Financial Needs Analysis

Financial advising – It is likely common knowledge that numerous individuals provide guidance on which investments are the “best ones”. However, you also undoubtedly already know that an RRSP is just one aspect of your overall financial health and only a small part of your financial plan.

Personal financial advising focuses on you as a person and incorporates all the financial and psychological components of your life.

A well-tailored financial solution will assist you in achieving your own financial goals and objectives, as well as provide you with a greater sense of financial security.

There is a six-step process that is used to help clients identify their needs and objectives:

Step 1

We work with you to clarify your present financial situation by collecting and analyzing all relevant data, such as your assets and liabilities, insurance policies, tax returns, wills, and pension plans.

Step 2

After we have collected and analyzed the data, we will help you figure out exactly what your objectives are by helping you define your financial and personal values.

Step 3

Once we have determined where you are and what you want to do, we will analyze any potential financial issues that could impede your financial independence.

Step 4

We take everything we have learned about you and your current financial situation and present you with detailed written recommendations and solutions. These will be customized to meet your demands.

Step 5

We will then assist you in implementing a suitable strategy to ensure that you accomplish your goals and objectives.

Step 6

After implementing your solution, we will continue to evaluate and monitor to ensure that you are on track to meet your goals and objectives.