IG Private Wealth Management

Build generational wealth with a PEI financial advisor

You’ve worked hard to build your wealth and business. We give it the personal touch it needs to keep growing—no pushy, corporate tactics involved. Jeff Somers & Associates meets you where you are.

Concierge level wealth creation services for individuals, families and corporations of Prince Edward Island.

Book A Meeting Today

Jeff Somers & Associates – IG Private Wealth Management

We believe that wealth is about more than investing – it’s about all aspects of your family’s financial well-being, future and legacy.

That’s why our valued clients can expect an exceptional level of personalized service and comprehensive wealth planning that proactively responds to their full family picture today and for years to come.

Need expert tax strategies, estate guidance, or business succession plans? Jeff Somers & Associates, your trusted PEI financial advisor, delivers the IG Private Wealth Planning Experience—personalized solutions, a dedicated team, and an approach that connects every aspect of your wealth to your vision.

May we help you build a better financial future?

Access IG Private Wealth Planning Experience

When investible assets exceed $1 million, financial management needs become complex.
Access the IG Private Wealth Planning Experience from Jeff Somers & Associates, a financial concierge service for individuals, families and corporations of Prince Edward Island, Canada.

Contact Jeff Somers & Associates

CONCIERGE SERVICE

Your PEI financial advisor team

Jeff Somers & Associates transforms wealth planning into a personalized experience, rooted in your goals and guided by a big-picture perspective. Think of us as your financial quarterback, coordinating every piece—taxes, estate strategies, investments—into a seamless plan designed for growth and preservation. Whether collaborating with your trusted advisors or building a team to suit your needs, we ensure every dollar aligns with your vision.

Our Clients

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.

Jeff Somers

Certified Financial Planner ®

Let's Connect

Tim Butler

Certified Financial Planner ®

Let's Connect

Charlene Haynes

Associate Consultant

Let's Connect

Jennifer Wakeliln

Executive Assistant

Let's Connect



Jeff Somers

Certified Financial Planner ®

As a CERTIFIED FINANCIAL PLANNER® professional since 2004 and frequent financial educator, Jeff specializes in tax-efficient portfolio management, providing sound advice and financial support to corporate or small business owners and retirees.

Jeff’s philosophy is simple: put people and service first. Jeff tailors solutions to your life’s goals, focusing on all areas of your financial life. This includes incorporating his knowledge and specialization in the areas of retirement income planning, corporate investment strategies and insurance protection.

Jeff believes firmly in giving back to his community, offering support to a variety of local causes. He and his wife Kendra have two children, Jayden and Moorea. They spend their free time travelling and enjoying island adventures.‍

Phone : (902) 368-1345

Email : jeff.somers@igpwm.ca



Tim Butler

Certified Financial Planner ®

Tim joined IG Wealth Management in 2014 as a Consultant and quickly demonstrated his commitment to helping clients achieve their financial goals.

Tim is a UPEI graduate and earned his CERTIFIED FINANCIAL PLANNER® professional designation in 2021.‍ Tim brings to the team his knowledge, analytical skills and enthusiasm for continued education in the field, with a focus on detailed financial planning to model life’s complexity.‍

Tim and his wife Karina have a growing young family with two energetic boys named Jonah and Myles.

Phone : (902) 368-1345

Email : tim.butler@igpwm.ca



Charlene Haynes

Associate Consultant

A Valued Team Member, since 2015

Charlene joined our team in 2015, bringing with her 7+ years of experience in retail banking. She keeps the team organized and sets the bar high for customer service by always making clients feel they come first.

Charlene acquired a vast skill set through frequent moves during her husband’s military career, with experience in retail management, education and program coordination.

Phone : (902) 368-1345

Email : charlene.haynes@igpwm.ca



Jennifer Wakeliln

Executive Assistant

A Valued Team Member, since 2017

Jen graduated with honours from Holland College in May 2017 and joined our team shortly thereafter. Her pleasant nature and keen organizational skills are an asset in her administrative duties.

Jen is a fitness enthusiast and brings her positivity and motivational attitude to our team and clients.

Phone : (902) 368-1345

Email : jennifer.wakelin@ig.ca

As a client, you can expect

• Individualized plans that consider all areas of financial planning and multigenerational goals.

• Access to a network of highly specialized regional and head office advanced financial planning specialists.

• A disciplined, yet flexible wealth planning approach that proactively adapts to your needs and today’s ever-changing world.

• Clarity and confidence for even the most complex financial planning decisions.

SUPPORT

IG’s Advanced Financial Planning Support

IG’s Advanced Financial Planning support to help clients make complicated decisions, more confidently.

If your situation is more complex, the IG Private Wealth Planning Experience offers advanced support provided by an industry-leading multidisciplinary team of head office experts.

