Omega Stewardship ® Timothy Ross & Associates

Stay At Home Mom's Need Insurance Too

Check out this article,a lot to consider. ~ Tim

http://www.advisor.ca/insurance/life/stay-at-home-spouses-need-insurance-too-78019

Many husbands and wives who don’t earn a paycheque think insurance is a waste of money. Yet if they die, their working spouses will be scrambling to cover funeral costs, not to mention many new expenses.
Your job is to show them the value of what they do. I ask stay-at-home clients to estimate what they think they should earn an hour. They usually guess low, and think a $100,000 life insurance policy is enough. It’s not—$1 million is more realistic. ........

What's a mom worth ( economically speaking

A 2011 Salary.com survey determined the average stay-at home mom “earns” $115,000 a year.

Each week she works as:

A DAYCARE TEACHER
13.2 hours
HOUSEHOLD CEO
3.9 hours
A PSYCHOLOGIST
7.6 hours
A CHEF
14.1 hours
A HOUSEKEEPER
15.4 hours
DOING LAUNDRY
6.6 hours
A PC-OR-MAC OPERATOR
9.5 hours
A FACILITIES MANAGER
10.7 hours
A JANITOR
7.8 hours
A CHAUFFEUR
7.8 hours
TOTAL:
96.6 hours per week
Source: Salary.com

An average stay-at-home dad did work worth $60,127 in 2011. Another statistic shows a working dad’s at-home salary was $33,858 above his work salary.

OceanRock Enhances Bench Strength with Three New Sub-Advisers

http://oceanrock.spiserver.com/doc_bin/ORII_SA_Announcement_090413.pdf

The information contained herein is provided by OceanRock Investments Inc. for general informational purposes only and is not intended to provide, and should not be relied upon as providing, legal, accounting, tax, financial, investment or other advice, or a solicitation to buy or sell any securities. Economic and market conditions are subject to change. The information was obtained from sources believed to be reliable, but is not guaranteed to be accurate or complete. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Publication: April 2013

OceanRock Enhances Bench Strength with Three New Sub-Advisers

OceanRock focuses on managing risk, while making sure investors’ financial objectives are met. That means partnering with best-in-class money managers to deliver a consistent performance experience, with an eye to risk mitigation.

While OceanRock has always been forward thinking, our disciplined, risk-controlled investment philosophy remains steadfast, and it is a crucial part of our ongoing success. To continue supporting our approach, we are appointing three new teams to take over sub-adviser roles. Each brings a distinctive philosophy and proven expertise to the mix.

Meritas Canadian Bond Fund — Fiera Capital Corporation (Fiera) and Aegon Capital Management Inc. (Aegon) will take over the sub-adviser roles.

Meritas Money Market Fund — Aegon will also take on the role of sub-adviser.

OceanRock Canadian Equity Fund — Sionna Investment Managers Inc. (Sionna) has been appointed sub-
adviser.

“Flexibility and opportunities for yield enhancement remain paramount to investors during this continuing period of historic low-interest rates,” says Manmeet Bhatia, chief investment officer, OceanRock Investments Inc. “I believe our investors will be even better positioned — today and in the future — over a variety of different interest rate scenarios.”

These new relationships capitalize on each company’s core capabilities and will strengthen OceanRock’s team of money managers.

Fiera Capital Corporation

Fiera’s investment philosophy — the best way to make money is not to lose any money — might sound simple. But its proven approach to active fixed-income management is complex, relying on multiple strategies and a disciplined risk-monitoring framework. Fiera is consistently recognized for its excellence in portfolio management, and it will be managing the core mandate of the Meritas Canadian Bond Fund.

Aegon’s Capital Management Inc.

With a credit-intensive and duration-constrained management style, Aegon is well-positioned to take over the credit mandate of the Meritas Canadian Bond Fund and the role of sub-adviser of the Meritas Money Market Fund. The company has been investing assets on behalf of Canada’s top institutions since 1994, and it is part of a global conglomerate, managing more than US$300 billion in assets.

Sionna Investment Managers Inc.

The Sionna team, led by Kim Shannon, a highly respected money manager with three decades of industry expertise, has a solid reputation for investing on behalf of its individual and institutional clients. As the sub-adviser of the OceanRock Canadian Equity Fund, Sionna’s relative-value investment approach offers flexibility, low risk, and long-term value.

