For legal advice, many Canadians work with a single lawyer who comes to understand their individual situation and concerns. For taxation matters, they look to a single accountant familiar with their bookkeeping needs and tax situation.
Yet, when it comes to financial security matters, many of these same individuals turn to two or more financial security advisors or institutions.
Having a number of accounts at several financial institutions may make it challenging to get a comprehensive view of your overall financial security picture.
Consolidating those assets with one trusted financial security advisor who knows and understands your needs can help bring focus and clarity to your financial security plan.
Provides a comprehensive view
Having a single financial security professional can help you get a comprehensive snapshot of your overall financial security picture. In addition, one financial security advisor will:
- Better understand your investments as a whole
- Be in a better position to give you advice on how your holdings fit with all your goals
- Be better able to provide recommendations appropriate for you
- Give you consistent information and advice
Helps manage risk
By working with a single financial security advisor, you’re dealing with someone who knows and understands where you are today and where you see yourself in the future. He/she is in a better position to make sure your portfolio is adjusted to reflect your changing needs and risk tolerance over time.
Simplifies your life
Consolidation also makes it easier to follow your investments, keep your portfolio on track to meet your goals and objectives, and adjust your portfolio when your personal circumstances change. In addition, if you’re receiving an income, the funds come from one source.
Finally, your lawyer or accountant will also find it easier to work with one financial security advisor on overlapping matters, such as estate planning.
Bring your financial security picture into focus today
Talk to your financial security advisor today about ways you can bring your financial security picture into focus by consolidating your assets.