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Paul Vorstadt – St. John’s Rehab Foundation

September 24, 2014
Community Outreach, Paul Vorstadt
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Financial services professional Paul Vorstadt serves as a portfolio manager with National Bank Financial in Toronto and offers guidance in risk, wealth, and portfolio management. In philanthropic matters, Paul Vorstadt previously co-chaired a golf tournament on behalf of the St. John’s Rehab Foundation.

A division of Sunnybrook Health Sciences Centre, St. John’s Rehab provides specialized inpatient and outpatient rehabilitation services from its facility in Toronto. Individuals with serious illnesses and injuries utilize this hospital for physical, emotional, and psychological aid. Its professionals treat individuals recovering from strokes, burns, organ transplants, and cancer. Also responsible for performing research into rehabilitation science, St. John’s Rehab requires money from the public to continue offering superior care.

In January 2014, the St. John’s Rehab Foundation ceased its fundraising activities after 30 years. Although it continues to distribute its pre-existing assets and funds, such as multi-year pledges and endowments, the organization decided to stop actively seeking new monies. Recognizing the importance of St. John’s Rehab to Canada’s aging population, Sunnybrook Health Sciences Centre will take on the fundraising responsibilities and continue to support the group’s efforts. The board of St. John’s Rehab Foundation will advise during this transition.

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

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Potential Career Paths for Economics Majors

February 25, 2014
Paul Vorstadt
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Toronto-based discretionary portfolio manager Paul Vorstadt presently serves as a portfolio manager with National Bank Financial. To prepare for his career, Paul Vorstadt studied economics at Wilfrid Laurier University.

In addition to their conventional roles as banking professionals or portfolio managers, people who earn a degree in economics now find that they have career options available in a wide array of fields, including commercial business, government, and education. The average student who graduates with an economics degree is highly competitive as compared to peers with other business degrees, as large organizations value the analytical training economics students receive.

For individuals who have studied economics, there are a number of government positions available, including agricultural and urban economics agencies. In some states, general economics education is required to teach at the high school level, which gives graduates in the field an advantage over their peers. Some common professional titles for economics majors include project administrator, operations research systems analyst, and statistician.

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

Finding the Right Kind of Investment Planning

February 7, 2014
Paul Vorstadt
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A portfolio manager for National Bank Financial, Paul Vorstadt makes sure to keep his clients informed about the ups and downs of financial markets. Additionally, Paul Vorstadt encourages his clients to ask questions of their financial planners rather than trusting them implicitly. Significant differences exist between planners, with two major philosophies dominating within their ranks.

Fiduciary planners are legally required to place the client’s interests ahead of their own and their firm’s. They must exercise prudence in making their recommendations and must disclose important aspects of any financial entities. They must have no conflicts of interest. If such conflicts are unavoidable, they must manage them in the client’s best interest.

Suitability planning, by contrast, maintains that investment decisions must only be suitable to the client’s particular situation. Regulatory authorities mandate that brokers have a “reasonable basis” for their decisions.

Investors should ask several questions of their advisors. For example, they should always ask whether the advisor is fiduciary, making decisions in the investor’s best interest, or whether the advisor believes in suitability instead. They should ask whether the advisor will reveal all necessary facts about financial products, such as conflicts of interest. Finally, investors should ask in advance what fees and expenses will apply to their account.

 

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

The Advantages of Having a Discretionary Portfolio Manager

January 31, 2014
Dundee Capital Markets, Paul Vorstadt
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Paul Vorstadt has served the Toronto area as a financial expert for more than two decades. Paul Vorstadt serves National Bank Financial  as a discretionary portfolio manager.

Discretionary portfolio managers are financial investors who oversee the daily activities necessary for strategic investment. Because they can make buy and sell decisions without consulting their clients on each individual investment, they enjoy a great deal of freedom and flexibility, though they are still bound by their clients’ predetermined investment guidelines.

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Unlike stockbrokers, who only act on direct orders from the client, discretionary portfolio managers can make real-time decisions should an appropriate opportunity present itself. For example, they can assist individuals who have suddenly come into a large amount of capital that they wish to invest over a long period of time rather than deposit into an ordinary savings account.

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

 

The Roles of Portfolio Managers and Investment Advisors

December 21, 2013
Paul Vorstadt
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Paul Vorstadt serves as a portfolio manager at National Bank Financial. In his role as a portfolio manager, Paul Vorstadt leverages years of experience helping clients to make sound investment decisions.

What does a portfolio manager do?

The portfolio manager, or PM, is the person with the most authority in client communications. The PM not only manages clients’ investments, but may also advise clients about when, where, and with whom to invest. The PM becomes intimately familiar with clients’ investment histories, current accounts, and plans for the future, and often has authority to make investment decisions for the client.

What is the role of an investment advisor?

An investment advisor, or IA, essentially helps clients make the wisest choice with their money. Whether clients are investing for retirement, savings, or general protection, IAs help make the investment process less complex and guide clients on how to achieve their financial goals.

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

Paul Vorstadt – How Golfers Can Improve Their Driving Distance

December 3, 2013
Paul Vorstadt
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As a portfolio manager for National Bank Financial, Paul Vorstadt offers clients a wide range of services, including estate planning, general portfolio management, and wealth management. In his spare time, Paul Vorstadt enjoys playing hockey and golf, and he has served as co-chair of the golf tournament for St. John’s Rehab in Toronto.

