A financial plan is a comprehensive understanding of a client’s current and future financial state. It takes into account risk tolerance, time frames, asset allocation, and multiple known variables to predict the financial state of a client at various phases of their life. A financial plan is developed to help the client meet their financial and personal goals in a manner cohesive with their individual lifestyle. For more information please contact your advisor.
A retirement plan prepares a client financially for life when paid work ends. It starts earlier in life with a client allocating savings in various products for the time of retirement. When it comes time to retire, a plan often involves the transfer of assets and reallocation of funds for tax purposes. For more information please contact your advisor.
Wealth accumulation is a long term investment strategy. A successful wealth accumulation plan takes into account a client’s risk tolerance and their life timeframes. It allows assets to be allocated in a way to grow a client’s money while respecting their risk tolerance levels and allowing them the cash flow they may need for their current and future life style. For more information please contact your advisor.
Estate planning is the process of ensuring a client’s estate and assets are passed to the appropriate heirs after their death. Estate planning typically attempts to eliminate uncertainties over the authentic wishes of the client and maximize the value of the estate by reducing taxes and other expenses for the beneficiary. For more information please contact your advisor.
Tax planning takes a logical analysis of a client’s financial situation or plan with a tax perspective in an attempt to pair financial goals with tax efficient planning. The goal is to align the objectives of a client and their financial plan to create the most tax saving methods possible. For more information please contact your advisor.
Risk management plans combine a client’s goals for their finances and their tolerance of risk in investments. A risk management plan allocates a client’s assets in products based on the risk involve, ranging from conservative too risky investments, and the goals a client has. It is a balance between the two that creates a successful risk management plan. For more information please contact your advisor.
Employee benefit plans can provide employers with the edge they need to remain competitive in providing coverage that will help them attract and retain the best and brightest employees. Perler Financial advisors keep abreast of the technological advantages of a managed health care approach, are completely knowledgeable about how coverage can best be provided and costs controlled, and entirely informed on how federal and provincial legislation will affect the benefits their workers receive. For more information please contact your advisor.
A business continuity plan is a plan to continue operations if a work place is affected by different levels of disaster. In case of the death of a business owner or partner there needs to be a transfer plan, and proper insurance to ensure business continues to run smoothly. For more information please contact your advisor.
Planned giving is the process of designing charitable gifts so that the donor may direct money to a favorite charity while maximizing tax and other financial benefits. A Perler Financial Group advisor can explain the options of present or deferred giving, and help determine what fits best into a client’s financial plan. For more information please contact your advisor.
An education savings plan is an investment vehicle used by parents or grandparents to save for their children’s post-secondary education. A savings plan will pay dividends for the rest of a children’s life, the younger they are the more they can benefit. Additionally it can be set up as a source of tax deferred income, for more information please contacts your advisor.