Financial Planning

Build a secure future with our financial planning experts

Financial Planning by its very nature is comprehensive. It addresses every possible financial implication in your personal and business life, both now and after you’re gone.

At Selectpath, our financial advisors are well-rounded professionals who take a comprehensive financial planning approach to serving you.

Areas of Specialization:

  • Tax, Retirement, and Estate Planning
  • Investment and Risk Management
  • Wealth Management and Preservation
  • Pension Transfers
  • Banking Services and Mortgage Referrals

Financial Planning for Families and Individuals

Selectpath’s Financial Advisors recommend only the most reputable and high-quality products and services available to create a secure future for you and your family. We consider appropriate levels of risk and performance that demonstrate financial strength, cost-effectiveness, efficiency, and great service.

Our Expertise, your Financial Management Solutions

We are an “Integrated Financial Services Provider” that can offer you advice in the following areas:

Investment Management

  • GICs, Segregated Funds, Annuities
  • Banking Products including High Yield Bank Accounts and Investment Loans

Tax Planning Services

  • Registered Retirement Savings Plans
  • Registered Retirement Income Funds
  • Life Insurance Funds
  • Individual Pension Plans
  • Registered Education Savings Plans
  • Tax Sheltered Life Insurance
  • Group Retirement Plans
  • Tax-Free Savings Accounts

Through Manulife Securities, we provide:

  • Access to mutual funds and investment products from over 70 different companies
  • Registered and non-registered accounts to hold investments
  • Principle Protected Notes

Insurance and Living Benefits:

  • Estate Conservation
  • Family Protection including Mortgage Insurance
  • Business Protection including Key Person, Buy-Sell, Succession Planning
  • Critical Illness and Long Term Care
  • Individual Long Term Disability
  • Owner-Executive Disability Carve-Outs and WSIB Alternatives
  • Individual and Group Health and Dental Insurance
  • Out of Country Medical Coverage

We are not tied to any one investment product or company. Because we provide a vast array of different products from a number of quality companies, our financial advisors can recommend the tools that best fit your goals.

Financial Planning for Business Owners

The average business owner will probably spend more than 25% of his or her day planning for tomorrow — how much inventory to order, credit requirements, or how to increase sales. But the same business owner will typically spend only four hours per year planning for the eventual sale or transfer of their business interests upon death, disability, or retirement, even when interests might make up a major portion of their net worth.

At Selectpath, our Financial Advisors can review your current situation and work with you to plan for the future transfer of your business interests in the event of the death, disability, or retirement of an owner or key person.

A Comprehensive Approach

Financial planning is an important aspect of managing your business but takes on a new dimension when integrated with other services like benefits and human resources management. Our approach is called GPS, Guided Professional Solutions — have a look for yourself.

The importance of a good benefits plan

Besides increasing the value of the salary package offered, a strong benefits program will:

  • Help keep your employees healthy and productive
  • Protect your employees’ dependants from financial hardship in case of sudden death or medical crisis
  • Help employees meet their financial needs during prolonged absence due to illness or injury
  • Assist employees with chronic health conditions with access to the services they require
  • Protect your employees while they’re travelling or working outside of Canada
  • Give employees the cost-savings of group over individual insurance for a variety of opt-in plans
  • Make your group benefits plan more attractive by offering more choice and individualized plans for coverage

Protecting your business and family from the unexpected

For individuals, no estate plan is complete without a will. Similarly, no business plan is complete without a shareholder or partnership agreement containing buy and sell provisions that allow for the orderly transfer of business interests upon retirement, disability, or death.

Selectpath financial advisors work with business owners to sort through their options in addressing these issues. Our focus is putting you on The Right Path® so you can make informed decisions for your business.

8 success strategies for business owners

Preparing your business for sale or succession

You’ve spent years building and growing your business; it’s become a source of great pride. Now you’re looking to the next stage in your life and considering how to prepare both yourself and your business for this transition. Having a business succession plan that clearly outlines your intentions and goals helps make this transition easier for you, your family, and your business.

Selectpath financial advisors work with business owners to review a comprehensive plan of exit. Our focus is putting you on The Right Path® so you can make informed decisions for your business.

Succession planning checklist

Planning for your personal financial security

At Selectpath, we believe that a balanced financial plan can do as much for you and your business as a lifetime of hard work. We will explore the best strategies for achieving your success and security by:

  • Reviewing and integrating your vision for your business and your life
  • Working together to define your business and personal financial goals and making appropriate recommendations to help you achieve them
  • Using your business to support retirement income
  • Integrating your business success into a comprehensive estate plan
  • Using tax effective strategies (such as a holding company) to maximize wealth
  • Making sure you are leveraging the advantages of incorporation
  • Protecting your personal assets from creditors

8 success strategies for business owners

Working with a Selectpath Financial advisor

Selectpath Advisors are experienced and educated professionals dedicated to finding the best financial plans for the unique needs of our clients. We set goals and expectations upfront and offer three packages:

1. Comprehensive Financial Planning

At Selectpath, we believe that a balanced financial plan can do as much for you and your loved ones as a lifetime of hard work. We will:

  • Explore your life vision, values, and financial situation
  • Review the best strategies and define your financial goals
  • Guide you through a financial plan that’s right for you

2. Modular Financial Planning

Modular planning may involve a specific goal, need, or risk that you want to address, such as determining the right amount of life insurance, investing in your RRSP, or buying key person insurance for your business. Your Financial Advisor will guide you through a process that will assess and fulfill this specific goal.

If you decided you need a broader approach to planning, the modular plan can fit strategically into our comprehensive planning model.

3. Product Purchase/Need

Restrictions on your time and resources mean you may not be at a place in your life to build a comprehensive plan, however, you still need to protect your future. Let Selectpath find simple solutions based on your specific requests or questions.

Selectpath Comprehensive

Contact a Selectpath Advisor today to discuss our unique Selectpath Comprehensive approach. It’s everything you ever wanted from your financial advisor but didn’t know you could have.

An Integrated Approach

Financial Planning can guide your organization through change to a prosperous future. However, it’s just one of the steps to success.

Have a look at our integrated approach, GPS, Guiding Professional Solutions, to manage your big picture and see what Selectpath can do for you.

GPS - Guiding Professional Solutions

GPS - Guiding Professional Solutions

An integrated process to enrich an organization's most valuable resource – people

Learn More

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Sarnia

704 Mara Street, Suite 111
Point Edward, ON N7V 1X4

Tel: (519) 344-7494

Toll-Free: (800) 362-8544

London

310-700 Richmond Street
London, ON N6A 5C7

Tel: (519) 675-1177

Toll-Free: (888) 327-5777