Paragon Financial: One of the first GIC Brokers in Canada
Paragon Financial was incorporated in 1989 as a Deposit Broker to give investors the best GIC rates in Canada. During this time, investors typically went to their local bank to purchase their GICs because the belief was that rates were consistent across the various banks and credit unions, and therefore convenience was the most important factor when purchasing a GIC.
Unfortunately this is not true. GIC rates are very different depending on which institution you use, or which region in Canada that institution is in. Some GIC companies offer rates that are more than double what other companies are quoting. Paragon surveys over 40 banks, credit unions, trust companies and insurance companies across Canada every day to ultimately find the best GIC rates. We offer these rates to our customers for free, along with our excellent service, in order to create an enjoyable investment experience for our customers.
GIC investors also used to be responsible for keeping track of their various GICs, by following up with their bank to discuss renewal instructions. Now investors are too busy to keep track of their investments, and deposit brokers are becoming more and more valuable by offering proactive service to their customers. No more missed interest by forgetting about a maturity date on one of your GICs. Paragon avoids this mistake by calling you BEFORE your GIC matures to discuss renewal instructions, and we offer recommendations for the best term and strategy for your money.
For more information on how we can provide you our best rates and excellent service, please feel free to connect with us on our contact page, or give us a call at 604-685-3264. We look forward to hearing from you!
Our goal is to empower our clients through education and good advice, so we can work together to achieve your financial goals.
Unfortunately there is no course in high school that teaches us how to invest wisely and safely. We are left alone to be responsible for our own financial future. This can be very difficult as we are surrounded by bad advice, scams, Ponzi schemes and conflicting information.
Paragon is different than other financial institutions because we ultimately want our customers to understand how they can achieve financial independence so they can retire comfortably. Unfortunately education conflicts with sales targets and profits, so it is impossible to provide proper education for publicly traded financial firms like the big banks. Education takes time and can only come through a strong, long-lasting relationship with a financial advisor you trust.
That is why we maintain Paragon Financial as a private, independent company, so we can truly focus on our customers’ needs. As we empower our clients through education we build trust, and with trust comes happy clients and referrals. This is why we exist … to give you a comfortable environment so you can learn how to become financially independent in your retirement.
If you are interested in learning more, please feel free to contact us anytime. We would be happy to set up an appointment or discuss in further detail over the phone.