FAQs
A fully integrated financial services firm advising successful Canadian families since 1979
Kerr Fundamentals
If you’re in the wealth-building phase with approximately $500,000 in investable assets and are looking for a long-term partner to help you grow and secure your financial future, then Kerr Fundamentals could be a great fit for you. Our Investment Management services and complimentary financial assessment are designed to support you at this pivotal stage.
Yes, Kerr Fundamentals responds to your unique goals and will include a financial assessment tailored to your specific circumstances. Our approach is based on understanding your goals and objectives and we provide a personalized plan to help you meet them.
The core Kerr Fundamentals service is provided through Kerr Financial Advisors on their portfolio management fee schedule based on your level of investments.
Kerr Integrated
If you have a need for more comprehensive financial advice and have accumulated more significant investment assets, Kerr Integrated may be right for you. We offer a multi-manager investment approach, giving you access to pension-style managers that are typically not available elsewhere. Our holistic team works to provide you with strategies that align with your investment, tax, and broader financial goals, ensuring all aspects of your financial plan work together seamlessly.
Kerr Financial is a fee only advisor, meaning that the only person who pays us is our client. We do not receive any other form of compensation in the way of commissions or trailers. We therefore provide objective advice, free from pre- conceived biases. We have a fiduciary responsibility to act in our clients’ best interests.
We have developed a sound- customized multi-manager approach to investment management built on many years of experience with high net worth and family office client portfolio management which gives you access to world class managers that combine to complement risk adjusted returns. We have depth of tax and financial planning knowledge and can bring this to your portfolio to ensure its most tax effective management. And we are a small boutique firm so we can provide you a highly customized approach and you will work with the same small team of advisors who know all aspects of your financial situation.
Having full knowledge of your family net worth and having done projections to understand your spending or savings targets, we are well positioned to help you make decisions about your ongoing income needs – Can you afford to give your kids a gift of capital? Can you make a major charitable donation – and how should you do this most tax effectively? Do you need to downsize the house in retirement and, if so, what can you afford as a replacement? How much can you withdraw regularly from the portfolio while still preserving sufficient capital? And, we can help you identify financial priorities and opportunities as they arise with changing circumstances, tax and economic environments.
Like other firms we look at your portfolio at year end to see if we should harvest tax losses to offset gains realized in the year. And we look at how to most tax effectively hold different asset classes between different family accounts depending on the tax attributes of each account. But with a greater knowledge of your tax situation we can go further. We identify the benefit of realizing losses to carry back to shelter capital gains realized in previous years. We harvest additional taxable income in years that it will help to utilize medical or charitable tax credits. We put in place appropriate income splitting strategies to lower your overall family tax bill. And we are attuned to the tax attributes of all aspects of your portfolio.
Kerr’s process is customized to your individual needs and informed by deep knowledge of financial planning and tax provided by a team of highly accredited individuals working together. Kerr uses an institutional due diligence process to select and monitor managers which gives you co-ordinated access to world class managers that pair well together to optimize risk adjusted returns. With our diversified professional team, we ensure that your investment strategy is well integrated with your family’s overall tax and planning situation to help optimize your overall financial resources.
The main benefit of our integrated service is the confidence it provides you of having your financial affairs looked after by one small team of professionals working closely together. We ensure that your tax and investment strategies are aligned – and you have one point of contact with professionals that know your overall situation. Specifically, the integrated service has a number of benefits. It allows ongoing financial planning that takes into account the full knowledge of your financial goals and resources; it allows us to ensure that your assets are most tax-effectively structured and managed; it ensures that you are selecting and managing the best investment professionals to meet your needs; and it helps facilitate the completion of accurate tax returns with minimal hassle on your part as many of the tax slips and information is already close at hand.
Kerr Family Office
Kerr Family Office is designed for families with significant multi-generational investment assets who seek comprehensive wealth management. We offer tailored solutions that integrate financial, human, and legacy planning to ensure your family’s wealth and values are preserved across generations.
- Access to a personalized dedicated team of multi-disciplinary professionals
- Objective financial advice and access to all investment managers (not pre conceived solutions)
- Confidentiality and discretion
- Administration of family financial affairs made easy from one location, including storage of confidential documents
- Integration of tax, investment and estate planning strategies to optimize family results
- Peace of mind that all compliance needs are taken care of and opportunities are not being missed
- Access to best practices based on our experience with other successful families like yours
- Experience and sensitivity to ways families can truly sustain their wealth (family education, governance, succession planning, articulation of values and helping you consider the purpose of the family wealth)
No. Family offices are all very different and customized to each family’s unique situation. The services are personalized based on the family’s objectives and needs in order to provide services and education which meet the family’s long term values, goals and objectives. Kerr Family Office services are customized during the Family Discovery Process and updated regularly to meet the diverse needs of the families we serve.
Today, more and more successful families are being overwhelmed by the sheer extent and complexity of their financial lives. The more complex your financial situation, the more you may need the services of a family office. Where you are selling a business and are faced with complicated decisions regarding tax, legal and financial management, a family office could handle these issues. If you are looking to build generational continuity using family trusts, philanthropy and estate planning, a family office would allow you to address all those challenges and more. The Kerr Family Office concept is the ideal solution for obtaining complete financial management from a highly qualified dedicated team of professionals.
A family office is a dedicated multi disciplinary team of professionals who look after your family’s complex financial and human capital needs. The family office oversees and manages all of your financial affairs and maintains all of your financial information and records. It provides customized services to several generations of your family and works to support the family to sustain and grow family wealth.
