Meet Andrea Thompson, Founder of Modern Cents in Bloor West Village, Swansea and Runnymede
Andrea Beitel, your local Realtor with Cloud Realty and the Gilmore Property Group, chats with Andrea Thompson, founder of Modern Cents, a financial advising company that features fee-for-service advice with no tied selling.
What will it take to make fee-for-service planning more available?
Andrea Thompson, founder of Modern Cents, weighs in on what can drive the future of fee-based planning
How To Get Unbiased Financial Advice
In the world of finances, there is almost always quite a large knowledge imbalance between the client and the provider. So how can we try to get unbiased financial advice? How do we know if the person helping us has our best interests in mind, or is just looking to bag a commission, regardless of the impact on our finances?
Simply Your Money with Andrea from Modern Cents
Andrea has an amazing way of taking complex Money Matters and boiling them down in an easy to understand way. Today we chat with Andrea Thompson of Modern Cents on Navigating Cross-Border Finances and Teaching Your Kids About Money
How can Justin and Nicole map out their financial future and set aside enough savings to serve as a pension plan?
The Financial Facelift
Beware TFSA pitfalls for non-resident Canadians
In some cases, closing accounts before moving abroad might make sense
The TFSA contribution bump: a mountain or a molehill for financial planning?
Ontario-based financial planner weighs in on how inflation has impacted savings, taxes, and debt for ordinary Canadians
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Can Alan, 53, generate enough dividend income to retire comfortably in seven years?
The Financial Facelift - Alan's long term goal is to increase his investment portfolio so that it generates $65,000 a year in dividends.
How to quell recession fears with younger clients
Now is also the time to review short-term financial goals with clients, says an advisor.
3 Canadian Women Share Why—And How—They Retired Early
There has been a 25 percent increase during the pandemic in the number of women in their 50s and 60s leaving the workforce before they had initially planned. Here’s why
Case Study: Modern Cents
We had a great conversation with Andrea on her experience using SideDrawer as her client engagement tool for her advice-only practice. Andrea started Modern Cents about a year ago after working on Bay Street, and had to find a tool that addressed a number of her needs - efficiency, security, and client experience.
Can Luna, 68, retire next year and keep her home, without having to downsize?
The Financial Facelift
How one advisor made the leap into fee-based financial planning
A decade after she first considered launching her own practice, Andrea Thompson is looking to address an underserved market
'Advice-only' advisor targets an underserved market
Andrea Thompson wanted to make financial planning available to “average Canadians.” So, she launched her virtual firm, Modern Cents, this year
How runaway inflation is affecting the income needs of ‘FIRE’ adherents
People looking to FIRE should have their plans stress-tested for “potential what-ifs," including market downturns like we’re experiencing now.