As your financial advisor, we assist you in the creation, growth and preservation of your wealth. We can take you through a detailed financial strategy. Our initial focus is to understand you, your vision and your goals. Then, we work together to create a plan that best reflects your wishes and financial needs. Our focus is appropriate financial strategies for your life, your family and/or your business.
Financial Health Works advisors recommend only the most reputable and high quality products and services available. With all of our products and services we consider appropriate levels of risk and performance that demonstrate financial strength, cost-effectiveness, efficiency and great service. Our integrated financial services can offer you advice in the following areas:
- Self-directed plans
- Money products: daily interest accounts, RRSPs, RRIFs and LIFs
- Monthly savings plan
- Other specialty plans
- Banking and mortgage products (on a referral basis)
STEP 1: Establishing and defining the client-advisor relationship
We explain or document the services to be provided and define the responsibilities along with the responsibilities of the client. The advisor and client should agree on how long the relationship will last and on how decisions will be made.
STEP 2: Gathering client data and determining goals and expectations
We will asks about your financial situation, personal and financial goals and attitude about risk. We then gather all necessary documents at this stage before giving you any sound advice.
STEP 3: Analyzing and evaluating the client's financial status
We analyze the information to assess your current situation to determine what must be done to achieve your goals. Depending on the services requested, this assessment could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.
STEP 4: Developing and presenting the financial strategy recommendations and/or alternatives
We will offer educated recommendations that address your goals, based on the information you have provided. We review our professional recommendations with you to allow you to make the best informed decisions. We listen to your concerns and considerations, and revise our recommendations as appropriate.
STEP 5: Implementing the financial strategy recommendations
We work with you to agree upon how each recommendation should be carried out. Together, we may choose to have us carry out the recommendations for you or serve as a "coach", coordinating the process with you and other professionals such as attorneys or stockbrokers.
STEP 6: Monitoring the financial strategy recommendations
Together we will agree upon who, and how, we will monitor your progress towards your financial goals. We report to you periodically to review the financial situation and adjust any recommendations as needed. As our client, we will always keep you informed and knowledgeable when it comes to your financial strategy and situation.