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HomeMy WebLinkAboutClinton News Record, 2014-11-05, Page 1818 News Record • Wednesday, November 5, 2014
Local financial manager opens new business
Tara Ostner
The Clinton News Record
When it comes to provid-
ing sound financial manage-
ment, Glen Steinson is hop-
ing to share his knowledge.
Steinson, a Huron
County business owner for
the past 15 years, has just
opened a new company,
Bayshore Financial Man-
agement. The new business
is located in the plaza on
Main Street South (High-
way 21) in Bayfield and
offers a variety of financial
services. In particular, it
specializes in mutual funds
for registered retirement
savings plans (RRSPs), reg-
istered retirement income
funds (RRIFs), educational
savings plans (RESPs) and
tax-free savings accounts
(TFSAs). In addition to life
insurance, Steinson offers
disability insurance, critical
illness insurance, employee
benefit programs and cus-
tomized retirement finan-
cial planning.
Steinson said what
makes his business differ-
ent from other financial
institutions, such as the
major banks, is the vast
assortment of products
that it offers. According to
Steinson, while most of
the major banks are lim-
ited to offering only their
own line of mutual funds,
Bayshore Financial Man-
agement can offer its cli-
ents access to almost all
the `5 -Star' funds as rated
by the industry respected
agency Morningstar.
"I can look at all of the
funds and choose ones that
have consistently outper-
formed over the long term,
have stable management
teams and have lower vola-
tility," stated Steinson. "In
other words, I can cherry
pick which ones I want for
the clients" he said.
The company has also
teamed up with Interglobe
Financial Services Corp, a
firm based out of Windsor, to
provide client support and
administrative efficiency for
the mutual funds.
Steinson began his
career in finance as an
assistant manager at Scoti-
abank in Kitchener. When
Scotiabank bought out
National Trust in 1999, he
was then transferred to
Goderich to be part of the
merge team that oversaw
the transition between the
two branches. Shortly after
the merge was completed,
he became partners with a
small business owner in
AlzheimerSociety
H.R.„ COUNTY
FREE EDUCATION EVENT
Finding Your Way:
What Happens When a Person with Dementia Goes Missing
8:30 am - 1:30 pm
Tuesday, November 18
Betty Cardno Memorial Centre - 317 Huron Road, Clinton
Dementia, Safety and the Caregiver Experience
. Brain Changes & the Importance of Safety
• Huron County OPP & EMS Services
• Ontario 2-1-1 Program
Special Presentation: Project Lifesaver
LUNCH PROVIDED
To Register Online: http://bit.Iy/findingyourwayhuron
For more information:
The Alzheimer Society
of Huron County
519-482-1482
Toll Free 1-800-561-5012
www.alzheimer.ca/huroncounty
lik; • I CIff.i Tw' Way
Huron County. After 15
years of successfully grow-
ing the company with his
business partner and
friend, and while teaching
finance on the side, Stein -
son decided that he
wanted to steer his career
back into personal
finance. "I decided that I
wanted to do this full time,
set up on my own and
have complete flexibility,"
Steinson said.
He also has a diploma in
business, a degree in
finance and has completed
the rigorous Canadian
Securities Course. Having
passed the Professional
Financial Planning Course
(CSI Global Education)
many years ago, Steinson is
now working towards the
certified financial planner
(CFP) designation.
Steinson lives just north of
Clinton with his wife and
three children and says that
he thoroughly enjoys coun-
try life.
For more information
about Bayshore Financial
Management and the prod-
ucts and services it offers,
contact Steinson at 1-800-
920-5258 or visit the busi-
ness website at http://www.
bayshorefinancial.
management
clintonnewsrecord.com
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Tara Ostner, The Clinton News Record
Glen Steinson is happy to present his new office located in the
plaza on Main Street South (Highway 21) in Bayfield.
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