Financial Planning
Personal financial planning focuses on you as an individual – bringing together all the financial and psychological factors that have an impact on your life.
We know it can be overwhelming to have so many people offer you advice on which investments to buy. Estate taxes, income taxes and education funds for your children, these are just some of the other complex aspects of your total financial picture. We know there is more to your financial life than your RRSP. A well thought-out financial plan will help you reach your personal financial goals and objectives, and give you a greater sense of security.
Complete Financial Needs Analysis Process
Many people call themselves a “financial planner”, but a true Certified Financial Planner uses the Complete Financial Needs Analysis Process, which is made up of six distinct steps.
Step 1 – Assessment
Clarify your present situation by collecting and assessing all relevant financial data – assets and liabilities, tax returns, records of securities transactions, insurance policies, wills and pension plans.
Step 2 – Identify Goals
Help you to identify financial and personal goals and objectives, and also to clarify your financial and personal values and attitudes.
Step 3 – Identify Problems
Help you to identify financial problems that can create barriers to your financial independence.
Step 4 – Recommendations
Provide you with written recommendations and alternative solutions. These should be structured to meet your needs without undue emphasis on purchasing specific investment products.
Step 5 – Strategy
Assist you to implement the right strategy to ensure that you reach your goals and objectives.
Step 6 – Review
Provide a review and revision of your strategy to ensure that you achieve your goals.
Create a Long-Term Financial Plan.
Let’s work together to create a long-term financial plan suited for your life, your family, and your goals.
Do you need a Certified Financial Planner?
People hire Cornerstone Financial Management Inc. for many reasons. These questions may help you decide if you need professional financial advice.
Do you have time to attend to your personal financial affairs?
Are you confused about conflicting financial advice from several sources?
Do you feel you are paying too much tax?
Are you confused where to invest your money?
Do you feel that you can’t make ends meet?
Do you feel that you can’t save money?
Has there been a recent change in your life that could affect your financial future, such as retirement, job loss, an inheritance, ad addition to your family, or loss of your spouse.
Contact Us
Please use the form below to contact our office. Our goal is to respond to all inquiries within 24 hours or sooner.
Related Services
We offer a number of financial management services, all individually tailored for your goals.
If you have an established Retirement Savings Plan or are just beginning, it is never too late to begin saving.
Estate planning is for everyone. Arrange your finances in a way so that your assets can be passed on quickly.
An investment tax strategy is a process that takes into account many variables. It is more than paying the government.
Proper analysis is vital to ensure that you aren’t paying too much and that you have the correct type of insurance.
