Do you know what you are paying your financial advisor for? What value are you getting for the fees you are paying your financial advisor? Or do you even know you are paying your financial advisor fees?
Historically, what we see in our industry has been very backward. Most financial advisors are giving away free advice in the hope that clients will buy products from them or invest money with them. This model leaves the availability of advice to a very select few with millions of dollars to invest in the stock market.
But what if you want to manage your own portfolio? Or invest in your business? Or buy real estate? You might even want the flexibility to manage your own wealth. These are just some of the different investment options available that you might be interested in.
Understanding The Role of a Financial Advisor in Canada
The important thing you need to do when working with financial advisors is to get clear on the role of your financial advisor.
- Is your advisor there to manage your money?
- Is your advisor there to sell you a product?
- Is your advisor there to give you unbiased financial advice so that you will have clarity and confidence about your future?
To put it bluntly, in Canada, almost anybody can call themselves a financial advisor. A certification or designation is not required to be called one. A lot of times, financial advisors only get paid if they sell you a product.
If you want to achieve all of your financial goals and dreams, and live the life you always dreamed of, it’s important to understand the role of a financial advisor and how to best utilize them to help you accomplish your financial goals.
The Six-Step Process to Clarity and Confidence in Your Financial Future
At Ocean 6, we have built a six-step process to give you clarity and confidence in every area of your financial future:
- Cash Flow Planning
- Debt Restructuring
- Innovative Insurance Strategies
- Investment Tips
- Retirement Plan
- Building An Effective Estate Plan
These steps will help you see where you are today and what you need to do to achieve all of your financial goals and dreams.
We uphold the clarity and transparency of our advice. We believe in the importance of getting clear on what you are paying for because everything is expensive in the absence of value.
If you want to learn more about how to organize and clarify every aspect of your financial future, visit our Contact Page to get in touch with us and we’d be happy to run you through our full financial Blueprint process.