Who We Help
As trusted financial planners, we partner with successful business owners, visionary entrepreneurs and affluent Canadian families to create tailored wealth strategies that reflect your ambitions. Based in Prince Edward Island our team combines deep expertise with a personalized approach—whether you’re scaling your enterprise, planning a seamless succession or preserving personal assets. From navigating complex career milestones to optimizing your legacy, we provide clear guidance at every turn. Let us ensure your financial future shines as brightly as the success you’ve built today.
Creating value in complex situations
The IG Private Wealth Planning Experience may be particularly valuable to individuals and families with more complex needs. For example:
Business Owners
Helping business owners identify tax efficient compensation strategies, as well as exit and business succession strategies aligned with their short and longer-term objectives, both business and personal.
Farmers and Fishers
If you are in the agricultural or fishing industries, you may require more advanced tax planning and estate planning support, particularly if you would like to pass your agricultural/fishing business on to the next generation.
Estate Planning For Beneficiaries With A Disability
If you intend to leave part or all of your estate to a beneficiary with special needs, we can provide you with information on how to pass assets to them in the most effective manner.
Estate Planning For Non-Traditional Families
If you have a more complex family structure, including a former spouse, common-law spouse (otherwise known as a de facto spouse in Québec) or perhaps children from a previous relationship whom you wish to include as part of your estate plan, you may require more tailored advice.
Intergenerational Wealth Planning
If you will be leaving a large estate, we can assist in structuring your estate and/or provide an explanation as to when the use of a trust may be appropriate. We can help you plan for potential tax liabilities, review how to best structure any charitable gifts, and also assist in discussions regarding assets that are of particular importance to you, such as a vacation property.
Pensions and Executive Compensation
If you are a member of a pension plan (including an individual pension plan or retirement compensation arrangement) or you have received other types of executive compensation (including employee stock options or restricted share units), we can answer your questions. From complex tax issues to the possible commutation of your pension plan, our financial consultants can help
Retired Business Owners
If you previously owned a business and now have extensive assets in an investment holding corporation, your situation may require specialized advice. Retirement income planning and estate planning in these scenarios requires a team of experts who can navigate the complexities of corporate and personal taxation to arrive at recommendations that improve tax efficiency and income longevity and, if important to you, maximize the transfer of wealth to the next generation or charitable organizations.
Professionals
Depending on your personal circumstances, objectives and the nature of your practice, professional corporations can provide opportunities for tax deferral, income splitting in retirement and enhanced retirement security. Our team of financial consultants can provide a holistic analysis that will allow you to make informed decisions and have the confidence that you are taking advantage of every available opportunity.
Your Partner for Every Financial Milestone
At Jeff Somers & Associates, private wealth management isn’t a one-time service—it’s an ongoing partnership. We’re here to refine, adjust, and improve your plan as life unfolds. Ready to take control of your financial future? Let’s build something extraordinary—starting today.