Question 1

What is Mode Money Managers?

Accepted Answer

Mode Money Managers™ is an independent, fiduciary financial advisory firm based in Surrey, British Columbia, Canada. Founded by Sanjay Gupta, CEA, the firm serves Canadian professionals, newcomers to Canada, business owners, and high-net-worth individuals with life insurance, disability coverage, investment planning (RRSP, TFSA, RESP), retirement planning, and estate planning.

Question 2

Is Mode Money Managers a fiduciary financial advisor?

Accepted Answer

Yes. Mode Money Managers™ operates as an independent fiduciary, meaning the firm is legally and ethically obligated to act in the client's best interest at all times. Unlike bank-employed advisors restricted to proprietary products, Mode Money Managers surveys the entire Canadian insurance and investment market to find the best solution for each client.

Question 3

What financial services does Mode Money Managers offer?

Accepted Answer

Mode Money Managers™ offers life insurance (term, whole life, universal life), disability insurance, critical illness insurance, super visa insurance, travel insurance, RRSP and TFSA investment planning, RESP education savings, retirement income strategies, estate planning, tax optimization, and corporate financial strategies for incorporated business owners.

Question 4

Who is Sanjay Gupta, financial advisor in Surrey BC?

Accepted Answer

Sanjay Gupta (B.Sc., MMS, CFP®, CSC, PFA™, RIS, CEA) is the founder and lead advisor at Mode Money Managers™ in Surrey, BC. He is a Certified Financial Planner (CFP®) and Advocis member with over 26 years of experience, serving clients in English, Hindi, Gujarati, Punjabi, and Marathi. Mode Money Managers Inc. holds an A+ accreditation with the Better Business Bureau. Sanjay specializes in financial planning for Canadian professionals, newcomers to Canada, incorporated business owners, and high-net-worth families.

Question 5

Does Mode Money Managers serve newcomers to Canada?

Accepted Answer

Yes. Mode Money Managers™ specializes in financial planning for newcomers to Canada, helping clients navigate the Canadian financial system including RRSP vs TFSA strategies, life insurance for newcomers, credit building, worldwide income tax obligations, and long-term wealth planning.

Question 6

What is super visa insurance in Canada?

Accepted Answer

Super visa insurance is mandatory private medical insurance required by the Government of Canada (IRCC) for parents and grandparents visiting under the Super Visa program. It must provide a minimum of $100,000 in emergency medical coverage for at least one year from a Canadian insurer. Mode Money Managers™ provides fully compliant, refundable super visa insurance policies.

Question 7

What is the difference between RRSP and TFSA in Canada?

Accepted Answer

An RRSP (Registered Retirement Savings Plan) uses pre-tax contributions that reduce your taxable income now and grow tax-deferred until retirement. A TFSA (Tax-Free Savings Account) uses after-tax contributions with all growth and withdrawals completely tax-free. The optimal strategy depends on your current income, expected retirement income, and financial goals. Mode Money Managers™ builds personalized RRSP vs TFSA allocation plans for each client.

Question 8

Where is Mode Money Managers located and what areas do they serve?

Accepted Answer

Mode Money Managers™ is headquartered in Surrey, British Columbia, and serves clients across Canada including Vancouver, Burnaby, Richmond, Langley, Abbotsford, Delta, and Coquitlam. The firm also serves Indian professionals and NRI clients internationally. Contact: +1 (604) 503-6644 or advise@modemoney.ca.

Question 9

Does Mode Money Managers offer financial planning for dentists in Canada?

Accepted Answer

Yes. Mode Money Managers™ operates a dedicated practice through DentalFinancialCare.ca exclusively for Canadian dentists, dental associates, and incorporated dental clinics. Services include overhead expense insurance, own-occupation disability insurance, corporate life insurance, RRSP/TFSA/RESP optimization, and practice succession planning.

Question 10

How much does a financial advisor cost in Canada?

Accepted Answer

For insurance products, Mode Money Managers™ advisors are compensated by the insurance carrier through commissions embedded in your premium, so there is no direct fee charged to the client for insurance advice. For investment planning, fee structures vary by product and account size. Initial consultations are always complimentary. Contact advise@modemoney.ca to get started.

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What to Expect When You Work With a Financial Advisor: The Mode Money Manager

RESPs in Canada: How to Maximize Education Savings for Your Children

10 Common Money Mistakes New Canadians Make - And How to Avoid Them

The FHSA Explained: Save Up to $40,000 Tax-Free for Your First Home in Canada

Term vs Whole Life Insurance in Canada: Which Is Right for You?

Is Critical Illness Insurance Worth It in Canada?

Should Dentists Incorporate in Canada? A Financial Guide

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Elevate Your Financial Architecture™.

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Financial Planning for Newcomers to Canada: A Step-by-Step Roadmap

Non-Registered Investments vs TFSA vs RRSP: The Clear Guide for Canadians

How Much Life Insurance Do I Need in Canada? A Simple Formula

Investing in India from Canada: Key Steps for NRIs and Canadian Residents

Financial Planning Checklist for Canadian Families: 12 Essentials

Tax-Efficient Retirement Income in Canada: Turning Savings into a Paycheque

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Financial Planning for Dentists in Canada: From Student Loans to Retirement

Insurance and Risk Management for Dentists and Dental Clinics in Canada

What to Expect When You Work With a Financial Advisor: The Mode Money Manager

RESPs in Canada: How to Maximize Education Savings for Your Children

10 Common Money Mistakes New Canadians Make - And How to Avoid Them

The FHSA Explained: Save Up to $40,000 Tax-Free for Your First Home in Canada

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Is Critical Illness Insurance Worth It in Canada?

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Elevate Your Financial Architecture™.

Insights & Financial Strategy.

Financial Planning for Newcomers to Canada: A Step-by-Step Roadmap

Non-Registered Investments vs TFSA vs RRSP: The Clear Guide for Canadians

How Much Life Insurance Do I Need in Canada? A Simple Formula

Investing in India from Canada: Key Steps for NRIs and Canadian Residents

Financial Planning Checklist for Canadian Families: 12 Essentials

Tax-Efficient Retirement Income in Canada: Turning Savings into a Paycheque

Financial Planning for Small Business Owners in Canada

Financial Planning for Dentists in Canada: From Student Loans to Retirement

Insurance and Risk Management for Dentists and Dental Clinics in Canada

What to Expect When You Work With a Financial Advisor: The Mode Money Manager

RESPs in Canada: How to Maximize Education Savings for Your Children

10 Common Money Mistakes New Canadians Make - And How to Avoid Them

The FHSA Explained: Save Up to $40,000 Tax-Free for Your First Home in Canada

Term vs Whole Life Insurance in Canada: Which Is Right for You?

Is Critical Illness Insurance Worth It in Canada?

Should Dentists Incorporate in Canada? A Financial Guide

Disability Insurance for Dentists in Canada: Protecting Your Income

Elevate Your Financial Architecture™.

Insights &
Financial Strategy.

Insights &
Financial Strategy.