Tim Ramsay, Dealing Representative, with Rethink and Diversify Securities Inc. presents The Book Xchange.
We have an excellent investment opportunity available for accredited investors.
Invest in The Book Xchange (TBX)
If you are an accredited investor, seeking a suitable solution, TBX offers an RRSP eligible debt product that will earn a competitive return through financing the acquisitions of advisory practices in Canada.
The Book Xchange qualifies for non-registered investments and all registered investments (RRSP, RRIF, LIRA, LIF, and TFSA)
This means the investor can choose to earn between 4 to 10% tax sheltered.
Benefits
- We provide flexibility through investment terms ranging from 3 months to 5 years
- We pay a quarterly income at competitive rates
- Your investment is secured by a general security agreement and your risk is lowered by the diversified nature of advisors’ books
Annual Yield
*Annual Yield Rates set by The Book Xchange. Please refer to video above for Risk Yield Mitigation measures.
Sell A Book
If you are considering selling your business practice, TBX is completely free of charge for you to list and sell. We will also help you explore tax-friendly transaction structures that could potentially reduce tax consequences of your sale. We understand that selling your business is not just about a fair price, but it is also about finding the right buyer who cares and will continue to serve your clients like you do. Therefore, we will take the time to learn your requirements and help you find that right buyer.
Benefits
- We bring you a pool of buyers, and you choose who will serve your clients best and provide the best deal for your book
- We help you get an accurate assessment of your book’s value. This will aid in your decision making
- When you are ready to sell we will save you time and facilitate a more tax-wise solution
"Tim Ramsay is one of the finest men I know. He is trustworthy, capable and competent. I have never questioned if Tim is working in my best interest or his. He realizes that the one leads to the other.
My family would never have been in our present financial position without Tim’s hard work, patience, and prudent advice."
- Stephen G
Buy A Book
If you are a qualified buyer struggling to find books for sale or the capital to make a purchase, TBX can help you find the books for sale based on your criteria and have financing options available so you can grow your business today. Third party valuation and advisory services are also available through our professional advisory partners.
Benefits
- We can bring you existing books and help you choose the practice that best fits your business
- We can bring you the financing you need to acquire the book
- Acquiring a book through The Book Xchange will pay for itself and give you an increase in net income
What is The Book Xchange (TBX)?
The Book Xchange (TBX) is a Canadian company that specializes in providing advisory, brokerage, and financing services to Independent Financial Advisors (IFA) across Canada who wish to sell their business practices or buy a business practice to kick-start or expand their existing practice.
Call Us
As thousands of IFAs approach retirement and a new generation of advisors look to expand their growing practices, TBX makes a full suite of tools available, from independent business valuations to specialized financing options, typically required to successfully transition an advisor’s business for the future.
Are You An Accredited Investor Looking For Investment Income?
An individual is an accredited investor if:
- he/she has net financial assets in excess of $1,000,000; or
- his/her net income before taxes exceeds $200,000 per year in each of the most two recent calendar years or $300,000 combined with a spouse in each of the two most recent calendar years; or
- he/she has net fixed assets in excess of $5,000,000 dollars.
"I have worked with Tim Ramsay for 25 years now. I can sincerely say that he is one of the most honest and caring people I know. He works diligently for his clients and the results that he has achieved for me are more than satisfactory.
Tim puts the needs of his clients ahead of his own. His work is done in a professional manner with the utmost integrity. He takes time with his clients to educate them in areas of investing with which they may not be familiar. He is very knowledgeable and has expertise in many areas including insurance and investing. However if a client has a problem which requires some research, he thoroughly investigates the possible solutions through a variety of resources to which he has access. I can highly recommend Tim as a financial advisor." - Linda J
Not an accredited investor? Not a problem. We can help.
Through our affiliates we can help you access investment opportunities in the traditional and exempt product markets
Membership Benefits Of Listing A Book With Us
The Book Xchange (TBX) offers every Canadian independent financial advisor a RISK-FREE, NO-OBLIGATION and for a limited time, NO-COST listing platform to buy, sell, merge and/or finance their financial advisory practices.
Regardless of your situation, whether buying, selling or otherwise, please take a few moments to complete your TBX membership form.
Confidentially is an important part of any major business transaction. That said, some level of information is required to begin discussions and below is an example of the information only made available to other members of TBX.
TIMOTHY RAMSAY CFP, CLU, CHFC, TEP, CPCA
Tim Ramsay initially trained and practiced as an environmental consultant. Since 1983 he has helped to guide his clients in their insurance and investment needs. This advice has spanned many market cycles. Along with the experience he has gained through these times, Tim has also bolstered his skills by achieving his mutual fund license in 1985 followed by;
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Get Started With The Book Xchange
