Portfolio Manager from Harness Investment Management | The Wealth Multiplier Podcast
In this episode of the Wealth Multiplier Podcast, we’re joined by Suzi Park, CFA Certified Financial Analyst and Portfolio Manager at Harness Investment Management, to explore what Canada’s top-performing business owners are doing to grow and protect their wealth.
Watch the Full Episode
Meet Suzi Park & Harness Investment Management
Suzi Park is a CFA charterholder and portfolio manager at Harness Investment Management, with a surprisingly artistic past — she was once a classical violinist! Today, she works with a broad range of clients, from young professionals just starting out to retirees, doctors, farmers, and entrepreneurs across Canada. Her firm, Harness, is a technology-forward investment platform that partners with advisors like us at Safe Pacific to deliver smart, tax-efficient investment strategies.
Harness is backed by Purpose Unlimited, the same powerhouse behind Purpose Investments, which currently manages over $22 billion in assets. Purpose’s CEO, Som Sief, is a well-known tech-savvy entrepreneur with a vision of democratizing access to institutional-grade investing for all Canadians — not just the elite.
Here's a recap of the topics discussed in the podcast:
Why We Partner with Harness
At Safe Pacific, we could work with any investment platform — but we’ve chosen Harness for a few key reasons:
Digital-First Platform: Paperless onboarding, integrated DocuSign, digital dashboards — it’s everything the modern investor needs. This means quick and simple set up for you.
Advanced Technology: Real-time account access through the Digit dashboard, weekly automated portfolio rebalancing, and seamless client experiences. Track your investments, see your holdings, download your tax forms anytime from the comfort of your computer or app on your phone.
Strong Team & Trust: We’ve known the Harness leadership since they were Wealthsimple for Advisors, and we trust them to take care of our clients with care and intelligence.
Serving the Needs of Canadian Business Owners
Our typical client is a business owner with a family, real estate holdings, and a corporation. Suzi explained how Harness caters perfectly to this demographic by focusing on:
Tax-Aware Investing: Structuring investments with corporate accounts, RRSPs, TFSAs, and RESP accounts to mitigate tax erosion — often the biggest enemy of wealth.
Private Market Access: For portfolios over $250,000, clients gain access to private investments like private equity, private real estate, and private credit — options typically unavailable through banks.
Tailored Strategy Building: Harness offers both core strategies (foundational ETF-based portfolios) and focus strategies (private investments, longevity funds, and more) that let us build customized portfolios for your goals.
Managing Risk & Building Wealth Efficiently
Suzi emphasized a two-tiered approach to risk:
Understanding the Client’s Needs: Not just tolerances, but the why — e.g., are these funds for a child’s university, retirement, or real estate?
Portfolio Construction: Purpose and Harness focus on value-based investing and high-quality companies. Their portfolios avoid meme stocks and overhyped tech fads and lean into consistent, long-term growth.
She also highlighted how weekly rebalancing (yes, every Tuesday) keeps your investments aligned with your goals — a feature most firms don’t offer.
Account Types, Custodians & Safety
Harness supports all the major account types you need: RRSPs, TFSAs, RESPs, corporate accounts, and more. Investments are held with Fidelity Clearing Canada, a major custodian, and are protected under CIPF (up to $1 million per account), providing strong assurance and security.
Plus, clients have online access via the D1g1t portal, where you can view portfolio performance, download tax documents, and see exactly what you own.
Tax Strategies for the Sophisticated Investor
Beyond basic account optimization, Suzi introduced their use of SMAs (Separately Managed Accounts), particularly helpful for taxable portfolios. These allow:
Dividend optimization through Canadian eligible dividend-paying stocks.
Tax-loss harvesting to reduce taxable gains.
Custom triggering of capital gains to manage tax impact over time.
These strategies can be especially powerful for corporate accounts or high-net-worth individuals who want precision in how their portfolios affect their taxes.
How We Work Together
Safe Pacific handles the planning, strategy, and advice, while Harness and Suzi handle the execution and portfolio management. This gives you two professionals — advisor and portfolio manager — working in tandem to build and grow your wealth.
We also coordinate with your accountant and lawyer when needed to ensure a holistic plan for your financial future.
How you can work with us
You can click below and book a meeting time to discuss how we can help you grow, protect, and eventually pass on your wealth.
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