“Our team of experts performed a diligent search to find who we believe are the best managers to enhance yield and mitigate risk for our investors. With a credit mandate now added to the bond fund, this presents an attractive, diversified opportunity for investors struggling to find yield elsewhere, says Fred Pinto, CEO, OceanRock Investments Inc.

Timothy Ross
Member - Social Investment Organization (SIO)

As a Financial Advisor, and after careful consideration I decided to join this great national organization to further educate and entrench my practice in the core values of SRI investing.

I believe that SRI represents a useful investment tool to enhance returns and reduce risk. It is also a catalyst for positive social change. ~ Tim

The Social Investment Organization (SIO) is a national membership-based organization that includes financial institutions, investment firms, financial advisors, and various organizations and individuals interested in socially responsible investment.

The SIO’s purpose is to promote the practice of sustainable and socially responsible investment (SRI) in Canada. SRI is the integration of environmental, social and governance factors in the selection and management of investments.

http://www.socialinvestment.ca/about/

AGF Week In Review April 8 2013

approximately -3% last week in Canadian market

http://images.response.agf.com/Web/AGFInvestmentsInc/AGF_Week_in_Review_week_ending_13_04_05_EN_60763_7337.pdf

Quality Care For Our Loved Ones

One of Life's Major Goals, here is an example of a local ( Cornwall) retirement home. check out the website for examples of things you will want to consider for your loved ones, or yourself for that matter.

http://www.riverdaleterrace.ca/

After you have checked out that video, I think you have a greater appreciation of the possibilities that are available in retirement for your loved ones and yourself some day. The bottom line is you need a good income to be able to afford such a life syle and why shouldn't you, with a little planing this can be achieved. ~ Tim

Timothy Ross & Associates
Located at Your Local GTA Center
www.GTACenter.blog.ca

"Located in the heart of Tincap, this is a pretty busy location, at the Cross Roads of Hwy 29, near the Tincap Restaurant, Locals refer to themselves as living in the GTA, so we decided that the GTA Center would be a fitting name for our building." ~ Tim

The GTA Center is the location for our Professional Family Office.

Timothy Ross & Associates provides Income Tax services and a variety of Wealth Management and Planning Services, in association with Professional Investments and Financial Horizons.

Our Mission: Providing "OMEGA STEWARDSHIP"®
Our Vision: "Helping Families Achieve ... Life's Major Goals"®
Our Core Values: "Providing You With Confidence"
Timothy Ross ,Family Advisor ®, since 1988 , CEO
"Where Client Goals Become Our Goals" ®

Our Mission: Providing "OMEGA STEWARDSHIP"®

* One Stop Process Driven Approach for Retirement & Income Planning
* Personalized Tax Management Solutions for Individuals & Business Owners
* Confidential Wealth Management Solutions

Our Vision: "Helping Families Achieve ... Life's Major Goals"®

1. Tax Smart Planning & Investing
2. Worry Free Retirement
3. Education of Our Children & Grandchildren
4. Quality Care for Our Parents
5. Meaningful Financial Help for Our Loved Ones
6. Meaningful Legacy

Our Core Values: "Providing You With Confidence"

We focus on Socially Responsible Investing (SRI), by integrating investors' environmental, societal, and ethical values with our investment strategy. This helps us to make financial decisions based on our core values. This achieves not only financial returns, but also includes the selection and management of investments based on people's ethical, moral, social and/or environmental concerns. Each individual's vision of an improved or ideal world differs. There are three main components to SRI, namely screening, shareholder advocacy and community development. We are truly active, engaged and committed to SRI in our practice. We integrate our SRI focus by constructing unique personalized pension style portfolio asset allocation models which are based on your risk tolerance, and investment goals. This helps us achieve consistant expectations and goal achievements.

Together we can do more

One Step At A Time
Tim

Timothy L Ross & Associates / Professional Investments
Providing OMEGA STEWARDSHIP ®

4502 Airport Road
GTA Center - Tincap
Elizabethtown, Ontario K6T 1A2
613-345-0016 Office
613-345-5231 Fax
613-213-4625 Cell
advisor@timothyross.com
www.advisor.blog.ca
http://www.linkedin.com/in/omegastewardship
http://twitter.com/OmegaSteward
http://www.facebook.com/TimothyRossAssociates
www.timothyross.com
Skype Name: omegastewardship www.skype.com
Map: http://advisor.blog.ca/2012/11/28/map-location-15258325/
www.GTACenter.blog.ca

www.omegastewardship.blog.ca

4502 Airport Road, White Building, "Kitty Corner" to the Tincap Restaurant,
not to be confused with 4502 Debruge Road which is right across from the Restaurant

