| Aug/08 | Daystar Financial appoints sales & marketing head. More... |
| Dec/07 | Daystar Financial Inc. is proud to announce the opening of a new office in Nanaimo, BC. More... |
| Sept/07 | Daystar
opens office in Edmonton area. More... Related news article published in Investment Executive, Canada's Newspaper for Financial Advisors Go to article |
| June/07 | Daystar
London office opens. More... |
| Feb/07 | Virtgate
has been upgraded to version 7.0 and with it you will find many
new features. More... |
| Aug/06 | The
Greenstone Merger More... |
| Jan/06 | Daystar
helps organizations derive maximum value from their Benefit Plans
More... |
| Dec/05 | Daystar
opens new location in Calgary, Alberta More... Related news article published in Investment Executive, Canada's Newspaper for Financial Advisors Go to article |
| Nov/05 | Special
offer - add Sun Critical Illness Insurance to Life! More... |
| Oct/05 | Daystar is bringing you into the world of consolidated statements. More... |
December, 2007
New Daystar office opening in Nanaimo, BC
Daystar Financial Inc. is proud to announce the opening of its seventh office in Canada. The new office, which opened its doors December 1st, is located in Nanaimo, BC.
Judy Mitchell will manage the new office. Mitchell has over 20 years experience in financial planning.
“I know a lot of advisors on Vancouver Island,” said Mitchell. “I have worked my whole career on the island and look forward to building the Daystar value proposition here.”
Daystar recently opened its sixth office September 4th in St. Albert, Alberta, as well as a new office in London, Ontario this past June.
“As Daystar grows, Nanaimo has emerged as a logical choice to help BC brokers get the most value from our company,” explains Keith Brown of Daystar Vancouver. “We have advisors throughout the island, from Campbell River down to Victoria. Nanaimo is a great central location for our clients throughout Vancouver Island.”
We look forward to continued growth in BC.
September, 2007
New Daystar office opening in Edmonton Area
Daystar Financial Group Inc. recently opened a new office in St. Albert, Alberta. This will be Daystar Financial’s sixth office in Canada and second in Alberta.
The new office will service the Edmonton area, handling Daystar Financial business north of Red Deer.
Dave Faulkner, of St. Albert’s Charter Wealth Management, has been appointed business development manager and will run the new office. Faulkner developed FP Solutions, the industry leader in computer financial planning software tools.
“I hope to bring access to financial planning tools and the latest technology to our clients,” said Faulkner. “I am going to be able to bring my experience, tools and utilities and leverage them into Daystar.”
The new office opened September 4
Related news article published in Investment Executive, Canada's Newspaper for Financial Advisors Go to article
June, 2007
Our growth continues. Rene Pereux, Keith Brown and Casey Brandreth
are pleased to announce that as of June 1st, the second Ontario Daystar
Financial Services office has opened. The office is located in London,
Ontario and will be managed by Casey Brandreth. The opening of an
office in London will allow Daystar to better service the Independent
Advisor community in Southwest Ontario.
The London office is located at:
Suite 200 - 120 Wellington Street
London, ON N6B 2K6
Phone: (519) 434-4449
Fax: (519) 434-4425
Casey's e-mail address is: casey@daystar-financial.com.
The Mississauga office, servicing the Greater Toronto Area, will now
be managed by John Siembida, Vice-President and General Manager along
with Ryan Henkel, Director of Operations. Both John and Ryan are available
to assist you along with the Daystar Financial Services staff.
Enjoy all the benefits of an MGA that was built specifically for brokers
who want to remain independent and in control of their own future.
Daystar continues to be one of the fastest growing MGAs in Canada
and is proud to be your full service MGA.
February, 2007
Virtgate has been upgraded to version 7.0 and with it you
will find many new features:
- New login screen - you will have to reset your password when you first sign on to Virtgate version 7.0
- The most visible change is the new streamlined and compact modern Browser Interface for most view mode screens - there is more data on each screen so there is less scrolling.
- Account and Policy searches group results under client with highlights in search results varying by product type.
- New "At A Glance" to help better understand your business demographics. CoVirt would welcome any ideas you have on improvements here.
