◊ I am a millennial growing and changing the country.
◊ I am a Baby Boomer who makes things happen.
◊ I am a successful business professional.
◊ I am, or a spouse or parent is, or was, a business owner.
◊ I am a woman leading a high net worth household.
◊ I have wealth credited to immigration.
◊ I am responsible for a substantial accumulation of family wealth.
◊ I am retired and thinking beyond my own lifetime.
◊ I am responsible for an institution seeking inspired global investing.
◊ I may be interested over time in investing to have a social impact.
∞ More trust and confidence in my wealth management providers
∞ The real deal managing my money towards my investment objectives
∞ Expert advice from an institutional-strength professional investor
∞ A higher standard of care, international experience and best practices
∞ Open to a more global approach, not just traditional Canadian assets
∞ Appetite for capital appreciation, not just wealth preservation
∞ Investment better tailored to my needs and risk appetite
∞ Transparency and straight talk from my financial advisor/asset manager
∞ Favour more pay-for-performance fee models
∞ A more enjoyable and satisfying financial advisory relationship
∞ Delighted to support a focused independent globally-minded Canadian asset management company over a traditional financial "supermarket" behemoth
MY FINANCIAL POSITION
How well does my financial advisor/asset manager really understand...
⇒ My aspirations and life path trajectory?
⇒ My investment objectives?
⇒ My risk tolerance levels?
⇒ My overall wealth position and outlook?
⇒ My extended family considerations?
⇒ My retirement income, trust and estate plans?
⇒ My service expectations?
WHY CHANGE MY FINANCIAL ADVISOR/ASSET MANAGER?
⇐ My wealth is overly concentrated at a large Canadian financial "supermarket"
⇐ My personal circumstances have changed
⇐ A wealth transfer is in process in the family
⇐ Circumstances at my advisor/asset manager are changing, such as retirement
⇐ Poor investment performance, poor quality of service, poor speed of response, operational issues/errors, the list goes on...
⇐ My advisor's incentives are not aligned with my own: high fees, low value for money
⇐ Lack of personal connection
Statements such as these need to be banished:
× "My current advisor doesn't really understand my financial position and expectations, let alone be able to satisfy my preferences."
× "The more I think about it, my current advisor and my investments were not proactively selected by me for the right reasons."
× "My money just ended up being managed at the place related to where I have my bank accounts / insurance policies."
× "Taking a closer look, it appears that the qualifications of my current financial advisor/asset manager are astonishingly thin."