Welch LLP

Jim McConnery, CPA, CA, TEP

I appreciate the atmosphere at Welch, which is both professional and friendly. My colleagues have a great amount of expertise and provide invaluable service to clients. I have learned a great deal during my time with the firm; the experience has been enhanced by the opportunity to work with many of our long-term clients. We tend to have close relationships with our clients and, in many circumstances, are treated like family.

Jim McConnery is a Tax and Estate Practitioner with a wide ranging expertise in tax, acquired through his 18 years of public accounting. Jim provides assistance to individuals and private companies with a particular focus on tax, estate and succession planning. He has been involved in educational programs for both the Canadian Institute of Chartered Accountants and the Institute of Chartered Accountants of Ontario.

Jim joined Welch LLP in 1994 after graduating from the University of Ottawa, where he received a Bachelor of Commerce degree with honours in Finance. He received his CA designation in 1997. Jim was with a national accounting firm’s tax group for 10 years and returned to Welch LLP in 2007.

A key aspect of Jim’s expertise relates to tax minimization strategies via family trusts – this includes income splitting strategies and multiplying access to the lifetime capital gains exemption. Jim also provides support in the context of the purchase or sale of private company groups.

Professional Quick Facts

Joined Welch in:
Bachelor of Commerce, Finance,University of Ottawa
CICA, ICAO, Canadian Tax Foundation; Society of Trust and Estate Practitioners
Corporate and personal tax planning; succession and estate planning; tax

Personal Quick Facts

Favorite quote/words of wisdom:
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” - Winston Churchill
Community involvement:
Treasurer of a fundraising campaign for the Beechwood National Memorial Centre; former chair of the audit committee of Volunteer Canada
Hobbies/ talents:
Golf and skiing
Favorite books (or authors):
Fifth Business, by Robertson Davies
Most memorable vacation:
Family trip to the Bay of Fundy
Favorite music:
Train and Maroon 5
Favorite movie:
Personal accomplishment/ most proud of?
Being a father of 4 daughters