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.
Our independence from outside influences ensures our comments and recommendations are free of any consideration other than your best interests.
Our objectivity is derived from a clear understanding of the opportunities and risks of all alternatives for your comprehensive financial wealth plan.
Our independence and objectivity results in the thoroughness of our analyses and recommendations to ensure your long-term satisfaction with the contributions we make to your financial peace of mind.
Our 30 years of experience with a variety of clients across spectrums—age, occupation, industries, income levels and net worth—ensures we are able to give you the best advice, deliver the required actions and monitor your progress.
We will be a true partner within your network (your financial and legal team) to bring you solutions to problems you may not be aware of. We’ll also advise you how to take advantage of opportunities you may not even have appreciated.
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
As you view our website, know that we do not keep any personal information you may voluntarily provide to us, other than for the purposes for which you may provide it.
1. What this policy covers
This Policy covers our treatment of the personal information we collect from you, in the course of commercial activities. Specifically, this policy concerns how information is collected, used, securely maintained and ultimately disposed of properly.
Personal information is generally any information about an identifiable individual. It may include, inter alia, name, age, mailing address, residential phone numbers, email addresses, personal history (including financial and credit information, donations, personal health information, billing history), personal information relating to corporate involvements, work experience, income and other benefits, medical records and tax records.
“Commercial activities” are defined in the PIPEDA as activities including every transaction, act or conduct that is of a commercial character, whether it is a single transaction or occurs in the course of business.
2. Purposes for collection of personal information
TASMAN collects personal information for the following limited purposes:
3. How personal information is used
TASMAN is a fee-only financial planner, providing tax planning, portfolio planning and monitoring and estate planning activities. Personal information is used to service clients’ financial planning needs. TASMAN also maintains a contact list containing personal information. From time to time, TASMAN may contact you requesting additional personal information to assist us in maintaining our contact or mailing lists.
4. How personal information is maintained
We do not sell, barter, trade or give away your personal information to any third parties, unless authorized by you. For example, we do not provide our constituent mailing lists to any other parties. TASMAN stores and maintains personal information in conformity with the requirements of the Personal Information Protection and Electronic Documents Act (the “Act”) and the Model Code for the Protection of Personal Information (the “Code”) created and approved by the Canadian Standards Association (CSA).
6. Your IP address
Like most websites, each time you visit the site, we automatically collect your IP address. It is used to help diagnose problems with our server, and to better administer the site for all users. Your IP address is not used to help identify you or to gather broad demographic information, as some websites do.
B. APPLICATION OF THE CANADIAN STANDARDS ASSOCIATION’S MODEL PRIVACY CODE
TASMAN applies the 10 principles of the Code as follows:
TASMAN is responsible for the personal information collected and maintained by it and which is under its control. In order to fulfill this responsibility:
2. Identifying purposes
TASMAN is committed to openness to you regarding its collection and use of personal information. As discussed above, we collect and use personal information for the following limited purposes:
To demonstrate this openness, we require the consent of our clients prior to using their personal information for any purpose other than that for which it was originally collected.
Similarly, if any individuals wish to be advised of the personal information we have related to them, they can contact us at the address set out in Section C below.
TASMAN is committed to ensuring that you are aware of how your personal information is used. We are dedicated to obtaining the consent of individuals who provide us with their personal information. To this end, all our employees or agents are instructed to provide information about how personal information is used by us to all interested individuals who inquire, as well as obtain the consent of those who provide their personal information. You may provide your consent to us either orally or in writing.
As well, we may periodically request written confirmation from you to ensure that the personal information collected and maintained by us is up-to-date and accurate. We also may ensure that we have your continuing consent to the use and retention of your personal information.
TASMAN will disclose your personal information, without notice, only if required to do so by law or in the good faith belief that such action is necessary to:
4. Limiting collection
TASMAN restricts the collection of personal information only to that information that is necessary for the limited purposes noted above. We are committed to collecting personal information in a fair, open and lawful manner. For this reason, TASMAN does not indiscriminately collect personal information. We collect personal information to fulfill the above-noted purposes only, and for no other purposes.
