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, QAFP™

Karen Richardson, QAFP™

Cash Flow & Associate Financial Planner

Areas of Specialty: Cash Flow Planning, Retirement Planning

Kathryn Mandelcorn, FMA, PFP®,  QAFP ™

Kathryn Mandelcorn, FMA, PFP®, QAFP ™

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

Renovation: Profiting from Real Estate

Planning on earning a fortune in the real estate market? Read this first. 

Numbers, Numbers, Numbers: Avoiding the Useless Retirement Plan, Step Two

The point: You can't plan where you're going until you know where you want to go and where you're starting from. Do you know what you want out of life? If that sounds like a surprisingly navel-focused question coming from a financial planner, it's only because - dare...

June’s Great Reads

I've got a monster reading list for you this month, and I'm still fighting that nagging feeling that there was way more good stuff out there than I managed to catch. If you've got the time, scroll through the entire list down there at the bottom, and catch Preet...

Quick Update: Retirement Income Interview

In case you've been missing Because Money (on hiatus as we plan for Season Three), I just did an interview with Kornel Szrejber on retirement income planning, and we managed to squeeze a few laughs out of what is traditionally a less-than-hilarious topic. Some of the...

BC Real Estate Taxes

Owning residential real estate in British Columbia is expensive, as you well know, and thanks to recent changes on both a provincial and municipal level, it’s also a great deal more complicated. Most of the changes were brought about by BC’s 2018 Budget, but a few of...

September 2019 Update

Phew! What is with September? All that back to school/back to work/questioning where time even went after much lounging (we hope!) throughout the brief but spectacular Canadian summer can be A LOT. Thankfully, your team at Spring Plans is here to help you wade through...

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...

New Love: A Retirement Dream – or Nightmare?

You’ve found true love in your 60s.  It might be a dream come true, but there’s far more to consider than just companionship. BBC Capital interviewed Julia Chung from Spring Financial Planning for her tips on starting successfully.

February’s Top Three Reads

There’s a common thread to Sandi’s top reads this month (and it’s not just the fact that she read them on the way to our Spring Retreat): disability insurance, moving in together, and annuities are all topics that too many people make too many assumptions about,...

Retired Widow: Case Study

We’re delighted to present you with another financial planning case study as part of this year’s theme. This one was drawn from a mash-up of typical clients and scrubbed of identifying detail, because privacy. Remember, we’re writing these case studies to illustrate...

CERB and COVID-19 Cash Flow Clinic

Note: For more information on the coronavirus and how it relates to your finances, see our dedicated COVID-19 resource page.  Cash Flow Clinic Transcript Kathryn Mandelcorn (KM) 0:16 Good afternoon everybody, everybody’s admitted in, we are recording this call. So...

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 -...

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....

Thoughts on Privilege In Financial Advice

Normally on the first or second Tuesday of the month I'm compiling and sending out a Top Three email to subscribers, highlighting the latest collection of thought-provoking, or informative posts on investing, the finance industry, retirement planning, or budgeting...

See, Now This Just Makes Me Angry

"If you were to assume that many experts use their information to your detriment, you'd be right. Experts depend on the fact that you don't have the information they do. Or that you are so befuddled by the complexity of their operation that you wouldn't know what to...

November 7th – Open House

Join Julia on Saturday November 7th from 10 AM to 12 PM at Steadyhand Funds in Vancouver, where she’ll be answering all your financial planning questions.

The RDSP: 10 Years in 2019

In December 2008, the federal government implemented the Registered Disability Savings Plan (RDSP), a tax-deferred savings vehicle designed specifically to help people with disabilities, and their families, plan for long-term financial security. An RDSP allows people...

Book Review: Daring Greatly by Brené Brown

Daring Greatly by Brené Brown is one of those few books that I want to keep multiple copies of, so I can press it into people’s hands and say, “Just read it, trust me.” Brown, if you’ve never heard of her, is a research professor who studies vulnerability,...

Portfolio Second Opinion: A Case Study

Welcome back to another case study! If you’re new here, our case studies involve mushing together similar client stories, scrubbing away any identifying details, and sharing how we’re helping Canadians in various financial situations with cash flow, retirement...

Valuation – How Much is Your Company Worth?

Ever wondered how to do a company valuation? Mary Gamble, Chartered Business Valuator at iValue Solutions, provides answers to common questions she receives from business owners.

February’s Great Reads

Winter weather often brings blankets, fireplaces, and hot drinks. While you’re thawing your toes, you may feel inclined to dream a little, and Sandi has the reads for you to do just that. Dreams about retirement, and who you might be when you stop working, are right...

September 2018 Update

Now that summer is officially over (boo! hisss!) it’s time for one of our all-time favourite activities at Spring: using what we’ve learned about ourselves to make life better - for ourselves, our families, our team, and our clients. (We swear we’re fun at...

September’s Great Reads

In my world, September is a BIG month. Summer effectively ends on Labour Day, the kids are at school, and it’s time for a hard reset (what I privately think of as a second New Year) to prepare myself for the whirlwind of the last three months of the year. In your...

June 2020 Update

  What a month, what a year. It’s hard to be a person right now, and it’s hard to be mindful, goal-oriented, and thoughtful about our futures. It’s times like these that, more than ever, we need to rely on our plans. We gave our thoughts on all of that in last...

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...

