Financial Advisor for Electrical Companies
Electrical contracting is one of the trades we know best. Thompson & Pollock Wealth Inc. is an independent firm that's worked with incorporated electrical companies across Durham Region, Northumberland and the GTA for years — and the planning is meaningfully different from a typical owner-operator.
You've got ESA licensing, master electrician requirements, apprentice rotations, expensive vans and inventory, holdbacks on large commercial work, WSIB, and a corporation accumulating retained earnings that your accountant rarely has the bandwidth to plan around. We integrate all of it.
What electrical-company owners get when they join
- Corporate tax strategy — pulling income out of the corp tax-efficiently (salary vs. dividends, IPP, capital dividend account)
- Holding company & buy/sell structure — protect the operating company, document partner exits, plan around the master electrician
- Key-person and disability insurance — what the company needs if you, your master, or your foreman is sidelined
- Group benefits — competitive plans that help retain journeymen and apprentices
- Group retirement / DPSP plans — a real retention tool in a market where every electrician is being recruited
- Personal financial planning for the owner — RRSP/TFSA strategy, RESPs, wills and Powers of Attorney drafted as part of the plan
- Succession and exit planning — sale to a family member, manager or third-party using the Lifetime Capital Gains Exemption
Why electrical contractors choose Thompson & Pollock
Most electrical owners we meet have spent fifteen years building a great service book and almost no time planning around what the corporation is actually doing. We sit down, model the next ten years, and show you which levers move the dial — corporate structure, retained-earnings investment policy, insurance layering, and an exit strategy that doesn't get invented six months before you want out.
Johnathan Pollock has founded, scaled and exited multiple businesses of his own. He's lived the cash-flow swings, the holdback fights, the lead-tech-quitting moment, and the eventual decision of whether to sell to your apprentice on a VTB or take a third-party offer.
Because we're independent we shop the full Canadian market for your insurance, group benefits and investments — the recommendation you get is the one that actually fits the company.
Areas we serve
Serving electrical contractors across Oshawa, Whitby, Bowmanville, Clarington, Durham Region, Northumberland County, Prince Edward County, the GTA and New Brunswick — in person and via video.
Service areas
Talk to a planner who actually understands electrical contracting
A 30-minute intro call, no obligation. We'll listen first and tell you straight whether we can add value to your shop.