- Daily GIC rates from Cannex are available on the left bar at no cost.
https://daystar.virtgate.com/default.asp
As always, if you need a refresher course for using virtgate - be sure to call your Daystar Business Manager or Laureen Henkel (204) 253-5099 or 1-866-329-0011 ext. 517.
August, 2006
The Greenstone Merger
Effective May 1, 2006 Daystar Financial Services Inc. acquired Greenstone
Financial Solutions, operating from Mississauga, Ontario.
We now have offices in Winnipeg, Calgary, Lethbridge and Vancouver,
along with the current Greenstone location in Mississauga.
Greenstone Financial Solutions, under the leadership of Boris Vaduva,
President, has developed a solid MGA in the Toronto area over the past
seven years. Mr. Vaduva is excited about the additional resources that
Daystar will offer advisors associated with Greenstone. Daystar has
MGA contracts with all of the leading life insurance companies in Canada.
The company also provides tremendous expertise in the Business Insurance
Market through its Tax and Estate Planning specialists.
Casey Brandreth CFP CLU CHFC, is the Ontario based principal of Daystar
Financial Services and believes that this merger will put Daystar on
the map in Ontario. “We have been growing very quickly across Canada.
This acquisition gives us a strong presence in the Ontario Market.”
Mr. Brandreth goes on to say that advisors are excited about having
access to Daystar’s value proposition. “Our top advisors have told us
that they want to be affiliated with an MGA that can offer support in
the areas of importance to them, for example, specialization, compliance/regulation
and staff support.”
As a result of this acquisition, the office in Markham, Ontario closed
June 15, 2006 and all operations will be handled in the Mississauga
office.
The address for this office is:
5045 Orbitor Drive
Building 11, Unit 200
Mississauga, Ontario, L4W 4Y4
Phone: (905) 238-6240 or toll free 866 641-8901
Fax: (905) 238-6239
For more information please contact:
Casey Brandreth, Principal
Daystar Financial Services Inc.
Top
January, 2006
Helping Organizations Derive Maximum Value from their Benefit Plans
Daystar Financial has an exclusive affiliation with a group benefits
consulting firm; STRATA Benefits Consulting Inc.
STRATA’s expertise in the Group Benefits industry is available to
Daystar Advisors to help offer the best group benefits solutions for
your clients of all sizes.
For more information on STRATA’s strengths, services and contact information,
please click on the following link: http://www.stratabenefits.ca/daystaradvisor.htm.
December, 2005
Daystar opens new location in Calgary, Alberta.
Keith Brown and Rene Pereux are pleased to announce that they have
entered into a partnership with Calgary Brokerage Inc. and have formed
a new Company called Daystar Alberta Financial Inc.
Calgary Brokerage Inc. is led by Rani Lally and Russ Young. They and
their team have been serving individual advisors in the southern Alberta
market since 1982. The combined contribution of resources from Daystar
Financial Group Inc. and Calgary Brokerage Inc. toward Daystar Alberta
Financial Inc. will provide a strong value package to independent
advisors throughout Alberta.
With the addition of Daystar Alberta Financial Inc. office, we’ll
have a total of six offices (Toronto, London, Winnipeg, Vancouver,
Calgary and Lethbridge) in the Daystar Group of Companies.
The Calgary office is located at:
1403 - 2nd St. S.W., Calgary Alberta,
T2R 0W7.
Phone (403) 237-6464
Fax (403) 264-3348
November,
2005
Special offer - add Sun Critical Illness Insurance to Life!
Sun Life Financial, in collaboration with Daystar Financial Group
Inc., would like to help you grow your business. When a client is
approved for life coverage at standard or preferred rates, Sun Life
Financial will also underwrite for Critical Illness Insurance (CII).
No additional underwriting evidence will be ordered, and no application
for CII is required. If the applicant qualifies, an offer for CII
coverage will be made to you. Read on to find out more about this
exciting opportunity.
Why offer Sun Critical Illness Insurance?
The good news is that more people than ever before are surviving serious
illnesses. But at what cost? The financial impact can be devastating
- both in terms of the stress that can impede recovery and the long
term damage to a family's finances. With critical illness insurance,
the focus can be on recovery. Surviving a critical illness is just
the beginning. There's a lot of life ahead to experience.
