What is Mode Money Managers?

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.

Is Mode Money Managers a fiduciary financial advisor?

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.

What financial services does Mode Money Managers offer?

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.

Who is Sanjay Gupta, financial advisor in Surrey BC?

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.

Does Mode Money Managers serve newcomers to Canada?

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.

What is super visa insurance in Canada?

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.

What is the difference between RRSP and TFSA in Canada?

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.

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

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.

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

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.

How much does a financial advisor cost in Canada?

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.

Back to Services

Open Investment Accounts

Non-Registered

Unlimited investment room for corporate or high-net-worth personal wealth.

Key Benefits

No Limits: Invest unlimited capital once registered accounts are full.

Capital Gains Advantage: Only 50% of realized gains are taxable.

Dividend Tax Credit: Preferential tax treatment for Canadian dividends.

Corporate Class Funds: Structures designed to defer taxes within a corporation.

"Once your RRSP and TFSA are maximized, Non-Registered accounts are the vehicle for building substantial wealth. While they lack the tax deferral of registered plans, we utilize tax-efficient funds and "Corporate Class" structures to minimize the annual tax drag on your returns."

Questions

Non-Registered: Frequently Asked Questions

A non-registered account makes sense once you have maximized your RRSP and TFSA contribution room, or when you need funds available without registered-account withdrawal rules. Incorporated business owners also use non-registered corporate accounts to invest retained earnings inside the company.

Interest income is fully taxable at your marginal rate. Canadian dividends receive a dividend tax credit that lowers the effective tax rate. Capital gains are the most tax-efficient: only 50% of a realized gain is included in taxable income. We select fund structures and asset location to minimize the annual tax drag.

Corporate Class funds are a fund structure that can reduce or defer the taxable distributions paid out each year compared to a standard mutual fund trust, which is valuable for incorporated professionals investing retained earnings inside a non-registered corporate account, since it helps manage the company's passive income for small business tax purposes.

Yes, in the sense that any investment account outside an RRSP, TFSA, FHSA, or RESP is considered "non-registered" or "open." It offers no contribution limits and no tax shelter, but in return there are no withdrawal restrictions and full flexibility for larger sums of capital.

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