When it comes to making important financial decisions, how you pay your financial advisor really matters.
Some advisors are paid to sell particular products, such as life insurance; others charge transaction fees when buying stocks and bonds, mutual funds and other products; still others charge fees based on the assets they maintain and manage for you.
In all of these cases, the financial recommendations such advisors make can be less than 100% objective.
We are paid only by you, the client, through an annual flat rate. This keeps us focused on ensuring your full range of financial issues are addressed.
When you work with TASMAN Financial Services, you pay an annual retainer fee that is not tied to any decisions you make, so you can rest assured that you are working with an unbiased professional whose only interest is in helping you succeed.
Tasman clients are individuals who want to take a more focused approach to their financial planning. Most have annual incomes of at least $80,000, or net assets of $250,000 or more and have decided they want to do a better job planning for their financial future. Perhaps they are asking themselves: Is my estate where it should be? Will I have enough money at retirement? Am I paying more taxes than I need to? Are my investments working for me?
All of them have one thing in common: they want unbiased advice so they can make informed decisions that will enable them to achieve their financial objectives.
Our retainer fee can vary from $3,000 to $20,000 annually, depending on the level of service required. Typically, the annual cost is in the $5,000–$8,000 range.
None. We are not licensed to sell any product and have no financial stake in any decision you make. That’s why you can be sure you are receiving unbiased, objective advice and guidance.
Absolutely. Our approach is to work with your existing team to take advantage of the contributions they can make toward achieving your financial objectives.
We encourage an open dialogue at all times and are only a phone call away whenever you have something to discuss. In addition, most clients need to see an update on their investments monthly, just to know everything is on track. A comprehensive review is provided every four to six months. This would involve a face-to-face meeting lasting anywhere from 45 minutes to several hours.
Proper planning, operationalizing and monitoring represent an integrated process that cannot be effectively split up. As a result, we offer only a single comprehensive service that covers all three elements in order to maximize the benefits to our clients.
To find out how TASMAN’s personalized approach can help you achieve your financial objectives, contact us today.
301–2039 Robertson Road
1600–401 Bay Street
Achieving your financial objectives doesn’t happen by accident. It requires solid analysis, a clear plan of action, step-by-step implementation—and most importantly—ongoing monitoring and evaluation.
Our approach to financial management consists of 4 steps:
We take the time to understand what’s important to you and your family, and we offer the financial strategies to help you achieve your objectives.
We map out a financial wealth strategy based on your current status and financial network—the other advisors and members of your financial team—to get you from where you are now to where you want to be. We ask the questions you should ask before making any financial decisions, and we help you systematically consider the alternatives and consequences.
We work with the advisors within your financial network as well as proactively implement many of your financial decisions to ensure the burden on you is minimized.
We help you stay the course, managing and developing your financial plan through regular detailed reporting and comprehensive updates over time and changing circumstances.