5. Limiting use, disclosure and retention
TASMAN does not use personal information for purposes other than those for which it was originally collected, unless it has first obtained the consent of the person from whom such information was received. We retain personal information only for as long as it is needed, or for as long as required by law, and only for the fulfillment of the purposes for which it was originally collected.
TASMAN is committed to maintaining accurate, complete and up-to-date personal information. If you are aware of changes to the personal information you have given to us, simply inform us of the changes and we will update our records accordingly.
You may check and correct your personal information by contacting us through the CPO, whose responsibility it is to oversee the day-to-day care and control of personal information, by writing or emailing your request to the address set out in Section C below.
TASMAN has developed and implemented security safeguards appropriate to the sensitivity of the personal information kept by us. These security safeguards include:
If we collect information from you or from third parties we will have obtained the necessary consent to do so, or will do so as otherwise permitted by law. Third parties include, as examples, service providers, references and other persons that we need to contact to provide services, to establish, manage or terminate an employment relationship, or for administrative or management purposes.
We also ensure that any of our employees who deal with personal information are properly trained and are aware of the necessary and appropriate measures required to protect personal information.
Any personal information kept by us is disposed of once it is no longer needed to meet the purposes for which it was collected, unless we receive your permission to keep such information, or is kept as required by law.
TASMAN operates a regular shredding procedure, to ensure the confidentiality of personal client information. Tax records are maintained for the requisite legal amount of time.
TASMAN makes information about its policies and practices respecting the collection and maintenance of personal information available to all interested parties.
We are pleased to answer any questions that you may have regarding the collection and maintenance of personal information. Please forward any questions in writing or email to the CPO at the address set out in Section C below.
9. Individual access
You can also request access to your personal information held by us. However, we reserve the right to confirm the identity of the person seeking access to personal information before complying with any access requests. Please forward your access request in writing or email to the address set out in Section C below.
Upon request, we will inform you if we have any of your personal information in our care and control, as well as providing you with the details of such personal information. In responding to your request, we may charge you a reasonable fee.
We are also committed to ensuring that the personal information that is collected and maintained by us is correct, accurate and complete.
As well, you can challenge the completeness of your personal information under our care and control. Where you can successfully demonstrate that an error in the accuracy or completeness of your personal information exists, we will amend your personal information appropriately. When a challenge is not resolved to your satisfaction, then we will destroy your personal information under our care and control.
If we are unable to provide you with access to all of the personal information we hold about you, then the reasons for the denial of access will be provided to you.
10. Challenging compliance
As noted above, TASMAN has designated an official(s) who is responsible for the day-to-day care and control of personal information. This official(s), the Chief Privacy Officer, will receive and respond to all information requests regarding our privacy policies or about your personal information under our care and control.
If you wish to be added or removed from any of the lists TASMAN maintains, please write or email your request to the mailing list administrator at TASMAN Financial Services, 301–2039 Robertson Road, Ottawa, Ontario, K2H 8R2.
We investigate all complaints received by us and will respond in writing in a timely manner. If any complaint is found to be justified, then we will take appropriate measures to resolve the matter to the satisfaction of the complainant.
C. HOW TO ADD, REMOVE OR AMEND YOUR PERSONAL INFORMATION
If at any time you wish to amend your personal information with us or remove your name from our mailing lists, simply inform us in writing at the address below or by email, to the attention of:
Mr. Scott Robertson
TASMAN Financial Services
301–2039 Robertson Road, Ottawa, Ontario K2H 8R2
613-820-0270 (fax: 613-820-2787)
We are proud to demonstrate our commitment to privacy protection. We will investigate all complaints or enquiries received by us in a timely manner. If any complaint is found to be justified, then we will take the appropriate measures to resolve the matter to the satisfaction of the complainant.