Growth
We believe that Wealth Mangement goes beyond traditional investment strategies. We see it as encompassing your entire investment and financial life. For each of our clients we design L.I.F.E. plans that are designed to offer BIG PICTURE strategies and solutions. With our years of experience in working with our clients we find that there are different phases that they go through at different stages of their life. We call these phases GROWTH, PRE-RETIRED, RETIRED and WEALTH TRANSFER. The age that people enter these phases is not always the same for everyone, but we find that during each phase there are a number of similar issues that will be more important to you during a particular phase than at other times of your life. The L.I.F.E. plan that we prepare focuses on the issues that are most important to you now, but is also be designed to be flexible as you progress to your next phase of life. Below are some of the concerns we encounter as important to clients in the GROWTH PHASE.
This is the period of life where you are building your net worth and time is on your side, but these are also the years where establishing good habits and creating a good plan is extremely important.
- Establish saving and investment habits to make it possible to reach multiple goals.
- Period of multitasking, learning to deal with the many challenges of family and career.
- Review insurance needs, with particular attention paid to family protection.
- Long term thinking, 20 – 30 year accumulation and growth.
The points listed above are some of the concerns common to this group. The ‘Growth Phase’ is typically a very busy time of your life where you are constantly dealing with multiple changes all at the same time; personal, business and family responsibilities.
Pre-Retired
We believe that Wealth Mangement goes beyond traditional investment strategies. We see it as encompassing your entire investment and financial life. For each of our clients we design L.I.F.E. plans that are designed to offer BIG PICTURE strategies and solutions. With our years of experience in working with our clients we find that there are different phases that they go through at different stages of their life. We call these phases GROWTH, PRE-RETIRED, RETIRED and WEALTH TRANSFER. The age that people enter these phases is not always the same for everyone, but we find that during each phase there are a number of similar issues that will be more important to you during a particular phase than at other times of your life. The L.I.F.E. plan that we prepare focuses on the issues that are most important to you now, but is also be designed to be flexible as you progress to your next phase of life. Below are some of the concerns we encounter as important to clients in the PRE-RETIRED PHASE.
These are the transition years, the time to reorganize and prepare for a retirement or semi-retirement lifestyle.
- Reorganize investments to provide income and reduce volatility.
- Review income streams from Pensions, registered and non-registered investments.
- Prepare sale of business or phasing out of active participation.
- Potentially Downsizing home.
- Seriously investigate transitioning into new activities to replace a life of work, something that is meaningful to you.
Pre-Retirement is the time to pay close attention to the structure of, not only your investments but all the parts of your life: Pensions (private and government), Insurance (personal and business), Health care plans, life style expenses and tax structure, to name but a few.
Retired
We believe that Wealth Mangement goes beyond traditional investment strategies. We see it as encompassing your entire investment and financial life. For each of our clients we design L.I.F.E. plans that are designed to offer BIG PICTURE strategies and solutions. With our years of experience in working with our clients we find that there are different phases that they go through at different stages of their life. We call these phases GROWTH, PRE-RETIRED, RETIRED and WEALTH TRANSFER. The age that people enter these phases is not always the same for everyone, but we find that during each phase there are a number of similar issues that will be more important to you during a particular phase than at other times of your life. The L.I.F.E. plan that we prepare focuses on the issues that are most important to you now, but is also be designed to be flexible as you progress to your next phase of life. Below are some of the concerns we encounter as important to clients in the RETIRED PHASE.
We believe that this huge lifestyle change is something to transition into gradually as opposed to jumping into ‘cold turkey’! Protection of principal and predictability of income stream become more important now.
With ever increasing life spans many of us are looking at the likelihood of living as many years in retirement as we did working. Emphasis is no longer on growing assets but rather on managing them and navigating the challenges of this new stage of life.
- Structure investments for tax efficient cash flow.
- Pension splitting.
- Insurance need; estate protection, travel, replacement of general health care plan.
- Downsizing / right sizing home.
- Tax and medical issues if snowbird.
- Medical, potential expenses.
- Family obligations.
- What to do with free time.
Wealth Transfer
We believe that Wealth Mangement goes beyond traditional investment strategies. We see it as encompassing your entire investment and financial life. For each of our clients we design L.I.F.E. plans that are designed to offer BIG PICTURE strategies and solutions. With our years of experience in working with our clients we find that there are different phases that they go through at different stages of their life. We call these phases GROWTH, PRE-RETIRED, RETIRED and WEALTH TRANSFER. The age that people enter these phases is not always the same for everyone, but we find that during each phase there are a number of similar issues that will be more important to you during a particular phase than at other times of your life. The L.I.F.E. plan that we prepare focuses on the issues that are most important to you now, but is also be designed to be flexible as you progress to your next phase of life. Below are some of the concerns we encounter as important to clients in the WEALTH TRANSFER PHASE.
This is something that should not be ignored, it is a time to make a few simple decisions. Not necessarily difficult if done properly, but because it is something that most people only go through a few times in life (at most) there can be a tendency to put it off, which is a mistake.
- Review of potential taxes and probate fees. Strategy to minimize these fees wherever possible.
- Strategies for Registered plans, non-registered investments, business assets.
- Products / tools to use.
- Immediate, Delayed or phased in over time.
- Leaving a legacy based on what you want to occur.
- Charitable Giving Strategies.
The government has a default plan for your wealth, if you want something different we need to become involved and make a plan.
Vicki, Jan-Delle and Ron
How are we Different? - Our Core Beliefs & Guiding Principles
The 'Typical' Client that we deal with is anything but typical, however they do share many of the same challenges and this is where we excel, we focus on the process of determining what is appropriate for each individual before suggesting their L.I.F.E Plan.
We care about your financial future, we understand that your assets represent your past and your future, our job is to offer sound advice for the best way to navigate the challenges.
