Graham and Susan focus their efforts on understanding their client’s needs and translating those into actions. Personal financial plans are key to setting goals, savings and retirement income, as well as giving us the information we need to build the portfolio best suited for you. We strive to be continuously engaged with our clients, so we can provide relevant and timely advice. The feedback from our clients describes us as realistic, honest, and candid, with an attention to detail and concern about our client’s well-being.

Graham and Susan are Portfolio Managers and CFA charterholders, recently joined by Jason to strengthen the client experience as we continue our growth in Waterloo.

Personal Wealth

How Much will you spend in retirement? Determining Your Replacement Ratio

How much of your current income will you need in retirement? The answer to this question is called the replacement ratio and is a major driver of the retirement planning piece. It will be different for everyone, so I outline how you can figure out your own replacement ratio that will ultimately determine how much you need to save for retirement.

Personal Wealth

Is saving 10% of your income enough for retirement?

When talking about saving for retirement, most people default to the common 10 or 15 percent of income towards retirement. But are those numbers accurate and is this a reasonable approach? I outline this traditional approach, and compare it to another approach that takes into consideration a typical Canadian’s financial scenario.

Starting Out

Intro to Retirement Planning for Millennials

For most millennials, retirement seems like it’s ages away; a future you problem. The cards might seem to be stacked against us: the number of Defined Benefit pension plans are falling, we’re living longer, student debt levels are rising, and house prices are massive compared to our incomes. I break down the basic concepts of retirement planning in this video to help you get started.

Personal Wealth

Critical Illness Insurance

What would happen to you if you were diagnosed with cancer, had a stroke, or suffered from another critical illness? In Canada, we’re fortunate to have universal healthcare. However, our healthcare system won’t cover all the costs of having a critical illness, which is where Critical Illness Insurance comes into play.

Quote Icon>
  • Firstly, I want to say I am very pleased with Graham’s financial advice. Over the 7 years we have worked together, he has taken much time to listen carefully to my need to have my retirement funds safe and to the myriad work/life changes that came along.

    Elizabeth Ritchie
  • We have been working with Graham from early 2009, and  joined him at PWL Capital in May 2010 . During this time Graham has acted as our financial adviser in the early years of our retirement, and has provided us with help and advice, giving  growth and security within our portfolio, in excess of our RRIF withdrawal requirements.

    David & Joyce Vann
  • Graham Westmacott and Susan Daley provide the best service one could ever expect. They are extremely realistic and I perceive them as being most concerned with what is best for us and our situation rather than just focused on sales.

    Frank and Dianne Beletz
  • Graham, more recently joined by Susan, has been our financial advisor since 2006 and we moved to PWL with him in 2010. Graham’s ability to analyze each client’s situation, preferences and needs seems outstanding to us.

    James & Patricia McDowell
Arrow Left Arrow Right
    MBA, CFA, Portfolio Manager
    Portfolio Manager, Waterloo. Graham believes wealth management should be based on facts and repeatable processes, rather than stories about the future.
    CFA, CFP, Portfolio Manager
    Susan Daley is a Portfolio Manager at PWL Capital Inc. She is passionate about simplifying complex financial ideas to help clients achieve their financial aspirations. She runs a YouTube Channel with the same mandate, called Your Money, Your Choices.
    Investment Advisor, Portfolio Manager Assistant
    Jason was born in Kitchener, and has lived in the Kitchener-Waterloo region his whole life. He is currently working towards his CFP and other financial designations.

    Who We Are

    Recommended Resources

      • Getting more without saving more

        In planning how to fund your retirement, you might think about dividing your savings in the same way as you would a pizza. If you believe your retirement will last 30 years, you could divide your savings into 30 slices, one for each year of retirement.

        Contributors
      • The Passive Vs. Active Fund Monitor (2018)

        In 2018, Canadian passive funds increased their market share from 10.0% to 10.5% on the back of a positive flow of $9 billion. Meanwhile, Canadian active funds attracted $6 billion. We estimate that Canadian passive funds post a weighted average Management Expense Ratio of 0.30%, compared to a substantial 1.66% for active funds.

        Contributors
      • Great Expectations 2019

        How to estimate future stock and bond returns when creating a financial plan

        Contributors
      • The Retiree’s Dilemma: The Deckards

        We introduce the Deckards who are just starting their retirement. Like many retirees, they are concerned about how best to structure withdrawals from their investments to fund their retirement.

        Contributors
      • The Retiree’s Dilemma: Live Long & Prosper

        The key challenge for most retirees is to create a stable income for their lifetime from investment capital that fluctuates in value.

        Contributors
      • Market Statistics – June 2019

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of June for the various Canadian, U.S. and international markets that we follow.

      • Market Statistics – May 2019

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of May for the various Canadian, U.S. and international markets that we follow.

        Contributors
      • Market Statistics – April 2019

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of April for the various Canadian, U.S. and international markets that we follow.

      • Market Statistics – March 2019

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of March for the various Canadian, U.S. and international markets that we follow.

      • Market Statistics – February 2019

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of February for the various Canadian, U.S. and international markets that we follow.

        Contributors
      • Market Statistics – June 2019
        Summary

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of June for the various Canadian, U.S. and international markets that we follow.

      • Market Statistics – May 2019
        Summary

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of May for the various Canadian, U.S. and international markets that we follow.

        Contributors
      • Market Statistics – April 2019
        Summary

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of April for the various Canadian, U.S. and international markets that we follow.

      • Market Statistics – March 2019
        Summary

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of March for the various Canadian, U.S. and international markets that we follow.

      • Market Statistics – February 2019
        Summary

        Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of February for the various Canadian, U.S. and international markets that we follow.

        Contributors
      • Setting up NBIN MyPortfolio+

        Setting up NBIN MyPortfolio+ to Show Consolidated Assets upon Login

        Contributors

    Get in touch with us

    Waterloo

    Marsland Centre, 20 Erb St. W
    Suite 506
    Waterloo

    Contact the Waterloo Team