Our service begins with a free consultation, which will provide you with an assessment of your current situation and identify areas you should be focusing on. After that, drawing on our expertise in financial planning, we’ll create a precise plan detailing how you can reach all your financial goals. You will learn how to:
From long experience, we can tell you with certainty that the sooner you begin the process of developing a financial plan and saving for the future, the more quickly you will achieve the financial goals you set for yourself.
Financial planning isn’t reserved for those with big incomes or huge investment portfolios. The whole idea behind planning is to ensure that you’re doing everything that you can to accomplish your goals. The process of creating a written plan forces you to think through your financial objectives, the amount of risk you’re willing to assume and other key practices of sound investing.
Anyone with a financial goal will benefit from the affordable and convenient financial planning offered by GP Wealth Management. With the help of a professional financial planner, you can develop a plan that is personal to you. It starts by downloading and completing a detailed financial planning questionnaire.
In this FAQ, we answer the most common questions asked about financial planning. If you have any specific questions, send us an email, and we would be pleased to help.
We cover the following areas when preparing a financial plan:
Start by downloading and completing a detailed Financial Planning Questionnaire. Then give us a call and we will review it with you and prepare a detailed written plan specific to your needs.
financial planning questionnaire
Preparing a financial plan is where our personal service gets started. We provide you with ongoing reporting on all of your investments including:
We created the service with you in mind. You can contact a financial advisor right here through our website with your new information. Or you can set up an appointment to meet in person to discuss your changes.
This document is designed to help you collect and organize the information needed to develop your comprehensive financial plan.
Financial planning isn’t reserved for those with big incomes or investment portfolios. The whole idea behind planning is to ensure that you’re doing everything that you can to accomplish your goals. Here are the six steps to get you started.
Give some thought to your financial goals – some may be short-term in nature (buying a car), others long-term (planning for retirement). Assign each one a time frame and put them in order of importance to you. These goals are the building blocks of any sound financial plan.
Begin by organizing your financial documents:
Assess your current financial situation by completing a Net Worth Statement and a Cash Flow Worksheet.
Depending on the goals you have set out in Step 1, you and your financial planner will need to perform some further analysis to define a roadmap to help you achieve your goals. This may include analyzing your retirement, education, debt or insurance and estate planning needs.
Now that you have established goals and objectives and your financial planner has analyzed your current situation, you will want to review the recommendations set forth by your financial planner. These recommendations represent the strategy towards attaining your goals. Very important stuff!
Once the preparatory work of analyzing, determining and calculating is finished, the most important step is implementing the recommendations to ensure your goals are reached. This is where you and your financial planner execute the plan.
Finally, monitoring and periodic reviews by both yourself and your financial planner are critical to ensuring your success. Your financial situation should be reassessed at least once a year to account for any changes in your situation. Achieving your goals and objectives are the ultimate measure of success and that is what a financial planner with GP Wealth Management will help you do.
Canadians with financial advisors are more confident about their future.
We’ve developed a plain-language document that describes the relationship between you and your GP Wealth Financial Advisor or Planner.