Our Process

Key Steps to Financial Planning Success*

1. Determine your Current Financial Position

This starts with creating a snapshot of where you are today. We will review your personal situation, investments, liabilities, income and expenses.

2. Identify Measurable Goals and Objectives

The next step is to identify your vision, understand your needs and set achievable goals.

3. Identify Financial Barriers or Issues

Working through BMO Nesbitt Burns sophisticated planning software we create a systematic plan designed specifically for you. Your plan will have clearly defined goals, achievements and appropriate benchmarks. Should any barriers be identified I will educate you on the issues and make adjustments accordingly

4. Provide Alternative Solutions to Create a Strategy

After a thorough review of your situation I recommend a strategy that takes all your objectives and personal circumstances into consideration.

5. Implement the Strategy

Upon review of suggested strategies and understanding how they will assist in meeting defined goals I show clients the process required to implement the strategies.

6. Periodic Review and Adjustment of the Plan

The next steps in the process are monitoring performance of investments and contact on a regular basis. This allows us to track progress versus your goals and make any adjustments along the way.

*Advocis (the Association of Financial Planners) recommends six key steps to the financial planning process.