Mission Statement

Based in Ottawa and serving executives, professionals and high net worth family nationwide, we are dedicated, experienced investment professionals working with integrity to reach your financial goals.

We are committed to protecting and growing our clients’ wealth by bringing together customized portfolio management, tax and estate planning, insurance analysis and business succession planning.

Service, accessibility and professionalism are the cornerstones of our business at Saikali Portfolio Management. We take the time to understand your goals and provide solutions to your financial needs, freeing you to enjoy the things that are most important in life.

Our Blog

Keeping You Up-to-Date & Informed

3 things to do with your tax refund

Make the most of it

April 19, 2018

As the deadline to file 2017 income tax returns approaches, many Canadians are either hurrying to submit their paperwork or patiently awaiting a refund from CRA. While it may be tempting to treat a tax refund as “free money”, it’s smart to look at it as you would any other income. Before you go out and start spending, read over our tips for making the most of your tax refund.

Clear (or reduce) any high interest debt

Many of us have some debt in the form of a mortgage or perhaps a home line of credit – both common scenarios that generally pose little risk to one’s long-term financial plan. The Bank of Canada raised the key interest rate several times in the past twelve months but it remains well below 4%, keeping mortgages and home LOCs fairly reasonable in terms of repayment. However, a credit card can have an interest rate as high as 18-20%. If have any high interest debts, such as a credit card or unsecured line of credit, make paying them down your first priority. Simply put, there is no investment with a guaranteed return high enough to counteract the monthly payments owed on a credit card carrying a balance. Knowing this, it’s wise to pay down any “bad debt” before using your refund for any investments or discretionary spending. For advice that is specific to your situation, please contact my team – we’d be happy to help guide you.

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Feds double down support for Trans Mountain

Canadian Market Summary

April 17, 2018

While no definitive milestones were reached at Sunday’s meeting between the prime minister and the premiers of B.C. and Alberta, we nevertheless view it as a positive data point for Kinder Morgan Canada’s Trans Mountain Expansion Project (TMEP). The federal government reiterated its support for the project, and the prime minister once again stated that the project will get built and that this year’s construction season (which is likely required for the project to make its timeline) will be made. Kinder Morgan Canada’s shares were very volatile last week following its announcement that it would stop non-essential spending, but the shares rallied through the week off the Monday lows as the market gained greater confidence in TMEP. We maintain our bias that the pipeline gets built, and Sunday’s events were supportive of this view. We reiterate our Sector Outperform rating and $23 target price.

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Our Team

Helping You Achieve Financial Success

Renaldo Saikali, B. Comm., CIM

Portfolio Manager

Renaldo Saikali

As the senior investment advisor and Portfolio Manager at Saikali Portfolio Management, Renaldo brings 19 years of experience as well as an in-depth knowledge of markets and the economy. He works diligently to help his clients plan for and realize their investment goals, both short and long-term. Renaldo’s formal education includes a Bachelor of Commerce (specialization: Finance) from the Sprott School of Business at Carleton University. He has completed the first level of the Chartered Financial Analyst (CFA) program, as well as the Canadian Securities Course (CSC) and the Canadian Options Course (COC).

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Andrea Goodman

Investment Associate

Andrea Goodman

Andrea joined Scotia Wealth Management in 2007 and has over 15 years of experience in the Financial Services Industry. Andrea is a graduate of Simon Fraser University with a Bachelors in Business and Economics. She is a licensed Life Underwriter, has her Options trading license and has achieved the Professional Financial Planner designation. Andrea, with Renaldo, assists clients in mapping out their future goals by developing individual financial plans. She also plays an integral role in maintaining and reviewing client investment portfolios.

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Richard Naufal

Investment Associate

Richard Naufal

Richard has been in the investment and financial services industry for over 18 years, spanning across areas of financial planning, people management, compliance, and banking. His industry education is from the well-regarded Canadian Securities Institute, from where he has completed the Canadian Securities Course, Professional Financial Planner Course, and many others. He endeavours to deliver excellent customer service and provide solid financial advice to each and every client. Richard loves spending time with his family and friends, and believes that a balanced lifestyle is the key to good health.

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Adam Kane

Private Banking Specialist
The Bank of Nova Scotia

Adam Kane

At Scotia Wealth Management, you benefit from our team-based approach through all of life’s changes and opportunities. What sets us apart is our holistic approach to assessing your wealth and borrowing capacity, meeting your needs on an entirely different level.

We have simplified borrowing with the Total Wealth Credit Solution. This customized lending gives you the ability to pledge just about any combination of wealth assets to access maximum liquidity in the simplest way possible. We offer a sophisticated credit solution to accommodate large purchases or investments that may be impacted by timing differences in cash flow.

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Discover Our Services

A Comprehensive Range of Financial Services

Our ServicesTo attain a truly complete wealth management strategy we combine customized portfolio management with integrated tax, retirement, estate, and business succession planning.

Our clients have unique needs that require customized solutions. They have outgrown mutual funds and other off the shelf investment and seek the flexibility and transparency of a personalized, integrated wealth management strategy.

Contact Us

Get in Touch With Our Team

505 March Road, Suite 250, Kanata, Ontario, K2K 2M5, Canada
(613) 271-6614 · (613) 271-6626