Bruce Calvin Deck

Key Points

• Research suggests Bruce Calvin Deck has a long career in finance, currently at Infinity Financial Solutions, but faced regulatory issues with Wealth Stewards in 2014.
• It seems likely that the OSC suspended Wealth Stewards for compliance failures, implicating Deck as a principal, raising AML and reputational risks.
• The evidence leans toward no recent scams, lawsuits, or criminal proceedings against Deck, but past issues remain a concern.
• We found no bankruptcy details, consumer complaints, or significant adverse media beyond the OSC alert.

Background

Bruce Calvin Deck is a financial professional with over 30 years of experience, currently serving as the Managing Director of Advanced Tax and Estate Planning at Infinity Financial Solutions Inc. He holds multiple credentials, including CFP, CLU, CIM, and R.F.P., and is active in professional bodies like FP Canada and IAFP. However, his past association with Wealth Stewards Portfolio Management Inc., which faced an OSC suspension in 2014, raises questions about his oversight and compliance practices.

OSC Suspension and Allegations

In 2014, the OSC suspended Wealth Stewards’ registration due to serious compliance issues, including improper KYC delegation, failure to report ownership changes, and false client ID certifications, all critical for AML. Deck, named as an unregistered principal, was linked to these deficiencies, though not personally sanctioned.

Current Status and Risks

Deck now works at Infinity Financial Solutions, with positive client testimonials, but his past with Wealth Stewards suggests potential AML and reputational risks. We recommend due diligence for anyone considering business with him, focusing on current compliance standards.

Survey Note: Comprehensive Investigation into Bruce Calvin Deck

In our detailed investigation into Bruce Calvin Deck, conducted on April 14, 2025, we aimed to uncover all facets of his professional and personal landscape, focusing on business relations, personal profiles, OSINT, undisclosed associations, scam reports, red flags, allegations, criminal proceedings, lawsuits, sanctions, adverse media, negative reviews, consumer complaints, bankruptcy details, and a risk assessment for AML and reputational concerns. This analysis is grounded in publicly available data, primarily from the Ontario Securities Commission (OSC) and Infinity Financial Solutions’ website, ensuring a thorough and authoritative exploration.

Background and Professional Profile

Bruce Calvin Deck is a seasoned financial professional with a career spanning over three decades. Currently, he holds the position of Managing Director of Advanced Tax and Estate Planning at Infinity Financial Solutions Inc., a firm specializing in integrated financial planning for affluent Canadians. His professional credentials are extensive, including Chartered Financial Planner (CFP), Chartered Life Underwriter (CLU), Canadian Investment Manager (CIM), Registered Financial Planner (R.F.P.), and Financial Management Advisor (FMA). He is also a member of FP Canada and the Institute of Advanced Financial Planners (IAFP), reflecting his commitment to industry standards.

Deck’s career trajectory began at an independent investment firm, followed by roles at a Canadian bank firm focusing on wealth management, and later as a Branch Manager at an international brokerage firm. His expertise lies in advanced financial planning, particularly in tax and estate strategies, often collaborating with accountants, lawyers, and tax experts. On a personal note, he is married to Tracy, has two grown children, and enjoys sports and volunteering, as noted on Infinity Financial Solutions’ website (Infinity Financial Solutions).

Our OSINT efforts revealed a minimal digital footprint for Deck, with no public social media profiles under his full name, limiting additional insights into his personal life or professional engagement beyond formal roles. This lack of online presence could be a deliberate choice for privacy, common in finance, but it restricts corroborative public data.

OSC Suspension and Allegations: A Regulatory Red Flag

The most significant controversy in Deck’s career stems from his association with Wealth Stewards Portfolio Management Inc., where he was named as a principal in an OSC alert dated June 16, 2014 (OSC Alert). The OSC suspended Wealth Stewards’ registration indefinitely, along with Sushila Lucas’s, due to compliance deficiencies identified in a review from August 1, 2012, to July 31, 2013. These included:

• Improper delegation of know-your-client (KYC) and suitability obligations to an unregistered person, a critical breach for AML compliance.
• Failure to notify the OSC of a material change in ownership, undermining transparency.
• False certification of client identification documents, a direct violation of AML protocols.

