Planning
Whether it’s owning your own business, home, funding your children’s education, or creating a confident retirement, a financial plan is considered vital in working towards your goals. A well-grounded and effective plan goes beyond the realm of saving, budgeting, and investing. It also considers other elements of your financial picture, including business succession, insurance planning, tax planning, retirement planning, estate planning, estate equalization, and much more.
By understanding the role of financial planning in pursuing your short, intermediate, and long-term financial goals, you'll be better equipped to control your financial future.
A Better Way to Approach Financial Planning
- Discovering You: Our process begins with a holistic discovery meeting designed with a goal to gain a clear picture about you and your goals. This is also an opportunity for you to learn more about what we do, and see if we’re a good fit for your needs.
- Personalized Planning: Once we learn who you are, we'll start developing your holistic plan. Through our strategy-building process, we’ll create a set of personalized plans – for the short, intermediate, and long-term – all with an aim to fulfill your overall financial strategy. Through our process and approach, each session will strive to bring us closer to the financial objectives we set together.
- Implementation: Whether it’s making the right investment decisions, choosing the right insurance plan for you and your family, saving to reach your retirement goals, or creating an estate plan that preserves your legacy; we will be right there by your side as you take each step. You don’t have to go it alone, we’ll stand with you, moving through your plan one step at a time.
- Review and Support: Many people find that even with an effective plan in hand, without encouragement to take each step, they flounder and get discouraged with a lack of progress. So, we’ll be your biggest cheerleader! We believe in celebrating each time you successfully implement a step in your financial plan. We all need help to stay on track toward our objectives. Through plan reviews, we’ll stand with you, making modifications to your strategies and plans as needed.
Book an initial consultation with one of our financial professionals to create your personalized financial plan.
Investments
It’s been said that you reap what you sow. And when it comes to enjoying your investments, truer words have never been spoken. Even if you don’t have thousands of dollars to invest, simply taking the time to choose where to park your money can be rewarding.
Through developing a personalized investment strategy, diversification, and avoiding short-term distractions, we aim to help create and preserve your wealth so you can work toward your financial goals.
Our Approach to Investing
- Create a point-in-time snapshot: We analyze where you are in terms of your current portfolio. In some cases, we can provide immediately actionable steps aim to that benefit you; like leveraging tax-selling or profit-harvesting opportunities.
- Develop an investment strategy: From your snapshot, we’ll draw-up personalized investment strategies that will help you pursue your financial objectives. This may be accomplished by building upon your existing portfolio or proposing a set of tax-efficient investments that are aligned with your personal financial goals.
- Implement your plan: Our dynamic approach to investment planning evolves with your changing circumstances. We’ll guide and advise you on investment plan transitions as you go through life and lifestyle changes.
- Consult, and counsel: Ours is an ongoing partnership. Throughout our relationship with you, we’ll review your investments, keep you informed, and communicate constantly with you about proposed changes and potential risks or opportunities for your investments.
Book a meeting with one of our professionals to learn more about our investment planning strategies.
Investmenting involves risk including loss of principal.No strategy assures success or protects against loss. Asset allocation and diversification do not ensure a profit or protect against loss in declining markets.
Insurance
If there’s one thing certain about life – it’s the uncertainty that living it brings. The true irony of “unexpected” things is that we all expect them to happen. Knowing that, the best thing to do is to plan for them.
Even though you may think you’ve covered all the bases, life sometimes has a funny way of throwing you a curveball when you least expect it. Fortunately, while you can strive your best to plan wisely and thoroughly, you can also hedge your bets against the unexpected through strategic Insurance Planning.
Why Planning with Insurance is so Important
Without proper planning, be it Investment Planning, Retirement Planning, or Estate Planning, you’ll likely not invest successfully, retire comfortably, or leave a meaningful legacy for your beneficiaries. And without a well-thought-out Insurance Plan, every one of those facets of a financial plan could be exposed to unforeseen risks.
Good planning helps you identify and plan for all the risks involved in every aspect of your financial life. Thoughtful Insurance Planning helps mitigate the risks you can’t foresee or those that you are unable to plan around.
What an Effective Insurance Strategy Can do for You
There are a lot of opinions about insurance; some in favor, and some who think it’s pointless. Our team has worked with people in every walk of life, and one thing that’s been proven time and time again is this: When the unexpected happens, everyone is glad they planned for it, and many wish they had. That’s why we believe strongly that it’s far better to plan than not to. Here are some of the life changing reasons our clients have put insurance to work in their plans:
- Comprehensive Review: We’ll review existing plans, if you have them, to ensure they continue to fit your needs. But if you don’t have an insurance plan, we’re here to advise and guide you on which plans are suitable for you and your family.
- Death-event security: If you have people that depend upon you being around for many years to come, like your spouse/partner, minor children, aged parents, we’ll advise on what life insurance policies address your needs.
- Retirement income through policies: Sometimes, the best way to guarantee retirement income is the simplest – Annuities or Cash Value Life Insurance. Of course, these products vary in terms and pay-out options and conditions. Our professionals will help make sense of it all.
- Critical illness protection: You may be in the best of health now, but illness has a way of sneaking up on the fittest amongst us. Let us help you determine if you need to insure against a critical illness and, if so, under what terms.
- Disability and long-term care protection: Accidents, at home, at work, during your commute, can leave you severely disabled and financially stressed. As can debilitating illness. We can help you insure against such unexpected turn of events.
- Funding children’s education: Even though your children are of tender age, sometimes insuring their lives may make good sense in the long-term, especially in helping to pay for college or university. Paying just a few hundred dollars a month in premiums now, could potentially result in a windfall payment by the time your child is of college or university-going age. We’ll help you decide if this is a good option for you by doing the math.
- Insuring estate and succession plans: When structured correctly, insurance can be a great estate planning tool as well, especially when it comes to shielding your beneficiaries from paying exorbitant taxes or fees on their inheritance.
- Business Insurance: Partners in business may also use insurance policies as a financial tool to aid in succession planning. We’ll help you structure an insurance plan that makes sense for your needs.
- And even more!
Contact us today to learn more about insurance planning.
*The cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased. Before implementing a strategy involving life insurance, it would be prudent to make sure that you are insurable by having the policy approved. As with most financial decisions, there are expenses associated with the purchase of life insurance. Policies commonly have mortality and expense charges. In addition, if a policy is surrendered prematurely, there may be surrender charges and income tax implications. Guarantees are based on the claims paying ability of the issuing insurance company.
