We are very passionate regarding our clients money management and wealth management execution. Although each plan is different, every plan is provided the same amount of attention so that results are in line with all of your expectations. To provide a tailored plan, the Storino Wealth Management Group follows a proven, disciplined five-step process. Your wealth management plan may include: investment solutions, financial planning, tax-efficient strategies, insurance solutions, or Will and estate planning.
Investment solutions
In order for your portfolio to grow, it is important to find the most appropriate investments based on your unique values, comfort level to risk exposure and portfolio size. To do so, we will create a personalized Investment Policy Statement (IPS) for every client.
The IPS identifies your risk tolerance, ideal portfolio make-up and investment strategies, which we will use in order to achieve your goals. It also defines your relationship with us, by providing examples of when you can expect us to contact you, and outlining ways in which you can contact us to address any of your questions.
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Financial planning
We understand that investments are only a small part of your overall plan to:
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Enjoy your wealth
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Save for retirement
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Help with a loved one’s education
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Create a legacy through charitable gifts
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Build and transfer your estate
A comprehensive financial plan is built from a detailed analysis of your current situation and explores opportunities that will ensure you are on the right course. With the help of our accredited financial planning expert, our team will provide you with a plan that maps out tax-efficient strategies to achieve your goals.
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Tax-efficient strategies
For many of our clients, implementing tax-effective strategies to maximize their wealth is an important part of their wealth management plan. With the complimentary services of our dedicated financial planning expert, we help:
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Preserve your current wealth
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Maximize after-tax retirement income
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Integrate business and personal tax strategies
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Protect the value of your estate for the future
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Insurance solutions
Integrating insurance solutions into a wealth management plan is about more than a life insurance policy. Depending on your unique situation our insurance specialist can develop strategies that:
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Protect your wealth from the unexpected financial burden of illness or accidents
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Benefit from personal and corporate tax savings
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Build wealth for your estate or a charitable contribution
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Minimize the impact of taxes on your estate
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Will and estate planning
Our legal Will and estate expert can help simplify the complex estate planning process so you don’t have to make any compromises to your legacy. With a complimentary consultation, our team can help address your estate planning concerns and objectives, and recommend the steps you need to take to achieve your goals. Whether it’s updating your Will or creating one from scratch, establishing a trust for your loved ones, or setting up a charitable foundation, we can incorporate tax-efficient strategies to your plan.
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Five-step process
A disciplined process is the key
We follow a disciplined five-step process to keep you on-track to achieving your goals. This keeps us all focused on what’s important – helping you live life the way you want. This approach is the key to how our team manages relationships and our clients’ wealth.
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Introduction – We will introduce you to the wealth management services we provide, not just during our first meeting, but also on an ongoing basis as your needs evolve and new services become available.
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Discovery – Together, we will gain a deeper understanding of your individual needs, goals and circumstances to help you clarify your financial objectives. This includes gathering together all your important financial information.
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Strategy & Solutions – Next, we create your personalized Investment Policy Statement that outlines the time-tested strategies we will employ to help you reach your financial goals.
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Financial assessment – Once your investment strategies are in place, we create a fully integrated financial plan that incorporates long-term financial goals, estate planning needs, business planning strategies and risk protection strategies.
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Service – We regularly review your situation to ensure your financial objectives are being met in light of your changing needs.
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The expertise of Canada’s leading wealth management provider
Through Michael Storino, you have access to the resources and expertise of RBC Dominion Securities – Canada’s leader in wealth management. This includes an unparalleled selection of investments, plus top ranked research and strategy to help you make informed choices.
Because investing is just one aspect of managing your wealth, we also provide a range of services that address your various tax, estate and financial planning needs. In addition, a wide range of financial resources is available through our partners at RBC.
