Our Financial Planning Process
We believe financial life planning is a life-long process. Life priorities and goals can, and often do change, as a person ages and a family matures. It’s important that any financial life plan be flexible, dynamic, and adaptable to stay in alignment with one’s changing life priorities and goals.
Vision
The heart of our Financial Planning process is Vision. A clearly articulated Vision and clearly stated life goals are essential to an effective financial life plan.
Wealth
The Financial Planning process focuses on three types of wealth: person, portfolio, and possession.
Tax and Estate
Taxes are a fact of life in Canada, as they are in most other developed countries.
Cash (Flow)
Cash and Cash Flow is “Vision” fuel. After tax income from employment or self-employment, and/or from portfolio investments can be spent or saved.
Risk
We live with risk every day. Risk cannot often be eliminated completely. It can sometimes be minimized and/or managed.