David Garnier - Nova Scotia Portfolio Manager Priding Himself on Professional Conduct and Fiduciary Responsibility

David Garnier Nova Scotia is a Portfolio Manager based in Nova Scotia where he works for the Canadian Imperial Bank of Commerce (CIBC). He has worked with individuals trying to save and invest as well as businesses that need to mind their budget and spending better. Garnier became a leader at the CIBC retail division of Wood Gundy with his skill in investing and his ability to work in a team context as a leader and manager. He has created many opportunities for his clients to succeed as well as those working under him. He has had a successful career in Finance because of his fiduciary responsibility and his responsibility to his company and those who work for him.

David Garnier learned after he came to Nova Scotia to be a leader at the Wood Gundy office that his professional conduct is an extremely important part of his and his team’s success. Garnier takes it upon himself to create an open, collaborative work environment marked by clear communications and trust in one another. Garnier has worked with his team to foster this environment and while their efforts are essential to the continued success of his office, it is his own professional conduct and fiduciary responsibility that ultimately determines success in his office’s operations.
David Garnier Nova Scotia has worked as a manager over several teams of financial planners and workers at his office in Nova Scotia and he continues to lead by example so that everyone gets the same treatment and professional courtesy they expect when dealing with the CIBC.

David Garnier - Nova Scotia Portfolio Manager Explains Estate Planning

David Garnier is a Nova Scotia portfolio manager and the Vice President of the Canadian Imperial Bank of Commerce’s retail section, Wood Gundy. He has helped many private individuals plan their investments and their estates to be passed on to their families after they have passed. Garnier has also worked with companies to help them create solutions to stay in business and plan for the future. His experience has helped many clients in many ways since he started his career in financial planning, yet he explains the importance of estate planning time and time again.

Estate planning is the process of arranging and anticipating, during an individual’s life, for the disposal and management of the person’s estate. Most people have estates, whether they have a fancy house in the English countryside or not. This estate has to be legally prepared to be passed down to the next of kin or another individual of the person’s choice after they die. The client often sets the goals of his or her estate and plan for disposal and dispersal. Proper estate planning, as David Garnier in Nova Scotia knows, deals with maximizing the overall value of the estate by the reduction of taxes and other expenses.

David Garnier has worked with clients in Nova Scotia to help them plan their estate after they are gone. His clients have long sung Garnier’s praises throughout his career in finance and as a leader for the Canadian Imperial Bank of Commerce. He has helped many people plan their estates.

David Garnier - Nova Scotia Investment Expert’s Three Core Keys to Effective Interpersonal Communication

David Garnier has worked throughout his career to help his clients make the most effective investment and financial decisions as a financial advisor and Portfolio Manager in Nova Scotia. His work has earned him the position of Vice President at the Canadian Imperial Bank of Commerce’s Wood Gundy office. As a leader, he has to effectively manage several teams and their members so they can keep the banking organization running smoothly on behalf of their clients. Here are three keys to effective interpersonal communication he has learned in his career: 

• Understanding behavioral styles. As a leader, David Garnier has worked hard in his offices in Nova Scotia to understand his team and their behavior, as well as the reasons behind their behavior. Garnier works hard to understand why his team communicates the way they do.
• Listening. The best way to communicate effectively in a business setting or elsewhere is to listen to understand the messages of others. The leader of a team must be ready to respond to all the team members’ concerns, but first, he or she has to understand what they are, which must be gleaned by listening.
• Criticism is a learning tool. When others criticize you, you can’t always take it personally. Instead, think of criticism, (if it is constructive) as a learning tool, and opportunity to improve in some way. Don’t waste it.

David Garnier Nova Scotia has helped his clients in Nova Scotia make the best investment decisions, in part because of excellent communication with both his clients and his team members.

David Garnier - Nova Scotia Portfolio Manager’s Three Core Beliefs for Investing and Risk Management

David Garnier has many years of experience working as a Portfolio Manager and financial leader in Nova Scotia. He has helped businesses prepare for expansion, manage their budgets, and more throughout his career. Over that time working with complex investment and portfolio plans, Garnier has come to rely upon three core beliefs for investing and risk management that has helped his clients make the right investment decisions:

• Thoughtful diversification. There is more to effective diversification than holding assets not correlated to one another. It is an ongoing process that requires active risk identification and all that entails, including realistic projections on payoff horizons. David Garnier has long guided his clients to success with thoughtful diversification in Nova Scotia. 

