Financial Plan

I prepare a tailored, comprehensive financial plan dealing with your net worth, tax, estate, education, and insurance and retirement issues at no cost. I also offer preparation of tax returns and ongoing financial advice.

You may already have a financial advisor. If you do not have one and are interested in having a financial plan prepared or have some other special issues particular to you analysed, I will be happy to do so on a fee-for-service basis.

Investment Process

An Investment Policy Statement is prepared based on your age, expected retirement age, net worth, income needs and risk preference. Based on the Investment Policy Statement, the Proposed Portfolio is designed and submitted to the client for approval.

Reporting

A detailed review of your investments is performed 2-3 times a year. It is discussed with you, preferably in person. It includes:

  • Review of asset allocation and suggested changes, if any
  • Performance of funds compared to the related benchmark
  • Proposed investment changes, if necessary

Portfolio Balancing

Your portfolio is balanced at least twice a year.

Financial Plan Review

Your Financial Plan is reviewed every year and completely updated every three years.

Newsletter

A custom designed newsletter accompanies each report. It includes:

  • Current market commentary
  • Appropriate strategy change, if any (e.g., change in asset allocation, cash component etc.)
  • In addition, it may include articles on topics of current interest
Fees

  • Ongoing fees (0.8-1.2%) are based on assets under management. They range from 1.0-1.5% depending on account size. Combined with fees MER of the funds, total investment cost is normally below that charged by the traditional mutual fund companies and Wrap Accounts offering similar services
  • A front-end fee is charged to compensate for one-time activities mentioned above