John Budd

JOHN S. BUDD, F.C.A., is a financial and investment advisor in Toronto. He is one of the owners of Cumberland Partners Limited, a firm which provides investment management services to affluent families through its wholly-owned subsidiaries, Cumberland Private Wealth Management Inc. and Cumberland Associates Investment Counsel Inc. John holds a Bachelor of Commerce (Honours) degree from the University of Toronto, and he is a Chartered Accountant. In 1991, John was honoured by the Ontario...See more

JOHN S. BUDD, F.C.A., is a financial and investment advisor in Toronto. He is one of the owners of Cumberland Partners Limited, a firm which provides investment management services to affluent families through its wholly-owned subsidiaries, Cumberland Private Wealth Management Inc. and Cumberland Associates Investment Counsel Inc. John holds a Bachelor of Commerce (Honours) degree from the University of Toronto, and he is a Chartered Accountant. In 1991, John was honoured by the Ontario Institute of Chartered Accountants by being named a Fellow of the Institute, in recognition of his contribution over many years to the C.A. profession. For more than 25 years up to 1997, he specialized in tax and estate planning, including 18 years as a tax partner with Deloitte & Touche in Toronto. His clients included some of Canada's most affluent individuals and families. In addition, he served as national leader of Deloitte's estate planning service line. While at Deloitte's, he authored Second Property Strategies, a bestselling book on capital gains tax planning for vacation properties and second residences. For many years, he was also the editor and co-author of Deloitte's Canadian Guide to Personal Financial Management, and a contributor to How to Reduce the Tax You Pay. In addition, John developed and instructed a number of specialized tax courses for the Canadian Institute of Chartered Accountants, including CICA Personal Tax and Estate Planning, Using Trusts in Tax Planning, and CICA Advanced Tax Issues. John has been a member of the Toronto Estate Planning Council since 1979, and served as the Council's President in 2002/2003. He is also a member of the Canadian Tax Foundation and of the international Society of Trust and Estate Practitioners (STEP). John has been a guest speaker and/or chair of many tax conferences and seminars for the Canadian Tax Foundation, The Strategy Institute, Insight Conferences, and other organizations. He has also written numerous articles and has been frequently quoted by the media in the Globe and Mail, National Post, and Financial Post Magazine, and appeared several times on CBC Business World. In 1997, John left public accounting to go into the investment management business. In 2000, he joined Cumberland Private Wealth Management Inc. as a partner and client portfolio manager. John is a shareholder of Cumberland's parent company, Cumberland Partners Limited, and he serves on the firm's Board of Directors. His responsibilities include business development, as well as the day-to-day management of the investment portfolios of a number of affluent clients who are located in Canada, the United States, Bermuda and Europe. John lives with his wife and family in Toronto. For more information, visit: www.cumberlandprivate.com. See less