There are many resources for you to explore when it comes to investing, saving, planning for retirement, and more. With social media, free investment accounts, and complimentary online resources, why seek out a Financial Professional?
These platforms offer one-size fits all finance advice and while that may work for some, it won’t work for everyone. As your portfolio and long-term life goals get more complex, holistic independent wealth management is invaluable.
Over 60% Canadians surveyed said they do not work with a wealth advisor but 40% of Canadians say money causes the most stress in their lives.
Here are 4 benefits an independent wealth management firm provides
- Professional guidance and expertise
- Customized financial planning and holistic approach
- Unbiased advice
- Accountability/emotional discipline
1. Professional Guidance and Expertise
It is your Portfolio Managers’ fiduciary responsibility to stay up to date on market trends, regulations, and more. Their sole focus is to understand the market and act as a coach for complex decisions, investment, estate planning, retirement, and more.
These professionals have formal training certifications, ensuring their advice is grounded in research and expertise. For discretionary trading, portfolio managers carry credentials such as a CFA or CIM, reflecting their high standards and deep financial knowledge.
MNK Financial partners with Q Wealth, a registered portfolio management firm, to offer expert financial advice and discretionary trading. Backed by over 50 years of combined experience, we're here to help you build with confidence.
2. Customized Financial Planning and Holistic Approach
Everyone’s financial situation is different, and an advisor takes the time to consider the full picture – your income, lifestyle, ambitions, and needs. Your plan is created with a goal-orientated approach and considers your values and experiences with money, balancing potential risks, and protecting your savings.
3. Objective, Unbiased Advice
An independent wealth advisor is not tied to a bank or product and acts in your best interest, helping you choose the right decision based on your circumstances and long-term goals.
4. Accountability
A financial planning team helps you stay on track by providing regular check-ins, reminding you of you of the legacy you want to leave behind. They also provide feedback and understand when to pivot strategies based on the market.
5. Maximizing Wealth
Financial planners know how to design a tax structure that will allow you to keep more of what you earn and maximize your investment growth.
Are you ready for a tailored strategy to fit your needs and goals?
Take the first step and reach out. Let’s build your future.
