My name is Ed Rempel CPA, CMA, CFP. The main Wise Guy on this site. I am a financial blogger, fee-for-service financial planner and tax accountant with a ton of real life financial planning experience. I love sharing my insights from experience.
Unconventional Wisdom is the #1 blog in Canada for a full service financial planner for a reason. It's not the usual yada yada. It's insights from experience on what really works. What really works is rarely conventional.
Here you will learn how to achieve security and freedom. This is also the place you can get real answers to those financial issues that have been on your mind. Read my personal About Me profile here.
I see things differently. I see from experience what does and what doesn’t make people successful with their money. I am a fee-for-service financial planner that has seen the complete finances of thousands of Canadians. One of my favourite things to do is to point out false facts – the conventional wisdom most people believe that just is not true or that is less than optimal. Read the Unconventional Wisdom articles to see my version of humour.
Being a former industry insider, I see “financial quackery” – sales pitches made to look like advice. Most advisors pretend to do financial planning and use “placebo advice” (feel-good bad advice), The investment industry consistently markets the wrong products and creates the worst products, especially for high net worth investors. Pointing out industry shortcomings is fun!
I also see what the industry does right – and how to find quality products and advice. The media is mostly “financial porn” – short-term thinking and focused on a few hot-button issues. It is a keeper of the “conventional wisdom” I like to poke fun at.
Come to this site to find out what’s wise and what’s not. "To have unconventional success, you can't be guided by conventional wisdom." - David Swenson
I am always thrilled to see my name on a list of top bloggers and money influencers. I sincerely hope that I am influencing Canadians to make smarter financial decisions. I love sharing my insights based on experience into what really works, not on the conventional wisdom. Recognition includes:
- 60 Money Influencers in Canada in 2020 (Hardbacon)
- Top 50 Personal Finance Blogs in 2020 (Feedspot)
- 40 Money Influencers in Canada (Feedspot)
- 10 Passionate Canadian Personal Finance Bloggers to Follow
- Ed Rempel Top Key Note Speaker at The Canadian Financial Summit
- Best from the Blogosphere
I built one of the largest financial planning firms in Canada and found there was hardly any competition for my practice. People look at me funny when I say that, but it’s true. I attribute my success to focusing on financial planning. Most advisors focus on selling investments. You do not need an investment salesperson. You need someone to focus on your life and what you want from it. Someone to help them make smart decisions.
My experience includes:
- 25 years as a fee-for-service financial planner professional.
- 36 years as a tax accountant.
- 12 years as a guest author on the popular Million Dollar Journey blog.
- Building one of the largest financial planning practices in Canada.
- Writing comprehensive and personal financial plans for more than 1,000 families.
- Helping more than 600 clients implement and follow their financial plans.
- Managing more than $100 million in investments.
- Writing courses on financial planning & investing, and educating 216 financial advisors at the largest credit unions.
- Expert in several effective strategies, such as the 8-Year GIS Strategy, the Smith Manoeuvre, Lifecycle Investing (sometimes called “Smith Manoeuvre for renters” or “Smith Manoeuvre for Millennials”), the Cash Dam, and the Rempel Maximum, RRSP top-up, and tax strategies for self-employed and retirees.
- Creator of the "8-Year GIS Strategy" and the “Rempel Maximum” strategy.
- Completing the Certified Hedge Fund Specialist program with the highest mark in Canada.
- Semi-retiring in my 50s to focus on my passion for writing. I want to make a difference for Canadians.
I have been covered in many publications, including the #1 industry publication for financial planners, the Investment Executive:
- Financial Literacy, the Web Way - Interview about how I used social media to educate. This appeared on the front cover of the #1 industry publication.
- Winning Strategies - Video interview about my passion for educating the public through blogs and webinars.
- CFP - Certifed Financial Planner professional.
- CPA, CMA. Tax Accountant. Chartered Professional Accountant. (Top mark in Manitoba level 3)
- CHFS - Certified Hedge Fund Specialist. (Top mark in Canada)
I constantly receive impromptu testimonials and thank yous. Here are are just a few comments from clients.
I often write for leading publications and websites, and have been interviewed for many articles. You can read them here:
I am a financial blogger and fee-for-service financial planner in the Toronto area. I love writing and blogging to educate and entertain. I love talking finance. I also love reading, ever since taking a speed-reading course, and have 9 full bookshelves. I am fascinated by physics and space. I am loyal to my Toronto Argonauts and the Leafs. (They really will be better next year.) I enjoy learning, theatre, fine dining, cruises, and good company.
This discussion forum
Let’s start a discussion. Please ask questions or comment below the articles – and send me your feedback, topic suggestions and burning financial issues. Please note that while I am a financial planner, nothing on this site can be considered advice. I don’t know your situation or whether any insight, no matter how wise, is a good idea for you specifically. Consider this site to be your source for experienced, quality, professional insight. Find out what’s wise and what’s not.
A great start is:
- Watch my 17 white board videos, starting with "About Ed Rempel" at the top of this page.
- Watch my 50-minute video: “The 6 Steps to Become Financially Independent”. It is an overview of what you really need to know to become financially independent. This is a ‘must see’ video with the core of my experience.
- Watch my 13-minute video about me and the advice & services my team and I provide at the bottom of this page: https://edrempel.com/become-a- client/.
If you think you might need some help to achieve your life goals, I have a ton of experience and provide personalized, unbiased, comprehensive advice. My services are explained here: https://edrempel.com/become-a- client/.
Ed Rempel Fee-For-Service Financial Planner and Tax Accountant