Cory Budovitch has saved his clients hundreds millions of dollars
– find out how.
Budovitch Legacy Planning, assists high net worth entrepreneurs, business
owners and incorporated professionals by minimizing the tax they pay on investments, managing their risk, creating wealth and solving taxation problems.
His hands-on approach and creativity, allows him to help his clients meet their short-term financial goals and long-term estate planning objectives.
He was appointed membership to the Million Dollar Round-table an international, independent association of less than one percent of the world’s life insurance and financial services professionals, who demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service.
Beyond his career, he is known for giving back to the community in a myriad of ways, including being a supporter of breast cancer research, helping to raise funds for Sick Kids and Baycrest Hospital for Geriatric Care, as well
as being involved with the children’s charity Chai Lifeline.
My Business Magazine asked Cory Budovitch
to talk about what he does and how he gets results:
MBM: Tell us about your business in as much detail as you can. What is it that you do and who are your customers?
CB: We are a financial advisory firm. We are in the business of helping successful entrepreneurs and business owners, minimize the tax they pay on investments, manage their risk, create wealth and solve taxation problems.
MBM: What compelled you choose this career path?
CB: I chose this path because I love helping people. I always have. I have always found it fascinating to create alternative solutions to solve problems and thinking “outside the box”. I am constantly trying to learn new things and understand the human psyche, in order to to better understand the needs of my clients.
MBM: Walk us through a model of your approach.
CB: Our approach focuses on a proprietary process for our business. Our process uncovers people’s needs, provides solutions and then we help implement those solutions. We take a consultative holistic approach, which
considers our client’s full financial, estate, tax planning and retirement needs. We are collaborative with our client’s other advisers and quarterback all their needs, similar to a family office.
MBM: What’s something that people are unaware of before meeting you?
CB: People are unaware of the erosion that tax can have on investments. We create solutions that allow our clients to eliminate a lot of that tax, thus allowing them to redirect the money back to their own lives.
MBM: Why do you love what you do?
CB: I am a passionate in what I do and I am driven to be the best in my industry. I see the value in making investments in oneself, so much so, that I have several coaches that help me define my own goals and stay focused on being the best adviser for my clients. I love to help my clients
set-up smart financial solutions,which will help them earn money and
provide a strong financial foundation for their families. I started out from
humble beginnings and limited resources, to start my organization
and relied on relationships to build the firm I have today.
Tony Robbins always said, “People are your greatest resource” and I could not agree more.
MBM: What makes Budovitch Legacy Planning unique?
CB: We are unique because not everyone is our client. We deal with entrepreneurs and business owners who are looking for someone to provide them with solutions to their tax and financial needs. We ask unique
questions that allow us to get a deeper understanding of our clients’ needs and goals. We understand that most of government-run financial models,(RRSPs and RESPs) are not ideal for business owners. We take clients through our financial process, to show them more efficient solutions to
their long term needs.
MBM: Where do you see gaps in the financial services industry?
CB: Traditional financial advisers may not consider all needs for a particular client. When we review a client’s needs, we also take into consideration tax consequences, estate planning and risk management.
Half of being successful, is just being on time, doing what you say you’re going to do, being intentional, being accountable, and hiring people to hold you accountable.
The other vital component is providing expert, authoritative and trusted advice, on which all clients can rely upon. This both complements and back fills any existing gaps in the financial services industry today.
Dave Gordon has penned more than a thousand articles, and more than five hundred editorials, on every topic imaginable. He writes regularly on domestic and international politics, current events, culture, relationship issues, and much more.
He has spent time in the newsrooms of the Toronto Sun, Pittsburgh Post-Gazette, Baltimore Sun, National Post and eye Weekly.
Address: 1700 Langstaff Rd #1001, Concord, ON L4K 3S3
Phone: (416) 849-1337
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