Question: How do I know which institution is the right one to help me achieve my financial goals?
Answer:
CIBC offers solid financial strength and a range of resources and solutions to meet your needs. With 44,000 employees and more than $440 billion in assets under management, CIBC was named Canada's best provider of wealth management services for 2014 by the renowned British magazine World Finance. CIBC Wood Gundy, a division of CIBC, has been specializing in comprehensive investing and wealth management for more than 100 years. We provide our services both to individuals and their families and to companies. We can assist you in growing your investments, planning for sharing your estate with future generations and determining which personal insurance is best for your situation.
Question: What are the advantages of having an investment advisor?
Answer:
Investment advisors offer significant advantages when it comes to their expertise and availability. Many aspects of the financial industry are complex, and the markets are constantly evolving. Enjoying access to a contact person who is there to provide you professional guidance and advice is essential in today's economic environment. People go through different phases in their lives: at first, they may want to save toward purchasing a home or for their children, while later their goals may shift to paying down any outstanding debts, growing their portfolios or, ultimately, ensuring they have enough money to live comfortably throughout their retirement years. Working with an advisor who has access to an entire team of experts ensures that you get the information you need to avoid costly mistakes.
Question: How do I choose the advisor for me?
Answer:
A good investment advisor is, first and foremost, someone you trust and feel comfortable with. Advisors also ideally have access to a broad network of specialists but generally work with a limited number of clients in order to offer personalized service. In seeking to offer you comprehensive financial services, they are a little like orchestra conductors in that they coordinate the efforts of multiple experts in:
- Investment growth and monitoring of changes in investments
- Financial planning (retirement and estate planning)
- Business succession
- Advantageous tax strategies
- Insurance
Question: How much do the services of Hugo Cossette cost?
Answer:
Following analysis of your entire financial needs, we develop a personal financial plan for you based on your objectives. The solutions you choose determine the management fees, but fees generally range between 1.00% to a little more than 2.00% depending on portfolio size.