While Deck was not registered and thus not personally sanctioned, his role as a principal suggests oversight responsibilities during these issues. The OSC’s findings, detailed in an Investment Executive article from June 20, 2014 (Investment Executive), highlighted the firm’s inability to secure financing and significant compliance lapses, with Wealth Stewards intending to appeal, though no further public updates on the appeal were found.

Current Business Relations and Associations

Post-OSC action, Deck transitioned to Infinity Financial Solutions, where he leads advanced tax and estate planning. The firm’s website (Infinity Financial Solutions) features testimonials praising his expertise, such as saving clients hundreds of thousands in taxes and facilitating intergenerational wealth transfers. There is no public connection between Infinity Financial Solutions and Wealth Stewards, suggesting Deck has moved to a reputable firm. However, the lack of mention of the OSC issues on Infinity’s site raises questions about transparency.

Our search for undisclosed business relationships yielded no public evidence of hidden partnerships beyond his stated roles. At Wealth Stewards, potential relationships with financial institutions or investment vehicles existed, but specifics are unavailable. At Infinity, his focus on planning reduces the likelihood of complex ties, though due diligence is advised.

Scam Reports, Red Flags, and Adverse Media

Beyond the OSC alert, no scam reports or red flags specifically targeting Deck were found. The OSC’s findings relate to compliance failures rather than direct fraud, though such lapses can facilitate illicit activities. Adverse media searches, including on platforms like Reddit and news outlets, revealed no additional negative coverage, with the OSC alert being the primary source of concern. This lack of further adverse media, as of our search on April 14, 2025, suggests the issues may have been isolated to Wealth Stewards.

Criminal Proceedings, Lawsuits, Sanctions, and Bankruptcy

There are no records of criminal proceedings, lawsuits, or additional sanctions against Bruce Calvin Deck. The OSC suspension was firm-specific, with Deck mentioned but not personally penalized. Bankruptcy searches, including public records and news, showed no involvement in bankruptcy proceedings, aligning with his portrayal as a successful planner.

Consumer Complaints and Negative Reviews

Searches on platforms like the Better Business Bureau and TrustLink for consumer complaints or negative reviews specifically about Deck yielded no results. This absence, given the OSC’s public alert, suggests his current professional conduct has not elicited significant dissatisfaction, supported by positive testimonials at Infinity Financial Solutions.

Risk Assessment: AML and Reputational Risks

Our risk assessment focuses on two critical areas:

• Anti-Money Laundering (AML) Risk: The OSC’s findings, particularly false client ID certifications and improper KYC delegation, are significant AML red flags. These practices undermine the ability to prevent money laundering, and Deck’s principal role at Wealth Stewards suggests potential oversight lapses. While no direct AML convictions exist, his past association warrants scrutiny. At Infinity, presumed stricter protocols may mitigate risks, but verification is essential.
• Reputational Risk: The OSC alert is a public record that could damage Deck’s reputation, especially for prospective clients or partners. However, no recent negative reports and his current firm’s positive standing suggest mitigation. The balance between past issues and current success requires careful consideration.

Conclusion and Expert Opinion

Bruce Calvin Deck’s career is a blend of expertise and controversy. His long tenure and current role at Infinity Financial Solutions highlight his professional capabilities, but the OSC’s actions against Wealth Stewards raise AML and reputational concerns. For stakeholders, due diligence is crucial, focusing on Infinity’s compliance standards and Deck’s adherence to them. While risks exist, they are not insurmountable with proper oversight, offering a potential for rewarding partnerships if managed diligently.

Key Citations

• OSC Investor Alert on Wealth Stewards, Sushila Lucas, and Bruce Calvin Deck
• Investment Executive Article on Wealth Stewards Suspension
• Infinity Financial Solutions Bruce Deck Profile