Business Details
35 Years
experience
Your Trusted Partner for Financial Planning & Insurance Solutions
Since 1991, Bear Street Financial Group has been dedicated to providing personalized financial advisory and insurance services tailored to meet the unique needs of individuals, families, and businesses. Our team of certified professionals combines deep industry expertise with a client-centric approach to develop comprehensive strategies encompassing wealth management, retirement planning, tax optimization, and estate planning. We specialize in life insurance solutions, offering term and whole life policies to ensure financial security for clients and their families. Our group benefits services are designed to help businesses create cost-effective employee benefit plans, including health, dental, and disability coverage. For travelers, we provide customizable insurance options to protect against trip cancellations, medical emergencies, and lost luggage.With a focus on education and long-term partnerships, we empower clients to make informed decisions through complimentary introductory consultations. Our locally owned practice in Banff prioritizes transparency, exceptional service, and community engagement, ensuring clients feel confident in their financial futures. We continuously seek feedback to refine our services, maintaining direct communication channels to address concerns promptly. Our commitment to excellence is reflected in our tailored solutions and dedication to helping clients achieve both immediate and generational financial goals.
Services
Wealth Management
Life Insurance
Group Benefits
Travel Insurance
Financial Planning
Business Insurance
Estate Planning
Tax Optimization
Retirement Planning
Succession Planning
Details
- Year established: 1991
Highlights and features
- We have over 30 years of combined experience in financial advisory services since 1991.
- Our team includes Certified Financial Planners with specialized expertise in wealth transfer strategies.
- We offer locally tailored solutions for Bow Valley residents and businesses.
- Complimentary introductory consultations help clients assess their financial readiness.
- We provide comprehensive coverage including life insurance, group benefits, and travel insurance.
What people say
Personalized service
Knowledgeable team
Comprehensive solutions
Local expertise
Proactive planning
Services
Wealth Management
We develop customized wealth management strategies encompassing investment management, retirement planning, tax optimization, and estate planning. Our approach focuses on aligning financial goals with personalized solutions to protect and grow assets across generations. Clients benefit from ongoing portfolio reviews and coordinated tax-efficient strategies.
Life Insurance
We offer term life, whole life, and specialized insurance policies tailored to individual needs. Our advisors guide clients through selecting appropriate coverage to ensure financial security for families and businesses. Services include policy analysis, premium optimization, and integration with estate planning to minimize tax implications.
Group Benefits
Customizable group benefit solutions include health, dental, disability, and critical illness coverage for businesses. We help employers design cost-effective plans that enhance employee retention while ensuring compliance with regulatory requirements. Services extend to policy renewals, claims support, and plan administration.
Financial Planning
Our financial planning services cover retirement readiness, tax-efficient investing, and risk management. Certified professionals create written strategies addressing cash flow, debt elimination, and long-term goals. We emphasize education to empower clients in making informed financial decisions aligned with their lifestyle objectives.
Business Insurance
Tailored insurance solutions protect businesses against operational risks, including buy-sell agreements, business overhead coverage, and key person insurance. We assist in developing succession plans and health spending accounts to ensure business continuity and employee protection while optimizing tax-deductible benefits.
People
Michael Kaine
Certified Financial Planner/Managing Director
A founding partner with over 20 years of wealth management experience since 2001, Michael specializes in creating personalized financial strategies for high-net-worth clients in Banff and the Bow Valley region.
Carsten Sorensen
Life Insurance/Managing Director
With expertise dating back to 1992, Carsten focuses on life insurance solutions and wealth protection strategies, helping Bow Valley families and businesses safeguard their financial futures through customized coverage.
Arlene Rheaume
Client Services Associate
Arlene manages client communications and financial operations with two decades of experience in wealth management, ensuring seamless service delivery and administrative support for Bear Street Financial Group's insurance and investment services.
Kella Wilson
Group Benefits Administrator
Kella specializes in group insurance administration, handling policy renewals, plan setups, and client support to help Alberta businesses implement effective employee benefit programs tailored to their organizational needs.
Questions
What financial services do you offer for individuals?
We provide wealth management, life insurance, retirement planning, tax optimization, and estate planning tailored to individual goals.
How do you customize financial plans for clients?
We conduct detailed assessments of your financial situation, goals, and risk tolerance to create personalized strategies aligned with your priorities.
What group benefit solutions are available for businesses?
We offer health, dental, disability, and critical illness coverage plans designed to meet employer and employee needs while optimizing tax benefits.
How can I provide feedback about your services?
Contact us directly via email or phone to share compliments, concerns, or suggestions for improving our financial advisory services.
Do you offer business succession planning?
Yes, we help business owners develop exit strategies addressing valuation, tax implications, and transition plans for long-term sustainability.
