Our History

We’re experts because we’ve been at this for a very long time

Our firm is an outgrowth of Efficient Wealth Management Inc, a pioneer in fee-only planning, with a flat fee base and fiduciary responsible financial planning, delivering exceptional value for the lowest price in the business. EWM is among the oldest designers of strategic ETF portfolios to Canadians, having introduced the idea in 2004 (F-class Index Mutual Funds a year earlier in 2003). In fact, the entire NextgenFP team is comprised of forward thinkers, committed to using the highest attainable level of certification and experience available in this country, to serve the mass of clients who ARE NOT high net worth. It is our pleasure, not just our mission, to bring access to top tax, investment and financial planning professionals without clients needing to save millions first. We think it is useful to help you get there, not wait for you to arrive.

With more choice today for the location of your assets to be managed, we are consolidating our efforts on ADVICE ONLY, for both financial planning and securities, in a one-of-a-kind Portfolio Manager firm, Nextgen Financial Planning Inc.

A brief history of disruption

Nextgen’s team has a history of disrupting the financial planning industry… and we’ve done it again.

2000

Recommends ETFs to clients

Clients paid for products – Advice was Free (no such thing) Start designing a better way.

2003

Flat Fees for Mostly Index MFs

Get paid for Advice, not Products – still revolutionary today Rebated all commissions/trailers to clients – unheard of in the advisor industry.

2004

Flat Fees for ETF Portfolios

Lowered cost further through the use of ETFs – Still needed some MFs due to lack of ETFs Both feet in for Passive Investing.

2005

Founder became NOT registered

Registration in Canada is primarily sales-related – we did not sell – we advised – became client advocates.

2006

Partner joined a new broker

Broker pioneered high payout / low-cost representatives Savings passed to clients through lower fees.

2012

Associated with a Portfolio Manager

Portfolio Managers are not sales registered and are required to put their client’s interests first and above their own.

2016

Founder became PM himself

Achieved no gap in fiduciary responsibility.

2020

Nextgen Financial Planning Inc.

The only Financial Planning Portfolio Manager in Canada to provide Financial Planning with Security Advice as ADVICE ONLY and without management of investments.

Your Nextgen Financial Team

An experienced team to help guide you to your financial goals.

Gordon Stockman

CEO

Achieve your financial dreams

Get in touch or schedule a call to learn more about how we can work together.