Your Personal CFO
Most frequent questions and answers
Step 1: Introductory Meeting
This is an informal meeting that gives us a chance to get to know each other. It often happens in a coffee shop, but can also happen in your office or ours. The goal is for you to get comfortable with our team and lay the foundation for future conversations.
Step 2: Subsequent Meetings
This is where we discuss details and outline actionable steps to create the financial structure for your future. We review specific financial planning solutions and strategies, ensuring you are fully aware of your options. Helping you make the most informed decision for your financial future is our goal.
Step 3: Formalize Relationship
This is when a mutual decision is made to work together or not. At this meeting we ensure all details are clarified and any questions are answered.
Step 4: Implement Game-Plan
Either in person or via email, we ensure the proper documentation is addressed with identification and signatures. Once the administrative process of opening and transferring accounts is complete, we begin to implement the previously agreed upon solutions and strategies.
Step 5: Regular Progress Meetings
Changes to financial markets and changes in your life can often dictate updates to your plan. Regularly reviewing and evolving your plan ensures you have the best chance of success for the future.
Although there is a lot of work going on in the background, we make every effort to make this transition seamless and as convenient as possible for you.
Clients who are open and want financial guidance will benefit the most from the services we provide. We are best able to advise clients who consolidate their portfolio with one advisor and have a long-term time horizon of at least 5 years.
We advise against focusing on short-term performance fluctuation. Our preferred client will appreciate the importance of focusing on the “forest” and not the “trees”.
Clients also need to understand that in order to maximize their wealth, many different financial services and products (including life insurance and alternative investments need to be considered).
This is the most important question we receive. The financial services industry is one of the most strictly regulated industries in Canada. We rigorously follow and often exceed industry standards. Your money is always invested “in trust” which means you and only you own it. We merely provide recommendations, help implement the strategy and then administer your account. Only you or those you legally designate can deposit or take money from your investment account, regardless of your holdings.
Your investment holdings are carefully matched to your own profile. Your account is then carefully monitored and reviewed with you on a regular basis. You can access your statement online anytime and will receive regular statements in the mail from Raymond James Ltd.
How often would you like to hear from us? We will meet according to your preference and comfort level. There is no pre-established service formula you have to fit into. Some clients are quite active or have issues that require more contact. We may speak to them every other week, for example. Others prefer less frequent contact, meeting only once or twice a year to review their finances.
We will be in regular contact with you by phone and/or email and we send out quarterly newsletters via your preferred method of contact. Depending on what is going on in your life, or your business, or the capital markets at any given time, the amount of contact will vary over the span of our investment relationship. By keeping the lines of communication open, we can adjust the level of communication together
We charge a fee for the investment management services we provide. Our fees are based on a percentage of the investments you have entrusted us to manage. This places us in alignment with you and your interests to protect and grow your investments.
Your money will beinvested according to your timeline, return expectations, risk tolerance.
We provide the most value to individuals who have high incomes, complex financial needs and/or significant liquid net worth that merit integrated wealth management. Our services are designed for households with a minimum of $1,000,000 of investable assets; however, we are open to working with select clients that are determined to achieve this milestone.
Create a plan for your long-term financial future
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Raymond James Ltd. is an indirectly wholly-owned subsidiary of Raymond James Financial Inc.
Securities-related products and services are offered through Raymond James Ltd. member of the Canadian Investor Protection Fund (CIPF).
Insurance products and services are offered through Raymond James Financial Planning Ltd. which is not a member of the Canadian Investor Protection Fund (CIPF).
Raymond James (USA) Ltd. is a member of FINRA/SIPC.
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