the Value of Storytelling) Aug 24, 2023 Personal Wealth
Episode 265: 5% HISA… for the Long-run? (Plus Stoicism with Michael Tremblay) Aug 10, 2023 Behavioural Finance
Evidence Based Investing Market Statistics – August 2023 Published: September 12, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […] Contributors
Market Statistics – July 2023 Published: August 4, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […]
Market Statistics – June 2023 Published: July 4, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […]
Market Statistics – May 2023 Published: June 13, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […]
Market Statistics – April 2023 Published: June 13, 2023 All figures in CAD unless mentioned otherwise Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics […]
Evidence Based Investing Permanent Life Insurance Published: September 7, 2023 Insurance is a financial contract designed to transfer risk from an individual or entity (the insured) toan insurance company (the insurer). Contracts are priced based […] Contributors
Evidence Based Investing Financial Planning Assumptions for Market-Cap Weighted & Factor-Tilted Portfolios (Methodology Guide) Published: August 3, 2023 This guide describes PWL Capital’s methodology for estimating the expected returns, standard deviations,and correlations of major asset classes over a 30-year planning horizon. These parameters […] Contributors
Evidence Based Investing Financial Planning Assumptions (Factor-Tilted Portfolio) Published: July 31, 2023 This guide is intended to provide Canadian financial planners with our best estimates of future asset class returns and volatilities to produce financial projections for […] Contributors
Evidence Based Investing Financial Planning Assumptions (Market Capitalization Weighted Portfolio) Published: July 31, 2023 This guide is intended to provide Canadian financial planners with our best estimates of future asset class returns and volatilities to produce financial projections for […] Contributors
Evidence Based Investing Optimal Compensation, Saving, and Consumption for Owners of Canadian Controlled Private Corporations Published: April 27, 2023 The optimal compensation structure for individuals with a corporation residing in Ontario was investigated in terms of sustainable spending and final after-tax net worth. Four […] Contributors
Capital Team – Dimensional Global Portfolios – August, 2023 Published: September 12, 2023 This document provides the performance data for Dimensional Global Portfolios for August 31, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […] Contributors
Capital Team – Dimensional Global Portfolios – July, 2023 Published: August 16, 2023 This document provides the performance data for Dimensional Global Portfolios for July 31, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […]
Capital Team – Dimensional Global Portfolios – June, 2023 Published: July 14, 2023 This document provides the performance data for Dimensional Global Portfolios for June 30, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […]
Capital Team – Dimensional Global Portfolios – May 31, 2023 Published: June 13, 2023 This document provides the performance data for Dimensional Global Portfolios for May 31, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […]
Capital Team – Dimensional Global Portfolios – April 30, 2023 Published: May 11, 2023 This document provides the performance data for Dimensional Global Portfolios for April 30, as compiled by the Capital Team. For illustration purposes only. Actual client portfolios may be […]
Your 2022 Tax Return – Tax Reporting Information Published: December 2, 2022 To help you complete your income tax return, the following document is an overview of the most common Canadian tax slips.
HISA INFORMATION Published: November 2, 2022 The release of the Bill C-86 which introduced sweeping changes to the Bank Act’s consumer protection framework, involving key amendments related to selling practices and […]
Personal Wealth The Safe-Keeping of your Assets Published: October 30, 2020 PWL Capital is structured such that all your assets are held in accounts in your name by our carrying broker, National Bank Independent Network. When you deposit money to your accounts, the cheque is made out to NBIN, never PWL. Any movements of funds or securities in or out of your accounts can only be executed with your written authorization.
Personal Wealth NBIN Best Execution Public Disclosure Statement Published: September 4, 2018 The following are recent changes to the NBF Best Execution public disclosure statement, which will be noted in this section for your reference, and will be maintained for at least the next 6 months
Personal Wealth Introducing/carrying broker disclosure statement Published: September 4, 2018 National Bank Independent Network (NBIN) is a division of National Bank Financial Inc. (NBF Inc.), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF Inc.
HISA INFORMATION Published: November 2, 2022 The release of the Bill C-86 which introduced sweeping changes to the Bank Act’s consumer protection framework, involving key amendments related to selling practices and […]