Accountants and Tax Specialists for Investment Advisors in Canada

As an investment advisor, you focus on helping your clients make smart decisions about their money. At CoPilot Tax, we focus on helping you do the same with your taxes. CoPilot Tax specializes in providing accounting and tax services specifically designed for investment advisors, financial advisors, wealth managers, and financial planners across Canada. We understand the unique realities of your industry, from navigating CIRO and MFDA rules to structuring a purchase or sale of a book of business. Whether you’re newly incorporated or unincorporated, exploring different compensation structures, or looking for a trusted financial partner, we’ve got the knowledge and experience to make your financial life easier.

If you’re searching for an accountant who truly understands financial advisors in Canada, you’ve found the right partner.

Why Investment Advisors Need Specialized Tax and Accounting Services

Investment advisors and financial planners face unique challenges that require specialized accounting expertise. Your income isn’t like that of a typical business, it can come from commissions, fees, salary, or bonuses, and how you earn can impact your taxes in a big way. This is where CoPilot Tax steps in. We understand the intricacies of your compensation and help you make the most of it by ensuring you pay only what’s required in taxes while maximizing savings.

Why Investment Advisors Choose CoPilot Tax:

Industry-Specific Expertise: We understand the language and business of investment advisors, financial planners, and wealth managers. Whether it be in the form of valuation for your book of business, various regulations like KYP or KYCs, the different forms of pay and the GST/HST rules around them.
Regulatory Incorporation Knowledge: We can guide you through CIRO incorporation rules and MFDA allowances for corporations.
Growth-Oriented Planning: We provide strategies for buying or selling a book of business, ensuring tax efficiency and smooth cash flow. We help manage taxes around your volatile income so you can keep managing your clients’ investments with volatile markets.

Services Tailored for Advisors, Planners, and Wealth Managers

Incorporate Guidance (CIRO and MFDA rules): Confirming eligiblity and positions to take in incorporating your business. And making sure you have the best structure to allow you to save tax and take advantage of income splitting.

Guidance for Buying or Selling a Book: Want to structure the purchase or sale of your book of business to make sure you pay the least amount of tax? This is where we can help.

Tax Deductions and Compliance: Home office, licensing, compliance fees, client entertainment, professional dues, marketing, and travel. We maximize your deductions so that you can pay less tax.

Tailored Tax Planning for Advisors

Tax planning isn’t a once-a-year task—it’s an ongoing process that changes with your goals and circumstances. At CoPilot Tax, we provide tailored tax strategies that help you get the most out of your earnings, manage your expenses, and prepare for the future. We understand that as an advisor, you may face fluctuating income, which means tax planning has to be flexible and proactive.

Our Approach to Tax Planning:

Managing Income Variability: We help smooth out the ups and downs of a variable income, ensuring you always have enough set aside for taxes and are not caught off guard by unexpected bills.

Long-term Tax Savings: Many tax preparers may only think about the current year when saving taxes. We think about the tax you will pay throughout your entire life. We strategies consider tax at death, tax at retirement, tax throughout your career, and even tax for your children.

Holistic Approach: An accountant who doesn't only thinks about tax is not a good accountant. We think about your business. We think about risk management. We think about investments. We think about your estate. We are not one-dimensional.

We Do More Than Just Accounting—We Help You Grow

At CoPilot Tax, we believe that good accounting goes beyond number-crunching. We become your financial partner, providing insights that help you not only manage your taxes but also grow your business. We work with you to understand your long-term goals and put strategies in place that help you reach them.

Our Services for Investment Advisors Include:

Bookkeeping & Accounting: We keep your books organized, your finances on track, and your tax obligations manageable.
Tax Planning and Compliance: Stay compliant while taking advantage of all the tax benefits available. We handle CRA requirements so you can focus on growing your client base.
Financial Reporting: Understand your business’s financial health at a glance. We provide accurate, clear reports that help you make the right decisions.
Virtual CFO Services: Get access to the expertise of a chief financial officer (CFO) without the cost of a full-time hire. We provide high-level insights and financial advice tailored to your needs.

Simplifying Your Financial Life

We know your main focus is on your clients—you’re there to help them navigate financial markets, make sound investments, and plan for their future. But when it comes to your finances, you deserve the same level of care and expertise. CoPilot Tax makes accounting simple. We explain everything in plain language, keep your financials organized, and always make sure you know where you stand.

What You Can Expect When You Work with CoPilot Tax:

More Time for Your Clients: By taking care of all your accounting and tax needs, we give you back valuable time so that you can focus on what matters most—your clients.
Save on Taxes: We have a deep understanding of the tax rules affecting investment advisors, and we use this knowledge to help you save as much as possible.
Less Stress, More Clarity: We’re always available to answer questions, and we make sure you’re never left wondering about your tax situation. With us on your side, you’ll always be prepared.

Let’s Grow Together

At CoPilot Tax, we’re here to be more than just accountants. We’re your partners, helping you grow your business, manage your income, and plan for your future. If you’re an investment advisor looking for a team that understands your world, your income, and your challenges, we’re here to help.

Book a consultation today and see how CoPilot Tax can help you take control of your finances, save on taxes, and grow your business confidently. Together, we’ll build a financial strategy that supports your goals and gives you peace of mind.

Get in Touch

Chat with our team of experienced professionals at CoPilot Tax to learn how we can help you save on your taxes.