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Creating a plan that’s right for you
As Investment Advisors and Portfolio Managers, we begin our process by asking questions to get a complete picture of your financial situation so we know how to address and prioritise your needs.
This open dialogue will lay the groundwork for building a comprehensive plan that is optimised for: accelerating your savings, minimising your taxes, protecting your assets, and increasing your investments.
Step 1: Gathering and assessing information about your current financial situation
What is your net worth? This includes your personal, business, investment and insurance assets and liabilities.
What are your financial goals and objectives? This includes targets for your children’s education, travelling the world fund, retirement lifestyle, and charitable donations… What do you want to do in your lifetime?
What are your current income needs? How much disposable income do you require? Do you have any debts, how are they structured, and how are you paying those off? What are the needs of your dependents?
What is your compensation structure? Are you salaried and making RRSP contributions? Or are you incorporated and receiving dividend payments?
Have you thought about estate planning? How have you structured the eventual disposition of your estate?
Step 2: Designing a plan that’s right for you
Our team will review the various components of a holistic financial strategy and begin to create an individually tailored plan that is right for you. This includes:
Tax Planning
Insurance Planning
Retirement Planning
Investment Management
Charitable Giving
Estate Planning
Advanced Planning
Step 3: Presenting the plan to you and establishing alignment
Once the plan we’ve crafted for you is complete, we will walk you through your financial plan in detail to ensure that you understand the big picture, how the plan aims to achieve your financial objectives, and what is required of you to stay the course. It is also during this time that we would also like to discuss how often we communicate and review and revise the plan to account for changes in your personal life, professional life, or within the markets.