Thank you

Sincerely,

Timothy Ross ,
Family Advisor ®, since 1988
CEO, Timothy Ross & Associates
"Where Client Goals Become Our Goals" ®
"Helping Families Achieve ... Life's Major Goals" ®

OMEGA STEWARDSHIP ®
* One Stop Process Driven Approach for Retirement & Income Planning
* Personalized Tax Management Solutions for Individuals & Business Owners
* Confidential Wealth Management Solutions

Family Office
providing Insurance Products in Association with Financial Horizons Group

Family Office
providing Mutual Funds in Association with Professional Investments (Kingston) Inc."

Family Office
providing Tax and Consulting Services in Association with Timothy Ross & Associates
www.TimothyRoss.com

Retirement,Life,Goals,Quality Care For Loved Ones

http://images.response.agf.com/Web/AGFInvestmentsInc/AGF_Week_in_Review_week_ending_13_03_15_EN_60646_7133.pdf

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual Funds are not guaranteed, their values change frequently and past performance may not be repeated.

Digital Estate Planning

http://www.marketwatch.com/story/protecting-your-digital-estate-2012-11-13?goback=%2Egde_3396272_member_220323401

As more and more of our lives are put online, estate planners are grappling with how to advise clients to secure and transfer their virtual estates--the body of nontangible, digital assets people create and store on their computers and the Internet.

.....

Digital assets, of course, can range from things with obvious financial value (online bank and brokerage accounts, and Web-based businesses) to less obvious but still valuable properties like domain names, blogs, Twitter accounts and even social media pages.

....

For starters, Foss now asks her clients to take inventory of all their digital accounts and store an updated list of passwords on a flash drive, locked in a safe. Some pros are also looking to websites like Legacylocker.com and AssetLock.net, which enable users to release account information to designated beneficiaries after their death. Taking even a few modest actions now, says New York attorney Bernard Krooks, can keep your assets from getting lost in a cybercemetery. "In a worst-case scenario, the accounts get frozen and your heirs won't have access," Krooks says. "At the end of the day, they could potentially be gone."

Quality Care For Our Loved Ones

Here is a great tool that will soon be available, this will save lives and make it easier to detect those falls that can simply be so life threatening for our loved ones that are getting up there in age.

http://www.eweek.com/mobile/att-develops-emergency-response-platform-to-aid-elderly-who-fall-down/?kc=EWKNLEND03092013STR5

AT&T's mobile personal emergency response system will provide fall detection for seniors and allow them to connect with caregivers using machine-to-machine technology.

AT&T is developing a mobile personal emergency response system (MPERS) to help elderly people when they fall. The platform will use GPS functionality and machine-to-machine (M2M) technology to connect patients remotely to medical professionals at monitoring centers.

The company is collaborating with Valued Relationships, Inc. (VRI) and Numera on the service. VRI provides telehealth monitoring and medical alert systems to seniors, the chronically ill and patients with disabilities. Numera manufactures a Libris MPERS device that works with monitoring software to remotely manage two-way voice, automatically detect falls and track seniors' location.

"With the MPERS mobility solution AT&T is developing, older people will be able to live independently but know that they are only seconds away from assistance if the need arises," Dr. Geeta Nayyar, AT&T's chief medical information officer, said in a statement.

AT&T will offer the MPERS as a managed service as well as provide wireless connectivity and sales, marketing and customer support.

Announced on March 4, the MPERS use two-way wireless voice communication to allow patients and caregivers to connect using the MPERS. The platform is designed for elderly people with disabilities, those prone to falls and people that need emergency connectivity to caregivers while still living independently.

One out of three adults ages 65 and older fall each year, according to the Centers for Disease Control and Prevention, and 20 to 30 percent of falls result in moderate to severe injuries, including lacerations, hip fractures or head traumas.

The wireless company will market the service to nursing agencies, day care services and home health care providers.

AT&T demonstrated the MPERS platform in New Orleans at the HIMSS13 conference, organized by the Healthcare Information and Management Systems Society (HIMSS).

The MPERS device's GPS functionality will report on a patient's location every 3 to 5 minutes, said Eleanor Chye, assistant vice president for AT&T ForHealth, told eWEEK in an email.

