Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Introduction
Package
Richard Sheppard cfp, cepa
Senior Financial Consultant
Investors Group Financial Services Inc.
What Can You Expect at the First Appointment?
The first meeting is essentially a fact finding session, both for you, and mys...
Over time, a comprehensive financial plan would be developed…
This would include:
Investment Analysis to ensure current mi...
Does My Financial Planning Practice Specialize In A Particular Area?
My practice includes clients with all types of backgr...
Upcoming SlideShare
Loading in …5
×

Investors Group Introduction Package

267 views

Published on

Selecting any type of advisor is a big decision, and this is especially true when selecting the individual who will assist you in managing your finances and helping you in achieving your life's dream. With this in mind, I have prepared this package of information which will answer some of the questions you may have, prior to our appointment.

Published in: Economy & Finance, Business
  • Be the first to comment

  • Be the first to like this

Investors Group Introduction Package

  1. 1. Introduction Package Richard Sheppard cfp, cepa Senior Financial Consultant Investors Group Financial Services Inc.
  2. 2. What Can You Expect at the First Appointment? The first meeting is essentially a fact finding session, both for you, and myself, to determine to what extent I might be able to help you, and answer any initial questions you might have. There is no charge for this meeting - it is strictly to determine whether there is sufficient benefit in proceeding, and whether there is a good fit. Remember, you are hiring a professional advisor and you must feel completely comfortable with your decision. As this is a very significant decision, it is highly advisable that both spouses (if applicable) be present, so that both can be comfortable with the decision. Next, I would complete a thorough inventory of your current finances, very similar to the way an accountant would for a company. This would consist of a personal Balance Sheet, listing your assets and liabilities, as well as a Cash Flow Summary, indicating income flowing into the household, and committed expenditures going out. This information would be available from some or all of the following: Tax return Bank Statements Employee Benefit Booklet Notice of Assessment Mortgage Statements Insurance Policies Investment Statements Loan Statements Pension Statements Will/Power of Attorney Partnership agreements Share structure (if incorporated) Private Health Care Plans Trust Documents Corporate Finances The most important part of this entire process is for you to be clear as to what it is you want your finances to do for you. Wealth, in and of itself, is not the primary objective, but the things it will allow you to do probably are. What sort of lifestyle do you envision for yourself? What sort of sacrifices are you prepared to make in order to achieve it? Be imaginative and think big! It will quickly become apparent whether you are presently on the right course, or whether some changes in approach are necessary. If you are comfortable with everything I have presented so far, and it appears there is some opportunity for me to improve things, I would get back to you with a written proposal outlining how I would go about implementing those improvements, and what the ultimate benefit to you might be. At this point we would both have all of the information we need to determine if this will be a strong relationship and should proceed. How am I Compensated? All of my compensation is paid by Investors Group through the fees they levy on financial instruments and services. This will vary depending on the product or service. In general, the more the assets of each client grow, the greater my compensation is. This creates mutuality of interest since we both want your investment assets to grow, and for you to be totally happy in your dealings with Investors Group and myself. We both prosper from successful relationships.
  3. 3. Over time, a comprehensive financial plan would be developed… This would include: Investment Analysis to ensure current mix is consistent with the your risk profile (you can sleep at night) and proper structure for tax efficiency. Assessment of protecting financial assets from creditors. Comprehensive retirement projections including cash flow, net worth projections, income tax analysis and projections, and purchasing power forecasts. Review of cash management and possible debt restructure. Review of current Will, Power of Attorney, Trust documents and Succession Plan. Risk Assessment - identify what perils could jeopardize your plans and possible solutions. Review of current income tax situation and possible strategies to reduce these both now and in the future. Estate Analysis - review strategies for conveying your estate as efficiently as possible to your heirs while minimizing taxes, and any other special considerations. What are My Credentials and Qualifications for Providing Financial Planning Advice? I have been a Financial Advisor with Investors Group since 1986. Received my Chartered Financial Planner (CFP) designation in 1991. (now known as Certified Financial Planner) Certified Exit Planning Advisor (CEPA) Specialized training in advising business owners on succession and exit planning from their business in order to realize optimized value. Division Manager for 10 years - responsible for compliance, training and development of other financial advisors with Investors Group. Member Calgary Chamber of Commerce. (Tax and Economic Affairs Committee Member) Attend numerous seminars, conferences and workshops in order to stay current on financial planning issues and techniques.
  4. 4. Does My Financial Planning Practice Specialize In A Particular Area? My practice includes clients with all types of backgrounds, however more recently I have focused on Exit and Succession planning for Small Business Owners and Incorporated Professionals. In addition, I have extensive knowledge of Estate Planning issues and strategies, as this impacts all clients. The common element that clients share, is that they are advice seeking. Whereas they may or may not have the time, knowledge and skill to manage their financial planning themselves, they prefer to delegate this task to a knowledgeable professional who they have confidence in so that they can devote more of their time to other priorities such as career and family. I look forward to our meeting and the opportunity to help you map out a course for achieving financial security, prosperity, and independence. Sincerely, Richard Sheppard cfp, cepa Senior Financial Consultant p. 1.403.226.5531 f. 1.403.226.5299 tf. 1.855.905.0199 richard.sheppard@investorsgroup.com Mission Statement Trademarks, including Investors Group, are owned by IGM Financial Inc. and licensed to its subsidiary corporations. Insurance products and services distributed through I.G. Insurance Services Inc. Insurance license sponsored by The Great-West Life Assurance Company. Investors Group Trust Co. Ltd. is a federally regulated trust company and the mortgagee. Mortgages are offered through I.G. Investment Management, Ltd. Inquiries will be referred to a Mortgage Planning (Agent) Specialist. Banking products and services are distributed through Solutions BankingTM. Solutions Banking products and services are provided by National Bank of Canada. TMSolutions Banking is a trademark of Power Financial Corporation. National Bank of Canada is a licensed user of these trademarks.

×