Vice President & Portfolio Mangaer at Dundee Capital Markets
About Paul Vorstadt
For the better part of two decades Paul Vorstadt has been pulling back the curtain on the world of finance. He and his team have broken away from the traditional Wall Street/Bay Street business model by embracing their role as client advocates offering advice based on a fiduciary relationship of loyalty and trust.
With a strategy designed to reduce the emotional anxiety of trying to maintain, grow and ultimately pass on their wealth Paul encourages and assists his clients in taking control of their wealth planning needs today, so they are prepared for the uncertainties and challenges the future may bring. By eliminating the stress that comes from the feeling of financially having to do something without knowing what that something is, Paul provides his clients a greater ability to embrace today.
There is no better experience for Paul than watching a client who enters his office feeling overwhelmed and frustrated leave with an overwhelming sense of calm – a feeling that comes from gaining control over ones finances. As one client stated, “That’s what I was missing.”( Lee Jacobson, client since 2012).
Specialties: Portfolio Management, Wealth Planning, Retirement Planning, Income Planning, Risk Management, Financial Planning, Exit Strategy’s, Stress Testing, ETF’s, Securities, Mutual Funds, Investments, Insurance Planning and Divorce Financial Analysis
After graduating from Wilfrid Laurier University with his BA in economics, Vorstadt began his career as a financial consultant with Investors Group Financial Services, Inc. Soon after joining the company, he became an associate regional director, which required him to train and recruit new talent along with maintaining his own financial planning practice. He moved on from Investors Group in 2002 after a successful tenure.
In addition to his university education, Paul Vorstadt completed continuing education in such areas as management techniques, hedge funds, and mutual funds. Further, he holds designation as a fellow with the Canadian Securities Institute. In his spare time, he enjoys the sports of golf and hockey.
The Distinct Roles of Investment Adviser and Portfolio Manager
A longtime Toronto financial adviser, Paul Vorstadt serves as vice president and portfolio manager with Dundee Goodman Private Wealth. One topic clients of Paul Vorstadt’s firm have interest in involves the distinct roles of the investment adviser (IA) and portfolio manager (PM).
The IA has a role of providing individuals and businesses with planning services related to investment pathways. The ultimate goal is to help navigate a complex array of retirement and education savings strategies and to inform clients of allocation possibilities toward achieving set goals.
The PM has a more direct role to play in investment choices and often operates on behalf of clients on a discretionary authority basis. Actively managing the portfolio means making specific allocation decisions on whether to buy, sell, or hold on to investment holdings. Naturally, these activities take place within client-informed goal and risk tolerance parameters, which define the overall make-up of the portfolio.
To learn more about specific advisory and asset management pathways, visit Dundee Goodman Private Wealth at dundeegoodmanprivatewealth.com.