The Faces Behind Westgroup Financial Management Inc.
Meet Karm Panesar, President and Founder, and Bal Kundan, Vice-President and Co-Founder of Westgroup Financial Management Inc. Here’s their story about how it all started and what matters to them.
As the Founder and President of Westgroup Financial Management Inc., Karm has over the past two years, sustained 50% growth year over year in sales for Westgroup through building a highly qualified advisor team and client base. His passion for helping families and businesses achieve their financial goals is a key component of driving the success of Westgroup. Karm takes responsibility for running all facets of the business. His extensive Corporate Accounting and Tax Planning background are essential to ensuring the correct financial strategic measures are put in place for prolonged success.
As the Co-Founder and Vice President of Westgroup Financial Management, Bal has more than twenty years of high technology, management, and business experience sharing in the responsibilities of all facets of the business. He is committed to accelerating productivity, through secure, stable, and scalable business process, and technology implementations. Having completed a Masters of Science Degree in IT with a specialization in Information Security, Bal brings unique skill sets to ensure strict compliance with the highest industry standards.
Before Westgroup Financial Management Inc., Karm ran a very successful import/export business dealing in ladies’ luxury apparel, high heels, and purses. Based on his extensive business experience, Karm has developed and implemented a key business process for individual and corporate clients at Westgroup.
He has also founded multiple businesses with a proven executive management track record and over fifteen years of experience in business executive roles.
Karm is also the Founder of Global Earthworks Ltd., an Excavation and Demolition Company specializing in Residential, Commercial, and High-Rise buildings and he has driven growth in all aspects of the business.
Bal has extensive experience in business processes such as Lean methodology, Design Thinking, and Gamification provides a unique perspective in the financial services industry. The background he has in Business Intelligence ensures that key performance indicators align with strategic objectives.
Bal also has over fifteen years of experience teaching at the British Columbia Institute of Technology in the School of Energy. His allure to the financial industry developed from his own financial success and passion for sharing knowledge.
Apart from Westgroup Financial Management Inc., Karm and Bal are members of Advocis, The Financial Advisors Association of Canada, which is the largest voluntary professional membership association of financial advisors in Canada.
Karm has also served the local and international community through Charitable causes that he and Westgroup contribute to regularly, which includes the Children’s Hospital, Red Cross, and support clean water projects in developing nations.
As part of Bal’s passion for charitable work, he has taken a lead role in implementing projects to bring clean water to villages in developing nations.
Karm and Bal also donate ten percent of profits and income to various charitable causes, which is in line with their personal and business visions.
Together, they ensure that Westgroup Financial Management Inc. adheres to the highest standards of accountability in the Financial Services Industry.
We hope you have enjoyed getting to know Karm and Bal better. If you or someone you know could benefit from their expertise as financial planners, we invite you to get in touch. Please visit our website at www.westgroupfinancial.com.
We serve clients across South Surrey, White Rock, Delta, Vancouver, West Vancouver, North Vancouver, New Westminster, Coquitlam, Burnaby, Langley, Chilliwack, Port Coquitlam, Port Moody, Mission, Abbotsford, Pitt Meadows, Maple Ridge, Squamish, Whistler, Victoria, Nanaimo, Kelowna, Penticton and Kamloops, BC.