To start our wealth construction process, we first implement the 4 focal points to design a client’s accumulation phase of wealth construction and their deaccumulation phase, where wealth is preserved. We help individuals identify and navigate all the important factors in wealth creation and how it applies to their own unique situations.
Income generation, Investments, Net worth, Taxes, and Insurance are all considerable factors in designing and developing what assets are critical to create and build for an individual, a family, or a company. The assets created today serve a purpose for current lifestyles, but as life evolves your assets should be dynamic and be able to adapt to future needs.
In the early stages of accumulating wealth, we would have established a unique design of assets to support your retirement. The definition of retirement will vary from client to client, different goals and strategies are in place for different achievements depending on the individual, whether that is: tax efficient income, charitable giving, or estate creation. In this stage, we will put the assets created to work for optimum outcomes.
Life is always changing and evolving. It is important to understand what exactly we are leaving behind for our loved ones; and what impact will it have on their lives. This focal point is an important one and needs to be consistently addressed and carefully navigated. Ideally, this should be designed as a combined effort by an entire wealth management team of professionals consisting of us, your advisor, your lawyer, and accountant.
Tax implications, wealth transfer and charitable giving at this stage should be known factors and be pre planned. This is an important focal point that requires planning in the early stages of the accumulation phase, and ongoing maintenance as assets grow and wealth is created. Insurance can be a very important component to prudent tax planning for estates.
Our analytics tool allows us to create dynamic and unique investment portfolios that are completely tailored to you, and a built-in risk management overlay. We do not use a prefabrication approach.
One of the most integral parts of our day-to-day operations, is our state-of-the-art back-office system: OneBoss. This back-office system allows us to manage our client’s portfolios with the utmost efficiency, detail, and clarity for both advisor and client.
We have sole access to the most advanced product reporting and analysis tool in the Canadian mutual fund arena. Direct Access to portfolio managers worldwide As financial advisor, I have direct access to the people constructing the very investments you hold. When we need to do a deep dive and to critical research on your investment holdings, we can connect directly with the portfolio managers to determine if an investment is truly as suitable as advertised.
