What 18 Years as a Financial Planner Taught Me About Building Wealth

When I started my career in financial services nearly two decades ago, I thought success was all about picking the right investments. Over the years, I’ve learned that true financial well-being is about so much more than market performance. Here are the most valuable lessons I’ve learned about building and sustaining wealth:

1. Start with a Plan — and Stick to It

Wealth isn’t built by accident. A well-thought-out financial plan aligned with your long-term goals is essential. Whether it’s retirement, estate planning, or building generational wealth, having a strategy keeps you focused and disciplined.

2. Consistency Beats Timing

Trying to time the market is a losing game. The most successful investors I’ve worked with are those who contribute regularly and stay invested, no matter what the headlines say.

3. Tax Efficiency Matters

It’s not just what you earn — it’s what you keep. Smart tax planning ensures you minimize your liabilities and maximize your returns over time. Strategies like income splitting, RRSPs, and TFSAs can make a huge difference.

4. Diversification Reduces Risk

Putting all your eggs in one basket is never a good idea. Spreading your investments across different asset classes and geographies helps manage risk and smooth out market volatility.

5. Professional Advice Pays Off

The financial world is complex, and it’s constantly evolving. Working with a Certified Financial Planner (CFP®) ensures you’re making informed decisions with a holistic approach to your finances.

Building wealth takes time, patience, and strategy. If you’re ready to take control of your financial future, start with a plan and surround yourself with the right expertise.