Comprehensive Wealth Management

The Wealth Management Process

Your Roadmap for the Future

Comprehensive Wealth Management is designed to provide you with complete and lasting financial peace of mind.
It gives you the confidence you need to make sound financial decisions, plus the freedom to live life the way you want. It also provides a clear roadmap for your future by addressing all aspects of your financial situation at each stage of your life.
Every step of the way, you are guided by The Fahr Group - Private Wealth Managers, a professional wealth management team who truly care about your family’s long-term financial health.

Helping You With All Your Financial Needs

With a Comprehensive Wealth Management approach we can help you to address concerns and opportunities such as these: 

· Is the family’s financial plan in place and on track? 
· What would happen to your family if one of the breadwinners in the family becomes disabled or passes away?
· When can you retire and what kind of lifestyle will you be able to afford given that an active retirement can last 20 to 30 years or more?
· Do you have a plan in place to contribute to your children’s or grandchildren’s education? How much will it cost and how much will you have to save?
· Do you need to plan for the possible care of your parents in a nursing home or long term care facility? What would happen to you or your spouse if your required the same kind of care?
· Do you wish to leave a legacy to your children, church, charity or school? Do you have a tax efficient way to do so? What are the tax consequences of doing so?
· If you both pass away how much of your estate will be subject to government taxes? What is the best way to fund these taxes so your family is not put out?  

The Comprehensive Wealth Management Approach

Attain true and lasting financial peace or mind through our continuing six step Wealth Management process

Our first meeting is a “life discovery and fit discussion” to determine whether a long-term relationship is in our mutual best interests. We will listen intently to your unique life story, look at your details and explain how our holistic wealth management process can help you and your family to achieve true and lasting financial peace of mind. 

 

Step Two – Learning More About You and Your Needs

The second step is to gain a deeper understanding about your investment goals, within the context of your overall financial situation. We will look at factors such as your life goals, income needs, time horizon, tolerance for risk and return objectives.

 

Step Three– The Investment Policy Statement

With a thorough understanding of your financial circumstances, personal goals and profile as an investor, we will create your personalized Investment Policy Statement – the guiding principles for how your investments will be managed.

 

Step Four- Comprehensive Financial Plan

Having established your investing principles we will then work with you to develop a customized Financial Plan based on your financial goals, risk tolerance, and long range plans. As part of this comprehensive plan we will work with our team’s wealth management specialists and coordinate with your legal and accounting advisors.
 
1. Will and Estate Review

Our Will and Estate Review can help you address your various state planning concerns and recommend the steps you need to take to achieve your goals.

 

2. Insurance Review; Protecting Your Wealth

Our Insurance Review with our Regional Insurance Specialist can help you protect everything you have worked so hard to build through innovative insurance-based strategies

Insurance plays an important role in the preservation of your wealth. It can help you leave a lasting legacy to your family or other beneficiaries of your estate.

Often tax obligations against your assets are triggered upon death. Quite frequently, these obligations are met by liquidating the assets of your estate and thus reducing its value. A life insurance benefit can cover this obligation and leave the estate intact.

The Fahr Group has access to the products of Canada's leading insurance companies.

 

3. Legal and Tax Review

We will work in conjunction with your legal and accounting advisors as necessary to ensure that all your needs are met.

Step Five - Implementation

Based on the recommendation of our specialists we will implement the financial plan tailored to your objectives, drawing from a wide selection of world-class products and services. 

Step Six- Monitoring Review and Ongoing Service

We will review your financial plan with you on a regular basis to ensure the plan remains an effective tool in achieving your objectives. From time to time, we may recommend changes to reflect changing market conditions or new tax legislation.
Communication is key. We keep you appraised of your progress through regular updates, client events, newsletters and the team’s website. 

Take the next step – contact us today for a complimentary consultation

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