o'farrell financial blog


Wednesday, 10 March 2021 11:15

New for 2021: The Essential Series Webinar

Please join us for the Essential Series Webinar, and explore a variety of wealth management themes. Each episoide features a new topic with a variety of guests that will provide you with the knowledge and advice to make the best decisions for you and your family in 2021! The series is free to attend and is presented virtually on the last Tuesday of the month. Episodes run around 30 minutes in length and are hosted by Daren Givoque, Financial Advisor at O’Farrell Wealth & Estate Planning, Assante Capital Management Ltd.


Register via Zoom here: http://bit.ly/EssentialSeriesWebinar2021


Please see the episode list included, and feel free to let us know if you have any questions or suggestions for future topics!

Article by Daren Givoque, CDFA
September 2020

When you purchase a home and get a mortgage through a bank it is likely that they will offer you creditor insurance. Also called mortgage insurance or loan insurance, creditor insurance makes sure that you are able to pay off your mortgage or other loans with the bank in the event of your death. While this may sound like a good idea there are some significant drawbacks to creditor insurance that you need to be aware of.

Thursday, 06 June 2019 10:36

How to win the life insurance game

Article by Daren Givoque, CDFA
June 2019

Life insurance is all about risk mitigation. It’s about protecting your loved ones financially if something should happen to you unexpectedly. There are so many insurance products out there that it’s often difficult to sift through policies and find the one that is right for you.

Article by Daren Givoque, CDFA
May 2019

When you use your emotions to invest it is easy to get in over your head. The rollercoaster of the stock market is a tough ride when you panic and sell every time there is a dip. Thankfully, there are a few things you can do regularly that will help you.

Thursday, 29 November 2018 16:28

Better Steps into Transition

Article by Angela Lovell
November 2018, Country Guide Magazine

Canadian agriculture is suffering a shortage of family farm advisers with the training and skills to help our farms through succession and transition

Recommended Reading by Geoff Carter
October 2018


I greatly enjoy reading during my downtime. I often come across insightful articles like this one that really spark my interest. When this happens, I immediately want to share my enthusiasm with others. I truly hope you enjoy my recommended reading.

Article by Daren Givoque, CDFA
October 2018


Let’s face it. Life insurance is not a desirable topic of conversation. This is because it can be expensive, and it only pays out if something bad happens. Who wants to think about that?

For business owners though, big or small, there are a few situations where having life insurance can solve some pretty big problems.

Exploring your options - Using permanent life insurance to help fund your child’s education.

August 2018


Tuition costs have nearly tripled over the past quarter-century ­– good enough reason to start planning for your child’s university or college education.1

It’s not how much we give, but how much love we put into giving

February 2018


It’s been said that providing for the next generation is the best way to judge how we’ve lived our life. And while we understand how important it is to plan for retirement and to prepare our estate for our loved ones, sometimes we feel it would be much more rewarding and satisfying to pass along these gifts earlier – while we’re alive – so we can witness the joy and security we’re providing to those we love most.

Less strain on your plan = lower cost for your plan

January 2018


January 1st, 2018 saw the introduction of OHIP+: Children and Youth Pharmacare. All Ontario residents under the age of 25 who have OHIP coverage will now be covered by OHIP+. This program will cover 100% of the cost for more than 4,400 eligible drugs listed on the Ontario Drug Benefit (ODB) formulary.

Monday, 13 November 2017 15:51

New Mortgage Rule = Less House

What the new mortgage rule will mean for you

November 2017


Have you heard about the new “stress test” that will be put in place Jan. 1, 2018? The Office of the Superintendent of Financial Institutions (OSFI) recently announced a new rule that will mean all homeowners will need to qualify at the posted mortgage rate plus 2% at the time of application. This means a 20% down payment may no longer suffice. Currently, only insured mortgages are subject to stress tests, but come the new year, that all changes.

Friday, 13 October 2017 10:29

To Renovate or Not To Renovate?

How to pay for your renovation

October 2017


A lot of planning and consideration goes into a home renovation. What are the reasons for renovating? What needs to be done? What is your budget? How will you pay for it?

