Our proven financial planning process.

Our four-step process to financial planning will provide the necessary roadmap to accomplish your life-long financial goals:

Discovery

Let’s get to know one another. 

In this initial discovery meeting, we create a safe environment to ask the in-depth questions needed to understand your complete financial profile. We’ll discuss what’s important to you including your financial goals, purpose and aspirations to assess where you’d like to go. Background information will be gathered including a review of your current financial position, tax, retirement and estate situation, investment profile and current insurance coverage.

You’ll also get the chance to ask questions and get clarity on anything discussed.

What we’ll need from you:
Clients are reminded to bring the following to this initial meeting and all subsequent review meetings:

  • Most recent tax return, including last year’s Notice of Assessment 

  • Budget of personal and living expenses

  • Pay statements

  • Most recent investment statements

  • Employer pension/retirement plan statements

  • Most recent CPP statement

  • Mortgage statement or details (balance, renewal date, terms)

  • Loan / line of credit statements (with balance owing)

  • Credit card statements (with balance owing)

  • Life insurance and living benefits policies

  • Employee benefits booklet

  • Will & Power of Attorney information

Plan

Plan today for the tomorrow you want.

Following the discovery session, we’ll build a personalized financial plan based on our conversation and the information gathered. A holistic strategy will then be carefully devised by employing innovative planning tools and in consultation with Product and Strategy Specialists as needed. Content of the plan will be customized to your unique financial profile and will align with your goals and purpose, while addressing other areas which may include cash flow, capital or lending needs, retirement, risk management, estate planning, tax minimization and investment strategies. 

For example, specific questions we’ll discuss relating to these topics include:

Cash flow: Do you have cash when you need it?
Retirement: Will you have the income needed for the lifestyle you want?
Income protection: What would happen if your health failed?
Estate planning: What will happen to your assets when you pass away?

Once you’ve had the opportunity to digest the plan, we’ll discuss your input and make any necessary adjustments. When the recommendations are agreed upon and you’re prepared to proceed, it will be time for us to implement the financial plan.

Implementation

It’s time to start achieving your financial goals.

At this stage, we’ll begin to put your financial plan into action so you can rest at ease knowing you have a roadmap to reach your goals. This may require additional effort on your part (e.g. updating or completing a will).

Our team will prepare all documentation for you to review and sign. If insurance is part of your plan, we’ll manage the entire application process from start to finish. Throughout this stage, it’s important to us to take the time to answer any questions you may have to ensure you feel confident with the direction of your financial plan.

Maintenance

As life changes, so does your financial plan.

Your financial plan isn’t a static document; it’s a working document that will be adjusted over time to accomodate any new needs or objectives that arise as you live your life – whether it be purchasing a home, securing new employment, saving for your child’s education, receiving an inheritance, retiring, or those unforeseen life events. 

Your financial success is our priority. That’s why we’ll periodically monitor progress and will be available to adjust the strategies to ensure you remain on the right path. A review session will also be scheduled to check in on the performance of your financial plan.