The Income Bucket

The Growth Bucket

The Health Bucket

The Legacy Bucket

Income Bucket
The Income Bucket is designed to provide predictable, sustainable, tax-efficient income for life. In order to achieve this, we:

• Reverse engineer your family's lifestyle to determine your income needs
• Perform an in-depth cash flow to income analysis
• Determine the "income gap", identifying potential deficiencies in your income
• Develop and implement income generation strategies to meet your lifestyle needs
• Prepare risk mitigation strategies for your income flow, reducing the risk to your lifestyle
• Perform an annual income tax analysis to minimize your tax liabilities.

Growth Bucket
The Growth Bucket is designed to provide a professionally managed investment portfolio with the goal of achieving above-average returns, in order to replenish your income stream in perpetuity. In order to achieve this, we:

• Partner with major research firms to provide in-depth global economic analysis
• Regularly communicate major economic condition changes and their impact on you
• Develop investment strategies that are responsive to the current environment
• Move swiftly and cost-effectively to adjust your portfolio's mixture of stocks, bonds, cash and other instruments to maximize return while minimizing risk
• Work with leading global financial sub-advisors to deliver our goal of above-average returns
• Implement investment growth strategies to overcome and minimize the impact of inflation and tax

Health Bucket
The Health Bucket is designed to protect your family's quality of life in the event of a health issue. In order to achieve this, we:

• Analyze and determine the risk to your income or assets in the event of a health issue
• Understand the quality of life you want to maintain in the event of a health issue
• Create and implement a financial strategy to counter risks due to health issues
• Promote a health consultation by well-respected physicians
• Explore alternative medical strategies where required
• Update medical tax strategies as required in response to changes by the government.

Legacy Bucket
The Legacy Bucket is designed to provide the comfort of knowing your assets will be passed on in the way that you wish. In order to achieve this, we:

• Determine your wishes for intergenerational wealth transition
• Together with our internal team of experts, we can help prepare your draft will, power of attorney and personal directives, or work with the legal services provider of your choice to create the documents
• Create a family and charity decision tree for your estate plan
• Quantify and optimize the tax liabilities in your estate plan
• Regularly review and make changes as required to your estate plan

Tax

Tax is an integral part of all financial planning, so we look at it both from an overall portfolio perspective and in connection with each of the buckets. Utilizing our '3D' tax overlay model (deduct, defer, divide), we test each of the four buckets to ensure that your plan is optimized for tax-efficiency.

Strategy and Research

The Popowich Karmali Advisory Group has a dynamic investment strategy, with a philosophy driven by a top-down economic thesis overlaid on your specific lifestyle goals and reviewed for tax implications.

Products

As a team, the Popowich Karmali Advisory Group is not tied to one product group. We are licensed across the spectrum of all financial products and we view them collectively as tools to help you to achieve your specific solutions rather than inventory to be sold. As there are material tax differences among the different capital pools that you may own (for example, holding corporations, professional corporations, registered and non-registered capital), our customized solution will utilize the financial product most beneficial and best designed to reach your specific goal. All financial products that we recommend are thoroughly researched, matched to your lifestyle goals, and consistent with our investment thesis based on our current economic call.

Transparency and Accountability

Our team practices full transparency. We do not begin the investment process without providing a fully documented plan that includes your goals, mutually agreed-upon recommendations, and full transparency regarding any fees you may pay, including a specific dollar figure. Our practice is also fully fee-based, meaning you pay a fixed percentage rate which covers all of our services. This further aligns the interests of our team with your goals; we have no incentive to make trades for the purposes of generating commission, but only to make recommendations and decisions that will increase your net worth. The fee rate is determined by the size of your portfolio, how actively managed the assets are, and the particular financial products required to meet your specific goals.

Our ongoing service model is based on regular 'road-map' reviews. Although each of these reviews will have a market review element, the focus of each of these meetings is to ensure that the plan that we have in place still reflects and is achieving your holistic goals and priorities. We are comfortable using technology to maintain contact, and are available whenever you have questions about your retirement.

As a largely discretionary investment practice, our clients are generally involved in a strategic capacity, rather than on every tactical trade (the implementation of that strategy). Although we are open to an arrangement that allows you a 'do-it-yourself' portfolio where you select the individual holdings, we believe the value provided by the Popowich Karmali Advisory Group is to remove the worry and stress of individual stock-picking and provide a complete portfolio solution. This means that you will not be constantly called with offers for new securities and regarding every trade in your portfolio (perfect for those who are snowbirds, travel frequently, or who do not want the stress of making highly-detailed investment decisions), but fully expect your participation on any strategic decisions and portfolio changes being contemplated due to changes in the economic environment or material changes to your personal circumstances. This will ensure the continued alignment of your financial situation with your goals, while reducing your stress and the amount of work you may need to do to maintain your portfolio.