• Meaningful perspective. Good investment advisors translate investment risk into language they are more familiar with so they can make the right decisions for now and the future. Different kinds of investors and organizations need different perspectives using different metrics to describe financial and investment situations.

• A Complete set of tools. Good investment firms make all of their resources and investment tools available to their clients. They equip their portfolio manager with everything they need to help their clients.

David Garnier Nova Scotia has created many opportunities for his clients as a Portfolio Manager and financial leader in Nova Scotia. He has many years of experience working with different organizations and clients to help them find the perfect investment strategies for them. Garnier stays to his core beliefs as a financial advisor with success throughout his career.

David Garnier Nova Scotia - Investing With Confidence

David Garnier of Nova Scotia has been working with investors for more than two decades and counting. This career path has been quite rewarding on multiple different levels, but it is also challenging. When you provide investment advice, you are taking on a great deal of responsibility. At the same time, it is enormously satisfying when your work yields significant gains, and your superiors invariably take notice.

David Garnier of Nova Scotia started out at CIBC (Canadian Imperial Bank of Commerce) Wood Gundy in 2003. At the time of this writing, he is a First Vice Present at the firm, and he is also a manager of investment portfolios.  His individual record of success is something that is going to instill confidence in investors, and it certainly helps when you can draw from an enormous store of resources. CIBC (Canadian Imperial Bank of Commerce) Wood Gundy is one of the most highly respected names in the Canadian investment arena. The firm operates in dozens of different branches throughout the country, and they employ well over 1000 investment counselors. Their offerings are comprehensive in nature, and in addition to their investment vehicles, they also offer insurance products.

As for company culture, the firm is built on a fierce commitment to customer focus. Your clientele is your lifeblood, and they deserve everything that you have to give. Integrity is another company value. From David Garnier Nova Scotia to the newest entry-level hire, personal and professional integrity is a requirement, and this comes across when the firm's members interact with investors.

David Garnier of Nova Scotia - Communication Skills Are Key

David Garnier of Nova Scotia has risen to a lofty position within the investment management sector. He is a Portfolio Manager at a leading investment concern, and he also holds a high management position within the company. The ability to crunch the numbers as you keep your finger on the pulse of market trends is a huge part of his job, but there are other facets that make for a well-rounded executive. One of them is the ability to communicate in an effective manner.

When you consider the importance of interpersonal communication, you are looking at a multifaceted subject. On the one hand, an executive like David Garnier of Nova Scotia has to communicate with coworkers. Many of the people that he interacts with report to him or someone under him, and he also has peers in the workplace. To be an effective leader, you have to get the best out of the people that you lead. The way that you communicate with them is going to have a significant impact on their performance. You can have an inspirational effect through the right form of communication. On the other side of the coin, morale can be deflated if you push the wrong buttons.

Communication skills are also necessary when you are dealing with clients who are entrusting you with their portfolios. There is a lot at stake, and high profile investors are going to want answers to their questions. Someone like David Garnier of Nova Scotia must have the ability to communicate effectively with these deeply engaged clients.

David Garnier of Nova Scotia - Taxes on Investment Income

David Garnier of Nova Scotia provides counsel to investors, and he has been in this field for twenty years. As a First Vice President and Portfolio Manager for CIBC (Canadian Imperial Bank of Commerce) Wood Gundy, he holds a very important position. The work that he does for his clients helps them maximize their financial capabilities. When these strategies have been successfully executed, these clients can realize their personal objectives, and they may also have the freedom to do things for their family members. 

When you are investing successfully, you have to be concerned about taxes on investment income. Unfortunately, you do not get to pocket the income without coming to some type of arrangement with the tax man. There is a tax to contend with that is called a capital gains tax, and it can come into play when you realize a gain. You realize a gain when you sell an appreciated asset and take possession of the proceeds. 

