About Me

My business objective is to help you explore your options choosing from a wide range of financial products from over 60 established institutions covering insurance, investment, tax and estate planning for the purpose of achieving your financial goals and objectives.

In 1988, I migrated to Canada from a great little country situated on the North West of Borneo called Negara Brunei Darussalam. I am blessed to be a Canadian and look forward to contribute the best I can to this great nation, Canada.

I have been in the insurance business since 1981. The first company I started was MR Trading Co. Today, just the General Insurance department alone generates over $1 million in annual premiums.

In 1993, I was introduced to the financial services industry and within a period of less than one year, I had accumulated over $2m in assets under management in mutual funds for PFSL Investments Can Ltd., where I was also the branch manager managing and training over 20 financial advisors.

In 1995, annual income hits six figures and I would like to thank all my clients for their continued trust and confidence. Without my clients, I won’t be where I am today.

In 1998, I added education savings (RESPs) to our product portfolio after the Government introduced the Canada Education Savings Grant (CESG) to help parents save for their children’s post secondary education.

That year, I assisted my spouse/partner, Susy, in recruiting and training new advisors. In total, there were more than 25 new advisors and over 15 successful advisors from the life insurance industry to market the education savings plan offered by the Heritage Education Savings Plan.

I replaced the Heritage Education Savings Plan with IA Diploma Savings Plan which is a more flexible plan that carries no membership fees and offers more benefits to our clients.

In 2000, I added Maritime Life Segregated Funds to our product portfolio because of its unique feature, the "Stock Market Guarantee". This unique financial product is by far the best there is and is only offered by Maritime Life.

In 2003, I moved my office location from downtown (109 St, just before the High Level Bridge) to home. I am very happy with the move because my office operating expenses were reduced by over $ 8,500 a month.

In 2005, I introduced a tax reduction strategy to our clients to help them lower the income tax payable by up to 70%. This is the most advanced tax reduction and leveraged strategy there is available to Canadian Taxpayers today to help them achieve their financial goals and objectives much sooner than originally planned.

There is no doubt that Canada Revenue Agency (CRA) will reassess all tax shelter programs within a period of 3 years. Participants must be well informed of what to expect and be disciplined in using the tax refunds to pay off high interest credit card debt or invest in high quality yielding investments.

In 2005, Manulife bought Maritime Life which made headlines making Manulife one of the largest insurers in North America.

In 2006, I set up DLR Capland to work in partnership with JHP Capland (Hong Kong) to tap the exceptional growth in the oil and gas industry in Canada in the area of mergers & acquisitions and joint ventures.

I am very pleased to have the opportunity to be involved in this new venture because I have made many new friends from different bands within the First Nations.

Year 2008 was a very exciting year with so many things happened in the extreme such as global stock market, oil price, real estate, etc., reached new highs in the summer and hit bottom at the end of the year.

I am very pleased to have introduced the 100% Stock Market Guarantee to our clients because while most other investors had suffered a loss of more than 50% of their money by the end of 2008, our clients knew their investment value was guaranteed at the highest market value between the issue date and the date that is 15 years away from maturity, at Maturity.

Manulife was forced to raise its capital reserve in order to support the guarantees which were tied to the "100% Stock Market Guarantee". To manage the risk, Manulife decided to stop offering this unique benefit to new investors.

NOTE: Effective April 30th, 2009, funds with "Stock Market Guarantee" feature offered by Manulife will be closed to new investors.

Despite all the negatives that were happening to the world economy, I was fortunate to be able to offer my clients a real estate Joint Venture that pays a guaranteed return of 14% in six months, thus payable in June 2009.

Due to the global financial crisis, the real estate project was delayed. Despite the delay, I was able to negotiate for my clients who got paid 19% instead, plus their original investment. An additional 5% for a three months wait, not bad at all.

In 2009, I got involved in the gemstones industry offering my clients the opportunity to purchase gemstones such as, emeralds, ruby, sapphire and diamonds, etc., directly from the mines.

The cost to purchase the gemstones is about 25% of the appraised value. The benefit to my clients is that they could turn around and sell it to the jewellers for a very handsome profit.

In 2010, "Coming Soon!"

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Raymond Foo, copyright reserved. 2006.