Creating family business legacies together with us.

 
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Creating family business legacies,

together with us.

 
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ABOUT US

Legasus Advisors is a boutique advisory, tax and accounting firm based in the Greater Toronto Area of Canada.

We are a robust team of family-oriented professionals who cherish the responsibility of service. Our team members have purposefully chosen to dedicate their expertise towards the countless complexities of multi-generational families and their business. 

Founded in 1985 and after more than 35 years of practice, we needed a succession strategy just like most other family businesses. Through an opportunity in 2021, and with lots of diligent planning and tenacious effort, the second generation of experienced young professionals successfully joined the management of our firm. They share the same long-term vision and enthusiasm to continue delivering a distinguished level of caring service to our clients.

 

The core values that guide our long-lasting client relationships:

 

Respect for tradition

Focus on the family

Work with rhythm

Lead with curiosity

 
 
 
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OUR SERVICES

We provide the following professional services collaboratively to support the needs of our clients.

  • — Family wealth transition and continuity

    — Wills and estates

    — Family trust structures

    — Compensation arrangements

    — Family office administration and governance

    — Immigration pre-settlement preparation

    — Emigration pre-departure preparation

    — Foreign asset and income arrangements

    — Canadian non-residents with Canadian assets and income

    — Charitable giving strategies and private foundations

    — Next generation preparedness

    — Business growth and acquisitions

    — Business succession or divestitures

    — New business establishment

  • — Preparation of compilation financial statements

    — Audit and review engagements

    — Agreed-upon procedures engagements

    — Bookkeeping and accounting support

  • — Family trust, corporate, and personal taxes

    — Foreign assets and income

    — Non-residents

    — GST/HST commodity taxes

    — Payroll

  • — Family meeting facilitation

    — Board and management strategy meeting facilitation

    — Business operations improvement and change management

    — Financial data analysis

    — Budgeting and cash flow projections

    — Accounting processes and software

    — Acquisition and divestiture transaction advice

    — Due diligence

    — Corporate restructuring advice

As circumstances require, we prudently identify and involve supporting subject matter specialists from our comprehensive network of professionals and affiliates.

K & Associates LLP, an Ontario limited liability partnership, is a licensed firm of Chartered Professional Accountants under which public accounting services are provided.

 

OUR TEAM

Stanley Kwan | FCPA, FCA, MBA

stanley.kwan@legasus.ca

(905) 513-1688 x1075

After obtaining his MBA from McMaster University, Stanley spent ten years with Deloitte before establishing his own practice in 1985.

Since the early 1980s, he spends a significant amount of time each year travelling between Canada and Asia to advise new immigrants on proper planning of their tax and financial arrangements in order to be compliant with complicated Canadian tax rules. He works closely with prominent Canadian immigration lawyers, Hong Kong professionals, and various banks and trustee companies. More recently, he is also concentrated on assisting former clients on proper re-settlement tax planning.

Stanley’s dedication to looking after his clients’ interest has earned him the trust and confidence of many successful families. With his extensive experience in working with clients from Hong Kong and China, he helps them achieve family wealth transition and continuity goals by setting up appropriate tax structures, such as Canadian or offshore trusts. Stanley is also heavily involved in assisting local businesses and professionals with setting up appropriate tax structures in Canada.

In the Greater Toronto Area, Stanley has been firmly recognized as a well-respected community leader. He was one of the founders of the Yee Hong Community Wellness Foundation, Chair of the Scarborough Hospital Foundation, a trustee of the Royal Ontario Museum and a founder of Fu Hui Education Foundation. Stanley has been awarded the reputable designation of FCPA to recognize his huge community contribution.

Keith Kwan | CPA, CA

keith.kwan@legasus.ca

(905) 513-1688 x1009

As a conscientious family business advisor, Keith is entrusted to help entrepreneurial families address the strategic priorities of business transition and continuity, effective and sustainable tax planning, including family trust and private foundation structures, and family office management and governance involving the next generations.

Keith obtained his Chartered Professional Accountant designation in 2003 after graduating from the University of Toronto. While practicing public accounting for 21 years with several of Canada’s largest accounting firms, he served clients with multi-level, cross-functional advisory, tax, assurance and other accounting services in the real estate, manufacturing and distribution, and professional services sectors. He also carried a number of national and regional leadership roles and was an enthusiastic champion of internal quality advancement programs and university student recruiting initiatives.

