It鈥檚 hard to resist those advertisements for online self-serve investment companies. They鈥檙e very tempting 鈥� who doesn鈥檛 like the idea of low-fee, high-return investments that allow you to retire early? But there鈥檚 more to creating wealth than just profitable investments.

鈥淚nvestments are just part of the story. One of the biggest downfalls people have is thinking that investments are the only factor in growing wealth,鈥� says Aaron Robertson a Portfolio Manager with . 鈥淥ften my new and potential clients just haven鈥檛 been taught that there鈥檚 more to wealth management. I help them figure out the various of their financial life.鈥�

Choosing investments with steady growth is just the beginning. Robertson says you should also work with an expert to develop a savings plan, a tax planning strategy, estate planning strategies, wealth protection strategies and more.

鈥淎n investment that offers a 10 per cent return is good. But what if we could save you 20 per cent in taxes, by building a better tax strategy? There鈥檚 lots to consider when you鈥檙e trying to grow wealth.鈥�

The steady hand of a wise advisor

Robertson says another common mistake investors make is panicking when markets go down. That鈥檚 why he does his best to prepare his clients, and when investments are doing well he reminds them that downturns happen too.

鈥淭he worst thing you can do is pull money out when the market鈥檚 at its lowest,鈥� Robertson says. 鈥淲hen we look at the last major downturn in 2008 or even the shorter dip at the beginning of the pandemic, people who left their investments alone are far better off now than those who sold in the middle of the downturn.鈥�

Among clients at Alitis, who must have minimum $250,000 in household assets, most have the ability to ride out market fluctuations and wait for growth to return.

Diversification also helps protect Robertson鈥檚 clients from market fluctuations, and because Alitis offers private and alternative investments it鈥檚 easier to add more diversification to a portfolio. With a suite of investment products managed in-house by the Alitis Investment Committee, it鈥檚 easy to make moves with speed and precision.

Aaron Robertson lives with his family in Campbell River, which he鈥檚 called home for most of his life. When he鈥檚 not advising his clients on all things financial, you can find him enjoying the outdoors or coaching his kids in a variety of sports.

To book an appointment, call 250-287-4933 or email info@alitis.ca. Connect with Alitis Investment Counsel at .