December’s Great Reads

Well, that’s nearly it, folks. 2018 is marching away, into the darkness, tucked into boots and wrapped into a warm parka, heading towards the shining beacon that is 2019. We are imagining you up to your chin in blankets, with a warm beverage by your side, cozying up...

The Power of Confusion

The point of this post: the world of personal finance can be as confusing as a room full of five-year-olds playing soccer, and the financial industry needs to stop pretending that it's not. Yesterday was my oldest daughter's first day of soccer.     It...

Is Private School Worth The Cost?

Sending your children to private school can mean making some big sacrifices.

 

10 Signs You’re Not Ready to Retire

Have you been retirement planning, but now you’re not sure if you’re ready to retire? The Motley Fool notes 10 signs you’re not ready, and Julia Chung of Spring Financial Planning weighs in on #6 and #8.

Design Thinking: Investing

“How should I think about investing?” is a question I wish a lot more people would ask. Why? Because there is so much more to investing - investing well - than what you should put in your portfolio and who you should get to manage it for you. Oh great, I can hear you...

A Week in the Life of Sandi

Monday, March 26 5:00AM My alarm goes off, and I head downstairs for the best part of the day (the quiet part with hot coffee and no random Marvel movie questions because my son -- and everyone else -- is still asleep). I don’t often get up this early anymore, but I...

Dear Big, Enormous Bank With Little Competition, Please Blow My Mind

Hi. You probably don’t remember me. I was one of a series of warm bodies in that cubicle in Newmarket, the office (with a door!) in Huntsville, and the other office (with a window!) in Bracebridge. I mostly didn’t meet my sales targets and never made my cold-call...

Practice News: Collaboration with JYC Financial

It's the best time of the year! Summer in Muskoka with three young kids means lots of late afternoons at the beach, so if you happen to be in Gravenhurst on a sunny day right before dinner...you'll know where to find me.Typically, the summer months are when I try to...

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...

Design Thinking: Income & Cash Flow

As promised in our What We Want for you in 2019 article, we are jacked about design thinking this year, and how you can use it to optimize your life and your finances to create the life that you didn’t know you always wanted. This month, we are applying this thinking...

Book Review: We Need to Talk by Celeste Headlee

Any book that promises to help me get better at something important, and that the work will be hard and take time (possibly even a lifetime), is a book for me. I stumbled across We Need to Talk by Celeste Headlee while I was browsing through my library’s e-book app¹,...

Money Matters: Take Control

Julia Chung’s article in the Spring 2016 PowHerHouse magazine outlines the basics of goal setting.

Design Thinking: Business & Money

Got a business? Self-employed? Looking at a side hustle? Your money just got a whole heck of a lot more complicated. But, not to worry, your friendly neighbourhood financial planners are here to help.  In the months and years ahead as you grow your empire, your...

RRSP Basics

Many people feel pretty confused about RRSPs – how they work, and why they’re useful. At the same time, people can feel embarrassed to ask for a full explanation. 

To help you move forward with this useful tool, here is your RRSP Primer!

April 2018 Update

Have you ever felt like everyone is working with the same set of information that you are - and therefore, sharing it would not be valuable? It’s a cognitive bias called “false-consensus,” which leads people to believe that their own values and ideas are “normal” and...

Three Great Reads You Might Have Missed

It's great to be back in the reading saddle again, and have I got some outstanding pieces for you! For those of you who are new around these parts, I'm a reader. (My friend Noel asked me the other day if I'd gotten to the last page of the internet yet. I haven't, but...

August’s Great Reads

I love my reading list this month, I really do. I know I say that almost every month, but guys: there’s some real gold in here for everyone, whether you’re spending the month of August toiling away at work like you do every month, relaxing in a canoe or on a beach...

Spring’s 2019 Summer Reading List

We love, love, love reading at Spring Plans. Immersing ourselves in data, research, and stories about people is how many of us spend our downtime. We vigorously wave our nerd flags, and each summer build our own individual reading lists to trundle through on our...

Canada Pension Plan Maximums January to December 2016

With few exceptions, Canadians over 18 who work in Canada and earn more than the minimum amount ($3,500) must contribute to the Canada Pension Plan.  Your contributory period starts at  the time you begin work and ends at retirement.

Julia Chung Live at PowHerTalks: 4 Fears to Conquer

Julia’s PowHerTalk in November was “Start Ups: 4 Fears to Get Over”.  Julia will be the Host and MC for the upcoming Vancouver PowHerTalks on January 30th. Register here

Design Thinking: Retirement Income

Retirement income planning is a H-U-G-E topic, which is why we’re breaking it down in our Design Thinking Meets Financial Planning series over three posts.  First, we want you to actively design answers to the question, who are you, really? What do you need to be...

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.

The Best Discount Brokerage for Small Index Investors, and How Much it’s Going to Cost You

The point: If you're starting out as an index investor, and are going to be regularly contributing in a self-directed brokerage account, the best discount brokerage for you is TD Direct Investing, but not for any of the reasons most reviewers list. *UPDATED* This post...

April’s Great Reads

What is success? What is best? How do you make the right decision? The intricacies of personal finance require deep dives into countless areas, from investment vehicles, through decision making and your own definitions of success. Jenny Anderson takes a swipe at the...

Planning for Retirement: Uncertainty is Certain, so Pick Your Poison

If you're planning for retirement and make the mistake of scrolling through any finance section in a slow news week, you have to ask yourself: what kind of questions are they asking to produce breathless headlines like these? Half of Canadians don't think they'll be...
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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