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 CIBC Private Wealth, Wood Gundy  CIBC Private Wealth, Wood Gundy

The O'Keeffe-Basu Group

  • Home
  • Our Team
  • Integrated Planning
    • Our Holistic Wealth Management Process
    • For Your Estate & Wealth Protection
    • For Business Owners
  • Disciplined Investing
  • Interesting Reading
    • Business owners
    • Financial Planning
    • Tax & Estate Planning
  • Market Insights
  • Contact Us
 

Our Holistic Wealth Management Process

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Our Holistic Wealth Management Process

We employ a holistic wealth management process that aims to maximize your net worth, while taking into consideration your unique needs and circumstances. Our integrated process takes into account all aspects of your financial situation, which encompasses everything from your personal and business investments to your tax and estate planning needs. We work closely with you to devise a long-term strategy that mitigates the dangers that could impede your financial well-being, and capitalizes on the opportunities and strengths that will help you achieve your objectives.

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Step 1: Articulate your vision

You have an idea of what kind of lifestyle you would like to have. We collaborate with you to develop an understanding of your personal and financial priorities and values. This could include, planning for retirement, preparing to transition out of your business or funding a major purchase. We look at what resources you'll need to realize these objectives, how much time you'll need to make it happen and how you plan to make your goals fit into your overall budget and life.

a pen, calculator and change on top of a spreadsheet in greyscale

Step 2: Review your current assets and liabilities

You have worked hard to build your personal wealth. In addition to taking a complete inventory of your financial assets and liabilities , we look at your income, savings, current insurance coverage, and any tax strategies you have already implemented, to determine the probability of reaching your goals given your present circumstances.

pink piggy bank with a circle being sawed beneath it.

Step 3: Evaluate and mitigate the dangers to your financial success

You face threats that could interfere with your ability to achieve your financial objectives. We complete a rigorous analysis of your personal and financial circumstances and identify the potential dangers that may impede your chances of financial success, such as a heavy reliance on one spouse's ability to continually earn an income or an ad hoc approach to the allocation of assets and resources.

a directional sign pointing in different ways with the word opportunity on them

Step 4: Identify the opportunities and strengths of your current financial situation

You have opportunities that you can capture and strengths that you can utilize to maximize your wealth. Once we have identified the problem areas, we look at what opportunities you have with respect to your investments, retirement, risk management, estate planning and taxation, that can be exploited to increase of the probability of achieving your objectives. Finally, we focus on the current strengths of your current financial circumstances. For instance, your ability to be self-disciplined about saving or your extensive investment knowledge. In identifying these strengths, we create a positive focus for moving forward and realizing your goals.

a broken planter with money and a plant

Step 5: Develop and implement a sound wealth management strategy

You want a process and methodology to evaluate the progress you are making to achieving your goals. We create a personalized wealth management strategy that is tailored to your objectives and allows for the long-term growth of your net worth. This can include, but is not limited to, such things as: Strategic asset allocation and wealth accumulation strategies, Tax-sheltering and creditor proofing assets, Risk management and insurance planning, Estate and Trust Planning

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Step 6: Monitor and review your plan

You want a wealth management plan that will stand the test of time. We provide you with regular updates on your financial progress, making adjustments to your investment portfolio as required, and ensuring your plan is still in line with your life circumstances.

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CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.