InvestWell

The TFP Process

The TFP Process

Custom-tailored programs for every client.

WE ASK THE RIGHT QUESTIONS TO UNDERSTAND YOUR NEEDS AND SITUATION.

Our process starts with gathering information to understand you, and then is followed by collaborative meetings and ongoing efforts to keep you fully informed of our progress.

We ask a lot questions. Some investment related but others are life-focused. All part of long-term financial planning and demonstrates our holistic approach to your future. We need to know where you’ve been, where you are now and where you ultimately want to go; defining in specific terms the life you want to live. Then we craft a custom plan to achieve it.

To help, we’ve developed five investment questions, followed by six readiness questions. While these topics can’t address everything, they offer a comprehensive starting point and give prospective clients insight into how we think and what we’ll do, before they engage us.

FIVE INVESTMENT QUESTIONS

Advisor on Phone

  • How are your investments doing?
    You deserve solid returns with acceptable risk.
    We take stock of where you are now.
  • How much income will you need?
    The right investment strategy will get you there,
    after tax and inflation, to live the life you envision.
  • What about your tax advantaged accounts?
    (RRSPs, RRIFs, TFSA and RESPs?)
    This helps us to better understand your needs
    and withdraw funds with the least possible tax.
  • Do you have an Estate Plan?
    It makes great sense and offers real peace of mind
    to safeguard your financial legacy for loved ones.
  • Do you have a Tax Strategy?
    A simple, common sense step can mean so much.
    Don’t default what’s within your power to control.

As you begin planning your financial future, it’s helpful to define the areas that matter most. We’ve developed six questions to ask yourself to begin this important process. Why is this so important? Because if you don’t plan, the government plans for you.

 

SIX INVESTMENT READINESS QUESTIONS

  • Is my current income tax level acceptable?
    Are strategies in place to cut my current and future taxes?
    Are my investments tax-efficient?
  • Will I have enough for retirement?
    Where will the money come from? Are return expectations
    realistic? What about RRSP tax-efficiency?
  • Are my investments right for me?
    Do I have an investment policy? Am I diversified? Will I
    be able to stay ahead of taxes and inflation?
  • Is my family protected without me?
    Am I protected if I get hurt? Do I have adequate Life and
    Disability coverage?
  • Will taxes jeopardize my family legacy?
    Will half of my estate go to pay income taxes? Where will
    my family get the money they need if I’m no longer here?
  • How well am I doing? Really?
    How has each investment performed? Overall, how well
    have I done? What’s my cost base for tax purposes?

 

COLLABORATIVE MEETINGS

  • Initial Discovery Meeting
    To get to know each other and see if we have a fit. We’ll ask the right questions, but you’ll find we’re even better listeners. With your goals defined, we get to work.
  • Plan Presentation Meeting
    We present the strategy designed to achieve your goals. Options and all associated costs are disclosed before getting started, without cost or obligation for you.
  • Moving Forward Meetings
    Should you engage us, we’ll meet regularly. Statements keep you informed with updated performance, and we’ll always be vigilant to keep you on track.

Happy Customer