Our Heritage

ROMAC FINANCIAL is proud of its long heritage, now celebrating 40 years of professional service in the Canadian insurance and investment industry.

Relationships (some spanning decades) with our clients and their families are founded on trust, by providing reliable and professional financial planning with personalized recommendations.

We have built our success through the wisdom of inter-generational planning that has given our clients a sense of confidence and “Peace of Mind”.

About Us
Our Future

ROMAC FINANCIAL is committed to the future financial security of all our clients. We continue to customize each insurance and investment portfolio solution to suit unique, specific needs.

Our ever-evolving industry will continue to offer products and strategies that require both our expertise and your confidence in our professional opinions, to maximize your family's prosperity. We have implemented our own inter-generational Succession Strategy, which our clients recognize as invaluable. Intelligent planning today will secure a successful retirement tomorrow.

Our Team

Celebrating four decades of providing "Peace of mind" through a multitude of insurance and investment solutions for our "family" of clients has given our ROMAC team both a sense of purpose and satisfaction...their success is our reward.

Bob MacDermott
Senior Financial Advisor
President & Founder

Bob has over four decades in the insurance/investment industry, specializing in both personal and corporate risk mitigation. Bob has guided clients and their families through trusted estate planning and has offered peace of mind for generations.

Lyndsay MacDermott CFP, CPCA, BBA
Senior Financial Advisor
Vice President

Lyndsay has been licensed for over 20 years and holds designations as a Certified Financial Planner and Certified Professional Consultant on Aging. Lyndsay is dedicated to providing protection with insurance, planning through investments and most of all, peace of mind for her clients and their families.

In loving memory of
Bill Pentecost

We remember Bill not only for his exceptional talent and dedication, but for the kindness, wisdom, and integrity that he brought to every part of our team at ROMAC. His legacy lives on in the lives he touched and the work he helped shape.

View Tribute

Julie Walker
Administrator
Group Specialist

Julie has over 20 years experience in group benefits design and administration with extensive knowledge of the insurance industry. As Romac Financial's life licensed Office Administrator, she always offers a friendly connection and prompt service.

Our Services

Insurance

Providing financial protection through customized insurance solutions that evolve as your life changes.

Buy-Sell Funding

Life Insurance

Travel Insurance

Mortgage Protection

Estate Planning

Critical Illness/Serious Accident

Disability Coverage

RRSP Drawdown Strategy

Inter-Generational Planning

Guaranteed Issue

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Investments

Investing through Life Insurance companies offer several key advantages:

Maturity Guarantee

Death Benefit Guarantee

Creditor Protection

Probate Avoidance

Confidential Estate Planning

Generational Wealth Transfers

Timely Distribution to Beneficiaries

No Fees Payable At Death

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Group

Offering custom employee benefit solutions that will give you, the Employer/Owner more control and flexibility.

Designing the right plan is important and it is not just about the cost, but the sustainability of your plan. There is a tax-effective strategic advantage to these solutions.

Let us provide a complimentary review of your current plan and help you design a benefits package that best suits your business.

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Retirement Planning

Providing guidance in setting your financial goals and creating strategic 'roadmaps' to increase your chances of achieving financial independence during retirement.

When to take Canada Pension Plan?

Is an RRSP preferable over a TFSA?

Early conversion of RRSP to a RRIF?

Early conversion of LIRA to a LIF?

When can I retire comfortably?

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History

Available Solutions

PLANNING · INVESTMENTS
  • Annuities
  • Pension Analysis
  • GIC
  • RESP
  • Leveraged Loans
  • RSP/RIF/LIRA/LIF
  • Home Equity Financing
  • TFSA/FHSA
  • Segregated Funds
  • Retirement Strategies
  • Tax Efficiency
PROTECTION · INSURANCE
  • Critical Illness
  • Disability
  • Term Life
  • Whole Life
  • Universal Life
  • Mortgage
  • Travel
  • Group Benefits
  • Juvenile
  • Guaranteed Issue
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Copyright © 2023 Romac Financial
Bob MacDermott
Senior Financial Advisor
President & Founder

Born and raised in Toronto, Bob is a proud alumnus of St. Michael's Choir School, and studied economics and psychology at Carleton University, while playing varsity football.

Bob and Judy are celebrating 50 years of marriage, and cherish their family of two daughters, two sons-in-law, and four grandchildren.

He finds joy in exploring the world, (adding to his rock and bank note collections) and has entertained many by playing the piano, both professionally and for leisure.

Lyndsay MacDermott CFP, CPCA, BBA
Senior Financial Advisor
Vice President

Lyndsay is passionate about skiing and snowboarding and has been teaching them both for over 25 years. She is the recipient of the CSIA Award of Merit in ski teaching.

Lyndsay is a member of the Catholic School Council and a participant on the Catholic Women’s Guild. She is also a supporter of Abuse Hurts charity.

Happily married since 2011 and proud Mom of two active boys, Lyndsay enjoys spending time with her family, practicing yoga and talking about past and future travel destinations.

Bill Pentecost
Retirement Specialist

Born and raised in the Montreal suburb of Verdun, Bill's life-long interests have been reading (especially science fiction), music and motor racing.

Early working years were spent as a police officer (Montreal) and then as a professional musician. However, getting married necessitated securing a "day Job" which resulted in a five-decade career in the pensions field and an eventual move to Toronto.

Happily married for over 50 years, with two successful daughters and five grandchildren, Bill and Barbara love to travel (especially cruising) and are hoping to increase their tally to over 50 countries visited.

Julie Walker
Administrator
Group Specialist

Julie has been an avid volunteer in her small town for many years. She loves to participate in local charity events such as the Bread & Honey Festival, Santa Claus Parade, and the Streetsville Ceilidh, where she was the Chair for 3 years.

She was a member of the Business Improvement Association as the Director of Promotions for several years, during which Julie worked at developing relationships and networking.

Julie is a mother of two adult children and in her spare time enjoys her passion for cooking. Many nights she will be in her kitchen, creating new recipes to share with family and friends.