Richardson GMP

Did you know you can purchase GICs from Jefferson|Steele Wealth Management?

In discussions with clients in the past months we realized that most of our clients are not aware that we are able to buy GICs on their behalf. A couple reasons to talk to us about GIC investing:

  • We are able to access GICs from twenty different Canadian banks and Credit Unions.
  • GICs purchased via Jefferson|Steele Wealth Management are covered by Canada Deposit Insurance Corporation (CDIC), up to $100,000 per account.
  • In the case of GICs issued by BC Credit Unions for BC residents, the Government of BC makes this guarantee unlimited.
  • We offer terms up to 5 years.
  • Rates vary dramatically between offering institutions from day to day. For example, comparing just the Big 5 Banks the 5 year GIC rates offered, they range from 1.10% per year on the low end to 2.25% on the high end.*
  • We are able to comparison shop to find you the best rate.
So if you have GICs coming due and would like to talk with us about next steps, just give us a call and we are happy to provide further details.

*as of Wednesday, September 22 2015




Dwight Jefferson, CIMA®
Senior Vice President
Portfolio Manager
Tel.: 604.640.0555 • Email

Tyler Steele, CFA
Senior Vice President
Portfolio Manager
Tel.: 604.640.0554 • Email

Paul Rietkerk, CIM, FMA
Portfolio Manager
Tel.: 604.640.0562 • Email

Neil Kumar
Associate Investment Advisor
Tel.: 604.640.0406 • Email

Wendy Lloyd
Tel.: 604.640.0556 • Email

Jessica Dewey
Tel.: 604.640.0405 • Email

Brenda Geib, BA
Tel.: 604.640.0559 • Email

Richardson GMP Limited
500 – 550 Burrard Street
Vancouver, BC V6C 2B5

Toll Free: 1.866.640.0400
Fax: 604.640.0300

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The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson GMP Limited or its affiliates. Assumptions, opinions and estimates constitute the author's judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. The comments contained herein are general in nature and are not intended to be, nor should be construed to be, legal or tax advice to any particular individual. Accordingly, individuals should consult their own legal or tax advisors for advice with respect to the tax consequences to them, having regard to their own particular circumstances. Insurance services are offered through Richardson GMP Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, NB, NS, PEI and NL. Additional administrative support and policy management are provided by PPI Partners. Richardson GMP Limited is a member of Canadian Investor Protection Fund. Richardson is a trade-mark of James Richardson & Sons Limited. GMP is a registered trade-mark of GMP Securities L.P. Both used under license by Richardson GMP Limited.