Welcome to CIBC Wood Gundy White Rock.
We are a team of dedicated and experienced Investment Advisors, Associates and Assistants, who have the ability to deal with a variety of investment vehicles and investing styles. We are qualified to do business with clients in almost every Canadian province. As a team, we are committed to:
• Developing a personal relationship with you based on trust
• Gaining a thorough understanding of your situation, financial goals and risk tolerance
• Supporting the communities where we live and work
• Promoting a healthy, balanced personal and financial lifestyle
Our branch is unique in the investment industry because we work as a dedicated team to ensure each client receives the best advice and service to suit their needs and goals. We use this strength to your advantage – you benefit not only from your Investment Advisor's knowledge and experience, but also the collective wisdom of our team. As you review the information on our website, please consider how we can create solutions for your financial goals.
The current slow growth environment in the developed markets should favor high quality companies such as U.S. multinational companies – especially companies that not only pay but continue to grow their dividends annually. We realize it has been a difficult time for our clients. It runs, however, that following our advice in our last message to "stay the course" was the right thing to do. We have recovered somewhat since the recession and we are fortunate that we live in Canada. Our superior economic and fiscal prospects are making the country increasingly attractive to foreign investors.
It's important to remember that investing is a long-term endeavor, and some volatility, although unwelcome, is to be expected. The best way to deal with market fluctuations is to keep focused on one's investment goals. Keep in mind that every downturn is followed by a recovery which takes the markets higher than they had been in the past. This is true for the last several hundred years.
CIBC, because it is well capitalized and diversified, continues to be well positioned to manage through the current market uncertainties. We have the flexibility to invest in the ongoing development of our business.
Please feel free to call any one of the Advisors listed on this site if you have any questions or would like to discuss this further.
CIBC Wood Gundy
Neil Yarmoshuk, CFP, CIM, FCSI
White Rock Branch