Monday, 08 May 2017 11:03

Creating a Prosperous Future Together

By Deron Johnston

May 2017


On Friday, April 28, the Municipality of North Grenville hosted its 8th annual North Grenville Economic Development Appreciation Breakfast at the Municipal Centre. The theme for the breakfast was “Creating a prosperous future together”, and it was attended by approximately 200 people.

Eastern Ontario – O’Farrell Financial Services announces the partnership of Hugh O’Neill, effective May of 2017.

 Hugh O’Neill, a resident of North Grenville, is a Financial Security Advisor and a Certified Agriculture Financial Advisor with O’Farrell Financial Services Inc.  With over 20 years of experience in the Agriculture Financial Industry, Hugh works with farms and business owners on Succession Planning. He is based in the Winchester Office and travels to all four O’Farrell Financial locations to meet with clients. 

Here are some solutions.

April 2017

 Contribute to your RRSP.

Recent surveys by Insights West and Credential Financial have shown Canadians aren’t adequately prepared for retirement. In fact, 68 percent don’t have a retirement plan and 30 percent have yet to save a cent towards their retirement. Why not be proactive and fund an RRSP to help ensure you have the resources to enjoy your retirement? http://bc.ctvnews.ca/majority-of-canadians-aren-t-prepared-for-retirement-study-1.3278742

Recruit and retain great employees

February 2017


As a small business owner, you rely on your employees to help build your business. You have a great team behind you, so how do you protect your employees and build employee satisfaction and loyalty?

Eastern Ontario – Earlier this month, O’Farrell Financial Services announced the partnership of Cynthia Batchelor and Daren Givoque effective January of 2017.

Without much effort, a tree may still grow and mature; however, with a little more attention and care, that same tree may blossom into something magnificent. The same is true when it comes to saving money for the future. Is your current plan being cared for, or simply left to grow on its own?

With the March 1, 2017, registered retirement savings plan (RRSP) deadline just around the corner, now is a good time to revisit your financial security plan. 

By making small lifestyle changes, you could help you and your loved ones financially.


We all know how important it is to take care of our physical health – it keeps us strong and helps ensure we’ll be around for years to come.

But what about looking after our financial health? It’s just as important but often doesn’t receive the attention it deserves.

Even if it seems like you don’t have enough money to invest or buy insurance, it doesn’t take much. If you cut down on extra lattes or meals out, you could set yourself up with a plan for a successful financial future.

Friday, 18 November 2016 08:41

Year End Tax Tips

Tax time is still months away, but year-end is approaching fast. That means you should start thinking now about what you can do before December 31— the deadline for many tax breaks — to create some savings for yourself when tax time does arrive. Here are some things to consider before the year is out.

Tuesday, 25 October 2016 15:31

Welcome to Retirement

Steps to help ensure your financial success

May 2016


You’ve got a nice nest egg saved up, but want to make it last (and grow!) so you can bring your retirement dreams to life. As you move closer to your retirement date, take time to evaluate the factors that could impact your retirement income. Use this quick checklist to stay on track. 

Wednesday, 11 May 2016 00:00

O'Farrell Financial Expands to Cornwall

By Bob Peters 
May  9, 2016

Cornwall Ontario - A company with a long history of business in Eastern Ontario now has a Cornwall address.

O’Farrell Financial Services has opened a new office in Downtown Cornwall, at the busy intersection of Second and Sydney.

“We are excited to be in Cornwall, and especially in Downtown Cornwall,” says company Managing Partner Dermid O’Farrell. “We have been made to feel very welcome in the short time we have been open, and we look forward to connecting with more people in the city.”

We invite you to help make the 2015 O'Farrell Financial Holiday Food Drive a huge success! Please drop off non perishable food items to our Kemptville, Brockville or Winchester offices. Donations will benefit organizations within each of the communities we serve. Donations delivered to our Kemptville location will go to the Kemptville Kinsmen Food Bank. In Brockville donations will go to the Brockville Salvation Army Emergency Food Bank, and in Winchester donations will go to the Dundas County Food Bank. Together, we can make a difference! Lets give back to our communities this holiday season.

Food Drive will run from November 13th - December 23rd

thumb awardO'Farrell Financial Services was honoured to be the recipient of the Greater Brockville Ad & Sales Club Helen G. Wood Business of the Year award. Thank you to the Brockville Ad & Sales Club for this recognition, and thank you to all of our clients who have made this possible!