Helping others prosper financially

Helping others prosper financially

Dale Collins plans for your future

  • Feb. 10, 2020 8:30 a.m.

– Story by Darcy Nybo Photography by Don Denton

Dale Collins decided to become a financial planner the moment she heard Jim Ainsley describe what he did for clients.

“We were working at a credit union together at the time,” Dale said from her West Shore office. “I began taking courses at night and eventually moved over to the financial planning side of the business. After completing my Certified Financial Planning designation in 2005, I decided to start my own practice to ensure I had access to the best products for my clients.”

Dale bought and built her West Shore office space in the summer of 2014. She built the space adjacent to it the following year, securing the opportunity for the continued growth of her practice.

Dale was born in New Brunswick, lived in Calgary, and moved to the Island in 1991. She raised both her daughters on the West Shore. “I love working and living on the West Shore,” she said. “Hiking trails, parks and beaches are abundant. I spend a ton of time at Thetis Lake and Langford Lake walking with friends. East Sooke Regional Park, the Esquimalt Lagoon and the trails around Royal Roads are also some of my favourites.”

Another thing Dale loves about the West Shore are the people. “Despite its growth, the West Shore still has a friendly small town feel about it. Local businesses really support each other.”

As an advocate for Youth Mental Health, in recent years Dale has been working closely with the Children’s Health Foundation, specifically focusing on the Foundry because of how they support youth in our community.

Another cause that is very close to Dale’s heart is the Heart and Stroke Foundation. “I was recently made aware of the research gap for women’s heart health. Two thirds of all research is done on men. Women are dying unnecessarily and we need to make strides to close the research gap.” Dale also supports Ovarian Cancer Canada, having lost her sister to ovarian cancer in 2015.

The giving doesn’t stop there. Dale supports the BC Children’s Hospital Foundation, Goldstream Foodbank, West Shore Rotary, Soroptimist International, and many local sports organizations.

Part of Dale’s giving involves a life insurance policy on herself, with Victoria Hospice as the beneficiary. “Most people don’t know they can do this, and the premiums are tax deductible. You can expand the gift you are giving with the same amount of money.”

When it’s time to unwind, you’ll usually find Dale outside. “I love spending time at Lake Cowichan out on the water paddle boarding, and in the winter skiing at Mount Washington,” she said.

Dale also has a great sense of humour. “While sponsoring a local dragon boat team, they jokingly asked me to try and waterski behind the boat. I really didn’t think it would work, but I tried it, and actually waterskied behind a dragon boat!”

When it comes to financial planning, Dale has some sound advice for everyone, no matter what their age. “Start planning now, retirement is long! I have many clients living into their nineties.”

She also knows the importance of a good estate plan. “I can make it really easy for my clients to pass their wealth from one generation to the next. Family dynamics are complicated, and giving wishes may not always be equal,” Dale said. “A good estate plan can minimize taxes, and give you piece of mind knowing that your wishes will be followed. Another huge benefit to some pre-planning is the ease. People don’t realize how painful settling an estate can be if things are not set up properly. Usually the executor or executrix is a loved one, and in a lot of cases, the job can take years.”

Dale loves what she does and looks forward to going to work every day. “I love my job because I get to help people. Helping my clients plan for their life’s goals, like buying a home, retiring or leaving a legacy is a very fulfilling part of what I do,” she said. “And there’s no better place to do that, than here on the West Shore.”

Daily Uniform: Basically any dress from Calvin Klein. I run hot so I prefer sleeveless dresses.

Favourite pair of shoes: Freepeople Clog

Favourite Piece of Jewellery: A ring that I had custom designed

Favourite Accessory: The pearl necklace my sister gave me on her wedding day.

