Our clients’ convenience and peace of mind is of utmost importance to us. We keep our clients informed on a regular basis through periodic letters and client seminars that assist them in making sound financial decisions with our input.
We also offer quarterly reviews of clients’ investments or annual review for tax preparation. Clients can also request a follow-up meeting at their convenience.
The Institute of Advanced Financial Planners (IAFP), a professional association of personal financial planners, states that “Personal Financial Planning is a client-oriented process focusing on all the financial and psychological factors which have an impact on a person’s life.” The IAFP recommends the above six-step process in creating your financial plan.
Our Fee-Only Financial Planning services may take a variety of forms.
Many of our clients prefer a modular approach to their financial planning. We tailor our services to address the most pressing concerns. We answer those questions that are most important to you today. Once the initial issues have been resolved, many clients return to review other areas of their financial health.
We offer written financial plans covering tax, investment and retirement issues backed by 30 years of experience and expertise in personal financial planning. Our ability to consult with any of our associates on investment or tax-related issues adds further value and another perspective to your financial plan.
We offer financial planning, counselling and seminars to groups and are retained by many companies and levels of government to provide these services to employees.
Our comprehensive, objective approach is designed to:
We meet with you to create your own financial plan based on:
We then help you implement your plan and periodically review and update it. The cost of producing a plan suited to your individual needs is charged on a fee-only basis. This can be either on a per hour basis or an agreed-upon fixed price.
We use the following process to determine the financial plan that’s right for you.
3rd Meeting (if required)
1 Year Meeting
Our most popular personal service. We assist you in addressing the following questions:
To answers these questions for you, we typically meet with you 2 – 3 times over a period of 2 – 4 weeks and follow our general process to identify goals, current financial situation, etc. Follow-up meetings may be required for implementation and we always recommend an annual review. Generally, these meetings will also touch on some tax and investment concerns. The first two meetings generally take a total of 4 – 6 hours.
For Income Tax Planning, we assist you in addressing the following questions:
To answers these questions for you, we follow our general process and typically meet with you 2 – 3 times over a period of 2 – 4 weeks. Follow-up meetings may be required for implementation and we always recommend an annual review. The first two meetings generally take 2 – 4 hours.
We also offer personal tax preparation services, generally in March/April (the tax season). This is also a convenient opportunity to remind you of tax and retirement planning goals.
The tax preparation process is streamlined and can generally be accomplished in a 1 – 2-hour meeting. Bring all the required information slips with you. The return is usually completed during the meeting and filed electronically.
You will be provided with a “paper” copy of the return, and a copy is retained in our office so that we may assist in any follow-up with Canada Revenue Agency (CRA).
This includes reviewing your income and expenses to ensure that you are not spending more than you earn. Can you create new cash flow from your investments? How can you save money (for short-term goals, medium-term goals or long-term goals)?
We usually provide this service as part of Retirement or Comprehensive Financial Planning but is also available as a stand-alone service.
Our debt management and restructuring recommendations can help you answer the following questions:
This process is often part of Retirement or Comprehensive Financial Planning but we also provide it as a stand-alone service which follows a similar format to our process.
We assist you with answering the following questions:
We follow our general process and the Investment Planning component generally can be accomplished in 3 – 5 hours.
The cost of post-secondary education is often one of the most significant expenses a family will encounter. Questions are often asked, such as:
The earlier you can establish a plan to address the potential expenditures for post-secondary, trade school, etc., the greater the chance you will be prepared to meet those costs. This process can generally be accomplished in 2 – 3 hours.
We’ll help you answer the following questions:
Some people that have insurance, don’t need it. Some people that don’t have it, need it. And, there are those that need it, but can’t get it. We can help you determine what is best for you. Our advice is not based on potential product sales, but rather on what is best for you in your personal situation.
We follow our general process, which is designed to help you determine what’s best for you. This process generally takes 2 – 3 hours.
During our time with you to gather information and make recommendations that are specific to your personal situation, we ask and address questions such as:
Everyone should have a will to ensure that their wishes are carried out upon their death. If you do not have a will, your estate could be settled in a manner that you would not approve.
Quite often, this service is undertaken at the time you are preparing or updating your will(s) with a legal advisor. We often work with your legal advisor to evaluate effective financial solutions to meet your goals.
While the process is similar to other financial planning processes, it is often customized to include the requisite advice from your lawyer. Gathering the information and making recommendations can generally be completed in 2 – 3 hours.
If you have any of the above questions or others, we can answer them without the pressure of product sales.
Corporate Services create benefits for the employee and employer, and is a key component of a comprehensive employee benefit plan meeting employer due diligence obligations to employees.
Seminars for Employees on Financial & Retirement Planning
Financial Counseling for Employees