At Red Seal Financial Ltd. we feel it’s important to have confidence in our insurance providers as well as our wealth management partners. So when the opportunity arises, we like to meet the the people who do the work and visit their offices (where applicable). This helps us gain a better understanding of their management styles, their priorities and their ability to put our clients’ best interest first.
On Monday, the 17th of September, the Red Seal Financial team had the opportunity to visit the WealthBar office in Vancouver, BC. Dawn Vader and David Lord attended a series of presentations where we learned about WealthBar’s technology and investment philosophy. We also had the opportunity to meet WealthBar’s Chief Investment Officer, Neville Joanes, and the Co-Founder Tea Nicola.
WealthBar is a digital investment service where you can open an investment account and have your funds managed by a portfolio manager.
Dependent on your personal risk tolerance, there are several investment funds to choose from ranging from low-cost Exchange Traded Funds (“ETF”) to higher-cost, actively managed funds from Nicola Wealth.
Nestled in the heart of Vancouver’s trendy Yaletown district, WealthBar’s office feels more like a tech office than a finance one. The desks are arranged in simple rows and the walls covered in whiteboards. The developers work alongside the customer service reps and the fund managers. Everyone on their staff is friendly and eager to help.
We liked the open, friendly and down-to-earth attitude of the WealthBar team. Red Seal Financial has decided to bring WealthBar on as a partner and our clients are now able to access WealthBar’s fund management service as part of our Financial Planning offering.