The Holistic Wealth Investment Process

When working with clients, we follow our Holistic Wealth service approach. We use our Holistic Wealth services and financial planning approach to assist people in managing their complete investment, insurance and debt portfolios.

This includes gathering an understanding of the five Holistic Wealth factors in constructing and managing a portfolio. They are:

Liquidity Needs. How much and when will you need to draw a portion of the account? (such as for a wedding, new car, etc).
Income requirements. Both current and anticipated.
Risk Determination (We complete a Risk Profile Questionnaire together to get an understanding of your risk comfort and capacity.)
Time Horizon. How long do the funds need to last? Retirement can last many years where an education fund may with depleted over a short period of time.
Tax. We tax optimize the portfolio (allocate different investments into different registered and non-registered accounts.)

This means that in order to create a well-designed financial plan, it is important that we fully understand your current and desired financial situation, including debt management and your investment and insurance portfolios.

After an initial wealth assessment, the outline the priorities and action steps to augment and improve your plan.

One aspect to consider when structuring portfolios is Tax Optimization. This involves minimizing taxes (current and future) and may allow you to recover government claw-backs such as Old Age Security (OAS).

We watch for and avoid Concentration Risk, defined as the risk having too much of your portfolio exposed to too few investments, is also monitored on an ongoing basis to ensure proper diversification.

For those who are interested and qualify, we also offer a full Wealth Strategy, which is a comprehensive financial and estate plan, to tie all of your life goals together in a detailed analysis.

We are able to recommend the best solutions and strategies for you, without pressure or bias to certain products. We offer you the choice in our compensation model. We can have a commission arrangement where you pay a commission with each transaction. Alternatively, we offer a fee-based option where you pay a fee (as a percentage of the value of your account). When offered the choice, we find most investors prefer the fee-based approach as this way we are paid to give ongoing advice and this can reduce potential conflicts of interest. Where possible, we prefer to offer solutions where the advisor compensation is not buried in the cost of the product but is clearly apparent to you. We believe this not only provides better transparency, but also allows us the objectivity of selecting investment solutions that are the most appropriate to your personal situation.