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Article
New to Canada? How your TFSA room actually starts
TFSA room begins in the year you become a Canadian tax resident — not from 2009. Here is how it works.
Read more →
Wealth First Financial Group
One plan for your future — protection, retirement, and the legacy you leave behind.
We help Greater Vancouver families and business owners connect insurance, registered accounts, tax-efficient strategies and estate planning into one clear plan — so every decision works together, instead of being made piece by piece.
Hayman Tam · Chief Financial Advisor
Independent broker, licensed in BC.
We represent you, not a single institution.
Our Partners
Our Partners
We work with major Canadian insurance companies — including Manulife, Equitable Life of Canada, iA Financial Group, Canada Life and Sun Life — to find more suitable options for our clients.
Who We Help
Planning that fits your stage of life
Every family's situation is different. Start with the stage that sounds most like yours.
Working Professionals & Families
Income, a mortgage and children change what protection and savings need to do for you.
- Is workplace group insurance enough on its own?
- Family protection: life and critical illness coverage
- Saving for children's education with RESP
Business Owners
When you run a business, personal and corporate finances are closely linked — and so is the planning.
- Insurance planning concepts for business owners
- Keeping the business running if a key person falls ill
- Connecting corporate and personal plans, tax-efficiently
Approaching Retirement
Approaching retirement calls for planning around income order, tax and legacy — decisions that affect one another.
- The order of withdrawals in retirement
- Estate liquidity and passing assets to the next generation
- Turning RRSP savings into RRIF income at 71
New to Canada
Starting fresh in BC raises practical questions about registered accounts and existing coverage.
- Getting started with TFSA, RRSP and FHSA
- What to consider about insurance policies from Hong Kong
- Building a first protection plan in Canada
Retirees
Retirement income is not one decision — it is a sequence: which account to draw first, how benefits fit in, and what remains for your estate.
- The order of withdrawals: RRSP/RRIF, TFSA and non-registered accounts
- CPP and OAS timing, and benefit eligibility
- Estate liquidity and beneficiaries
Young Professionals
Early career planning is about starting right: protection first, then room to save, and a plan for a first home.
- Basic life and critical illness protection
- TFSA and RRSP room — how it builds over time
- FHSA for a first home
Families with $500K+ in Assets
At this level, the question is rarely one product — it is how accounts, tax and legacy fit together.
- Registered and non-registered accounts reviewed together
- How investment income is taxed each year
- Beneficiaries and estate liquidity
Our Services
What we can help with
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Life Insurance
Protection for the people who depend on your income.
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Critical Illness & Health
A financial cushion if illness interrupts work and life.
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Retirement Planning
Turning RRSP, RRIF and other savings into retirement income.
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Registered Accounts
TFSA, RRSP, FHSA and RESP — understanding rooms, rules and timing.
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Segregated Funds
Investment funds offered through insurance contracts, explained plainly.
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Estate Planning
Beneficiaries, liquidity and a smoother transfer to the next generation.
Integrated Planning
How Your Plan Comes Together
Insurance, registered and non-registered accounts, tax and estate decisions are not separate puzzles — each one changes the others. We look at them together before recommending any single piece.
01
Retirement & Registered Accounts
TFSA, RRSP, FHSA and RESP each play a different role. Which one you use — and when — shapes your tax picture year by year.
02
Non-Registered Investments
Money held outside registered accounts has no contribution room and withdrawals are generally more flexible — but interest, dividends and capital gains are taxed differently each year, so where you hold an investment is part of the overall plan.
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Tax Efficiency
Contribution timing, withdrawal order and account types all affect how much tax is payable — in working years and in retirement.
04
Protection
Life and critical illness coverage protect the income your plan is built on — so other goals are not derailed by one event.
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Estate & Legacy
Beneficiary choices and liquidity today decide how smoothly assets pass to the next generation tomorrow.
One example: the order you withdraw matters
In retirement, drawing from RRSP/RRIF, TFSA and non-registered accounts in a different order can change your annual tax bill and benefit eligibility — and what remains for your estate. That is why we plan the sequence as a whole, rather than deciding account by account. This is general education only; your own sequence depends on your situation.
Why Wealth First
Independent advice, built around you
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Independent by Design
As an independent broker, we compare products across the market and represent your interests — not those of a single institution.
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Tailored to Your Life Stage
A new arrival, a growing family and a business owner need different plans. Yours is built around where you are now — and where you are heading.
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Long-Term, Reviewed Regularly
Wealth is not built in a day. We stay in touch and review your plan as your life, family and goals change.
How It Works
A clear, four-step process
01
Present — Getting to Know You
We start by understanding your family, goals and current arrangements.
02
Plan — A Plan of Your Own
We design a plan around your stage of life, budget and priorities.
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Implement — Putting It in Place
We help you complete applications and set up accounts, step by step.
04
Review — Keeping It Current
We review your plan regularly and adjust it as life changes.
Resources
Learn before you decide
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Article
Workplace group insurance: is it enough on its own?
Group coverage is a good start, but it usually ends when you change jobs. Points to check for your family.
Read more →✎
Article
RRSP is large — is that a problem? Withdrawal order, explained
The order you draw from RRSP/RRIF, TFSA and non-registered accounts affects your taxes and benefits. An introduction to the key ideas, including the age-71 RRIF conversion.
Read more →You can watch our latest updates on YouTube and Instagram.
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