Our Mission

We believe that you need the tools to create financial success on your own terms.

Conflict-free financial planning equips you to make educated decisions about your future with the information available to you today.

Our Mission

We believe that you need the tools to create financial success on your own terms.

Conflict-free financial planning equips you to make educated decisions about your future with the information available to you today.

Julia Chung, CFP, CLU, FEA, TEP

Julia Chung, CFP, CLU, FEA, TEP

Partner, Sr. Financial Planner

Areas of Specialty: Retirement Planning, Private/Family Business, Cross-Border Planning
Sandi Martin, CFP

Sandi Martin, CFP

Partner, COO, Financial Planner

Areas of Specialty: Retirement Income Planning, Family Goal Planning
Karen Richardson, FPSC Level 1®

Karen Richardson, FPSC Level 1®

Cash Flow & Associate Financial Planner

Areas of Specialty: Cash Flow Planning, Retirement Planning

Kathryn Mandelcorn, FMA

Kathryn Mandelcorn, FMA

Director, Cash Flow Strategies

Areas of Specialty: Money Coaching, Cash Flow Planning

Darryl Brown, CFA®, BComm

Darryl Brown, CFA®, BComm

Director of Portfolio Strategies

Areas of Specialty: Investment Consulting,
Portfolio Analysis

 

 

 
 

Connect with the team on social media

What We Do at Spring

To treat you as the unique person you are by listening, understanding what’s important, and working together to create your life, well spent. 

We want our recommendations to our clients to be influenced only by what’s in your best interest, and never by the potential for referral fees or third-party compensation.

We don’t sell products , accept commissions, pay or receive referral fees, or earn affiliate income.

We sincerely believe that financial planning – done well – can benefit everyone, and are actively invested in mentoring and developing new financial planners.

We’ve been running a practice management peer-mentoring group since early 2016…it’s how we met, in fact!

  • Comprehensive Financial Planning
  • Retirement Income Planning
  • Cross-Border Planning
  • Family/Private Business Planning
  • Portfolio and Cash Flow Audits

Our Process

What We’re Writing

Design Thinking: Retirement

There is a truth about retirement that I want you to understand: You don’t have to know precisely what you want to plan for the day when you stop working. Sure, it helps financial planners if you can say that you want to retire in the summer of 2021, stay in your home...

Couple Money

The point of this post: if you can't be honest with your partner about money and financial planning, why are you with them? A healthy financial infrastructure is cost-effective, simple, flexible, and intuitive. It keeps you on budget, moves you closer to your goals,...

August’s Great Reads

I’ve got a kind of dense, philosophical reading list for you this month, just in time for that Second New Year feeling that September always brings. Don’t miss the Top Three (below), but if you have more time be sure to check out Dan Bortolotti’s bond performance time...

August’s Great Reads

Was “balance” a word created just to trigger your anxiety? Do those stock market numbers people go on about actually mean anything? How do former inmates pay the bills once they’re on the outside?  If any of these questions have floated through your mind this summer -...

Cynicism, The Canadian Pension Plan, And You

The point: scoff if you like, but we have a public pension system in Canada that will likely make up a good portion of your retirement income, and its existence should be factored into your plans. I hear it all the time - in banking, in financial planning, and now...

Price Shock: The Sting of Moving Abroad

Imagine being asked to do your job in an exotic city in a far flung country… Julia gives BBC Capital her planning tips.

Introducing Karen Richardson

We are excited to announce that as of February 1, 2019 we have added a new member to our planning team: Karen Richardson, Cash Flow & Associate Financial PlannerKaren joins Spring after 7 years as an independent advice-only financial planner in Kenora, Ontario,...

When You Can’t Afford Your House, Do this

If you’re in a cash flow bind, you don’t want to wait too long before you take action. But you should take some time to calculate the size of the problem. “A lot of times people don’t really look at their expenses,” said Julia Chung, a financial and estate planner with Spring Financial Planning in British Columbia in Canada. “They have a hard time managing the numbers.”

October 2018 Update

  For many of our clients, one of the most frustrating moments of working with expert advisors is when you have this realization: There is rarely one “right” answer. Even when you process this initial realization, and think to yourself, “Sure, everyone is...

June’s Great Reads

There are a lot of reasons for people to feel a bit wary when it comes to the wide, wide world of personal finance. Whether it’s the quality of advice you receive, the level of precision required for RESP contribution strategies, or what you’re supposed to do with...

Announcement: Sandi Martin

Announcement! A new collaboration with Sandi Martin of Spring Personal Finance…

How to Get the Best Discount on Your Mortgage

The point of this post: do the work to understand how the mortgage lending system works so you can save the most money. If you want to get the very best interest rate (read: lowest bottom line price) on your mortgage, you need to know how to see yourself the way the...

