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Richardson Wealth - SEKO Wealth Advisors
The Independent Source

May 2025 

Guide to TFSAs for younger investors

For younger investors, Richardson Wealth has created educational videos to help in getting started with investing. TFSAs are one of the most accessible and effective tools available to young Canadians - but they’re often misunderstood or underused. In this first episode of our new video series, we break it down so you can make the most of it, right now. If you know someone who might benefit, please pass this on to friends or younger relatives who are newer to investing!


Market Update with Craig Basinger

After a turbulent April, please join SEKO Wealth Advisors and Craig Basinger, Chief Market Strategist at Purpose Investments, for our most recent quarterly market outlook.
 


Mortgage Insurance VS. Life Insurance

Even if you are not in the market for mortgage insurance or insurance, you may have relatives who are. Click here for our recent article comparing mortgage insurance and life insurance. As always, please reach out to our team should you have any questions on this.


Why We Request Your Notice of Assessment and Tax Returns — Personal and Corporate

As your financial advisors, we are responsible for more than just managing your investments—we are here to build and implement a strategy that’s fully aligned with your tax position, long-term goals, and corporate structure. To do this well, it’s extremely helpful to review your personal and corporate Notice of Assessments (NOAs), and where applicable, recent tax returns. For more information on this, please read this PDF.


Visualized: Global Military Spending as a Share of GDP in 2024

In 2024, the world spent 2.5% of its GDP, around $2.7 trillion, on the military.
Military spending is often a priority for countries dealing with armed conflicts, geopolitical tensions, or strategic competition (like between the U.S. and China).

This infographic ranks countries by their military spending as a share of GDP in 2024, revealing how much countries spend on defense relative to the size of their economy.


Does Anyone Care that Keynesianism Doesn’t Work?

Milton Friedman, Art Laffer and other market-believing economists had their long day in the sun during the 1980s and 1990s. Tax rates fell, and government spending declined relative to GDP. But – ironically, in the long run, and long after he passed away – John Maynard Keynes got his revenge.

Read the full article by FirstTrust here.
 

Tyler Steele BA, CFA®, FEA
Senior Portfolio Manager, Senior Investment Advisor
Tel.: 604.640.0554 • Email
 

Neil Kumar CIM®, FEA
Senior Portfolio Manager, Senior Investment Advisor
Tel.: 604.640.0406 • Email
 

Jessica Dewey BA
Associate
Tel.: 604.640.0405 • Email 
 

Brenda Geib BA, PFP
Associate
Tel.: 604.640.0559 • Email
 

Heather Meehan
Assistant
Email
 

Jaideep Sandhu CFA®
Portfolio Analytics Associate
Tel.: 604.640.0254  •  Email
 

Amelia Wigan B.Sc.
Assistant, Team Coordinator
Tel.: 604.640.0209 • Email

Tim Engelbert CIM, B.Sc.
Senior Portfolio Manager, Senior Investment Advisor
Tel.: 604.640.0317  •  Email
 

Rory O'Connor CIM
Senior Portfolio Manager, Senior Investment Advisor
Tel.: 604.640.0315  •  Email
 

Maryam Fejvai
Associate
Tel.: 604.640.0556 • Email
 

Jackson Kern
Associate
Tel.: 604.678.6583 • Email 
 

Danielle O'Neill PFP
Associate Investment Advisor
Tel.: 604.640.0309  •  Email
 

Jennica Vegelahn
Associate
Tel.: 604.640.0319  •  Email

 
Serina Girdherlal
Associate
Tel.: 604.640.0236  •  Email

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 Wealth 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. Insurance services are offered through Richardson Wealth Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, NB, NS, PEI and NL. Richardson Wealth is a trademark of James Richardson & Sons Limited, used under license.

Address: Guinness Tower, 1055 West Hastings Street, Suite 2200 Vancouver BC V6E 2E9 Canada