Parallel Wealth Financial Group Inc.

For the past year I have followed Parallel Wealth’s on-line program and thought they should have a look at our retirement planning as we are 3-4 years out. What an amazing experience. The information presented provided a road map to taxes, pensions, and spending. There were questions, and much needed discussion regarding, for example, purchasing of cars and saving for weddings. The team thought of everything. The overall process added clarity and comfort that we have indeed taken the slow and steady approach to financial stability. This is an amazing company with everything so well laid out. I give the entire team, with a special call out to Brett, a sincere thank you! Job well done!

I regret not doing more research before hiring a firm that I found on YouTube. I thought I had hired an experienced financial planner (according to my contract, a financial planner with about 15 years of experience (Adam Bornn)) for my retirement planning; but at some point was passed off (without my knowledge or any discussion) to someone with little financial planning experience (Kyle). I would never hire someone inexperienced given the complexities of retirement planning; this was not what I was looking for (in my opinion, "Bait and Switch"). I expect, for example, the financial planning work to be done accurately; otherwise I can do it better myself (poor quality service from Kyle; the admin assistant would have been better). The "could care less" attitude about the work quality and my input was not appreciated. It is, after all, my money; not theirs. Also, in my opinion, they are condescending to and dismissive of women; hard to believe that it is 2023. As there was little interest in addressing my concerns, this review should come as no surprise or disappointment. There are many experienced financial planners out there; I should have gone elsewhere. I would not recommend this firm. A waste of money and time. As a former client, perhaps my information has been deleted from your system. This is a legitimate review. EJS..

I am generally not Someone who tends to write reviews, but I will make an exception here. I accidentally came across Adams, YouTube videos a couple of years ago and found him quite interesting and knowledgeable. One of the things that greatly interested me what is the option to have Adam and his crew do a fee for services plan. I had never seen this offered in the financial services industry to this point, so after some research and deliberation, I reached out to him. He answered all my questions Honestly and quickly. I appreciate that. Long story short, we signed up for a full retirement analysis for both my wife, myself our operating Corp. and our holding Corp. What followed was almost overwhelming in terms of supportive paperwork and personalized videos, as well as zoom calls and of course plenty of emails . They left no stone unturned in my opinion. And certainly if I had any question of which they were very few because of the thoroughness, they were addressed promptly. I do not have a personal financial planner, and do everything myself in terms of future planning, but what Adam and his associates have supplied me with, has given me a perfectly clear road, with options that I can use moving forward. I would not hesitate to recommend Paralell wealth to anyone that is looking for either an advisor or a fee for a service program. Simply top-notch! Thank you all for your time, input and help. John E.

I was pleasantly surprised by the financial plan we received and the presenter, Jon, was very personalble and knowledgable about what he was talking about. To summarize, the plan (if it goes as presented) will give us a decent income and peace of mind.

My wife and I started thinking about our possible retirement. We began collecting sample financial information and investigating how retirement works in Canada. We began to listen formal talks given by Canadian financial institutions, asked our retired friends and of course, consulted with our financial advisor. One of source of information was the internet and YouTube, where you can find almost unlimited information and advice. While browsing through internet and YouTube, we found the videos of Adam Bornn, from Parallel Wealth, in the year 2022. These videos captured our attention, for the topics covered, the way of presenting and explaining them in a professional but at the same time human, simple and realistic way. Mr. Bornn presented at YouTube real examples and the product that Parallel Wealth offered to clients, which was not only the calculation of the withdrawal allocation, but the way to do it, the fiscal implications and the taxes to be paid per year. We made the decision to contact Parallel Wealth. We reviewed their website and sent an email to contact the company and asked about their services. We received from Parallel Wealth precise instructions on the information to be sent and its level of detail, steps to follow and payment method. We decided to get their advice and opinion to develop our retirement plan. Brett Martinsons and Parallel Wealth staff contacted us providing the details of the information we needed to submit. All the information was done online in their secure document server. After reviewing our information, Brett met with us online and discussed some of our questions and also assumptions for our retirement. It was a very open dialog where Brett really made the effort to understand our assumptions and also our expectations. During all this process Brett mentioned the access to financial planning information available as clients of Parallel Wealth. He also provided a very useful video on what to expect as a final plan to confirm whether it was according to our expectation. Once the calculation and the plan as finalized, Brett set up an online meeting to present to us the final plan. He also provided a “sneak preview” of the overall plan results before the meeting so we had an idea and develop our questions before the final meeting. The meeting was really straight forward. He presented our results and made sure to highlight his recommendations and that the way the calculations were done took into consideration our assumptions for inflation or interest earning for our investments. He also provided additional discussion and arguments for delaying CPP to 70 years (a frequent topic of Parallel Wealth videos in YouTube). Brett brought us a detalied picture into our future. He has helped us to increase our confidence with a complete financial plan, year by year, in detail that include the best advice to use our resources and taxes that we must pay any year. Brett has created our retirement plan and a path for the coming years of retirement. He made it a very complex subject more simple and easily understandable for us. Parallel Wealth met all our expectations. We feel that they developed very trusting relationship with us as a client and as a result, we feel confident about the importance of the next steps for our retirement and how we can plan it in more detail, monitor our plan. It was a great experience and we are very happy we made the decision to count on Parallel Wealth for advice.