The fact that you have to pay taxes on your gains is the bad news, but David Garnier of Nova Scotia can also pass along some good news. In Canada, the entirety of the gain would not be subject to the capital gains tax. Only half of the gain would be subject to taxation, and the rate of the tax would be equal to the marginal tax rate that was applicable to the individual in question.

David Garnier Nova Scotia helps clients build their portfolios, and he also helps them address taxes. He can recommend strategies that provide capital gains tax efficiency.

David Garnier of Nova Scotia - Outside Interests

David Garnier of Nova Scotia has accomplished a great deal as a financial industry professional. He is a vice president for the financial arm of a leading bank in Canada, and he also manages portfolios for the firm's clients. When you learn about a successful business person, for the most part, you hear about professional achievements. This biographical material can be very interesting to absorb, and it can be personally instructive as you apply the “habits of successful people” to your own career path.

The qualities that successful people typically demonstrate are not exclusively played out in the workplace. Most organizations will place an emphasis on the value of work-life balance. You should certainly take your professional position seriously and do everything that you can to build on your abilities. At the same time, your outside interests can keep you on an even keel. For a person like David Garnier of Nova Scotia, family time is typically going to be a large part of this equation. He is married, and he has a daughter, so he has the ability to spend meaningful, quality time with his loved ones.

David Garnier of Nova Scotia also developed some recreational passions when he was younger, and he carries them with him to this day. He excels at badminton, and he is a golfer. These activities allow him to clear his mind and get some exercise and fresh air on some of his days off. When you mix hard work with enjoyable outside endeavors, you can strike the right balance and enjoy every facet of your life.

David Garnier of Dartmouth, Nova Scotia - Playing Gold is Relaxing

Living in Dartmouth, Nova Scotia, allows David Garnier to visit the Brightwood Gold and Country Club quite frequently. Playing golf is a unique experience, and it’s very rare that someone tries out the sport only to be put off by it and never revisit it again. Usually it’s the other end of the spectrum as people fall in love with this outdoor activity quite easily. While many of them play it exactly because of that outdoor aspect, there are actually more quantifiable, thoroughly logical arguments for the sport.

1. It teaches you how to concentrate more patiently
2. It allows you to work on your interpersonal skills
3. You can’t lose your manners at a golf court
4. Yes, the nature angle is quite obvious and true.

When you realize that in order to hit a perfect tee shot you have to gather yourself both physically and mentally, you have no choice but to relax and concentrate. Golf is a game of concentration, where the one who can relax and let loose, will likely win (provided that the players are at a similar level of course).

Another fun aspect of golf are the conversations. The game and the environment gives you such a potent combination that it will inspire spirited and often quite deep talks. David Garnier Nova Scotia of Dartmouth, Nova Scotia, notes that if you thought about picking up golf, you probably shouldn’t wait much longer until you try it. It’s a sport of skill, tranquility, and quite often, friendship.

David Garnier of Dartmouth, Nova Scotia - Interpersonal Communications

David Garnier of Dartmouth, Nova Scotia, notes that interpersonal communication is extremely important. In a team context where the goal is to understand others and at the same time make them understand you, interpersonal communication skills can literally decide the fate of the whole company. It all starts with recognizing its importance.

Just think about how communication can influence work relationships. How often it is the deciding factor one way or another? Interpersonal communication is also important when you work with people you have never worked before. After the initial, “get to know each other” phase, the group members will start to learn more and more about each other. In an environment where there are defined roles, conflicts are inevitable. The solution for those is, of course, proper communication.

Once again, the outcome will likely come down to the effectiveness of interpersonal communication between the two (or more) parties. This is more than team work, this is about an ability that can be learned. When one has developed this skill and becomes capable of having efficient communications, the whole working environment will benefit from it. When there is a habit of effective interpersonal communication in a work place, it is much easier to build a good team that will work together well.

David Garnier Nova Scotia, has worked in offices most of his adult life, often being in leading positions. As he notes, communication, and especially interpersonal communication skills are probably the most important qualities, skills that a leader can have.