A Week in the Life of Julia

This ended up being a week where I didn’t actually work on plans as much - next week, there is a lot of working on plans. This week was…. A lot of the other stuff I do... Monday, August 13 5:00am My alarm goes off and I snooze it a lot. A lot. I was at the Jack White...

June 2018 Update

SUMMER!!! Despite the fact that our name is Spring, we have a strong affinity for summer. It’s what we often spend the spring season planning for - and now you can see just one of the reasons why the name resonates: we’re all about creating plans that work. Even the...

August 2019 Update

Are you READY for September??? No, neither are we. In a work sense, absolutely, but are we done with summer? Not at all. For that reason, your team at Spring Plans brings you… a newsletter with the goal of extending that warmest of seasons for just a little bit...

October 2019 Update

Well, that’s it. We are truly in the thick of it now.  It’s holiday season. If you’re here with us in Canada, you’ve just packed away your Thanksgiving dishes, cast your vote in the federal election, and may have already started carving pumpkins for Halloween. If...

UPDATED: How (and Why) to Choose Between NestWealth, Wealthsimple, WealthBar, ShareOwner, and Steadyhand

Each online investment management company has a slightly different fee structure and value proposition. Calculating their relative cost for your circumstances will let you compare their relative value depending on the kind of service you want to pay for. (Includes a link to the Canadian Online Investment Advisor Fee Calculator.)

July 2019 Update

We love, love, love summer. It might seem odd, given that our name is “Spring,” but there is a method to the madness. See, we love summer so much that we spend a lot of time planning for it, to get it right and to maximize our enjoyment. It is the same approach we...

Salesman or Advisor?

The point of this post: If your financial advisor is paid a commission based on what products they sell to you, instead of a straight fee for their advice, that advice is compromised by self-interest. What if I told you that your otherwise competent and experienced...

Cooking At Home To Save Money Will Still Cost You

If you want to get your spending on food or any other category to line up with your income and goals, you’ll have to spend one of your other resources – your time, your capacity, even your social capital – until it doesn’t feel like a sacrifice anymore.

Spring’s Summer Reading List

We’re readers at Spring. There’s nothing we like better in the summer than pairing up a good book, the great outdoors, and a cool drink. And let us be clear: we don’t sit around reading about money all day. That way lies madness (believe us). We want to read All The...

Book Review: Retirement Income for Life by Fred Vettese

When our retirement income planning clients tell us they’ve read Retirement Income for Life, or one of Fred Vettese’s other books on retiring in Canada, I usually get very excited.  No, it’s not because we’re huge book nerds at Spring and love talking to people who’ve...

Design Thinking: Taxes

Yum... taxes. As Canadians, we may have love-hate relationships with taxes. Or, like many of our cousins to the south, just flat-out hate-hate relationships. Regardless of how we might feel about taxes, they’re a part of our lives. We can choose to ignore them, we can...

February 11th: Living & Investing In the Trudeau Era

Join us for a free evening of cocktails, dinner, and insight on February 11th. RSVP today! tycuda@3macs.com 

You Don’t Have to be Normal

“If you are always trying to be normal, you will never know how amazing you can be.” ~ Maya Angelou We get pretty excited working with each unique individual, family, and business we encounter - and a lot of that is because you’re unique. We’ve never hoped to provide...

Women & Money ebook

On March 8, 2016, we released the Women & Money ebook in honour of International Women’s Day. It’s still relevant, and still free.

March’s Great Reads

It’s that time of year - at least in the middle of Ontario - where it starts to feel like winter’s this close to ending...and then it snows again. Seriously, the only thing keeping me alive right now is that this late winter garbage weather makes great maple syrup....

Introducing Darryl Brown

We are so excited to announce - as you may have seen already on our home page and in our social media channels - that we have another great expert on our team at Spring Plans. Please join us in welcoming: Darryl Brown, Director of Portfolio Strategies Darryl is a...

A Week in the Life of Karen

Tuesday, September 3rd 5:50 am I wake up because it is pouring outside and I sleep pretty close to a big window. Even though it is Tuesday, my schedule dictates it is more like a Monday. Labour Day was yesterday, and in the part of Ontario where I live, the first day...

Another List: The Best Personal Finance Posts This Week

The point: Last week, I started adding the best Canadian personal finance posts I read to a weekly list. Great idea, since whether I share something to Google+, Facebook, or Twitter is largely dependent on where I happen to be sitting at the time, and adding posts to...

The “Invest Better” Calculator

  Our own Sandi Martin collaborated with John Robertson, author of the Value of Simple, to create this useful calculator to help investors make an educated decision when choosing from the variety of low-fee robo-advisors now open in Canada. You can try it out...

HST and Small Business: Onus is a Dirty Word

The point: Trusting the government to tell you what you need to give them and when is like asking your three-year-old to make supper: remarkably inefficient. This post ends with an appeal to write your MP begging for a change in the way small businesses are notified...