"Should a person fall while wearing the sensor, built-in technology will detect it and automatically alert a monitoring call center," said Chye. "A professional from the call monitoring center will reach out to the individual through instant two-way wireless voice communication on AT&T's network."

Several wireless devices on the market can help seniors when they fall. They include iLoc Technologies' TriLoc Personal Locator Device and the Philips Lifeline GoSafe MPERS.

"When falls and acute medical events (such as heart attacks or strokes) occur, each second that passes matters," said Chye. "Individuals need to be able to immediately alert emergency services and their caregivers when these critical moments happen."

AT&T also worked with VRI to develop a remote-monitoring platform (RPM), which went to market in September 2012. The RPM allows nurses at VRI's telemonitoring facility to monitor patients' vital data, including blood pressure, weight and pulse.

"Having access to additional data through the end-to-end RPM solution, such as a patient's blood sugar levels, weight, and blood pressure, could give providers invaluable information about what triggered the fall," Chye said.

The two platforms could work together to "help provide a clearer picture of what's really going on with a patient when they are outside the four walls of a hospital," said Chye.

Brian T. Horowitz is a freelance technology and health writer as well as a copy editor. Brian has worked on the tech beat since 1996 and covered health care IT and rugged mobile computing for eWEEK since 2010. He has contributed to more than 20 publications, including Computer Shopper, Fast Company, FOXNews.com, More, NYSE Magazine, Parents, ScientificAmerican.com, USA Weekend and Womansday.com, as well as other consumer and trade publications. Brian holds a B.A. from Hofstra University in New York. Follow him on Twitter: @bthorowitz

Avoid Credit Card Fraud

Here is a good article on some basic's that you should be aware of. ~ Tim

http://www.investmentexecutive.com/-/helping-your-clients-avoid-fraud?utm_source=newsletter&utm_medium=nl&utm_content=investmentexecutive&utm_campaign=INT-EN-All-afternoon

Helping your clients avoid fraud
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Just a few pieces of advice can help prevent serious problems
By Brent Jolly | March 05, 2013 12:20

As a financial advisor, you could be the first line of defence regarding credit card fraud, says Greg Pollock, president and CEO of Advocis.

"Financial advisors are in a good position to talk about the issue of credit card fraud with their clients," Pollock says. "It is part of that ongoing personal and financial conversation that helps build a trusting relationship."

The following simple steps can help you keep your clients' finances secure:

> Promote good habits
At the end of your next client meeting, take a couple of extra minutes to make sure your clients are taking the proper preventative steps to minimize the risk of fraud.

Advise them to double-check their monthly credit card statements for illegitimate charges and to shred all documents bearing credit card information before disposing of them.

> Provide travel advice
If your clients are travelling outside the country, Pollock says, advise them of the steps they can take to ensure their credit is protected.

Your clients should notify their credit-card provider that they will be travelling in foreign lands, so credit card transactions should not be red-flagged. This step can help clients avoid having their credit suspended.

Advise clients that they may not need to take all their credit cards with them when they travel. "Tell them to just take the cards they need." Pollock says. That can minimize risk in case a client should lose his or her wallet.

> Promote online safety
Ann Cavoukian, Ontario's privacy commissioner, recommends you tell your clients to use a specific credit card devoted exclusively to online purchases.

In the event that that card is compromised, the source of the problem will be easier to find. This step will also enable your client to use his or her other card while the problem is being resolved.

Experts also recommend using a card with a relatively low credit limit for online purchases, which limits the extent of potential fraud.

> Make sure they're forewarned
Ensure your clients are skeptical about offers of banking products on the telephone and online.

The Royal Canadian Mounted Police have noted that criminals are targeting three groups in particular with regard to credit fraud: students, new Canadians and people who have experienced previous credit problems.

In one scenario, the victim is enticed by promises of a credit card offering a low interest rate — for a fee. Once the victim decides to pay, the card never arrives, and the money is lost.

Also, arm your clients against "phishing" scams by emphasizing that they should never provide their banking information in response to emails that appear to come from a bank.

Making sure your clients are protected, Pollock says, is well worth the extra few minutes of your time.

Week In Review Mar 1st 2013

http://images.response.agf.com/Web/AGFInvestmentsInc/AGF_Week_in_Review_week_ending_13_03_01_EN_60545_5940.pdf