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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.

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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.

According to Paul Vorstadt, planning is a key component to wealth management and wealth preservation. Whether it is newfound wealth from an inheritance, or some other windfall, it is important to find a financial planner to assist you in reaching your financial goals.

When you have found a financial planner, work with him or her to determine needs, goals, and expectations. Situations such as small business ownership and retirement expectations need to be analyzed in order to find the best way for you to manage and preserve your wealth. It is also important to explore multiple scenarios to protect your nest egg should any unexpected situations arise, such as health issues or extreme market fluctuations.

Paul Vorstadt has extensive career experience in the investment management industry. Since 2011, he has worked as Vice President and Portfolio Manager at Dundee Securities Ltd. in Toronto. He specializes in retirement planning, wealth preservation, and assisting his clients with achieving financial independence.

© 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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