Total wealth management is delivered by our unique group of professionals.
Our group is focused on a disciplined process to create a ‘road map’ to help you achieve your personal and financial goals. A financial plan and an investment plan combine to form your total wealth management plan. This results in a custom tailored set of strategies that help you achieve your life goals by optimizing your financial decisions.
Through our total wealth management process, we integrate all of your financial planning, investment, insurance, and estate planning needs into a comprehensive plan designed specifically for you.
Financial planning and investment planning are not same thing. Financial planning is the ‘big picture’ view of your situation, while investment planning is a very important component of financial planning.
Some individuals are more financial planning focused while others are more investment planning focused. This can depend on an individual’s own unique circumstances and preferences and how much time one wishes to invest in planning for their financial future.
Financial Planning
Our comprehensive financial planning approach addresses your issues and concerns, and helps you to clarify your objectives. A comprehensive financial plan can address the following questions:
- Can I retire when I want to and maintain my desired retirement lifestyle?
- How can I ensure that I don’t outlive my money?
- How can I minimize the taxes I pay each year?
- Is my investment allocation appropriate?
- If I were to die unexpectedly, would my family be taken care of?
- How can I protect the value of my estate?
Following your financial planning session, you will receive a personalized report containing specific recommendations on the actions you need to take to achieve your financial goals.
Insurance
Insurance is another name for protection planning. This involves the examination of your current situation to identify potential risks. Life insurance can be an effective component of your overall wealth preservation strategy where your income may be enhanced and your wealth transferred in a tax-efficient manner to the next generation.
We will work closely together with our insurance specialist to help you identify any opportunities that may enhance or protect your wealth. With access to leading insurance solution providers, we can help you incorporate individual and group life, health, living benefits, annuities, segregated funds and deposit products into your overall wealth management plan.
Will & Estate Planning
If you don’t have an up-to-date will, or if your personal or financial situation has recently changed, you may wish to access our will and estate consultation service.
Our Will & Estate Consultant will work with you and your family to uncover any opportunities you have to structure your estate in a more efficient and tax-effective manner. We will cover topics such as: updating your Will, evaluating suitability of trust structures, naming your executor, conferring Powers of Attorney and maximizing your family’s legacy and charitable gifts.
A thorough estate plan ensures that you remain in control of your affairs and property while still alive and provides for loved ones in the event of death or disability.
Following this meeting, you will receive a report outlining various estate-planning issues for you to explore in further detail with your personal lawyer or accountant.
