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
Scott has worked as an independent financial advisor for more than 30 years.
His extensive educational background includes a BEng, a BComm and an MBA. He has also received certification as a Certified Financial Planner (CFP) and is a Registered Financial Planner (RFP).
Scott began his career in the financial wealth management business in 1982 as a founding partner of a Montreal firm.
He is currently serving as president of the Institute of Advanced Financial Planners and has filled a variety of roles on the organization’s board over the past decade. He has also served on the board of the Ottawa chapters of the Financial Advisors Association of Canada (Advocis) and the Canadian Association of Financial Planners.
His work in the community includes serving on the board of the Queensway Carleton Hospital for five years. Currently, Scott serves on the board of Personal Choice Independent Living, a non-profit organization that offers housing and support services to people with physical disabilities as well as assisted living services to seniors.
Scott launched TASMAN in 1995 and today works with a wide variety of clients and their families.
Prior to joining the Tasman team in 2010, Sharleen acquired entrepreneurial experience as co-owner of a family business. She has worked for over 15 years in office administration, which includes experience in both human resources and the financial sector.
At Tasman, with her dedication to the company as well as to the clients, Sharleen is instrumental in assisting clients and ensuring all their needs are met. With her entrepreneurial background, coupled with her strong administrative skills, she ensures the smooth functioning of the office.
Beth joined the Tasman team in 2015, bringing previous experience in accounting, client service and administration. Her motivation and strong work ethic make her a valuable asset to our clients as well as our business.
At Tasman, Beth works closely with our clients to ensure all their needs are met and their questions answered. She also manages day-to-day office procedures.
Marilyn joined the Tasman team in 2016 with 15 years of corporate and bookkeeping experience.
Her strong work ethic makes her a valuable asset to our business. At Tasman, Marilyn maintains the smooth running of day-to-day operations and spearheads special projects.
Nicholas joined the Tasman team in May 2018 as one of Tasman’s student interns. He is currently pursuing a Bachelor of Commerce degree from Carleton University, with a concentration in Finance. He brings a strong work ethic from his previous role as a sailing instructor teaching intermediate racing. He is very excited to see where the new business model will take Tasman in the coming years.
Naomi joined the team in May 2018 as one of Tasman’s student interns. She has a Bachelor of Social Science from the University of Ottawa and is currently a Business Accounting student at Algonquin College. With her previous experience as an administrative assistant, she brings organization skills and dedication to her work at Tasman. In her current role as a student intern, Naomi is responsible for developing a new business model to provide Tasman with a wider market in the financial sector.