**Don't forget to call your advisor!**
Investors should proactively communicate life changes to their financial service providers.
**Scenario**: Whether it's losing a job (like Tricia) or receiving a bonus (like Saidy), these events warrant a call to your advisor.
**The Gap**: Investors often don't call because they don't think of it, assume it's irrelevant, or see no benefit—but these changes can significantly impact their financial plan and investments.
**Why It Matters**:
• Advisors can't read minds and won't know your situation unless you share it.
• Life changes (job loss, bonuses) affect how you should manage debt, RRSPs, TFSAs, and tax obligations.
• Early communication allows for better planning and minimizing financial damage or tax liability.
**Takeaway**: Call your advisor when circumstances change, and for advisors—create a supportive, shame-free environment that encourages clients to share news.