The IG Advanced Financial Planning team, working collaboratively with CERTIFIED FINANCIAL PLANNER® professionals Jeff Somers and Tim Butler at Jeff Somers & Associates, includes tax accountants, estate lawyers (and notaries in Québec), financial planning specialists, pension specialists and individuals with various types of advanced experience.

Working collaboratively with the team of consultants at Jeff Somers & Associates, the IG Advanced Financial Planning team has helped guide Canadians, including residents and corporations of Prince Edward Island, with a collective range of solutions to meet targeted goals.

With expertise in a number of areas, including personal, corporate and trust taxation, estate planning, family property matters, trusts and disability planning, charitable giving and farm and fishery taxation, the team at Jeff Somers & Associates is well positioned to serve.

Access IG Private Wealth Planning Experience

When investible assets exceed $1 million, financial management needs become complex.

Access the IG Private Wealth Planning Experience from Jeff Somers & Associates, a financial concierge service for individuals, families and corporations of Prince Edward Island, Canada.

Contact Jeff Somers & Associates

Explore All Solutions

We believe wealth management is best achieved through the design of strategic growth plans, each expertly tailored to your unique needs to build long-term financial stability.

We invite you to explore our approach to wealth management

!

Insurance Planning

Protect Your Life’s Work

Life’s twists can come fast—unexpected events don’t send invitations. We don’t wait for the “what ifs” to become “what now.” With critical illness coverage, life insurance, and protection against income loss, we build a financial shield so life’s disruptions don’t wreck your stability. When life throws its curveballs, your plans don’t fall apart. Your future stays standing.

Learn more

Investment Planning

Let Your Wealth Work for You

Money left idle is opportunity wasted. At Jeff Somers & Associates, every investment you make has a role—growth, protection, income generation. We don’t believe in autopilot portfolios or “set-it-and-forget-it” strategies. Your portfolio moves with the market, your life, and your goals. Whether conservative or growth-focused, your investments stay in step with you.

Learn more

Retirement Planning

Turn Savings into Security

Retirement isn’t just about stepping away from work—it’s about stepping into the life you’ve been planning for. But making the shift from saving to spending can feel overwhelming. We design retirement plans that create stable, sustainable income flows so you can enjoy your future without fear. Whether you’re planning epic trips or planting roots with family, your financial future adapts to your lifestyle—not the other way around.

Learn more

Tax Planning

Keep More of What You’ve Earned

Taxes can quietly erode your wealth—but not if we plan strategically. At Jeff Somers & Associates, we see taxes as challenges to be minimized. We optimize income withdrawals, maximize deductions, and ensure every financial move—from investment decisions to estate distributions—is timed to reduce your tax burden. With a proactive tax strategy, your money stays where it belongs—working for you.

Learn more

Estate Planning

Leave a Legacy with Purpose

Your estate isn’t just about numbers—it’s a final reflection of your values, your care, and your priorities. At Jeff Somers & Associates, we make sure your legacy isn’t left to chance. Wills, trusts, and beneficiary arrangements? We organize every detail to protect your loved ones and minimize taxes, ensuring your wishes are carried out seamlessly.

Learn more

Charitable Giving

Give with Purpose, Not Guesswork

Donations can do more than offer fleeting goodwill—they can build legacies. At Jeff Somers & Associates, we help amplify your generosity through smart financial planning that keeps your values at the core. With tax-efficient strategies that maximize the impact of every dollar, your giving becomes a lasting statement. Whether it’s funding education programs or supporting a local cause, your legacy can be a force for good and financial balance.

Learn more

Cash Management

Simplify Your Financial Life

Cash flow shouldn’t feel like a juggling act. At Jeff Somers & Associates, we streamline the way your money moves—no more scrambling to cover short-term expenses or second-guessing big purchases. Whether you’re balancing business revenues, mortgage payments, or family vacations, we keep your liquidity strong and your goals intact. Need to pay down debt while still building your savings? Done. Want to handle unexpected costs without derailing your long-term plans? Covered.

Learn more

Business Succession Planning

Exiting with Success

Your business is more than numbers; it’s years of your life. Whether you’re selling, handing it down, or stepping back, your exit should reflect your hard work. We handle succession planning down to the details, from tax considerations to legal alignment. The goal? A seamless transition that preserves your business’s value and your peace of mind.

Learn more

Intergenerational Wealth Transfer

Passing the Torch with Confidence

Wealth transfer doesn’t have to be a source of conflict—it can be a seamless transition. Our approach minimizes taxes and maximizes clarity, making sure your heirs are ready to handle the responsibility without overwhelm. We go beyond financial logistics by helping your family build the confidence to steward their inheritance wisely.

Learn more

May we help you build a better financial future?

Contact us to learn about our sophisticated approach to building private wealth.

Book A Meeting