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You are here: Home / Wealth Management / Financial Planning

Financial Planning

A comprehensive evaluation of an investor’s current and future financial state by using currently known variables to predict future cash flows, asset values and withdrawal plans.

Most individuals work in conjunction with an investment or tax professional and use currentnet worth, tax liabilities, asset allocation, and future retirement and estate plans in developing the plan. These will be used along with estimates of asset growth to determine if a person’s financial goals can be met in the future, or what steps need to be taken to ensure that they are.

While there is no specific template for a financial plan, most licensed professionals will include knowledge and considerations of the client’s future life goals, future wealth transfer plans and future expense levels. Extrapolated asset values will determine whether the client has sufficient funds to meet future needs.

A good financial plan can alert an investor to changes that must be made to ensure a smooth transition through life’s financial phases, such as decreasing spending or changing asset allocation. Financial plans should also be fluid, with occasional updates when financial changes occur.

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Ottawa

Al Warren, CHS
President

6270 Perth St.
Richmond, ON K0A 2Z0

Office: 613-257-6240
Mobile: 613-229-6179

E-mail: awarren@certika.ca

Smiths Falls

Sean J. Lawrence, CHS
Consultant

94 Beckwith St N
Smiths Falls, ON K7A 2C1

Office: 613-257-6229
Mobile: 613-880-2941

E-mail: slawrence@certika.ca

Perth

 

49 Herriott St.
Perth, ON K7H 1T5

Office: 613-267-8836
Mobile: 613-264-4965

 

 

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