THE POWER OF PLANNING
individuals and businesses have one thing in common when it comes to
investing -- they know that advice and planning are just as important as
the implementation of the right investment strategy."
At BMO Nesbitt Burns, we have been helping affluent
individuals, families and institutions build and manage their wealth for
over eighty years. Most of our high-net worth clients come to us with
the same pressing need: a disciplined process to integrate their
resources, needs and commitments into a unified financial blueprint, and
they need it executed flawlessly. Colin Ryan offers precisely this: a
state-of-the-art financial planning process designed specifically to
meet the customized needs of the high net worth investor.
financial planning combines careful consultation, analytical rigor and
market experience. Eighty years of market research and execution have
given us unsurpassed insight into global markets. Colin Ryan offers a
state of- the-art planning process that will integrate this global
investment perspective with your unique financial profile. A detailed
description of this five-step process follows on the next pages.
Briefly, we begin by articulating and framing the complete picture of
your financial resources and goals. Using a proprietary suite of
analytical tools, we analyze your financial holdings and create a
customized financial blueprint that links your goals and resources to
global financial markets over a time horizon specific to you.
A DISCIPLINED PROCESS
believe that successful investment management and financial planning
should start with a disciplined process that fully leverages our
professional expertise and superb analytics." 1. Review Your Full Holdings
In order to move forward, it is important to know where you are and where you have been.
begin by doing a thorough inventory of your current assets and
investments, including liquid securities and cash, retirement accounts,
pensions, family business interests, real estate and collectibles. We
then review any existing trust and estate arrangements, your tax
situation, and insurance policies.
We then analyze your current
holdings using our sophisticated analytical tools. The goal is a clear
understanding of all investments, tax and financial planning to date,
combined with a clear view of how your assets are deployed.
2. Understanding Objectives and Constraints
will then survey the full extent of your family or corporate goals,
including your own, those of your dependants and heirs, and plans for
Your financial attitudes will be explored. We will want
to understand whether you are concentrating on building wealth,
protecting your wealth, or looking for current income. Our process will
also uncover your tolerance for risk.
This analysis will cover
your lifetime, and will take into consideration future generations so we
can account for other requirements and contingencies.
our increasingly complex and demanding world, time has become the most
precious of commodities – and managing our time is the one element
necessary to retain balance in our lives." 3. Develop a Complete Financial Plan Including the Investment Policy Statement and Personal/ Custom Benchmarks
The foundation of your portfolio is your Investment Policy Statement.
on your situation this may involve a number of professionals, including
for example, experts in tax planning, trusts and estates, investment
management, philanthropic planning, and structured products.
this process we will establish your Investment Policy Statement and
Personal Benchmark. The Investment Policy Statement is the foundation
on which your portfolio is built. It guides Colin Ryan, and the
investment managers as they build and manage your portfolio. Your
Investment Policy Statement will set out your objectives, constraints,
the types of investments you will own, and the management styles
your plan involves rebalancing your current portfolio, or pursuing new
investment strategies, Colin Ryan and his team will implement these
changes and monitor the progress.
If your plan calls for changes
or new arrangements in the areas of tax planning, trusts and estates, or
insurance, we will work with your own lawyers and accountants to help
implement these changes.
5. Monitoring and Review
discipline of our process allows us to effectively monitor and manage
the process on an ongoing basis. Our quarterly progress reports will
provide you with a detailed analysis of your portfolio, summarizing
important information. Reviews can be conducted in person, via
telephone, or the internet, and can be scheduled at your convenience.