David Garnier of Dartmouth, Nova Scotia - Competitive Sports Create Competitive People

David Garnier of Dartmouth, Nova Scotia, is an avid badminton player. While he is not a professional, he plays the game at a high level and a constant participant in local competitions. Playing a sport, any sport, at a competitive level can offer tremendous advantages to anyone, regardless of age or gender.

Physically overcoming an opponent (or a distance, a hoop, a goal post, anything) is a spiritually rewarding experience. Through sport we can learn to compete, against all odds, always. There are people who ooze competitiveness, they’ve always been that way and nothing can really change that about them.

There are, however, people out there who need a little bit of push, sometimes directly from themselves. If you really like a sport and you choose to do it competitively (remember, that does not have to mean professionally), you will often take a step out of your comfort zone. Sports in general can teach you so much.

There is the competition angle that we’ve already talked about, but there is also something else entirely. A chance to get over losses, to work out stuff you have to deal with. When you choose a pitch, a field, a mat or a court to get rid of your anxiety, you are doing a huge favor to both your body and mind.

David Garnier Nova Scotia of Dartmouth, Nova Scotia, notes that having sport as an essential part of your life, can be a tremendous investment in yourself. Make that investment today and learn first-hand what it means to use competitive sports as a tool to better your life.

David Garnier of Dartmouth, Nova Scotia - Badminton, a Sport of Pure Skill

David Garnier of Dartmouth, Nova Scotia, considers badminton to be one of the most exhilarating and skillful sports around. Considering the fact that it is played by more than 14 million people in 160 nations worldwide, he is not alone with this opinion. Badminton requires the presence of balance, footwork and flexibility while offering one of the best cardio workouts you will ever get.

Those who manage to master this skillful sport at a competitive level, usually stay in love with it for the rest of their lives. At its core, badminton is an easy sport to learn. Until you are paired up with a player who possesses similar abilities and skill level, it can be enjoyed immensely by any age and sex. Once you get to a certain level however, you really only benefit from matches played against better competition.

When you are paired up with a player significantly better than you, it’s like he or she plays a different sport. It takes time to get used to the changed playing field, but if you manage to do it, you’ll open up a level of enjoyment and intensity that was likely not available for you. Only the best players can bring out the best from each other, and this is as true to the amateur level, as it is to the professional scene.

Dartmouth, Nova Scotia’s David Garnier is an avid follower of the sport who participates at local competitions and is a well-known member of the region’s badminton scene.

David Garnier of Dartmouth, Nova Scotia - Things to Avoid with Retirement Planning

David Garnier Nova Scotia is the Vice President of CIBC (Canadian Imperial Bank of Commerce) Wood Gundy in Dartmouth, Nova Scotia. He is also a Portfolio Manager. As a Portfolio Manager, David Garnier often helps his Dartmouth, Nova Scotia, clients manage their retirement plans, savings and investments. When managing a retirement plan, professionals like Garnier often help their clients steer clear of common mistakes such as those below:

Not Starting Now – If you assume that you can start planning for retirement “later,” you’re sabotaging your future self. The ideal time to start saving for retirement is in your 20s, but many put it off until they are in their 40s. The sooner you begin, the more time your savings will have to earn compound interest and the more money you’ll have when you’re ready. This is because it isn’t just money that builds your retirement savings, it’s money increased by interest.

Procrastination is the biggest retirement killer and there will never be a “best” time to start. The time to start planning and saving for retirement is now. This is true regardless of when “now” is.

Relying on Social Security or Pension Plans – Many people assume that social security and pension plans will handle retirement savings for them, meaning that they do nothing. Relying on outside sources to handle your retirement is setting yourself up for failure.

Instead, work with a professional to make a retirement plan that takes social security or pension plans into account without relying on them. This will help you benefit from what is provided without damaging your retired life.

If you haven’t enlisted the help of a professional like Dartmouth, Nova Scotia’s David Garnier to manage your retirement portfolio, there’s no better time to get started than now.

