Voted Kelowna’s Best CFP® Professionals 2025 & Best Investment Advisors 2025
Voted Kelowna’s Best CFP ® Professionals 2025 & Best Investment Advisors 2025
Strategic investment management
& Financial Planning for Retirees
PLANNING FOR LIFE & LEGACY by CREATING A customized PLAN THAT WORKS FOR YOU.
Welcome to Elevated Wealth Management
You’ve built a life grounded in family, purpose, and experiences that matter. You want your wealth to reflect the same care and intention that shaped it. You value genuine partnership with professionals who understand your goals, anticipate your needs, and proactively take care of every detail so you can focus on what fulfills you the most.
work with Karen & Kayla
At Karen Erickson & Kayla Caruana Private Wealth Management
We provide holistic financial planning for retirees and snowbirds, with specialized expertise in investment management, tax-efficient retirement strategies, and estate planning. Built on trust, transparency, and collaboration, our approach ensures your financial plan supports the life you enjoy today and the legacy you wish to leave behind.
Whether you are approaching retirement or already retired, we take a comprehensive approach so you can focus on your family and what matters most.
This is the wealth you’ve spent a lifetime building. It deserves thoughtful, proactive planning that goes beyond investment advice planning designed to protect your future and preserve your legacy.
Proudly Voted Kelowna’s Best CFP® Professionals and Best Investment Advisors for 2025.
our services
Tax Optimization
Every decision we make is designed to keep more of your wealth working for you. From capital gains planning to business transitions and intergenerational transfers, we integrate advanced tax strategies into your overall plan.
holistic financial management
We simplify the complexity of significant wealth by consolidating your accounts, properties, and income streams into one clear strategy.
legacy & estate strategy
Your legacy should reflect your values and vision. We work directly with your lawyer and accountant to design an estate plan that minimizes tax, preserves family wealth, and provides clarity for the next generation.
asset management & investment strategy
Your portfolio is built to protect capital and grow with discipline. By combining global expertise with access to leading investment opportunities, we provide an institutional-quality strategy tailored to your goals.
retirement planning
We create retirement income strategies that are sustainable, tax-efficient, and flexible. The result is a plan that supports the lifestyle you enjoy while securing the future you envision.
wealth protection & risk management
We help protect what you have built by identifying risks and designing solutions that provide security and potentially liquidity when your family needs it most.
Creating a plan that works for you
Karen Erickson & Kayla Caruana Private Wealth Management provides comprehensive, tax-efficient financial planning for retired high-net-worth individuals, their families, and snowbirds. We work with a small number of households, offering a high-touch, relationship-focused experience led by seasoned CFP® professionals. Our coordinated approach brings together tax, estate, investment to protect wealth, preserve legacy, and provide clarity for every stage of retirement.
SERVING RETIREES BY MANAGING THE COMPLEX AND EVOLVING NEEDS OF THEIR WEALTH
WHO WE SERVE
Karen Erickson & Kayla Caruana are based in Kelowna, BC. They serve clients in British Columbia, Alberta, Ontario and Newfoundland. They are a mother-daughter team of CFP® professionals specializing in tax-efficient retirement income planning, estate planning, and multi-generational wealth strategies for retired high-net-worth individuals, their families, snowbirds, and select high-income earning content creators.
TESTIMONIALS
I am so appreciative of the work Karen, Kayla, and their team put into managing our investments and that of my team. Their comprehensive individual reviews made us feel confident and taken care of. Karen & Kayla are a quantum leap above others in the investment industry with everything they do and are doing. This is a big part of the reason why I was prompted to make my own personal move to their practice. Their dedication to their craft and their clients is inspiring.
— Frank B.
Met with Kayla after the passing of my father and had no idea where to start with my financial planning, estate planning and retirement planning. She has incredible knowledge and expertise and made this difficult time a very safe and easy journey for me. I have never felt more comfortable and confidant with anyone in any of my previous financial journeys. Do not hesitate to put your faith in Kayla and Karen.
— Karen J.
We are so happy we moved everything over to IG Wealth Management. All of our important documentation is now in one portfolio; which include investments, insurance and even our Wills. A trusted team who is stays in touch and is always a phone call away when needed. Wish we would have consolidated all of our matters over to Karen, Kayla and the team sooner.
— Rick M.