Our Full Circle Approach to Financial Planning and Financial Serices is Straightforward and Encompasses the Following Goals and Steps.
Financial Planning is a process. It takes a snapshot of your present financial situation, determines where you want to be in the future, and by what means or tools you will use to get there. In our eyes, everyone does financial planning - some individuals are just more successful than others. We want to be a partner in your financial success.
Our Full Circle Approach to Financial Planning and Financial Services is straightforward in nature and encompasses the following steps.
1 – Information –Identify your financial and personal goalsOur process begins with an introduction. Understanding your immediate needs, priorities, future goals, income needs, retirement goals, risk tolerance, and to clarify your financial objectives will help us get a better understanding of how we are to structure your financial plan. All future recommendations will be based on your financial objectives and values.
2 – Analysis – Clarify your present financial situationWe then conduct a through analysis of your current financial situation with a review of:
3 – Recommendations & SolutionsOptions, strategies and recommendations will be prepared for your review based on the information we obtained in the analysis stage. You may want to investigate some different scenarios with your advisor or look at the tradeoffs between short-term and long-term goals. We provide information so you can make informed and intelligent decisions. Once you are comfortable with the recommendations, a comprehensive financial plan is finalized and an action plan put into place.
4 – ImplementationOur team will implement your plan based on the appropriate selection of products and services. Usually the complexity and length of implementation will depend on the nature of your financial goals and level of risk, among other things. Our Basic Financial Plan can be implemented simply and seamlessly. Some clients have unique Advanced or Sophisticated Plans, in which case implementation strategies are typically rolled out over several stages.
5 – Review, Monitor and UpdateOur door is always open and the cappuccino is hot and ready. We see our clients as much as they want to see us. Periodic reviews and updates are needed to evaluate progress towards your financial objectives. We conduct mandatory annual review meetings, which are required by the regulatory bodies in our industry. However, we understand that life is continually changing and that your financial plan may need to be adjusted on a more frequent interval. Whether you meet with us annually or monthly, we are always here to guide, advise and assist you. We encourage our clients to review their statements and investment valuations, and access other financial tools through our online client centre.