David Garnier of Dartmouth, Nova Scotia - Retirement Planning Tips

David Garnier of Dartmouth, Nova Scotia, is an experienced financial professional working with CIBC (Canadian Imperial Bank of Commerce) Wood Gundy. As Vice President and a Portfolio Manager, David Garnier helps his Dartmouth, Nova Scotia, clients with a number of financial tasks. Among the most common forms of assistance given by such professionals in retirement planning. The tips below are just some of many that these professionals help their clients apply to achieve retirement security:

• Establish an RRSP – An individual TFSA account, or an Investment account, will help you build a nest egg. Usually, traditional Group   RRSP’s are ideal for those who have a workplace retirement plan and RRSP’s s are ideal for those who do not, generally speaking. Once you have established an RRSP, consider the maximum contribution limits and aim to meet them each year.
• Use Catch-Up Contributions – The earlier you begin saving for retirement, the better, but even if you didn’t get an early start you can take advantage of catch-up contributions. Always increase your contributions to the maximum allowed amount for maximum return.
• Automate Everything – Follow the principle of paying yourself first by automating a deposit to your RRSP as soon as your payments clear each pay period. This ensures that you save enough to retire regardless of what happens in your life now.

David Garnier’s Dartmouth, Nova Scotia, clients rely on him to manage their financial portfolios and, in turn, their retirement plans. By finding a similar professional to rely on, you’ll gain a valuable ally in protecting your future.

David Garnier of Dartmouth, Nova Scotia - Tips for Effective Risk Management

David Garnier of Dartmouth, Nova Scotia, is an experienced financial professional working with CIBC (Canadian Imperial Bank of Commerce) Wood Gundy. Professionals like Dartmouth, Nova Scotia’s David Garnier are often skilled in risk management, which is the process of assessing financial risks and minimizing their potential impact.

Without years of experience and a specialized education, most investors are unable to perform proper risk management on their financial portfolios. The tips below are just some of many that investors receive when they enlist professional aid:

• Define Before Beginning – It seems obvious, but defining your goals, risk tolerances and risk assessment frequency before you begin investing will keep you safe. Spend time developing a plan to minimize your risk so that you have a sound structure to follow once you’re investing. This will prevent chancy behaviors like performance chasing.
• Group Your Assets – Though it isn’t always possible, you should group your assets where you can for easier management. The fewer asset groups you work with, the easier it is to manage your risk. This isn’t easy in a diversified financial portfolio, but keeping the rule in mind can aid you in risk management regardless.
• Allow for Evolution – Your first-round risk assessment isn’t going to reflect what you know and do as you gain more experience. As your investing evolves, so must your risk management strategy.

David Garnier Nova Scotia is able to effectively evaluate and minimize risk in his clients’ portfolios. If your investment portfolio lacks similar professional oversight, working with a respected financial institution in your area can help you manage risks and improve stability.

David Garnier of Dartmouth, Nova Scotia - Investment Portfolio Management Tips for Retirement

David Garnier is a Portfolio Manager and a Vice President of CIBC (Canadian Imperial Bank of Commerce) Wood Gundy in Dartmouth, Nova Scotia. As a Portfolio Manager, David Garnier assists clients in and around Dartmouth, Nova Scotia, with managing and improving their financial portfolios. Serious investors seek portfolio managers because they hope to increase their wealth, financial security and, often, retirement prospects.

The tips below are some of many that portfolio managers might give their clients to help secure a comfortable retirement:

• Diversify – Spreading your investments across a number of asset classes and instruments diversifies your portfolio to protect it against the ups and downs of the market. Stocks, bonds, index funds, cash equivalents and many other options allow you to evenly and securely allocate your investments to protect you over the years. 
• Preservation of Capital – Your nest egg or retirement fund represents a significant portion of your life’s savings. This capital must be preserved as much as possible to reduce the volatility of your investments. The best ways to do this are often through low-risk stocks and other investments with little to no rapid changes.
• Large-Cap, Dividend-Paying Stocks – By investing in large-cap, dividend-paying stocks, you can secure a regular income for patient retirement savings. These stocks are often in health care, consumer staples, Banks, utilities and Pipelines.

Rather than managing your portfolio on your own, consider reaching out to a professional like David Garnier Nova Scotia , clients do. Though it is an extra expense, the profits typically outweigh the costs.