Wealth-By-Design Consulting provides customized financial solutions for affluent investors. Integrated and innovative investment strategies are utilized to preserve and build wealth. Since its inception in 1999, the Wealth-By-Design Team has come to be well regarded by investors, peers and the investment community due to disciplined and objective advice, provided to investors with an option to the traditional broker or financial planner through a fee-based alternative.
Many of Canada’s affluent families face significant financial challenges, including how to protect wealth that has been built, preserving and growing investment assets, planning for the future which includes education and retirement. The financial challenges and opportunities that families and individuals face require objective advice. John Tabet has been has been provided this kind of advice since founding Wealth-By-Design. The quality of advice comes due to a broad background in investment management. Advice spans investment management, insurance portfolio construction, general wealth and financial advice, helping clients make wise financial decisions.
Background:
John began his career during the infancy of discount brokerage. Gaining experience in fixed income and equity trading, working on the (then) floor of the Toronto Stock Exchange, and becoming a CATS (Computer Assisted Trading Specialist) John worked on behalf of the largest Canadian discount brokerage. During his career at TD and CIBC, John gained 3 key experiences that have shaped the nature of his investment advice, the structure of how he works with clients, and ultimately led him to become an independent financial advisor
While at TD and CIBC, John worked with private wealth managers. These fee-based wealth managers (called investment counsel) focus on long-term investment strategies. This experience provided the opportunity to study portfolio construction, and understand how high net-worth investors have portfolios structured, how the costs of investing are managed lower, and the benefit of a long term perspective. This experience led to an unwavering commitment to managing risk in client portfolios, managing client costs, and providing pro-active investment advice.
At CIBC, John saw first-hand the pros and cons of the new phenomenon of day trading. Too often, investors get caught up in faulty strategies, trying to catch the next stock. John learned the absolute discipline of entry and exit strategies, and the dangers of worrying too much about the daily volatility of investments or indexes. John understands the challenge of balancing long-term time horizon and short-term market volatility, and brings perspective and context to making investment decisions.
During his final years with CIBC Wealth Management, John managed a national team of wholesalers, advising brokers and planners on the benefits to two emerging trends in investing, the growth of index investing and investments, and the inherent conflict of interest in commission based investing and the shift to client focused, fee-based advice. This experience demonstrated to John the lack of objective, transparent, client focused advice that was available to a wide cross-section of affluent investors.
Pioneering, disciplined, and objective describe Wealth-By-Design consulting.