Optimizing Net Worth for Successful Entrepreneurs and Families.

Corporate-owned life insurance and the Capital Dividend Account

A Capital Dividend Account lets a company receive the proceeds from life insurance and distribute it tax-free to shareholders. Here’s what the account is, and how it works.

A Capital Dividend Account is not a bank account. It’s a notional company account that’s only relevant for tax purposes. Companies don’t include it on their balance sheets. However, they may include reference to it in a footnote to their financial statements.

Transitioning to serve our clients for the long-term

Careful succession planning is crucial to building a sustainable business that can not only survive but thrive for years to come. Successful entrepreneurs drive the Canadian economy, and their continued growth supports future generations. While TTSG has spent over 20 years helping Canadian business owners and entrepreneurs build economic opportunity through the successful succession of family businesses and transfer of wealth to future generations, we have also been focused on our own succession plan.

New trends and demographics are making succession decisions even more complex

It’s the question every family-business owner has to face sooner or later: “How do I choose my successor?”

Until recently, the answer has usually been simple enough: “The business goes to my first-born son.” This model of succession, known as male primogeniture, has been with us from the first days of family business right through the Baby Boomer generation. In fact, it’s still with us: globally, 45% of current family-business CEOs are the first-born of their families,[i] and in North America, 93% of them are men.[ii]

TTSG Donates $50,000 to Recess Guardians

With kids back at school and the beginning of Fall, The Targeted Strategies Group is proud to announce a $50,000 donation to Recess Guardians; a not-for-profit organization that reduces bullying, improves inclusion, builds leadership abilities, and encourages a healthy lifestyle through active play across Canada.

What We Do

Optimizing net worth for successful entrepreneurs and families.

For more than 20 years, The Targeted Strategies Group (TTSG) of companies has helped successful entrepreneurs and families protect, preserve, and optimize net worth by using proprietary life insurance solutions. Our team of more than 100 professionals collaborates with our clients and their advisors to provide ideas, strategies and solutions to complex problems.

Strategic Advisory

Custom life insurance solutions. Tailored to our client’s financial goals.

Life Insurance Solutions

Our team of experts work with your advisors to guide strategies and solutions.

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“We are a group of professionals and thought leaders who collaborate with our clients and their advisors to provide insight and innovative solutions to complex estate planning opportunities and challenges.”

Susan Kichuk, CEO

What We Value

At TTSG we are guided by the following values.

Collaboration

Giving

Innovation

Integrity

Our business model is built on partnering with our clients and our clients’ advisors to look at their planning holistically. We believe it is more effective to be part of a team where we focus on what we do best and collaborate with best resources available in other areas.

We believe in giving back to the community and empowering our employees to support the causes they are most passionate about. As a company, we have donated or sponsored charity-based events in an amount of more than $1M over the last two years. We also offer a program that matches employee charitable contributions, and have a “Volunteer of the Year” program where one person is recognized with a significant monetary gift that they can choose to donate to an eligible registered charity.

We live in a world of possibilities, not process. We continuously look for new and creative ways to do things better and believe that investments in innovation will always multiply the benefits possible. We have invested millions of dollars to build a team of the sharpest minds dedicated to continuously finding the best ways to achieve our clients’ goals. We invest over $2 million in product research annually and proactively work with our partners to improve the products available to offer our clients. We also invest hundreds of thousands of dollars in employee education and skill development every year to ensure our professionals are top in their field.

We are transparent and accountable to our clients and our partners. In addition to our employees being accountable to the various regulatory organizations governing their professions (e.g. provincial Chartered Professional Accountant bodies, provincial law societies, provincial insurance regulators), we have invested in a full time regulatory compliance lawyer as our Chief Compliance Officer who ensures we maintain the highest standards in insurance compliance, client privacy protection and cybersecurity.

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