Our Process



Laying a Solid Foundation for Your Financial Plan

To be effective, you want a financial plan that takes you from where you are today to where you want to be.

Where you are today

Clarifying your current financial position is the first of six key steps in the financial planning process. That means looking at your current investments, savings, assets and liabilities. To help you with this process we can provide you with a series of questionnaires. Keep in mind that it is always important to capture the most current information. Outdated information can lead to incorrect conclusions.

Where you want to be

To get a clear picture of your financial destination you need to identify measurable financial goals and objectives. For example, stating that you want to retire at age 65 and spend 75% of current expenses is more meaningful than saying that you want to retire early. With an understanding of your current financial position and future destination, we can give you a more detailed analysis of what needs to be done to reach your goal. In addition, with measurable goals, you'll find it easier to track your progress.

Your next step

We can help you with all aspects of financial planning. To begin the process, please contact me directly. Remember, the sooner you can get started, the closer you will be towards reaching your goals.



Putting Your Financial Plan into Action 

You know what your financial goals are and you have outlined a clear route towards achieving those goals. So what's next? Putting your financial plan into action.

Implementing your plan

Proper implementation of your plan is vital if you are to realize your goals. You'll need to make decisions about specific financial products. For example, your plan will outline an asset allocation and diversification strategy so you will need to select the appropriate investments. If your plan has identified that you need additional insurance coverage, you'll need to decide whether Term, Whole Life or Universal Life products are best for your situation. At the same time, you may have conflicting goals, so priorities must be set and trade-offs made.

How we can help? 

With so many options to consider, it's always worthwhile to get some professional advice. When it comes to selecting financial products you want to make sure that they are the right ones to help you realize your goals. We can review the options for you and recommend those that make sense for your plan. And you may find that you are not able to reach all of your goals at once. Working together, we can sort out your priorities.



Don't Leave Your Finances and Investments to Chance in the Event of Incapacity

How will your investments and financial affairs be managed if you become ill and/or are unable to give instructions or complete transactions? A power of attorney for property ensures that the person you choose will have the authority to make decisions about your finances, without delay and additional legal costs. A power of attorney for property is usually a simple document, often prepared in conjunction with your Will. It should be prepared by a lawyer (in Quebec it can also be prepared by a notary).



Philanthropy Today

The nature of philanthropy has changed over the years. According to an Environics study, in the 1950s, philanthropy was motivated by guilt, noblesse oblige and a religious sense of duty, and was often conspicuous. Today, donors are driven by personal quests and a desire to make a difference. They are more focused on the root causes of issues rather than just providing relief to problems. They are also looking for opportunities to learn and grow through their involvement with the charities that they support.

In 2010, approximately 24 million Canadians made a donations to a charity or non-profit organization. This same year, Canadians gave over $106 billion to various charities and non-profit organizations. The average donation was about $446 . 

With the help of Bank of Montreal and The Kaszas Group, we work to ensure that not only your generous donations will fulfill its maximum benefit, but that is done in a financially sound way.

If you would like more information on how you can efficiently donate to local or international recipients, please contact The Kaszas Group.



Ensuring The Optimal Acquisition 

The most common exit strategy of most businesses is often also the highest yielding. Not only for sellers, but also buyers, acquiring businesses can result in great gains.

The key to a successful acquisition is finding a strategic fit. From the seller’s point of view, it is about maximizing value. When a fit is found, the value of the businesses is not determined by market value, but by perceived value. What is worthless to one may be priceless to another. This provides the opportunity for serious gains, above and beyond what the market would gauge. Likewise, when a buyer finds a strategic fit, they will be able to use their existing resources to expand on your business, enter a new market or product, and experience achievements that would have been out of their grasp without the acquired business. As experienced professionals, The Kaszas Group can help find this strategic fit and mold it to your needs, whether buying or selling.