WEBVTT

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I'm Andrew Shepherd, a certified financial planner with Flatiron Wealth

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Management, and a portfolio manager with Q Wealth Partners.

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This is Travel Coffee, Mexico Edition.

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Okay, so I have my gear out.

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Kids are asleep, so I am going to make my first cup of coffee.

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I have some upgraded gear, which is really exciting for me.

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Bought this Timemore hand grinder. Wasn't cheap, but it is phenomenal.

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The grind makes such a big difference when you're traveling.

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Has a nice little bag to travel in as well, which is pretty cool.

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As you know,

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for every 250 milliliters of water, I use

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17 grams of coffee. So I got to make sure I get that right.

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Hit perfect.

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Going to set up my filter for all my extra beans.

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My setting on this is at five.

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It goes up to ten, goes up to nine.

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But I'm doing pour-over, so I don't want it too fine, like not an espresso shot,

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that's for sure. Once I have enough room in here, I will

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add the other beans in.

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So, I will start to pour my water over the grounds. Oof, so good.

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So I was saying, what's interesting about this trip is that my kids

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are

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a bit older. I got teenagers. So what we noticed on this trip is that they are far

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more independent all of a sudden. Big difference is they can carry their own

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luggage, and they sleep in,

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and they don't need... obviously, they don't need as much supervision.

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So Mun and I are out in the pool by ourselves. Our kids are at a different pool.

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And we're just talking about how different it was when they were young.

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How it required so much focus just to get the strollers onto the

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plane, to the hotel, make sure they're safe, at the pool,

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fed, asleep, and then maybe we get a little bit of time.

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And that was sort of what vacation and travel was like. But now it's not like that.

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Now we almost have a team. It's like, "Hey, can you grab that?" "Do you mind

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getting that?" "Get the luggage off the carousel." That's nice.

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And so what it's meant is a little bit more time for Mun and I.

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It's a great sort of microcosm of what our bigger

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life is like, because as our kids get older, they're far more independent, and so

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we have the ability to start building momentum again in our plan.

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So we need to build up our resources now to make

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sure that we're safe and that we have enough money.

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This is a really important time in our lives and in our financial

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plan, and so that is something that we have talked quite a bit about on this trip,

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actually, to say, "Okay, let's revisit our plan.

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It's go time. We've done well, but let's get serious about it." So

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anyway, that's just been an interesting conversation that we've

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been having. It's not uncommon from a lot of the clients

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that are reaching out to us, finding us online, looking for a different type

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of relationship in order to help them get to that goal.

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Our next real goal is making sure the kids are good at university.

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But we've been pretty diligent with our RESP and our investment planning,

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so we're pretty confident that that's taken care of.

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We're not overly concerned about the financial impact of them going.

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It's really go time for retirement, which is exciting.

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It's exciting to be able to build this momentum and say, "Okay, how do we want to

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use our time and our energy?" So anyway, that's what I've been

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thinking about and talking about with Mun while we've been on this trip.

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And coffee is almost done.

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Oof, that looks so good. If I don't spill it, that'd be great.

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Oh, that looks so good.

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Well, coffee is done, and the kids are still asleep.

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So I've got this balcony to myself, so I'm going to enjoy my coffee.

WEBVTT

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Women are moving the world forward.

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At Flatiron, we see this every day in businesses, careers,

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households, and leadership work,

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and that changes everything. It's about

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Building clarity, creating security,

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and designing life on your own terms.

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When women bring these

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to their financial world, momentum shifts.

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In Canada, women owned businesses represent one

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of the fastest growing segments.

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Entrepreneurship contributing

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to over $150 billion annually to our economy.

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And by 2028, women are projected to control close to 45%

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of Canada's investible asset.

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That's not just growth, that's influence, thus leadership.

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And in our own industry, we're seeing this firsthand.

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With more women entering the financial services,

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leading advisory firms, and shipping the future wealth

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These days, women are killing it.

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And we see you. We respect you,

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and we're here to support you

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From all of us at Flat Amwell,

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Happy International Women's Day.

‍

WEBVTT

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I'm Andrew Shepherd, a certified financial planner

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with Flatiron Wealth and a portfolio manager

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with Q Wealth Partners.

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So this is my bonus scam story.

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This actually happened to my

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mom, and it was pretty traumatic.

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So the phone rang on a fairly normal day,

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and it was my sister screaming

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and crying saying, I'm so sorry, mom, I can't believe it.

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I didn't mean to, I didn't mean to.

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And then the phone was taken away from her, and a man got on

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and said, uh, hi, uh, Mrs. Shepherd,

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your daughter's in a lot of trouble.

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She was in an accident and there was a death.

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And, uh, she's in custody and we're her legal team.

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And unfortunately, uh, she doesn't have access to her phone

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or she's in, like, she's in custody.

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We need $30,000.

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She can get out on bail, uh,

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or she's gonna spend the night in jail.

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So it was pretty serious. Uh,

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and my mom was like, well, can I talk to her?

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And she said, no, or the man said no. Uh, I'm sorry.

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She, she's, as I said, she's in custody.

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You can't talk to her. So he said,

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I'm gonna call back at 2:00 PM

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and we will discuss like, please, you need

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to gather this money and we'll explain to you how

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to get the money to us so that we,

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we can get your daughter out on bail.

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So my mom, understandably, was very shook by this idea.

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She was, uh, sort of freaking out.

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And then, uh, after about 20 minutes of that, she just said,

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I, I'm just gonna call, I'm just gonna call Ainsley's phone.

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And so she did. And my sister picked up and said, Hey mom.

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Sorry, I'm just on the way to the grocery store.

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What's going on? Yeah.