Favourite Watch: Marc Jacobs

Necessary Beauty Item: Dr. Renaud’s Global Defense and Natigéne

FinanceWest Shore

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

The concept design for the spray park and playground in Pogadl Park. (Photo Courtesy of Canadian Recreation Solutions)
Sylvan Lake spray park tentatively scheduled to open next year

Sylvan Lake Town Council approved the tender of the spray park and playground in Pogadl Park

Alberta's chief medical officer of health Dr. Deena Hinshaw says Albertans need to keep making safe choices to start bending the curve back down. (Photo by Chris Schwarz/Government of Alberta)
One new COVID-19 death in Red Deer, 257 additional cases province-wide

Red Deer sits at 459 active cases of the virus

One of the oil paintings stolen from a season home near the boat launch on Kuusamo Krest. (Photo Submitted)
Sylvan Lake RCMP search for paintings stolen from vacation home

Three original paintings were reportedly stolen from a seasonal home

A lone skater practises his shot on a melting outdoor rink recently. As of March 2, all outdoor skating rinks, including the ones on the lake, are closed for the season. (Photo Submitted by Town of Sylvan Lake)
All outdoor skating rinks in Sylvan Lake closed for the season

The Town announced Tuesday morning the rinks on the lake were also closed due to the warm weather

A health-care worker looks at a dose of the COVID-19 vaccine at the Palais de Congress site as Quebec begins mass vaccinations based on age across the province, Monday, March 1, 2021 in Montreal.THE CANADIAN PRESS/Ryan Remiorz
Nearly 1 million COVID-19 vaccine doses arriving in Canada this week: Anand

Anita Anand says she’s received assurances from the vaccine manufacturer

A vial of some of the first 500,000 of the two million AstraZeneca COVID-19 vaccine doses that Canada has secured through a deal with the Serum Institute of India in partnership with Verity Pharma at a facility in Milton, Ont., on Wednesday, March 3, 2021. THE CANADIAN PRESS/Carlos Osorio - POOL
Federal panel recommends 4-month gap between COVID vaccine doses due to limited supply

The recommendation applies to all COVID-19 vaccines currently approved in Canada

hands
The call is out in Rimbey to sign on with a group that is all about building connections

‘Already, we are building a network where we can rely on each other and help each other out’

FILE - Dolly Parton arrives at the 61st annual Grammy Awards on Feb. 10, 2019, in Los Angeles. The Grammy-winning singer, actor and humanitarian posted a video on Tuesday, March 2, 2021, of her singing just before getting her COVID-19 vaccine shot. Parton donated $1 million to Vanderbilt University Medical Center in Nashville, Tennessee for coronavirus research. (Photo by Jordan Strauss/Invision/AP, File)
‘Vaccine, vaccine’: Dolly sings ‘Jolene’ rewrite before shot

The Grammy-winning legend turned 75 this year

Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks about the Fiscal update during a news conference in Ottawa, Monday November 30, 2020. THE CANADIAN PRESS/Adrian Wyld
COVID-19: Wage and rent subsidies, lockdown support to be extended until June

Chrystia Freeland says now is not time to lower levels of support

Many rural seniors are having to travel a long way to get vaccinated against COVID-19. Stettler residents are being told to go to Red Deer, Drumheller or Camrose. (Black Press file photo).
Rural central Alberta seniors have to travel far to get vaccines

Stettler residents are being directed to Red Deer, Drumheller or Camrose clinics

Samantha Sharpe, 25, was stabbed to death at Sunchild First Nation on Dec. 12, 2018. Chelsey Lagrelle was sentenced to 4.5 years in prison for manslaughter in a Red Deer courtroom on Tuesday. Photo contributed
Central Alberta woman sentenced to 4 1/2 years for stabbing friend to death in 2018

Chelsey Lagrelle earlier pleaded guilty to stabbing Samantha Sharpe during argument

Calgary police say they received 80 hate crime complaints between January and November 2020. (Pixabay)
‘Racism is a real problem:’ Muslim women fearful following attacks in Edmonton

So far in 2021, three of seven hate-crime-related investigations have involved Somali-Muslim women

Alberta Minister of Health Tyler Shandro speaks during a news conference in Calgary on May 29, 2020. Shandro says Alberta is considering whether to extend the time between COVID-19 vaccine shots to four months. THE CANADIAN PRESS/Jeff McIntosh
Alberta may follow B.C.’s lead on faster rollout of first COVID-19 dose

Tyler Shandro says a committee of COVID-19 experts is analyzing emerging data and a decision is coming

Most Read