Volunteering became an important part of Keith at a very young age. He founded an impactful youth volunteer group in the Toronto Chinese community which has continued to support numerous charities since 2007. His community leadership has been recognized by the Chinese Canadian Legend Award program, University of Toronto and the United Nations. Being an avid fireside mentor, Keith has influenced over a thousand young professionals and university students. He is an inspiring keynote presenter and an active trainer for career leadership workshops for youth, various Ontario university business schools and Chartered Professional Accountants of Ontario.

Michelle Kam | CPA, CA

michelle.kam@legasus.ca

(905) 513-1688 x1085

After graduating from the University of Toronto and spending six years with KPMG, Michelle joined Stanley’s practice.

Further to attaining her CPA designation, Michelle also completed the CPA In-Depth Tax Program and is a tax planning and compliance specialist. Her broad professional expertise has her frequently involved with resolving difficult tax issues concerning family trusts, corporations, and individuals, including shareholder and management compensation planning, commodity and payroll taxes, and foreign assets and income reporting.

She has a uniquely strong and sharp analytical perspective which allows her to review client’s data effectively and derive thorough background analyses so that relevant factors are prudently considered when designing appropriate tax structures for her clients. Michelle gives her full attention to the details about personal objectives and constraints of her clients, and is therefore highly respected by her clients for her valuable tax solutions.

Michelle also holds various important internal roles in practice where she ensures her team members receive proper training and the necessary technical support is strong and consistent in the quality management process.

Yuki Yuan | CPA, CICPA, AICPA

yuki.yuan@legasus.ca

(905) 513-1688 x1030

After graduating from university in 2002, Yuki started her career with Deloitte China where she worked with various offices in China, Canada, and Hong Kong. She took a break from the firm to work with an emerging technology subsidiary of the Alibaba Group before she returned to Deloitte and was admitted to the partnership in 2017. From her 20 years practicing as a public accountant, Yuki accumulated abundant experience in providing business management advice and delivering assurance services to private owner-managed businesses. She has assisted start-up companies through different stages of their business lifecycle, including IPO preparation.

With her experience between Canada and China, she assists family businesses with operations in both countries to streamline business and financial management and advises immigrants and emigrants between the two countries on tax planning and reporting issues.

Yuki is actively involved in Chinese business community of the Greater Toronto Area. While she was a director of the Association of Chinese Canadian Entrepreneurs in 2020-2021, she provided valuable support to the Mainland Initiative through hosting Mandarin-speaking events.

Kenny Leung | CPA, CA

kenny.leung@legasus.ca

(905) 513-1688 x1068

Kenny graduated from the University of Toronto Scarborough and started his career in public accounting with PwC in 2011.  Aligned with his passion for working with private businesses, he then joined MNP, one of Canada’s leading national accounting firms for private enterprises, where he worked closely with owner-managed clients in the markets of real estate, manufacturing, distribution, and consumer products and services. He also led student recruiting programs to help build and train the next group of young staff accountants. 

Kenny continues to use his professional expertise in taxation, accounting, assurance and other advisory services to help family businesses as they navigate their current challenges and future obstacles ahead.   

He is an active member of the Chinese community of Toronto.  His passion includes working with youth and mentoring the next generation of students and young professionals who aspire to become professional accountants.  He also co-founded a professionals’ community group that helps youth develop important skills for their future workplace.

Kevin Ha | CPA, CA

kevin.ha@legasus.ca

(905) 513-1688

Kevin is a strategic leader experienced in building teams with a focus on breaking down silos to drive collaboration and results across all parts of the business. He thrives in simplifying and solving complex problems by leveraging both data and storytelling, and understanding the big picture while being able to drill down to the details. He is a change agent that has been able to drive growth and impact throughout his career.

He has experience with various industries including (but not limited to) consumer packaged goods, telecommunications, education, and technology. He started his career with Deloitte and has held progressively senior positions working closely with c-suite executives, most recently as Executive Director & Head of Finance at Nelson Education.

Kevin holds a Bachelor of Business Administration from the University of Toronto and is a Chartered Professional Accountant (CPA, CA). He continues to be involved with the profession as a Session Leader for CPA Ontario and was previously a Sessional Lecturer at the University of Toronto.

His current focus is on working with the next generation of leaders and empowering individuals and businesses to achieve their full potential.

CONTACT US

 

Canadian Office

105 West Beaver Creek Road, Unit 9

Richmond Hill, ON L4B 1C6

Tel (905) 513-1688

Fax (905) 597-7241

Hong Kong Office

9/F Leighton Centre, 77 Leighton Road,

Causeway Bay, Hong Kong

Tel (852) 2894 6629