The Retirement Assessment Tool

The Major Purchase Assessment Tool

The Education Assessment Tool

Financial Planning

Financial Planning is the key to identifying and achieving your retirement lifestyle goals. By spending time listening and clearly understanding your needs we can begin to develop a plan to meet key objectives. Financial Planning is for all who take their financial future seriously.

Investment Asset Allocation - After a plan is constructed, your investments are allocated into different asset categories thus providing diversification. Diversification is important in reducing risk. A plan with clear objectives allows us to manage assets using the least amount of risk possible.

Safety is commonly the criteria that clients focus on first. Through proper planning and investment allocations we can mitigate risk. By using low risk investments wherever possible this criteria is kept at the forefront while still striving to achieve long-term plan goals.

Liquidity is the ability to assess assets when needed. Unexpected events often arise in this needs to be integrated into the plan. In addition to simply assessing funds when needed, liquidity is an extension of the safety criteria as investment environments are constantly changing and being able to make adjustments at any time without fees, costs or restrictions is crucial.

Guaranteed Income is part of the retirement income discussion. Typically we plan for the necessities of life such as housing, food, utilities and healthcare to be covered by income sources that are guaranteed for life. Examples are Annuities, Pensions including private plans, CPP and OAS and some segregated fund contracts.

Investment Selection is finally made when all aspects of the plan have been determined. Top of class managers are selected and monitored. Exchange Traded Funds (ETFs) and other direct investing vehicles can be used to reduce costs. Together a balance of performance, costs, risks and liquidity drive the investment vehicle choices.

Fee Transparency is critical to meeting planning goals. Throughout the investment selection process we will ensure fees are transparent and reduce costs wherever possible. Other than investment vehicle choices one way to reduce costs is by using a Fee Based investment account (for those that qualify). Manulife Securities calls this their Premier Investment Program. Servicing dealer fees are charged based on assets under administration and not traditional commission or transaction-based compensation. This way you can be certain you are receiving unbiased advice is your advisor compensation is aligned with your goals.

Asset protection is important when ensuring one's plan is fulfilled to the end. Unexpected held for life events can often derail a plan by causing one to raid or withdraw from retirement assets. This could be partially protected through Living Benefit coverages.

Estate Planning may be the last part of your plan that's executed but it is among the most important. Planning for tax efficient distribution of the state assets doesn't need to be complex in most cases but a little thought and planning is required.

Monitoring and ongoing communication - with regular open access to your advisor, issues and concerns are addressed efficiently and in a timely manner. Online account access is available if desired.

Personal and direct contact with an experienced independent advisor with specific knowledge of your financial circumstances and goals is critical. This is a key area where my services differentiate from bank or large corporate group providers. As your advisor, personal information on all conversations will be kept confidential. You'll receive committed service and independent personal advice tailored to your specific needs


Contact me for complementary personal financial review and to discuss how to begin developing a financial plan that's right for you.


In the business of providing financial solutions

We can help you discover the importance of a sound financial plan and create a roadmap to help you achieve your goals.


  • Comprehensive retirement planning
  • Goal setting and asset allocation
  • Retirement income projection
  • Pension, CPP and OAS analysis
  • RIFs and annuities


  • Transfer wealth effectively from one generation to the next
  • Minimize probate and estate taxes on transfer of family wealth
  • Estate bind
  • Inheritance


  • Estimate future education costs
  • Create education savings plan
  • Maximize government grants
  • Create Education Savings Plans (RESP)


  • Effectively transfer farm assets to children
  • Farm succession without dissolving the farm operation
  • Ensuring each child gets their fair share of the estate


  • Utilize financial products with preferential tax treatment
  • Tax deferral and tax conversion
  • Income splitting


  • Business risk management
  • Business income and tax analysis
  • Corporation/Holding Company investment management
  • Group benefits


  • Investor profiling
  • Risk tolerance analysis
  • Tax efficiency of investments
  • TFSA or RRSP?
  • Regular review and rebalancing as needed


  • Life
  • Disability
  • Critical Illness
  • Health
  • Long Term Care
  • Travel
  • Mortgage insurance


Six Step Financial Planning Process

Step 1: Establishing and defining the client – planner relationship

the financial planner should clearly explain or document the services to be provided to you and defined both your responsibilities. The planner should explain fully how they will be paid and by whom. You and the planner should agree on how long the professional relationship should last about how decisions will be made.

Step 2:  Gathering client data, including goals

The financial planner should ask for information  about your financial situation. You and the planner should mutually define your personal and financial goals,  understand your time frame for results and discuss,  if relevant,  how you feel about risk.  The financial planner should gather all the necessary documents  before giving you the advice you need.

Step 3:  Analyzing  and evaluating your financial status

The financial planner should analyze your information to assess your current situation  and determine what you must do to meet your goals.  Depending on what services you have asked for,  this could include analyzing your assets,  liabilities, and cash flow, current insurance coverage,  investments or tax strategies.

Step 4:  Developing  and presenting financial planning recommendations and/or alternatives

The financial planner should offer financial planning recommendations  that address your goals,  based on the information you provide.  The planner  should go over the recommendations with you to help you understand them so that you can make informed decisions.  The planner should also listen to your concerns and revise the recommendations as appropriate.

Step  5:  Implementing the financial planning recommendations

You and the planner should agree on how the recommendations will be carried out.  The planner may carry of the recommendations  or serve as your "coach" ,coordinating whole process with you  and other professionals such as attorneys or stockbrokers .

Step  6:  Monitoring the financial planning recommendations

You and the planner should agree on who will monitor your progress  towards your goals.  If the planner  is in charge of the process,  they should report to you periodically to review your situation and adjust the recommendations,  if needed,  as your life changes.