Success Stories
Cents and Sensibility
Retired with a million plus portfolio, J.H.’s investments were all in U.S. and foreign equities. He was advised to invest for the long term and as a result, most of his funds were purchased with deferred sales charges. J.H. was concerned he was taking too much risk. With the help of Weigh House and a new financial advisor, J.H. now has a sensibly balanced, lower risk portfolio, expected to earn a rate of return high enough to achieve his financial goals, while reducing his ongoing fees by 50%.
Show Me the Money - Eh!
A very successful business man with little time to manage his portfolio, B.R. enlisted the advice of a ‘stock-trader’. With a philosophy of recommending only Canadian equities, B.R.’s advisor managed to lose money from 2004 through 2005. After consulting with Weigh House, B.R. is now with a full-service financial advisor and is well diversified with Canadian, U.S. and international managers looking after his assets. These managers consistently outperform their respective benchmarks.
The Power of One
A.B. had four brokers, none of whom knew the others existed. Multiple positions left him unaware of what he owned, whether or not he was duplicating investment positions, or how to make adjustments when required. With sound advice and recommendations from Weigh House, A.B. now has one consolidated statement, which shows all of his positions. A.B. made changes to reduce his risk and now he knows how to make further adjustments if and when required.
Seize the Day – Casually
Retired with a healthy government pension, A.J. can enjoy his retirement knowing his present and foreseeable financial goals will be met. While there was no need to earn an above average rate of return, A.J.’s advisor recommended a ‘growth’ portfolio none the less. After consultation with Weigh House, A.J. now has the confidence to be firm with his advisor, and to insist on a conservative ‘income’ portfolio.
Lost in the Woods
With 35 mutual funds — some balanced and others international — it was impossible for P.T. to get a true understanding of the breakdown of her portfolio. While she wanted some exposure to emerging markets, she could not tell from her statements if she had it or not. With the help of Weigh House and a new adviser, P.T. now has a very simple portfolio comprising six exchange traded funds (ETFs). Her current portfolio is easier to manage with better diversification and lower fees. And she now knows precisely how her assets are invested.
Reclamation
A retired businessman managing his own accounts, M.H. got into a complicated and volatile investment portfolio. Feeling the need to check his portfolio every hour, his investments had taken over his life. Weigh House helped M.H. reduce his positions by more than 50% and increase his bond holdings. He now checks his portfolio weekly and has ’reclaimed’ his life.
Risky Business
T.R. is a do-it-yourself investor who inherited a high value portfolio invested primarily in two stocks. She knew there was high risk associated with only two positions, but she was unable to diversify. Weigh House taught T.R. how to diversify and now, with a balanced portfolio, she no longer worries about unnecessary risk.
How to Choose
As a young professional just starting to build an investment portfolio, D.S. was well aware that different advisors would recommend completely different strategies. With two very different proposals in hand, D.S. wanted an objective evaluation before making his decision. Weigh House pointed out the hidden fees and unrealistic rate of return estimates in one of the proposals, making D.S.’s decision clear.
Client Testimonials
“Weigh House pointed
out that I was taking much more risk than necessary to meet my needs – now
I am sleeping better at night. I got real value for the fee.”
~ J. Pattinson, Bancroft, ON
“Over the last few years,
by working with Weigh House, I have had more ‘financial peace of mind’ than ever before. I am
now 100% confident that
I am in the portfolio that is right for me.”
~ D. Eleoff , Toronto, ON
“Weigh House
provided a complete financial overhaul - excellent and unbiased advice provided by a caring and consummate professional.”
~ J. King, Toronto, ON
