Our Wealth Planning Process

1. Identify aspirations and a "FIT"

You set the goals and expectations

To develop the right plan for you, and to see if you are a fit with our process, we first gain a full understanding of your family background, priorities, goals and aspirations. We ask questions like...

What will your wealth help you achieve?
Where do you see yourself in five years? Your family?
What would you like to change about your current lifestyle?
How often do you monitor the markets? Your portfolio?
What does an ideal retirement look like to you?
How involved are you/do you want to be in portfolio decisions?
What keeps you up at night?

Purpose: Identify financial goals, investment objectives and risk profile. determine if there is a "fit" with our process

 

Step 1: Identify aspirations in the wealth planning process

2. Customize wealth plan

You select the services you want

Tax and financial planning

Net worth and cash flow projections; income splitting opportunities; use of tax planning vehicles, cross-border tax issues; tax-loss selling; capital gains exemption/deferral; professional incorporation; principal residence exemption.

Retirement planning and income funding

Financial projections; comparing pension alternatives; identifying capital requirements to retire early; timing of pension receipts; CPP/QPP and OAS planning; issues for “snowbirds”; retirement residence planning.

Estate planning

Will planning; choosing an executor; planning for elder care; minimizing estate conflicts; use of Lifetime (Inter-Vivos) or Testamentary Trusts; tax minimization.

 

Step 2: Customize wealth plan in the wealth planning process

Insurance solutions

Risk management; estate preservation; tax-efficient alternative investments; living benefits; also includes a detailed policy review; new business management; life, disability, long term care, and critical illness insurance.

Succession planning for businesses and property

Technical issues regarding business succession (estate freeze, sale of assets vs. shares, shareholder agreements); family governance structures, separating family/ownership/management.

Philanthropy assistance

Private and public foundations and donor-advised funds; donating publicly-listed securities and stock options; donations upon death/gifts of life insurance.

Purpose: Determine wealth management needs

3. Implement solutions

We recommend the best plan and ensure your approval

We meet with you in person to ensure we have captured all of your requirements and that you are comfortable with our recommendations and strategy. Only then do we implement your personalized wealth plan. At this stage, we begin to build a customized portfolio using desired and appropriate investment vehicles, allocating assets accordingly based on objectives and risk tolerances. 

Asset Mix chart

Purpose: Plan and portfolio design, asset allocation & implementation

 

Step 3: Implement solutions in the wealth planning process

4. Monitor evaluate, review

In-person portfolio reviews

Assess progress on your wealth plan.
Discuss investment performance in detail.
Adjust strategy based on any changes in your lifestyle or aspirations.
Discuss modifications required in light of changing regulations or market developments.

►  Published reports

Customize reporting based on your requirements.
Receive detailed account statements on a monthly basis.
Access to research reports and market insights/updates on a daily, weekly and quarterly basis.

Online Account Access

View portfolio holdings in real time.
Group multiple accounts together to view consolidated holdings.
Access/download statements.
View quotes and charts on mutual funds, equities and fixed income.

Purpose: Ongoing financial reviews and portfolio maintenance

 

Step 4: Monitor, evaluate, review in the wealth planning process