FROM THE TOP
Dynamic LIVE at Massey Hall
Retirement Income Summit: Finding Opportunity in The Big Shift
advisors attended physically & virtually!
Nearly one in five working Canadians have now entered retirement (roughly 7 million people), creating a critical demand for retirement advice. As thought leaders in retirement income planning, Dynamic Funds recently staged a very special LIVE event at Toronto’s Massey Hall, with nearly 2,000 advisors from coast to coast, attending both in person and virtually. For everyone who attended, our sincere thanks as we look forward to helping to change the retirement conversation in Canada.
In this special edition of Active Matters magazine, we’ll be presenting highlights from that Dynamic LIVE event, including insights and perspective from Dynamic’s investment team, our Chief Investment Strategist Myles Zyblock and our new Chief Retirement Income Strategist Daryl Diamond. With our Paycheque Portfolio™ approach, Dynamic Funds is helping advisors deliver consistent retirement income for their clients – in bull and bear markets alike.
Mark Brisley Managing Director and Head of Dynamic Funds
A Better Way to Build Retirement Portfolios
As the head of Dynamic Funds, I want to be clear. Dynamic Live is a day about portfolio construction, dedicated to helping advisors generate targeted, sustainable, and tax-efficient retirement income for their clients. A well-thought-out approach to an effective retirement income plan has always been important, but it's no secret now that the road to building a comfortable retirement has become much more difficult in the last few decades.
On the Critical Need for Advice in Retirement
In today’s economic environment, having a viable retirement income strategy is more important than ever. The only solution to address these challenges and opportunities is advice – your advice to Canadian investors. At Dynamic, "invest with advice” is much more than a tagline – it’s a core belief that we've held as a company for the last 65 years. It's why we're here together today, to support the efforts of those who provide advice.
Retirement Planning: No Place for DIY Investing
During the accumulation years for an investor, the do-it-yourself (DIY) option is feasible. We don't recommend it, but it's better than not investing at all. However, when it comes to converting accumulated assets into sustainable and efficient income, DIY investing is not feasible, whatsoever. You only retire once. Therefore, it’s essential to have an experienced financial advisor to help guide you through the process.
Building the Bridge Between Accumulation and Estate Planning
The need for retirement income strategies has historically been an underserved market in the Canadian wealth management landscape. The focus has primarily been on wealth accumulation, and the industry is heavily tilted to a discussion that goes from accumulation to estate planning. We want to build a bridge between these two subjects, with a renewed focus on retirement income.
On The Big Shift
The number of people nearing retirement has never been higher, with the last of the baby boom generation turning 60 this year. The early-stage Gen Xers, myself included, are now approaching their mid-'50s. This demographic shift will not reverse anytime soon – certainly not in our professional lifetimes. The coming wave of retirees is creating a critical need. And we’re going to show you what we believe is a better way to build sustainable retirement income.