richard.skeels@cibc.com | LinkedIn | (416) 594-8674
How does that sound to you?
Achieving your dreams with as little stress and as much clarity as possible?
We believe with the right behaviours, process, strategies and guidance, you're capable of making your ambitions a reality!
Why? Because I CARE!
What we provide for you:
- Investment management (We provide way more then just investment advice!)
- Help with financial goals
- General financial advice
- Comprehensive financial and retirement planning
- Business succession planning
- Tax-planning
- Estate-planning
- Long-term care planning
Here's how we do it:
Our goal is to ensure you have clarity around your investments and financial planning. We do this through a processed based approach that is unique to working with us. It's called the I CARE Process.
I CARE
Identify Your Vision
Consult Your Current Situation
Analyze Your Finances
Recommend Solutions
Empower Your Future
The I CARE Process is designed to help you articulate where you are now and where you want to be.
It provides us a process to review your financial situation annually. Now, the best financial plan is the one that we stick to. But life is not constant, its ebbs and flow, gets flipped upside down and takes you on a journey. (Sometimes an unexpected one) This is why is it crucial to have a process based approach to reviewing your finical situation annually and updating your plan when necessary.
This is a sample of how we will work together:
The First Meeting:
Remember the curiosity part? This is where my curiosity comes into play. You help us understand you.
We IDENTIFY Your Vision?
Together, we want to uncover your vision and goals for a better tomorrow.
This is done through a discussion about what money means to you, how you use it, and what you use it for.
The goal is to uncover your vision for where you want to be. After all, how can you build a plan if you don't know what you are aiming for?
We CONSULT Your Current Situation?
Here we discuss your current Dangers, Opportunities and Strengths.
This helps us to understand where you are now and how it may impact your ability to get you to where you want to be.
Don't worry if you are unsure on your vision and you current situation.
That is the beauty of the I CARE Process. It is designed to help you articulate your story. Together we will work to frame that story so your money becomes the tool you use to achieve your dreams, not a source of stress and worry.
I'm ready to take the first step
The Second Meeting:
We ANALYZE Your Finances
Here are a few things we look at:
- Your financial resources
- Your financial obligations
- Your household cashflow
- Your family spending habits
- Your current investments
- Your benefits and pension plan
We want to understand how this information paints the picture of where you are now, and how it aids in getting you to where you want to be.
The goal is to realign where needed, so that your finances are matching your goals and dreams.
My finances could benefit from a second opinion
The Third Meeting:
I begin by summarizing your financial story. It is important to me that I have a good understanding of where you are now, and where you want to be. It is also important that you know, that I understand you and your situation.
We RECOMMEND Solutions
Now here is the fun stuff! This is when we recommend your asset allocation, investment strategy and habits that can change your life!
My goal is to focus on recommendations that we can control, and what are those things?
- Your monthly expenses
- Your spending habits
- Your tax bill (Lets get that lower!)
- Your asset allocation
- Your investment strategy
- How you behave (Well I can at least try to control that!)
Now, what can we not control?
- The stock market going up, down or sideways
- Geopolitical news
- Stock market news
- Interest rates going up or down
So how do we put this all together?
Simple, we take a no nonsense approach to investing. Here is how it looks:
- We do not chase trends, fads or memes
- We don't get investment advice from social media or your neighbour (Sorry if I'm offending your neighbour)
- We utilize a diversified investment approach
- We pick investments that are transparent and easy for you to understand
- We don't time the markets
- We build an asset allocation that keeps you calm during volatility while helping you achieve your goals
- We use your financial plan to help guide your investment strategy
Our goals is to help you make the right decisions on what you can control, and guide you through the things we can't control. Put together, it's an affective approach to getting you to where you want to be.
Does my current investment strategy reflect where I want to be?
The Fourth Meeting
We EMPOWER Your Future
This is the most powerful step - we empower your future by presenting your customized financial plan and implementing your investment strategy that reflects the plan.
Your customized plan helps us solve problems, such as:
- Can I afford to retire?
- Can I retire before 65? (Wouldn't that be nice?)
- Can I afford those dream vacations?
- Can I afford that dream plane?
- Am I minimizing estate and income taxes?
- How much do I need to save a year to afford retirement?
The plan will help guide us to building a strategy that is consistent and effective. Allowing you to write your financial story.
We REVIEW Annually
Now life can throw some curveballs. So we review the I CARE Process every year to re-evaluate where you are now and where you want to be.
I know what you are thinking, four meeting to review the I CARE Process every year? No, that's not the case. Once we lay done the framework, we can review the I CARE Process in one meeting.
If anything changes, we will update the plan and if needed, your investment strategy, to ensure you are on track.
So, let me ask you. Where are you now and where do you want to be?
Here is a summary of our process:
Retirement Clarity Call
- We review some of your key thoughts and questions to help you get clarity on your future. From there, if we deicide to work together, great, we book our first full meeting. If not, we shake hand and go our separate ways.
The First Meeting
- Identify Your Vision
- Consult your current situation
The Second Meeting:
- Analyze your Finances
The Third Meeting:
- Recommend Solutions
The Fourth Meeting
- Empower your Future
- Present your customized financial plan
We Review Annually
- Has anything changed? If so, we update the plan or your investments
The time for action is now!
Time does not stop ticking. Actually, it seems to go by faster and faster as the years go on.
This is why the time for action is now, because your dreams and goals should never be a thought in time.
Your dreams should be a reality of your future
Your dreams should be put in into action with a concrete plan and the right people helping you get there.
That is my commitment to you, to be by your side for decades to come. Guiding you through the changes of time so you can get to where you want to be!
This sounds great! So what do I do next?
This starts with a retirement clarity call. They are about 15 minutes and my goals is for you to come out with a clearer picture of where you are now and where you want to be.
I am ready for a retirement clarity call
Not sure I am ready to chat, but I wouldn't mind getting to know more about you