Wayne has been using Navigator for about three years
at the firm and finds it to be a big time saver. "I like
it because it is easy to use and it’s flexible. Other accounting
packages tend to be too structured. With Navigator
I can customize the program to meet my needs and the needs of
my clients."
One of the firm’s founding partners is Tom Connelly, one
of Worth magazine's "Best Financial Advisors." Another founding
partner is Robert Keats, a Canadian Registered Financial Planner
and a Certified Financial Planner in the U.S. and Canada. Robert
Keats is also the author of the "Border Guide," which
offers advice and warnings to Canadians who are contemplating
a permanent move to the United States.
Because of Keats' stellar
reputation, Canadians have sought out the firm, and many of Wayne’s
clients are Canadians or soon-to-be ex-Canadians. Wayne helps
them to maximize their tax savings and is quite knowledgeable
of both U.S. and Canadian tax codes. "We help our Canadian
clients plan their exit from Canada utilizing the most beneficial
tax strategies. There are some functions that would be impossible
to perform for our clients without Navigator," he
says. "Financial
Navigator allows us to print out financial statements for different
entities or numerous entities defined under a Family Office.
We can provide historical cost-basis financials alone, statements
at fair-market value, or side-by-side fair market and cost-basis
on the same statement. If we used another program, adjustments
to fair market would have to be done manually or separately stated
as attachments. I can provide information for one client on hundreds
of different investments in a few minutes. Using another program,
it would take considerably longer."
Keats, Connelly and Associates researched a number of accounting
programs before choosing Navigator. The partners talked
to users at other family offices and compared the features of
Navigator with other programs. "There were less
expensive programs but they did not offer the same features as
Navigator," notes Wayne. "For anyone doing
portfolio management, I would definitely recommend Financial
Navigator."
