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We're pleased to announce that Lewis Kent, CFP®, has officially become a Partner at SPM Financial. 🎉 Since joining our t...
06/01/2026

We're pleased to announce that Lewis Kent, CFP®, has officially become a Partner at SPM Financial. 🎉

Since joining our team nearly a decade ago, Lewis has become a trusted advisor to clients, a valued leader within our firm, and an important part of SPM's continued growth.

Combining technical expertise with a down-to-earth approach, Lewis works closely with business owners, professionals, and their families to help them achieve their financial goals. He has developed particular expertise in working with physicians and medical professionals, and has shared his knowledge as a guest speaker at medical schools across Ontario.

Lewis' leadership extends beyond his work with clients. In 2019, he was recognized as one of Business London's Top 20 in Their Twenties and continues to contribute to the London community through leadership and volunteer roles with several local organizations. A proud Western University alumnus, he has consistently demonstrated a commitment to supporting and developing the next generation of professionals and community leaders.

Lewis' journey to partnership reflects not only his professional accomplishments, but also the values that have guided SPM for more than two decades: putting clients first, fostering meaningful relationships, and helping people build stronger financial futures.

Throughout his tenure, Lewis has made a meaningful impact on our firm through his dedication to clients, commitment to excellence, and collaborative leadership style. As we continue to grow, we're excited to have him helping lead the next chapter of SPM Financial.

Please join us in congratulating Lewis on this well-deserved achievement!

A strong financial plan doesn’t start with numbers. It starts with a conversation. When you sit down with an advisor a...
05/27/2026

A strong financial plan doesn’t start with numbers. It starts with a conversation.

When you sit down with an advisor at SPM, our first goal is simple: to listen. We want to understand your goals, what keeps you up at night, and what confidence in your financial future looks like.

Here’s what you can expect:
✅ A friendly, no pressure conversation.
✅ Questions that explore your values, not just your finances.
✅ An outline of how we work and what a plan tailored to you could look like.
✅ Clear next steps (only when you feel ready).

Whether you’re a business owner thinking about succession, a young family navigating investments and insurance, or someone approaching retirement – we’re here to help you make informed decisions with confidence.

📞 Ready to talk about your future? Let’s start with a conversation: 519-432-6199

What happens to your business if something happens to you? It’s a question many business owners put off - but it’s one o...
05/20/2026

What happens to your business if something happens to you?

It’s a question many business owners put off - but it’s one of the most important questions you should plan for.

Succession planning helps ensure your business stays stable, funded, and fair during times of change. And for many owners, insurance is the solution that makes transitions smoother - whether a partner retires, steps back, or an unexpected event forces a shift in ownership.

Our latest article breaks down how insurance supports buy-sell agreements, partner exits, and generational transfers, and why planning ahead protects both the business and the people behind it.
👉 Read the full article: https://www.spmfinancial.ca/blog-01/succession-planning-insurance-tool-smooth-transitions

If you’re thinking about long-term stability, we’re here to help you build a plan that lasts. Reach out and let’s get started: https://www.spmfinancial.ca/contact

Wishing you a relaxing Victoria Day long weekend ☀️ Whether you’re spending it outdoors, enjoying time with family, or s...
05/15/2026

Wishing you a relaxing Victoria Day long weekend ☀️

Whether you’re spending it outdoors, enjoying time with family, or simply taking a well-earned break, we hope the extra day brings a chance to unwind and recharge.

Our office will be closed on Monday, May 18, and we’ll be back to regular hours on Tuesday.

Enjoy the long weekend. We’ll see you next week!

💰🧾 Your compensation is more than a salary - it’s a strategy. And when you’re an executive, the structure behind your p...
05/13/2026

💰🧾 Your compensation is more than a salary - it’s a strategy.
And when you’re an executive, the structure behind your pay can have a bigger impact on your long-term wealth than the number on your T4.

From bonuses and equity to pensions, benefits, and deferred compensation, each piece works differently - and knowing how to optimize them can help you build financial security with intention, not guesswork.

We published an article that helps break down the key components of executive compensation and how to make each one work harder for your future.

🔗 Read the full article: https://www.spmfinancial.ca/blog-01/how-navigate-complexities-executive-compensation-structures

If your compensation package feels unclear, a conversation can help you understand the full picture and make confident decisions moving forward. Private message us and let’s get the conversation started.

Wishing you a wonderful Mother’s Day weekend 💐 Whether you’re celebrating with family, enjoying a quiet moment to yourse...
05/10/2026

Wishing you a wonderful Mother’s Day weekend 💐

Whether you’re celebrating with family, enjoying a quiet moment to yourself, or honouring someone special, we hope the day brings connection, gratitude, and a little extra time to recharge.

To all the mothers, mother figures, and caregivers who support others in countless ways - thank you for everything you do.

Enjoy your special day!

In many families, the “Family CFO” isn’t appointed. They emerge. One sibling lives closer. One is more comfortable with ...
05/06/2026

In many families, the “Family CFO” isn’t appointed.

They emerge.

One sibling lives closer. One is more comfortable with paperwork. One naturally steps in when something needs to be handled. Over time, that person becomes the point of contact – organizing finances, speaking with advisors, supporting aging parents, and keeping things moving for the whole family.

