Like it or not, finding the shortest and safest route to your dreams requires planning. Only with a carefully thought-out financial plan can you be sure to make the most of your resources … and to protect against risks along the way.
In creating and implementing your plan, our team follows a disciplined process known as your Personal Wealth Management Strategy. It’s a comprehensive approach to financial planning that examines all aspects of your finances and provides a roadmap to achieve your stated objectives.
Your Personal Wealth Management Strategy incorporates six modules.
Step One -- Dream Plan Step Two – Portfolio Management System
Wealth management is not about money; it is about your dreams. The first step is to develop your Dream Plan. We will sit down with you to ensure we fully understand what you wish to do with your wealth and the lifestyle you envisage for your retirement. We then create your Dream Plan and use it to measure progress and keep you on track toward your goals.
The overriding objective of portfolio management is to achieve the best return on your investment for the level of risk you are comfortable with. Our Portfolio Management System provides a disciplined framework to evaluate your goals and risk profile and
for your needs. Most importantly, it identifies the overall mix of investments that will enable you to stick with your strategy through market ups and downs so you can achieve investment success. Step Three – Risk Management Review
At this stage, we will assess other kinds of risks you and your family may be exposed to during your lives and develop contingency plans in case they occur. Potential risks include everything from emergencies to critical illness, disability, premature death and long-term care. Step Four – Banking Relationship Review
Are you satisfied with how your savings and credit needs are being met? Through this review, we ensure your current banking relationships are as productive as possible. As independent advisors, we are in an ideal position to shop the market and negotiate the best rates, terms and service on your behalf. Step Five – Estate and Tax Planning
As part of this review, we will examine all of your assets – both current holdings and anticipated growth. We then formulate a plan to pass them on to your beneficiaries or favourite charities, with a view to maximizing your estate and minimizing delays and stress for your heirs. Step Six – Progress Report
At least once a year, we will produce an update report to help you measure progress against your Dream Plan. We will take a reading of how your accounts are tracking toward your personal investment benchmarks and review how your portfolio is performing against market and economic factors. As well, we will determine whether your stated dreams or personal situation have changed and make any needed adjustments to your plan and portfolio.
Through this disciplined process of wealth management, we help you live your dream.
From here, our team can show you how to: