This is an opportunity for us to get to know you and your family (or your company if you are a business owner) and for you to ask ANY questions that you deem to be important in order to feel comfortable in dealing with our firm. Although the "getting to know you" process doesn't end here, it is certainly a good start.
6 STEPS TO FINANCIAL FREEDOM
The fact finding portion of the process may take place during our first meeting, however, we typically schedule a follow up meeting in order to allow you time to gather all of the relevant information we'll need to compile a recommendation report. At this time you will also be provided with a letter of engagement that outlines the services we'll provide and the time line you should expect to see them completed.
Once we have gathered all of the relevant information we'll take it away in order to build our recommendation plan that is unique and customized to your current situation.
Our review is now complete and it's time for us to present and review our recommendations with you. We will always present solutions to address each of your needs to their fullest extent. For example, if our review of your situation concludes that you need $750,000.00 of life insurance we will illustrate a life insurance policy for that amount. It's at this point in financial planning process that we "fine tune" our recommendations to reach a balance between your theoretical needs and your actual budget. Sometimes this means addressing the needs in order of priority (e.g. we come to the consensus that covering your entire life insurance need is more important that starting an RRSP and only 1/2 of your life insurance requirement)
Now that we've decided on which needs we're going to fill and how, it's time to put the plan in motion. Our job now is to prepare all of the applications for the relevant products & programs we're going to put in to place. We'll provide you with contact information for our agency as well as the companies we'll be utilizing just in case you ever need to have some questions answered.
As part of our ongoing service we'll review these recommendations on an annual basis (or sooner if necessary) as needs and objectives change over time. Financial planning is a fluid process that is always evolving and it is our intention to be on top things in order to keep your financial planning objectives on track.
Our Process