Julia Chung, CFP, CLU, FEA
Senior Financial Planner, Entrepreneur Spring Financial Planning & Admin Slayer Services
- South Surrey BC
Personal Finance & Family Enterprise professional leading Spring Financial Planning & Admin Slayer Services
Media
Social
Biography
Julia is co-founder & Sr. Financial Planner at Spring Financial Plans, an independent financial planning firm, and co-founder & CEO at Admin Slayer. She is also an Advisory Board Member for Entrepreneur Mom Now, an online network, education and support system for business mothers like herself. Julia has created several other companies in the past, including JYC Financial, Facet Wealth Strategies, Vida Coffee, & Las Rebels Entertainment
Julia co-authored the ebooks "Women & Money" and "The Art of Delegation", is Business Editor for Gazette and PowHerHouse magazines, and writes for several publications on business and finance. She actively volunteers with Junior Achievement BC, a financial literacy program for children, and with the Institute of Family Enterprise Advisors on the events committee.
Julia's lifelong dedication to education has provided her with multiple designations and a thirst for knowledge that has extended beyond any single narrow area of expertise, allowing her to analyse and understand situations from multiple perspectives.
Julia's unique ability is "Manifesting the Improbable." She relishes challenge, and is especially excited by opportunities that start with someone saying, "You can't do that."
Industry Expertise
Areas of Expertise
Accomplishments
Top 40 Under 40: Nominee
2014-07-01
Award for entrepreneurs, executives & professionals under age 40 who have demonstrated excellence in business, judgement, leadership, and community contribution.
Wealth Professional: Finalist - "Young Gun of the Year"
2015-05-04
Award of excellence for the outstanding young advisor. This accolade goes to an industry player under 40 who has best excelled at pushing the envelope with innovation and growth, garnering industry attention, the the respect of peers.
Wealth Professional: Finalist - Award for Engagement, Loyalty & Client Care
2016-04-04
To succeed in today’s marketplace client engagement, loyalty & client care are critical. This Award has emerged from the need for Advisor and offices to excel in these crucial areas. The Award of excellence dedicated to outstanding engagement & loyalty programs plus first class client care service by an advisor or individual office. Client service is an important measure of any office's long-term success.
Hot List 2016: One of the 50 Leading Figures in Canadian Wealth Management
2016-05-02
The 50 men and women who made the cut this year exert considerable influence on the financial planning industry. That includes advisors and executives, of course, but also regulators, educators and government ministers, past and present. The industry is changing rapidly; those who can adapt best to new regulatory pressures and harness the constant upgrades in technology will be the ones who shape the future of wealth management.
Wealth Professional: Finalist - Award for Engagement, Loyalty & Client Care
2017-04-01
To succeed in today’s marketplace client engagement, loyalty & client care are critical. This Award has emerged from the need for Advisor and offices to excel in these crucial areas. The Award of excellence dedicated to outstanding engagement & loyalty programs plus first class client care service by an advisor or individual office. Client service is an important measure of any office's long-term success.
Education
Financial Planning Standards Council
Certified Financial Planner Designation (CFP)
Financial Planning
2009
Certified Financial Planner (CFP) Certification is the industry gold standard in financial planning. CFP professionals are the largest identifiable body of licensed financial planners in Canada with over 17,500 individuals meeting the strict standards to attain this designation. Courses in the CFP program include: Financial Planning Fundamentals, Contemporary Practices in Financial Planning, Comprehensive Practices in Risk & Retirement Planning, and Wealth Management & Estate Planning.
The Institute for Advanced Financial Education
Chartered Life Underwriter Designation (CLU)
Estate Planning
2011
The Chartered Life Underwriter (CLU) is a professional financial advisor specializing in developing effective solutions for individuals, business owners and professionals in the areas of income replacement, risk management, estate planning, and wealth transfer. For more than 80 years, the CLU designation has been widely recognized as a mark of excellence in the industry. Courses in this program include: All courses in the CFP program plus Advanced Taxation, Law and Advanced Estate Planning.
UBC Sauder School of Business
Family Enterprise Advisor Designation (FEA)
Family Enterprise
2013
The Business Families Centre’s FEA Program augments formidable technical skills with strategies and tools to incorporate social and human considerations into the trusted advisor role. This program uses a multi-disciplinary approach where advisors learn to integrate their own discipline with those of other professionals in order to provide collaborative and complementary advice to business family clients. Courses include: Business Family Dynamics, Family Enterprise Strategy, Business Boards & Family Councils, Multi-Disciplinary Advising, Facilitation & Communication Skills, and Continuity Planning.
CPA British Columbia
CFO Operational Skills
Corporate Finance
2014
Core CFO Competencies including: Corporate Governance, Risk Management, Strategy, Mergers & Acquisitions, Operational & Financial Tools, Cash Management, Internal Controls, Treasury, Capital Markets, Financial Instruments, Behavioural Finance, Culture, Reporting & Communicating Results, Gaps in GAAP, Managing Intellectual Property.
Affiliations
- Money Sense Approved Advisor (www.moneysense.ca)
Languages
- English
Media Appearances
Getting Over Good Enough: Why We Deserve More
Entrepreneur Mom Now online
2016-11-07
Statistics Canada’s 2007 report on Women in Business found that women view growth to be less important, less likely, and of lower value than men in business. Women indicated that they viewed the personal demands related to growth as negative, and stressful. An overwhelming 84% of women reported that they felt that their businesses had reached a comfortable size, and that they wouldn’t be growing any further.
Create Retirement Stability for Gen X
Advisor.ca online
2014-05-26
Gen Xers who are 20 to 25 years away from retirement are best positioned to take advantage of these policies, says Chung, because they require years of consistent contributions. But clients may find it difficult to make steady payments as years pass and unexpected life events occur, she says.
Pricing in Terms of Hours Worked
Global News online
2014-11-13
“This can help remind individuals that every dollar they spend is representative of the hard work that they put in to create that dollar,” said financial and estate planning expert Julia Chang. “This can be particularly helpful for those who do a great deal of online shopping, and may be particularly useful for the rising generation of digital natives who rarely use physical money.”
Are You Saving Enough for Your Child's Post Secondary Education?
Global News online
2014-11-25
“Many parents are in a very tight cash flow situation in the first few years of a child’s life, as they are often going from two incomes to one income,” said financial planner Julia Chung. “The savings need to be reasonable given the individual situation.”
The Surprising Downside of a Sunny Retirement
BBC Capital online
2016-03-08
“One of the issues there is when you’re considered a resident of most countries in the world, you have to file taxes there,” said Julia Chung, a financial and estate planner with JYC Financial in Surrey, British Columbia, in Canada. “We have a lot of Canadian residents that are just finding out they’re supposed to file a tax return with the US every year. It’s a huge problem up here.”
Event Appearances
Speaker
PowHerTalks Sechelt BC
2015-11-20
Emcee
PowHerTalks Vancouver, BC
2016-01-27
Speaker
PowHerTalks Victoria BC
2016-06-17