What to do when your parents haven’t planned

Your parents have been adults for as long as you can remember. They always had things in hand. They paid the bills, put a roof over your head, bothered you about cleaning up your room and doing your homework, and cried at your graduation/childbirth/other meaningful...

Design Thinking: Your Business and Disability

When you are working on your business plan - or not working on it, as the case may be - the risks that you are usually considering are things like: How you’ll handle cash flow issues Where your next customer is coming from How you’ll manage staff Your next marketing...

May’s Great Reads

If you like the idea of rental income, you may like the idea of dividend income – but is it really better than taking capital gains? Dirk Cotton takes you through the economic theory, behaviour, and history of these two strategies. In “Get More From Your Financial...

RRSPs: Hunting Season

The point: buying an RRSP sometime between January and March doesn't mean you have a retirement plan. Go into any bank between January 2nd and February 28th and you will be haunted by the specter of an underfunded retirement. You will be offered "retirement planning",...

So You Want to Have a Baby in 5 Years?

Before we jump in to helping you prepare your finances for parenthood, we want you to know one truth: you can be a phenomenal parent without being good at money. We didn’t put together this set of tips on how to prepare for a new baby just to add one more item to your...

November’s Great Reads

Halloween has passed us by, but there are still some slightly daunting things to contemplate throughout the month of November, including talking to your parents about money, what really happens when interest rates rise, and how disclosure isn’t necessarily the...

Cash Flow Planning – Building Confidence into Your Retirement Plan

When you think about retirement planning, your mind may start to fill with acronyms: RRSP RRIF TFSA LIRA CPP OAS Just think: that’s only the Starter Pack of Financial Jargon. It gets a whole lot worse. You may think you’ll have to earn a Master’s Degree in personal...

Learn to Love the NOPE

There’s a mostly fun deluge of events, meals with friends, and parties just over the horizon, and, depending on what holidays you celebrate, what your family is like, and how much pie is involved, you might be looking forward to the end of the year with some...

Yearly Maximum Pensionable Earnings Limits Increase in 2016

The YMPE Increases on January 1, 2016. What does that mean to you? Click here to find out.

What happens if I don’t have a will?

Very few people get excited about estate planning, except for financial planners, and we’re admittedly strange folks. Talking about and planning for the moment of your death is not only dark and creepy but also kind of boring - unless you’re the type who gets super...

Frugality Isn’t A Virtue

The point: being frugal just for the sake of being frugal isn't being virtuous. It's being cheap. Let's pretend this is the first time you've been on the internet, and you feel like you need personal finance advice (one of these scenarios is probably easier to imagine...

Book Review: Profit First by Mike Michalowicz

As a business owner, how many times have you wondered why you have little to no profit at the end of the month or year? Especially when your accountant has shown you a profit on your financial statements but you are left wondering where that profit actually is!  In...

The Family Cottage

One of the great joys of summer for many Canadian families is a family cottage, cabin, or camp. No matter what name you may give the place where your clan gets together to enjoy the outdoors and each other, it’s often an important part of who you are, and how your...

What’s Sandi reading?

Sandi Martin reads a lot – and she tells everyone which ones were the best every month.  Starting in January, we will be sending you her reading list directly (if you’ve signed up for our email newsletter).  In the meantime, here’s a sneak peek:

December 2018 Update

  MERRY HAPPY!!! We hope that by the time you’re reading this, you’re feeling well-prepared for the holidays, however you celebrate them. Regardless of whether you partake of religious, non-denominational, or just no activities throughout this season, we hope you...

Incoming: Avoiding The Useless Retirement Plan, Part Three

The point: Retirement planning using general assumptions about your future income is just retirement guessing. And - surprise - it's useless. Seriously? Three posts into a retirement series and we haven't even answered the question "how much do I need to retire?" To...

A Spender Marries a Saver – Now What?

You’ve heard that money is the cause of many arguments between partners. But can a spender marry a saver and live happily ever after? BBC Capital interviewed Julia Chung of Spring Financial Planning to find out.

Working with Sandi was everything I hoped for. I felt like you got to know me well and very quickly. I feel like your recommendations reflected my current reality as well as my personality. That is, you didn’t recommend things that I would never commit to.

After going through this process, I feel like I have a much better understanding of my financial picture. I so wish that I would have done this years ago!! H. Bellerose

Having an impartial 3rd-party review our entire financial situation is one of the best business decisions my wife and I have made. We consider Julia our personal CFO and have incorporated her services into all aspects of our financial lives.

There’s no pressure to purchase any investment or insurance through her or any associate she has introduced us to; but rather an assessment and guidance on plans we have for the future. C. Dewar

Well, it’s been a year since we came to see you last and enacted our plan and we are writing to tell you that we are DEBT FREE on November 1ST ON SCHEDULE!!!

Coming to see you, using your services, was the best decision we ever made as a couple. We can’t thank you enough. We couldn’t have done any of it without you. Thanks, Kathryn.

 

K. & J. Shorrocks

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