Condo Corporations
As a board member or property manager of a condominium corporation your owners rely on you to protect one of their biggest assets – their home. Our job is to protect and maximize the one part of this asset which is often overlooked – the reserve fund. Most reserve funds do not meet the assumed interest rate in the reserve fund study, and are, thus, forced to raise condo fees every three years to keep pace with inflation.
Being one of Canada’s largest independent (non-bank-owned) wealth management firm means we are able to “shop around” Canada’s banks with significant buying power. Since the banks are competing for our business, we often receive better rates than a condominium corporation could receive directly from the bank. Whether it be high interest savings accounts or GICs, we leave no stone unturned to find you the best rate.
Click Here to contact Wild Wealth Management to receive a complimentary review of your current investments and reserve fund study.
Related Resources
Reserve Fund Quarterly
Reserve Fund Quarterly - April 2024