Verus Financial

This Isn't Investing, It’s Family—Invested. Let us help you create the life you’ve earned. We have the expertise required to navigate life’s trickiest transitions and create enduring family legacies for generations to come. From personalized investment portfolios to in-depth financial planning to nurturing your business transition, we provide expert advice and deliver a holistic wealth management experience that instills confidence in your family’s future. It all starts with a conversation! Connect with us at https://lnkd.in/gMCKku_F to start building your family legacy today. Disclaimer: National Bank Financial – Wealth Management (NBFWM) is a division of National Bank Financial Inc. (NBF), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF. NBF is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF), and is a wholly-owned subsidiary of NBC, a public company listed on the Toronto Stock Exchange (TSX: NA). #wealth #investing #wealthmanagment #financialplanning #legacy #vancouver #canada

📈 Current cash allocations are lower than during the peaks of the tech bubble and the global financial crisis, reflecting a market with little fear. Source: StealthQE4, JP Morgan #MarketSentiment #InvestmentTrends #FinancialMarkets

❗ Risk assets have had no shortage of buyers lately. US stocks just capped their sixth straight up week, retail sentiment is sky high, and Bank of America’s fund manager survey showed bullishness rules the institutional set, too. One place the euphoric spirit is far less pronounced is among corporate insiders, people worth watching given their privileged view into the workings of the companies they run. Read the full article here: https://lnkd.in/gykNVPRa

📈 Bank of America's October 2024 Global Fund Manager Survey revealed a significant rise in investor optimism, the largest in over four years. Stock allocations surged to a net 31% overweight, while bond allocations dropped to a net 15% underweight. #InvestorInsights #MarketTrends

❗ Canada's inflation rate fell to 1.6 per cent in September, Statistics Canada reported Tuesday, after hitting the Bank of Canada's 2 per cent goal in August. The data agency said the numbers marked the smallest year-over-year increase to the consumer price index since February 2021. Read all about it here: https://lnkd.in/g_m56skW

U.S. Election uncertainty is making small businesses cautious. Firm planning to hire has decreased while uncertainty index has spiked. Source: NBC Economics and Strategy (data via Bloomberg)

Life’s unpredictability can pose significant challenges, making it essential to have a financial cushion that can absorb unexpected expenses. Alarmingly, a significant portion of people would struggle with unexpected costs, as seen in a survey where 26% of Canadians expressed that they wouldn’t be able to cover an unexpected $500 expense. Read our latest blog post on why every financial plan needs an emergency fund: https://lnkd.in/gGrG6pVy

Investor optimism saw its largest surge since June 2020, driven by Fed rate cuts, China’s stimulus, and hopes for a soft landing. Stock allocations jumped, while bond allocations declined. Source: BofA Research: October Global Fund Manager Survey #investing #stockmarket

Five years ago today, Verus Financial made the leap to National Bank Financial. At the time, Chase Gordon and I were just two young kids. Although it feels like yesterday, countless lessons have been learned, each one making us stronger and more prepared for the next five years ahead. We’re grateful for the challenges, the growth, and the trust our families have placed in us. Here’s to what’s next! #5YearAnniversary #WealthManagement #LookingAhead

Statistics Canada reported a 1.6% annual inflation rate in September, down from 2% in August, driven by lower gasoline prices. This is the slowest inflation since February 2021. #InflationUpdate #CanadianEconomy #MarketTrends