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So it was a scammer who knew my sister's name,

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knew our last name, so knew to call my mom,

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had her phone number, and was pretending

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that this horrible accident had happened

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and that my mom had to come up with $30,000.

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So my mom was relieved, but then obviously very angry.

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And when the man called back at two o'clock,

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my mom was like, you're a disgusting person.

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And he was like, ah, well, you know, almost got you.

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Like, he didn't care at all.

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That was like a scam that really happened to us.

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We talked about it, and what we decided

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as a family is we have a code word.

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So we had a code word when I was a kid, so if anybody wanted

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to pick me up from school, I used, I,

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my mom would've given the person who's picking me up

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from school, that code word.

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Uh, and, uh, so we, we brought

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that code word back into circulation so

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that if we ever get a phone call, um,

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and it's legitimate, we would all use that code word.

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So I'm confident

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that everybody watching this has a scam story.

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So in the comments, it'd be great if you could leave your

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scam story and then maybe we'll share it in another video.

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But I think bringing awareness to this,

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but the best defense.

‍

WEBVTT

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At Flatiron Wealth, we are in the business

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of helping Canadians grow their wealth

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and just as importantly, protecting it.

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So today I'm sharing a few scam attempts

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that we have experienced firsthand

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and what we're doing to protect against them.

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I'm Andrew Shepherd, a certified financial planner

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with Flatiron Wealth

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and a portfolio manager with Q Wealth Partners.

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Scams are on the rise.

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Last year, Canadians lost approximately $530 million

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to scams, and those are just

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the ones that have been reported.

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The scary part is

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that these scams are getting more sophisticated emails

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that look real phone calls

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that sound like your family members

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and even robots are calling your advisor's office.

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So here are a few real life examples that we've encountered.

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Story number one, the fake check,

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a forged check with our name.

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Flatiron Wealth was deposited into an account at one

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of the big five banks.

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The bank called to confirm if the check was authentic.

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Now we were able to quickly shut it down

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and we considered the matter closed.

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But this is the thing was this scam

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that somebody wrote a fake check with our name on it,

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or was the person who called the scammer trying

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to get information from us about our banking information?

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The caller ID had said it was The caller was from a big

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bank, from the bank that they claimed to be from.

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But when we called that bank afterwards to try

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to confirm if this call was made,

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they couldn't confirm that it was made.

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A client of ours tried to move money into a new account.

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The releasing institution froze the transaction

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and required the client to call in

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to confirm the transaction.

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As part of the communication,

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the releasing institution made it very clear to the client

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that they were responsible if this was a fraudulent

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transaction or a scam, that they were not responsible,

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that there was no insurance on this transaction

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and that the funds would be lost.

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Story number three, the robot that called our office,

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a voice bot called our office pitching referrals.

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The voice bot sounded real enough

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to get a few sentences in with chit.

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Our office manager, it was doing pretty well

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until it mispronounced our company name.

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Instead of calling us Flatiron Wealth, it called us.

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Flatiron Chit detected that something was off,

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and so she just straight up asked, are you a robot?

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And the voice bot said Yes. So Chi hung up.

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Now this time we got a really honest robot,

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but if you've got a robot that's okay with lying,

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this strategy won't work.

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What we're doing about it at Flatiron Wealth

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and across the Q Wealth platform, we now have a

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mandatory phone call confirmation protocol in place.

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If you ask us to change your banking information

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or request a withdrawal, we will call you at a phone number

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that we have previously confirmed.

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Is your phone number, not email, not DocuSign, A phone call

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to make sure that we talk to you

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and we take the direction from you

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and we document the whole thing every time.

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Why it matters? This matters

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because email accounts can be hacked.

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Fraudsters can mimic voices and spoof phone numbers,

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and most importantly, social engineering fraud

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is not covered by insurance.

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If the money's gone, it's gone.

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That's why we take extra steps, especially with elderly

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and vulnerable clients.

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Here's what you can do. How do you protect yourself?

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Pause before acting on anything urgent. Don't trust caller.

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Id use two factor authentication when you can.

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And if something feels off, call us.

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We are always happy to confirm if

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something's legitimate or not.

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Scammers and the tech

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that they use are getting smarter, but so are we.

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And when we work together by trusting your gut

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and our protocols, we're not just protecting your wealth,

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we're protecting your future.

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I hope this was helpful. We're answering questions you

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didn't know you needed to ask, like, subscribe,

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and let's keep going.

‍

WEBVTT

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Andrew here from Flatiron Wealth.

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It is Money Smart Week, and today we are diving into the simplest

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00:00:06.359 --> 00:00:10.119
and smartest way to build wealth over time, compounded

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growth. Let's make your money work for you while you sleep.

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What exactly is compounded growth?

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Well, it's where you make an investment, and it grows, and then that growth

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grows. It's like a snowball effect, but with money.

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And here are five ways that smart investors make it work for them.

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One,

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start early. The more time that you have to let your investment

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compound and grow, the larger your investment is going to get.

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Two,

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automate contributions. Set up a monthly contribution that goes

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into your investment account. Whether it's $100 or

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$1,000, it's going to build up pretty quickly.

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Three, choose diversified investments.

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You don't have to pick the next Apple or Netflix.

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Low-cost ETFs and mutual funds spread the risk and

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provide long-term returns. Four, stay

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invested. Markets go up and markets go down.

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Do not let short-term fear get in the way of

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long-term profits. Five, let

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time do the heavy lifting. This is the magic of compounding

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growth. Your money grows, and then it keeps growing for

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years and even decades. So this is all to say that

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compounding growth rewards patience, not

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perfection. And if you've been waiting for a reason to

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start, let Money Smart Week be your cue.

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If you want to start growing your portfolio, let's talk.

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If you liked this video, make sure you like and subscribe.

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Have a great

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day.

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