Frequently Asked Questions

1. What type of client does Tasman serve?

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.

2. What products do you sell?

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.

3. What are your fees?

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.

4. What if I want to continue working with my current broker/lawyer/accountant. Can I do that?

Absolutely. Our approach is to work with your existing team to take advantage of the contributions they can make toward achieving your financial objectives.

5. How frequently will we be in contact?

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.

6. What if I need only one segment of your service, such as the financial plan?

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.