Maximizing personal finances for one can be complicated - even moreso with two. We can help!
We primarily conduct our financial meetings over video conferencing software for ease of our clients. If you live in Southern Ontario, we will gladly meet with you in person as well.
We are licensed to work with people within the province of Ontario. Our clients currently reach from Ottawa to Windsor.
We do not have investment minimums. We believe that everybody has to start somewhere, and we would be proud to help build your foundation. What we look for are good people that care.
Great question! We are paid several different ways depending on the service we provide. With insurance we are paid a commission. Investments and mortgages, we are paid a referral fee. Our fees are transparently laid out in our Engagement Letter.
At Wealth Labs Inc., we have partnered with a great portfolio manager, Stewardvest of Huxton Black Ltd. All client accounts are held with Stewardvest while the money is located with a Custodian. The role of the custodian is to hold your money while Stewardvest provides the investment direction. Their Custodian is Fidelity Clearing Canada (FCC). FCC is part of the Fidelity group of companies which have combined assets under management of $2 trillion. FCC is a member of the Canadian Investor Protection Fund (CIPF), which covers each account for up to $1,000,000 against insolvency or bankruptcy of the custodian.
CFP® stands for Certified Financial Planner and is the global industry accreditation for financial planning. To be certified, you must meet education requirements, work experience, and pass several exams. The title carries a fiduciary obligation to our clients and 30 hours per year of continuing education to stay sharp.
Investment Councils have a fiduciary standard, discretionary trading authority, higher knowledge and experience requirements, and access to a broader range of solutions. For more information please click here.
We do not have sales targets to hit, or investors to pay dividends to. We tie our success to the quality of our service and therefore promise you the best experience possible. Our technology and digital security are all handled by the same major providers that also service the larger incumbents.
We are happy to do a fee-only financial plan. Pricing varies based on complexity. Please give us a call and we will quote a fair price.
Before doing any work, we will schedule a call to get to know each other. We believe there is a significant amount of trust required when working with a financial planner. On our call, tell us what your goals and expectations are for us and we will elaborate on how we specifically can help you!
We provide a concise document that outlines your financial health (assets, liabilities, cash flow), our recommendations, and next steps.
We review your current benefits package to determine if it matches the needs of your current employee demographic. Additionally, we can get new carrier quotes for your current health benefits to make sure you have both the best price and product.