Details regarding the Sun Critical Illness
Insurance offer:
- The Sun CII offer will be made at the same time that you are informed of the underwriting decision on the life coverage of your clients.
- The Sun CII offer will be made via secure email messaging to us to inform you of this special offer.
- The Sun CII offer will indicate that if the client would like a Sun CII policy to be issued, please advise us via secure email messaging of the plan type, face amount, and beneficiary within 10 business days. The offer will not be extended beyond the 10 business days.
- Because the client will have only applied for life coverage on the application, please note that there will be no temporary insurance in effect for the Sun CII coverage that is being offered.
- The Sun CII offer will only be made to clients who have been approved for life coverage at standard or preferred rates, and who have been assessed at standard rates for Sun CII (without the use of exclusions).
- The Sun CII offer will only be made if we have sufficient evidence/information on hand to make an underwriting decision.
- The client must be between the ages of 20 and 50.
- The client must be a Canadian citizen or a landed immigrant.
- The proposed insured must be the owner of the life policy (and the Sun CII policy).
- Where SunUniversalLife (UL) coverage has been issued to occasional cigar smokers at non-smoker rates, we will not offer Sun CII coverage (as the Sun CII offer would have to be made at smoker rates).
- The amount of life coverage applied for must be at least $100,000.
- The amount of Sun CII coverage offered must be within the plan minimum of $100,000 and to a maximum of $250,000 (representing the total line of CII coverage with all companies). The Sun CII face amount offered will be in multiples of $25,000 (e.g., $150,000 instead of $155,000).
- There must be financial justification for the amount of Sun CII coverage being offered.
- If the declarations would have warranted an Attending Physician Statement (APS) for Sun CII but we did not order one as part of the life coverage underwriting, Sun CII coverage will not be offered.
- As of the date that the offer of coverage is made, the application and underwriting evidence must be no more than 80 days old.
For more information or assistance in selling Sun CII, please enrol online for the Sun Life Financial Sales Gateway at http://www.sunlife.ca/advisor/salesgateway.html, email sales.gateway@sunlife.ca or contact your Daystar Business Development Manager.
Top
October, 2005
Daystar is bringing you into the world of consolidated statements
Daystar is excited to announce that our Segregated fund platform is
in the final stages of downloading from the insurance companies The
technology we are using to bring you consolidated seg fund reporting
is called WinFund. If you have not already received a sign in and password
please contact Miranda and she will set you up right away.
Now that we are getting direct downloads from the insurance companies
some of them are taking the information off of their site once it becomes
available on our site. ManuLife is the one that will affect most of
you. As Manu downloads the data to WinFund they are taking it off of
Smart. If you happen to go to Smart and your client files are missing
or showing as zero it is because they have been moved, or are in the
process of moving the account information to WinFund. If you find that
this is not the case please call Miranda (253-5099 ext. 508) and she
will be able to get the information that you require regarding your
clients' accounts.
We are working with all of the insurance companies to ensure a fast,
smooth and efficient transfer of data. Manu has informed us that their
transfers will take longer than most as a result of the Maritime Life
business being on a different system and having to be moved over manually
one account at a time. They are in the final stages of completing this
transfer, and we are optimistic that everything should be up and running
with these accounts shortly.
Here is an update of where we are at with the downloads and new business:
| CI/Sunwise IAP Standard Manu Canada Life Maritime Empire National Desjardins Transamerica |
100% inforce moved, new
transactions 100% on Winfund 100% inforce moved, new transactions 100% on Winfund 0% inforce moved, new transactions 100% on Winfund 50% inforce moved, new transactions 100% on Winfund 0% inforce moved, new transactions 100% on Winfund 0% inforce moved, new transactions 100% on Winfund 0% inforce moved, new transactions 100% on Winfund 0% inforce moved, new transactions 100% on Winfund Still working to get set up. 0% inforce moved, 100% new transactions on Winfund |
Equitable is working on this as well and expects to be set up by Jan
'06, at that time we will be able to place your Equitable segregated
fund business on Winfund as well.
The downloads include current accounts as well as original amount
invested and inception date. All future transactions will be recorded
and downloaded daily. You will be able to see client history, as well
as current holdings.
If you have any questions at all, please don't hesitate to call us
at (204) 253-5099.
