Financial Advisor for Plumbing Companies
Plumbing is one of the trades we serve most. Thompson & Pollock Wealth Inc. is an independent practice that's spent years working with incorporated plumbing companies across Durham Region, Northumberland, the GTA and beyond — and the financial picture is genuinely different from a typical professional or salaried client.
You've got service vehicles, parts inventory, apprentices on the books, WSIB, ULC-listed tools, fluctuating receivables from builders, retainage on large commercial jobs, and a corporation that's accumulating retained earnings faster than your accountant has time to plan for. We integrate all of that into one coordinated plan.
What plumbing-company owners get when they join
- Corporate tax strategy — pulling income out of your corp tax-efficiently (salary vs. dividends, IPP, capital dividend account)
- Holding company & buy/sell agreement structure — protect the operating company from creditor risk and partner disputes
- Key-person and disability insurance — what happens to the company if you, your master plumber or your dispatcher is out for six months
- Group benefits for your crew — competitive plans that help you retain journeymen and apprentices
- Group retirement / DPSP plans — a real retention tool in a market where every plumber is being recruited
- Personal financial planning for the owner-operator — RRSP/TFSA strategy, kids' RESPs, will and Powers of Attorney drafted as part of the plan
- Succession and exit planning — selling to a family member, key employee, or a third party using the Lifetime Capital Gains Exemption
Why plumbing-company owners choose Thompson & Pollock
Most owners we sit down with have been told for years to "just leave the money in the corp." That's not a plan — it's a stalled tax problem. We model what your corp, your personal accounts and your family will actually look like in ten and twenty years if we change nothing, and then we show you the levers that move the dial.
Johnathan Pollock has started, scaled and successfully sold multiple businesses of his own. He understands cash-flow swings, payroll, equipment financing, and the moment in a tradesperson's career when the question changes from "how do I bid this job?" to "how do I eventually get out?"
Because we're independent, we shop the entire Canadian market for your insurance, group benefits and investments — you get the recommendation that genuinely fits the business, not the one paying the highest commission.
Areas we serve
Serving plumbing companies 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 the trades
A 30-minute intro call, no obligation. We'll listen first and tell you straight whether we can move the needle for your shop.