Financial Insights
for Professionals

In-depth analysis of Canadian tax strategy, investment architecture, and wealth planning for high-income professionals. No generic advice. No product pitches.

Tax Strategy

Why Most High-Income Canadians Are Overpaying Tax by $20,000+ Per Year

The Canadian tax code contains dozens of legal mechanisms designed to reduce the tax burden on high-income earners. Most professionals are not using them. Here is why — and what to do about it.

8 min readRead
RRSP · TFSA · Tax Planning
Investment Architecture

The Investment Loan Strategy: How Canada's Wealthiest Investors Use Leverage

Investment loan interest is tax-deductible in Canada. When structured correctly, this creates a powerful combination: a significant annual tax deduction plus amplified long-term returns. Here is how it works.

12 min readRead
Leveraged Investing · Tax Deduction
Capital Protection

Whole Life Insurance as a Financial Instrument: Beyond the Death Benefit

Most Canadians think of life insurance as a product. Sophisticated investors treat it as a financial instrument. The difference in outcomes over 20 years is substantial. Here is the framework.

10 min readRead
Whole Life · Cash Value · Estate
Retirement Planning

The RRSP Meltdown Strategy: How to Retire with Less Tax Than You Think

Most Canadians retire with a large RRSP balance and discover, too late, that withdrawals are fully taxable. The RRSP meltdown strategy addresses this — but it must be implemented years before retirement.

9 min readRead
RRSP · RRIF · Retirement Income
Tax Strategy

CPP Timing: The $100,000 Decision Most Canadians Get Wrong

The decision of when to take CPP benefits is one of the most consequential financial decisions a Canadian retiree makes. The difference between taking it at 60 vs. 70 can exceed $100,000 in lifetime benefits.

7 min readRead
CPP · OAS · Retirement
Wealth Structuring

TFSA vs. RRSP: The Question You Are Probably Answering Wrong

The conventional wisdom — 'contribute to RRSP if you are in a high tax bracket' — is correct as far as it goes. But it misses the most important variable: your projected retirement income. Here is the complete framework.

11 min readRead
TFSA · RRSP · Tax Planning

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Wallace Wang is one of Canada's most-followed Chinese-language financial educators, with content covering tax strategy, investment planning, and wealth building for high-income professionals. Follow on WeChat, Xiaohongshu, and YouTube for weekly insights.

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Frequently Asked Questions

Do I need a financial advisor if I already have a bank advisor?

Bank advisors are limited to their institution's product shelf and are compensated to sell those products. An independent CFP® has access to the full market and a fiduciary obligation to act in your best interest. For high-income professionals, the difference in outcomes is typically significant.

What is the minimum asset level to work with Wallace Wang Financial Services?

We typically work with clients with investable assets above $300,000, or high-income professionals with the capacity to build to that level within 3–5 years. Our focus is on clients where comprehensive financial planning creates meaningful value.

How are you compensated?

We operate on a fee-based model. We receive compensation from product providers when we place insurance or investment products, and we disclose all compensation transparently. We do not charge additional planning fees on top of product compensation.

How often will we meet?

New clients typically have 3–4 meetings in the first year to establish the financial plan and implement strategies. Ongoing clients meet annually for a comprehensive review, with additional meetings as needed for significant life events or market changes.

Do you work with clients outside of Alberta?

Yes. We are licensed in Alberta and British Columbia, and serve clients throughout Western Canada. Most ongoing client meetings are conducted virtually.

What makes your approach different from other financial advisors?

We specialize in a specific client profile — high-income Canadian professionals — and we focus on structure over products. We do not recommend investments or insurance products until we have built a comprehensive financial architecture. Most advisors do the opposite.