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The advantages of working with a financial advisor


In recent years there has been much discussion about the role of financial advisors and the value they provide to clients. While there are many tangible ways for an advisor to earn the fees you pay, helping you achieve your financial goals is always our top priority. Here’s a brief summary of how we can provide value to you:

Customized financial planning
We can work with you to create and maintain a comprehensive financial plan that is customized for your life stage, financial circumstance, long-term goals, etc., and can be modified as your personal circumstances change. Within your financial plan, we will build, monitor and adjust your investment portfolio to best match your financial objectives and risk tolerance.

Maintain a disciplined investing regimen
Several studies, including the July 2012 CIRANO report, “Econometric Models on the Value of Advice of a Financial Advisor,” have shown that investors who work with an advisor do a better job of saving regularly and saving more than investors who don’t have an advisor. Advised clients also regularly take advantage of important, wealth-building registered vehicles such as:

  • Registered retirement savings plans (RRSPs)
  • Registered retirement income funds (RRIFs)
  • Registered education savings plans (RESPs)
  • Registered disability savings plans (RDSPs)
  • Tax-free savings accounts (TFSAs)

We can help you remain a disciplined investor. When markets are highly volatile and you’re tempted to abandon your financial plan, we can help keep you focused on the long term and not let you give in to emotions that can impede your ability to achieve your long-term financial goals.

Tax and estate planning
Effective tax planning helps you minimize the taxes you pay, which keeps more money working for you. Estate planning is essential if you are interested in leaving an inheritance or pursuing other forms of intergenerational wealth transfer. Legacy planning is important for those who wish to create and execute a strategic plan for charitable giving.Tax and estate planning can be complicated, we can work with you to make sure your needs – and those of your loved ones – are met.

Access to related professionals
Whether it’s tax and estate or other highly complex matters, we have access to a network of professionals such as lawyers, accountants, insurance experts, taxation experts, etc. to provide specialized support when required. If you’re a business owner, we may refer you to a consultant who can help you operate your business more efficiently and, if applicable, prepare for succession planning. 

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