Analysis of current situation

The goal is to get to know each other. The objective is to clearly define goals, constraints, clarify confusions or misconceptions and set the stage.

First we look at your needs. We start with asking questions in an interview and with a comprehensive questionnaire. We are looking at:

  • What are your short and long-term financial goals?
  • How does this look in relation to your earnings?
  • How does this look in relation to your spendings?
  • How do you feel about risk?

Successful results start with understanding goals and means. Then solutions can be tailored to fit your needs.

In the second step, we look at your goals, your feelings, your alternatives and put together the Investment Policy Statement. This, potentially with a Financial Plan becomes the road map. 

Some example questions could be:

  • What are your main financial objectives over the next 5 years?  
  • What would you like to achieve?
  • Where would you like to be in 5 years?
  • Do you see any issues or problems to overcome in getting there?
  • What do you see as constraints?
  • How do you think you can get there?
  • Is there an immediate or near term (i.e. within 5 years) need for income from this portfolio?
  • If yes, when will the income be needed?
  • Will significant cash withdrawals of principal and/or contributions be made over the next five years?

Risk assessment.

In particular we look at investment risk, what does investment risk mean to you? 

Risk is something we all live with. We have however different tolerances for risk, some people don't like to take any at all, others want to pile it on. We all have different abilities to take on risk, if the portfolio is large, your ability to take risk is likely greater than someone with a smaller portfolio, or someone nearing retirement. There are any number of factors to consider. The first thing we will do is work to define ranges for both.