018: High Net Worth Investment Trends in Kelowna with Tyson Knauf

December 22, 2016

About your host

Chad Weninger

​I have been a mortgage broker for 10 years and have held several different positions within the industry to get me to where I am today. Over the years I have helped many families achieve the goal of home ownership as well as save thousands in finding the right mortgage for their needs.

Tyson Knauf is a Private Banker with Scotiabank Wealth Management in Kelowna, BC. Graduating with a Business Commerce Degree and a focus in Entrepreneurial Management from Royal Roads University, Tyson specializes in managing client credit requirements and overseeing day-to-day operations. His passion for people and ability to connect with clients has helped him succeed in finding clear solutions for people he works with, tailoring personal financial solutions to individual needs. He has over 8 years in the financial industry and has become an expert in following trends in the market.

Tyson works primarily with high net worth clients, and he shares his insights on recent trends in the Kelowna market.

 

Okanagan Lake near Summerland British Columbia Canada with orchard and vineyard in the Foreground

Key Points

  • [0:34] What kinds of clients do you serve?
  • [0:45] I work with the high net worth (HNW) clientele base, typically with around $1 million in liquid investments and $3 million overall net worth.
  • [1:08] Tell us a bit more about yourself.
  • [1:30] What areas do you specialize in?
  • [2:10] How did you get into this profession?
  • [4:27] During the interview process with Scotia Wealth Management, I learned more about how they approach their team structure.
  • [5:16] Private bankers oversee both personal and commercial accounts.
  • [6:48] So you’re the only private banker with Scotia in the Okanagan?
  • [6:59] When did you know this was the right career for you?
  • [8:23] I am able to build relationships with clients and have a foundation for business that really matters.
  • [8:39] What has been the most satisfying experience in your career so far and what you’ve learned from it?
  • [11:09] What is the best business advice you’ve ever received?
  • [11:30] Stay with a company for four years.
  • [13:15] Walk us through the process of how you help HNW clients manage finances when looking at properties.
  • [16:33] What if clients have investments with other firms?
  • [18:19] Can you expand more on the qualification process?
  • [20:22] How does the process differ on the investment side?
  • [22:08] Do rates change depending on the type of property or deal?
  • [23:44] What 3 things should people look for in a private banker?

hand putting money coins with filter effect retro vintage style

Contact Tyson Knauf



About your host

Chad Weninger

I have been a mortgage broker for 10 years and have held several different positions within the industry to get me to where I am today. Over the years I have helped many families achieve the goal of home ownership as well as save thousands in finding the right mortgage for their needs.







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