Personal Financial Planning and Wealth Management

In my experience people always think that Financial Planners are investments only. In fact this is a small portion of the advice that they give. Savings and cash flow management, Risk Analysis, Inurance Planning, Estate Planning, Investment Planning, Tax Planning, and Retirement Planning are all things your planner should be discussing with you. 

Written Financial Plans

Has your current advisor ever produced a written financial plan for you? Do you know how much money you will need to live off of in retirement? Do you know what the taxes will look like? Do you know how all your different advisors are compensated and what work they are doing to earn that?

The questions go on and on. A proper advisor will clarify your current situation and discuss your needs. This will help determine your personal and financial goals. They will collect and analyze all pertinent information, holistically look over your situation, incorporate your values, and provide written recommendations and solutions in a comprehensive Financial Plan. After this discussion they should help you implement the plan and review with you as necessary (at least once a year).

discretionary portfolio management

We have partnered with some of the best in the business to meet varied investment needs. As technology has become more commonplace we have embraced a very efficient way of dealing with client needs. Transparency has long been an issue in the investment industry. What are you really paying for your advice regarding your investments? What are you really paying for the management of your funds by the portfolio manager? Where are all the fees going? How much are those fees? With our platform everything is 100% transparent. You see these fees, monthly, deducted from your account so you KNOW what you are paying for the value you are receiving. For further benefits and explanation of this type of management click here.

Estate planning

Did you know that the Canada Revenue Agency could be the largest beneficiary of your legacy?! If you end up in the top marginal tax rate you could potentially lose over 40% of your registered savings to the CRA. Have you looked over how your assets will pass to your beneficiaries? Did you know there are tax preferred ways to pass your legacy on to the next generation?