Wealth management, now
NOW is bringing the best in financial planning & access to wealth management to all Canadians, and that certainly includes those with more complex wealth planning needs.
Account minimum: Not Applicable
Unlike most wealth management firms that set asset minimums of $1M, we let our Advisors guide who should benefit from this level of advanced financial planning and who will appreciate the process the most.
What does this process look like? Here's a sample, purely for illustration purposes:
Introduction to the Team
Advisor & their Team
President & CEO of New Outlook Wealth
Senior Tax Specialist
Advanced Financial Planning
Discovery / Fact finding
Fact finding with client
Document collection (investment statements, tax returns, insurance policies, wills, powers of attorney, etc.)
Interview client's professional team (accountant, lawyer, etc.)
Portfolio Analysis - Portfolio Manager
Comprehensive review of risk tolerance, exposure, weightings, fees.
Capital gains mitigation analysis
Recommendations
Portfolio proposal - Portfolio Manager
Financial Plan
Tax - current, short term modifications
Tax - future analysis, long term strategies
Debt / Cash flow management
Estate Planning recommendations
Advanced insurance strategies
Plan Deployment
Portfolio changes - Portfolio Manager
Financial plan changes - Advisor
Insurance changes - Advisor
Tax changes - Accountant
Will changes - Lawyer