Every stage of life requires financial preparation and adjustment. We take an integrated approach that includes a review of your current financial position; assets, liabilities, insurance, cash flow and taxes. We help you create a plan by linking your financial vision to specific and actionable recommendations that will allow you to fulfill it.
Insurance & Family Protection Planning
Having the proper insurance in place is vital to safeguard your income and assets. While you can’t control what might happen, you can financially prepare for it. Beginning with a needs analysis, we determine how much insurance you need to protect you and your loved ones from the financial impact of illness, disability or death.
Being proactive and building a retirement plan now can help you secure your future. We'll work with you to define your future income goals and establish the actions and decisions necessary to achieve those goals. Our process includes identifying sources of income, estimating expenses, implementing a savings program, and managing assets and risk.
Cash Flow Planning
Strategically planning for the organized draw down of your savings in retirement is critical to maximizing social benefits, saving on taxes, and ensuring your money lasts as long as you do. This is one of the most important areas of financial planning, but often the most over-looked in the marketplace.
A properly designed transfer of your wealth to loved ones is vital to ensuring your wishes are carried out as desired. Our estate planning strategies can simplify the process of transferring your wealth in a cost effective, tax efficient, and timely manner. Try the Will Planning Workbook on our resources page.
When we structure an investment portfolio, review your insurance options, or analyze your cash flow, we consider tax planning as part of our recommendations. Active tax planning helps you retain more of your money not only in all stages of your life but also when assets are passed on to your beneficiaries.
Ensuring your child has access to a post secondary education will give them the best possible start in life. As education costs continue to climb the government encourages saving for education early by providing the Canada Education Savings Grant (CESG) and the Canada Learning Bond (CLB). By establishing a Registered Education Savings Plan (RESP) you and your family will benefit not only from the CESG and CLB, but from the benefits of tax deferral as well.
Disability Savings Planning
The Registered Disability Savings Plan is available to help parents and others save for the long term financial security of a person who is eligible for the Disability Tax Credit. Once the RDSP is opened, the Government of Canada will pay matching Disability Savings Grants of up to 300% on contributions to the plan depending on the beneficiary’s adjusted family net income and the amount of contributions. The Canada Disability Savings Bond of $1,000 is also available for low income Canadians with disabilities.
Plan Types Offered
RRSPs/RRIFs, LIRAs/LIFs, TFSA, RESP, RDSP, Non-Registered or cash account.