DBARDAL@ASSANTE.COM

JBALDWIN@ASSANTE.COM

PHONE: 204-977-8068
FAX: 204-943-1561
1345 Taylor Avenue
Winnipeg, Manitoba, R3M 3Y9

Our Process

It would be our pleasure to sit down with you and review your personal situation and answer any questions you may have in regards to Financial and Retirement Planning! The following are some of the services we provide. How can we help you?

Our Services | Wealth Coach Program

Our Services

Financial Planning Issues

  • Will I have enough?
  • Will I be able to retire when I want to?
  • Will my money last as long as I do?
  • What would happen to my plans if I got sick, lost my job or died?
  • Will my spouse be okay?

Tax & Estate Planning Issues

  • Overview of Wills
  • Overview of Powers of Attorneys
  • Living Wills
  • Charitable Gifting
  • Testamentary Trusts
  • Intergenerational Transfer of Wealth
  • Tax Efficiency
  • Income Splitting

Insurance Issues

  • Pension Maximization
  • Tax Sheltered Investments
  • Insurance Planning for Multiple Generations
  • Estate Liquidity & Tax Planning

Retirement Planning Issues

  • Accumulation (RRSP, TFSA, Non-registered...)
  • Prudent use of Leverage
  • Retirement Income Vehicles... RRIF, LIF, PRIF, Annuities...
  • Choosing Retirement Benefit Options

Budget & Debt Reduction Planning

  • Create Household Budget
  • Plan for large expenditures (down-payment for a house, wedding, etc.)
  • Strategies for efficent debt reduction

Education Savings Plan

  • Registered Education Savings Plans (RESP)
  • Education Grants
  • In trust for Accounts
  • Lifelong Learning Program

Healthcare Issues

  • Critical Illness
  • Long Term Care
  • Registered Disability Savings Plans (RDSP)

Wealth Coach Program

We believe in an integrated approach to your family's wealth management needs. Our practice would co-ordinate your wealth management plan and as required consult with your other advisors, such as your lawyer and accountant. We feel this integrated approach is the best way to capitalize on your financial opportunities and to help you achieve your personal and financial goals.

The Result: A written comprehensive plan and investment strategy tailored to your needs will give you added piece of mind, knowing that you are on track to reaching your financial goals.

We refer to our process as "The Wealth Coach Program", it is a comprehensive life management system for successful people who want to enjoy complete confidence and peace of mind about all of their financial affairs.

The Wealth Coach Program is ideally suited to people who:

  • Are serious about making smart decisions with their money
  • Want to manage their investments intelligently
  • Seek experienced, trusted, professional coaching on an ongoing basis
  • Believe that process is important
  • Understand there are no shortcuts to any place worth going
  • This program is most suited to investors who are serious about growing and preserving their wealth and have investable assets of $250,000 or more.

3. The Dark Room - Creation of a Draft Financial Plan

Based on the information provided and our conversations I will create a preliminary personalized comprehensive financial plan. The plan will address key aspects of your relevant financial affairs and include analysis, commentary and recommendations relating to your net worth, to your investment portfolio, to tax saving strategies, risk management, estate preservation strategies, retirement income funding and everything in between.

4. The Final Touches - (Meeting 3)

We will again sit down together and review the draft plan. We will discuss some options and alternatives and this is the time when we set up your "game plan", by making any required adjustments.

1. Implementation of your Financial Plan by Priority

We clearly identify the most important steps to be taken and implement them in order of priority. When recommendations are in priority order, implementation is easier. Completion leads to a sense of satisfaction and energy and real progress.

2. Investment Policy Statement

An investment policy statement (IPS) is a business plan covering one's personal financial affairs. It provides the direction and framework within which investment decisions can be made rationally. Without an IPS investment decisions are often driven by emotions such as fear and greed, and are fired by heavy reliance on the daily market as a guide. Your IPS will recommend a specific portfolio asset allocation, a range of types of investments, geographic diversification and different management styles and it projects an expected rate of return.

3. Risk Management

It is essential that our clients be aware of the major areas where they might be vulnerable to having their financial plan derailed. A thorough analysis of each client's situation is undertaken including possible areas of need and consideration of various solutions.

4. Tax Planning Review

We will look at tax strategies to help you accomplish your long term financial goals with maximum efficiency.. Are you doing all you can do? In some cases accountants, lawyers or our Wealth Planning Department may get involved and help create tax saving strategies for you, your family and for business owners - your business.

5. Your Wealth Health Organizer

Just as we organize family photos in an album, we should organize financial documents in one place. We have developed the Wealth Health Organizer!! This binder should contain every single document relating to your financial life and is the kind of ultimate resource we all intuitively know that we should have. We have found most don't!

It will include copies of your Will, Powers of Attorney, insurance policies from life and disability to home and car insurance, your financial plan, investment statements, information on your bank accounts, credit cards, names and addresses of your Wealth Coach team, information about safety deposit boxes and more! Once complete this binder is an absolute goldmine of information, and will provide immense peace of mind!

6. Your Advisory Team - Making sure the right People are Involved!

We believe it takes a team of people to help you meet all your financial goals. You identify your team, from accountants, lawyers to your power of attorneys and more and we will work with them to ensure successful implementation of your Comprehensive Financial Plan

7. Estate Planning Review

We work with our clients to ensure that their major estate planning issues are addressed, and that their documents (wills, powers of attorney, living wills, insurance) accurately reflect what it is that they wish to accomplish.

1. Regular Reviews

Once implementation has been accomplished, it is important to review progress, and make fine-tuning adjustments as necessary, on an ongoing basis. These regular meetings will serve as a tool to ensuring you are on track, keeping you informed, up to date and motivated! Our goal is to keep you on track!

2. Client Education Events

We believe that information is critical to satisfaction. We offer regular presentations to keep you up to date and informed. Need to know what the new legislation that just passed is all about?... We will have third party resources such as a lawyer, an accountant or a wealth planner in to review and discuss with our clients! Some past events include: Executor School, Charitable Giving as Part of your Estate Plan, Planning your Will Effectively, Planning your Funeral and many more!

3. Regular Updates

As needed we will revisit Chapter 2! Has there been a change in your financial situation...perhaps a new child, or grandchild, a change in career, you are nearing retirement, you received an inheritance... we believe regularly updating your financial plan and IPS, revisiting your goals and reevaluating your needs, is an essential part of your success! To quote Dwight Eisenhower (1890-1969) US President, military leader - "Plans are nothing; Planning is Everything."

4. Newsletters & Regular Mailings

We keep you up to date on new tools and strategies through our website, newsletter as well as regular mailings. We will provide our clients with a login to our website where they can access past newsletters, market commentaries, access their portfolio and be able to register for upcoming events.

Want to know more about how we work? Contact us today to book your introduction meeting, or check under Events to find out when our next Personal Wealth Management Presentation will be held. Our Personal Wealth Management Presentation is an entertaining evening which outlines our process driven approach and gives you the opportunity to learn more about us!

Our Services | Wealth Coach Program