Here are a few tips on how golfers can improve their driving distance:

Assume the proper stance—When golfers address the ball, both the shoulder and left foot should be facing in the direction of the target. The left foot should also be positioned directly beneath the left shoulder at a 45-degree angle.

Don’t swing too hard—As golfers bring their clubs back to begin the backswing, they should remember not to swing too hard at first. The movement should be performed at a normal pace, as rushing the backswing can interrupt one’s timing, which in turn can hinder a golfer’s ability to hit the ball farther.

Don’t grip the club too tightly—When attempting to add distance, one’s grip on the club should be firm but not too firm. If judging on a scale from one to 10, the grip should not exceed a five.

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

Portfolio Management Strategies – Active Versus Passive

November 4, 2013
Dundee Capital Markets
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Paul Vorstadt works at National Bank Financial, as portfolio manager and vice president. He has served financial clients since 1994, offering a wide range of services to best suit their needs. Paul Vorstadt provides expert portfolio management in order to prepare his customers for the future.

Portfolio management refers to arranging investments in order to reach certain goals. There are a number of different approaches, and each suits some better than others. Passive management is an approach that was popular during the 1990s. These types of funds are the choice of investors who are comfortable with market-level rates of return. Strategic asset allocation is a passive management approach where the portfolio is fixed, and a typical blend of investments might include 10 percent cash, 30 percent bonds, and 60 percent equities.

Active management is where a portfolio manager allocates a client’s assets by way of certain strategies. In tactical asset allocation, the mix can be altered to react to changing financial conditions. This enables an investment professional to manage risk continuously by balancing the client’s investment portfolio.

 

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

Portfolio Management Offers Multiple Benefits for Business Project

September 13, 2013
Paul Vorstadt
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As a professional in financial services, Paul Vorstadt currently works with National Bank Financial. He brings nearly two decades of experience developing solid strategies to assist clients with all aspects of financial planning. Paul Vorstadt’s specialties include areas of finance such as risk management, wealth management, and finance management during divorce. In addition, he offers assistance to clients in the form of general portfolio management.

Portfolio management covers multiple aspects of finance, most commonly involving investments. Individuals who assist clients with portfolio management may advise them regarding the correlation of investments to objectives or goals, in addition to evaluating risk in relation to the performance of a corporation or institution.

Undergoing general or project portfolio management provides several benefits to a corporation or other business. Considering that portfolio management helps business leaders and other executives visualize available funding, it may help to provide more accurate estimates for project budgets. This may result in an overall reduction in the occurrence of overspending.

The streamlined organization of project funding may also help to make overall project plans more efficient and result in more success for each project. This is due to a decrease in factors such as schedule delays and poorly managed resources.

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

The Whitby Minor Hockey Association

August 14, 2013
Paul Vorstadt
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When Paul Vorstadt joined National Bank Financial in 2016, he had about 21 years of experience in the financial services industry, more than half of which was spent as a vice president at TD Waterhouse in Markham, Ontario. When not attending to his professional responsibilities, Paul Vorstadt actively participates in community activities, co-chairing the St. John’s Rehab Foundation Golf Classic and coaching for the Whitby Minor Hockey Association (WMHA).

Minor ice hockey in Canada, not to be confused with minor league professional hockey, refers to organized amateur youth ice hockey governed by Hockey Canada. The WMHA traces its roots to the early years of the 20th century and has belonged to the provincial body, the Ontario Minor Hockey Association, for more than 75 years.

For the 2013 – 14 season, approximately 2,550 boys and girls will play for about 158 house league teams, and another 600 or so will play for WMHA’s 35 representative teams. The house league is organized into teams by age, and those compete against each other; the representative teams, also organized by age, compete against teams from other hockey associations, often traveling to other cities for their matches. Only residents of Whitby may play on SMHA teams.

Many current and former National Hockey League players played minor hockey with WMHA, including Wayne and Keith Primeau, Paul Ranger, Jamie Allison, Peter Vipond, Brad Dalgamo, and Mike Keenan.

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

Paul Vorstadt: How Can a Certified Divorce Financial Analyst Help You?

January 25, 2013
Uncategorized
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For many couples, a divorce may be the most trying period of their lives. Not only must they deal with emotional repercussions, but they must also perform the monumental task of dividing a shared life.

Often, this takes a much greater financial toll on families than anticipated. Shared assets and shared debts must be dealt with fairly. Couples used to having combined incomes, or stay-at-home spouses who are not accustomed to working, must face an entirely new financial reality. This is where a Certified Divorce Financial Analyst, or CDFA, can help. CDFAs are deeply familiar with the financial pitfalls of divorce. They can help explain often-confusing choices and help clients to traverse the difficulties ahead.

By giving clients a clearer view of their options in the divorce process, CDFAs can help people save money. They can also help to predict the long-term implications of the divorce settlement, including tax benefits and liabilities, current financial requirements, and even retirement needs. Finally, they can address immediate needs, helping to create realistic new household budgets.

About Paul Vorstadt: A Certified Divorce Financial Analyst and a financial planner, Paul Vorstadt possesses experience in divorce settlement, wealth preservation, portfolio-building, and retirement income planning.

© NATIONAL BANK FINANCIAL. All rights reserved 2013 – 2017.
National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA: TSX).

Products and services of the National Bank Financial — Wealth Management are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this Website is subject to change without notice. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their financial adviser to determine if these securities may lawfully be sold in their jurisdiction.

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