It’s usually done with good intentions. And it’s often done quietly.

What we see, particularly in families with more complex finances – is that this role can slowly shift from helping to carrying. The responsibility grows. The decisions feel heavier. And the effort behind the scenes can go largely unseen.

When roles aren’t clearly discussed:
➡️ One sibling may feel overwhelmed or isolated
➡️ Others may feel unsure or out of the loop
➡️ Tension can build, even in close families

Clarity changes that. Not by making everyone responsible for everything, but by making expectations visible, communication intentional, and support shared.

Our latest article explores:
✅ How the Family CFO role naturally takes shape
✅ Why the responsibility often becomes invisible
✅ How families can support the sibling who stepped in
✅ Why clarity and communication protect relationships, not just finances

👉 Read the full article here: https://www.spmfinancial.ca/blog-01/family-cfo-when-one-sibling-takes-lead

Real protection starts with real questions. You can search online for “how much life insurance do I need” or “best group...
04/29/2026

Real protection starts with real questions.

You can search online for “how much life insurance do I need” or “best group benefits for small business,” but those answers only go so far.

When it comes to making sure you’re properly protected, the most valuable insights come from real conversations.

We ask questions like:
💬 “What keeps you up at night?”
💬 “If something happened tomorrow, who would be affected?”
💬 “What do you want your legacy to be?”

Because understanding your coverage starts with understanding you.

Our job isn’t to push products. It’s to listen carefully, understand your risks, and build a strategy that supports your life – today, and as it evolves.

You won’t find cookie-cutter answers here. You’ll find a partner who asks better questions – so you get better protection.

Reach out and let’s get the conversation started. https://www.spmfinancial.ca/contact

If you’re an incorporated professional, you’ve likely asked: 🤔 “Should I pay myself a salary or dividends?” The answer? ...
04/22/2026

If you’re an incorporated professional, you’ve likely asked:

🤔 “Should I pay myself a salary or dividends?”

The answer? It depends.

Each strategy has its pros and cons. Here’s how they stack up:

💰1. Taxes

➡️ Salaries are tax-deductible to your corporation, which lowers its taxable income. ️
➡️ Dividends are taxed at a lower rate personally.
⚠️ Many professionals combine both to balance tax efficiency.

📈 2. RRSP eligibility

➡️ Only salary counts as earned income for RRSP contribution room.
➡️ If your only source of income is dividend income, you won’t be able to build RRSP contribution room.
⚠️ The amount you can contribute to an RRSP this year is 18% of your earned income (salary) from 2025, up to $33,810. Paying yourself a salary beyond this doesn’t create additional contribution room, so you may want to pay yourself a salary that maximizes your RRSP contributions and use dividends to supplement your income.

➡️ You can also retain and invest earnings inside your corporation, benefiting from lower initial corporate tax rates. We’ll work with you and your team of professionals to ensure we’re using the right strategy for your situation.

🧓 3. CPP Contributions

➡️ Salaries trigger CPP contributions, which increase your future pension.
➡️If you’re self-employed but unincorporated, CPP contributions are mandatory and you must pay both the employee and employer portions, which is 11.9% of your business’ net earnings for 2025.
➡️ If you’re incorporated, you have more flexibility: CPP contributions are only required if you pay yourself a salary. If you pay yourself through dividends, you can defer or avoid CPP contributions.
⚠️ If you don’t pay into CPP, you won’t get any CPP pension payout in retirement.

🏡 4. Mortgage qualification

➡️ Lenders prefer salary income reported on a T4 (it’s stable and easy to verify).
➡️ Dividends often appear lower on paper, making it harder to qualify (even if you earn more through your corporation).
⚠️If you’re planning on buying a home in the next few years, it might make sense to pay yourself a salary temporarily, to simplify the mortgage process.

So what’s the right option? There’s no one-size-fits-all answer. But there is a right strategy for your unique situation.

We’re here to help. Reach out and let’s get the conversation started.

Estate plans aren’t just about who gets what. They’re about how it happens. When structured thoughtfully, life insurance...
04/15/2026

Estate plans aren’t just about who gets what. They’re about how it happens.

When structured thoughtfully, life insurance can play a powerful role in smoothing the transition of wealth – while minimizing tax burdens and delays.

Here’s how insurance fits into your estate plan:

✅ Liquidity when it’s needed most
Life insurance provides tax-free funds that can help your estate cover final taxes, probate fees, or outstanding debts, without needing to sell property or investments at the wrong time.

✅ Protect what you’ve built
Whether it’s a family cottage, business shares, or investment portfolio, insurance can help ensure these assets are passed on intact.

✅ Equity among beneficiaries
While some assets can’t easily be divided (like a business), insurance proceeds can provide a fair distribution to other heirs, helping reduce the risk of family conflict.

✅ Control and confidence
Insurance proceeds can be directed outside your estate (and outside probate) when structured properly, helping your loved ones receive support faster, with less red tape.

Your estate plan is about more than documents. It’s about ensuring your legacy is passed on with clarity, compassion, and care.

Want to make sure your insurance supports that?

Let’s talk strategy. We'll help align your insurance with your overall plan – so you can feel confident everything’s taken care of.

📞519-432-6199.

Address

530 Oxford Street West, Suite 19
London, ON
N6H1T6

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+15194326199

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