Investment Strategies & Asset Management
We work to provide you with strategies that meet your risk tolerance, tax situation and time horizon. As an independent advisor, we have access to a variety of asset managers and fund companies and are unbiased in our recommendations. Whether you are looking to open an RRSP, TFSA or a non-registered investment, we will make sure you invest with a company that suits your needs.
Critical Illness Insurance
A critical illness can eat away at your savings and RRSP’s. Critical Illness insurance will pay you a tax-free, lump-sum benefit to be used any way you want. You may want to obtain care out of country, take time away from work, make modifications to your home to help with mobility, take your family on a whirlwind vacation, or simply invest the funds to provide you with a supplementary income; Critical Illness insurance is there to provide you with the security of knowing that upon diagnosis of diseases like Heart Attack, Cancer, Stroke, MS, Parkinson’s, you will have the funds available to make these decisions and help you through these times.
People get sick and accidents happen. Disability Insurance protects your income by providing you with a replacement income, thereby allowing your monthly expenses to be paid without compromising your RRSP’s or other savings.
What happens when I die?
How does my spouse receive his/her money?
How and when do my children receive their inheritance?
What is Probate and what will be Probated?
My children are named beneficiaries on my insurance plan – how will they receive this money in the event of my death if they are 19 years old?
With the introduction of the Estate Information Return there are new strict requirements for the Executor of your Estate to follow – are they up to it? Sometimes we think we are being fair by leaving a house to one child and RRSP/Investments to the other child because they are of equal value – but are you really leaving an equal value?? I believe Estate Planning is one of the most important components of any individual financial plan and this needs to be reviewed on an ongoing basis. Let’s have thorough discussions on how we can help you make sure the assets you worked hard to achieve over your lifetime are going to the people or charities you want them to go to. While a Last Will and Testament is certainly one of the most important ways to make this happen, there are additional vehicles we can use that will ensure any assets that are not distributed through your Will can be passed along to your beneficiaries.
A premature death can put your family’s standard living at great risk. Life insurance can provide a replacement income by creating an instant estate. Aside from providing a Tax-Free Death Benefit, other applications for life insurance include:
- Mortgage Insurance
- Estate Tax
- Buy/Sell arrangements
- Business/Key Person Insurance
- Charitable Giving
There are different types of insurance to provide you with the protection you need. Term Insurance, Whole Life Insurance and Universal Life Insurance. Let us help you build the right insurance solution that suits your needs.
Long Term Care Insurance
Long term care insurance is there to help cover the costs of your care and personal support when you are no longer able to care for yourself. This may help you maintain a level of independence by enabling you to obtain additional services the government does not provide.
While there are many phases to retirement planning, the real questions people want answers to are:
Will I have enough money to retire?
When will I be able to retire?
What income streams will make up my retirement?
and a question we are hearing more of
Will I run out of money?
Starting your retirement plan early, taking advantage of compounding returns and paying yourself first are just some of the ways we will help you achieve your retirement goals. Working with a Certified Financial Planner who takes the time to get to know you and who understands what you want your retirement to look like, can help you develop a financial plan that will take you where you want to be. We are committed to offering the most cost-effective products that will deliver maximum value. There are many vehicles we can use to help you reach your goals from RRSP’s, TFSA’s, Non-Registered Savings, to the income streams of RRIF’s, LIF’s and annuities all the while incorporating the other areas of income such as Company Pensions, CPP and OAS.