When you picked up the phone to connect on Family Day, who did you call? When you think about your favorite Thanksgiving, who is sitting around the table? How do these people fit into your financial plan?
When Dave Lee, Senior Wealth Advisor at Scotia Wealth Management, asks you about your family, it’s not just about chatting, he’s learning about your goals.
“I love crunching numbers, comparing insurance policies and exploring investment options, but a good financial plan is only effective if it’s right for the people it’s designed for,” he says.
Just as the word “family” means different things to different people, the “best” wealth management strategy is different for everyone.
“My goal is to understand the dynamics of your specific situation and tailor a solution that works for you.”
Who are the most important people in your life? Who are we planning for?
Two clients at similar life stages and with a similar net worth can have very different goals.
A retiree with children and grandchildren can be highly motivated to ensure the financial well-being of their family. They may worry about a child going through a complicated divorce or a grandchild living with a disability. Another retiree without a spouse or children may worry more about what will happen if he loses his mental or physical abilities.
“I also like to ask clients, ‘What are the financial decisions that will impact you?’ As people live longer, retirees are often caring for elderly parents, and these “children” may be over 70 when they receive an inheritance from parents in their 90s. »
Family relationships can get complicated or strained, but after years of financial planning, Dave has seen just about everything.
“When it comes to big life events like a death in the family or downsizing of a house, I’ve seen it before and so I can guide people through a process that leads to smart decisions.”
Who’s on your team?
When you work with Dave, your family matters. He will also introduce you to Scotia Wealth Management’s “family” of in-house specialists. The team includes estate and trust consultants, private bankers, insurance consultants, business and family wealth specialists and other professionals who consider every facet of your life and are ready to help you with your plan. total heritage.
Do you have a favorite accountant you’ve trusted for decades? Do you want to include the family lawyer in your plans? Dave will also work with them, giving you the best chance of achieving your goals. It’s all in the family!
Call 604.535.4743 to schedule an appointment with Dave Lee in White Rock, or email [email protected] to discuss investments, life insurance, retirement planning, estate planning, income generation and lowering your taxes. Follow him on Facebook, Twitter and Linkedin for more financial information.
ScotiaMcLeod, a division of Scotia Capital Inc.