Our Services

You and your family (partner, spouse) work hard to accumulate assets over a lifetime. The hope is that, when the time comes for you to leverage those assets, they’ll be there for you to benefit from. Asset Management service is all about helping you manage YOUR financial assets using a prudent and conscientious approach.

WHY ASSET MANAGEMENT IS IMPORTANT

Individuals and families depend on the assets they accumulate over the years, being able to sustain them later in life – in retirement or in the event of an unforeseen need. However, not everyone has the time to monitor and manage those assets. And even if you do have the time, you might not have the skills and patience to do so. In not managing your assets diligently over your accumulation phase, you could leave them exposed to erosion, destruction or depletion. The result: You might not have those assets (or a significant portion of them) in times of need.

WHAT WE CAN DO FOR YOU

Our Asset Management service covers:

• Determining your objectives: Not everyone has the same, or similar, financial objectives as they embark upon accumulating their wealth. To manage your assets prudently, we first need to understand what your goals are for initially accumulating and subsequently using those assets

• Helping you choose your optimal asset mix: There are literally hundreds of asset-types that you can invest in, and as many ways to do so! Depending on your goals for asset use, we’ll help you choose the right asset mix that can most efficiently/effectively pursue those goals

• Assisting you create a strategic asset allocation plan (SAAP) and tactical asset allocation plan (TAAP): Successful investing is all about successful planning. We’ll help create both long-term (strategic) and short-term (tactical) asset allocation and management plans in line with the recommended asset mix 

• Building your portfolio: Today, thanks to DIY-investing, anyone can create a discount brokerage account and start buying assets and including them into a portfolio. However, that’s not the most efficient or effective way to create log-term wealth. Using the allocation mix agreed upon, we’ll build a results-focused portfolio of individual investments (Stocks, Bonds, Mutual Funds, ETFs, Alternate investments) that will help get you to your financial objectives

• Managing and monitoring the portfolio: Unless you have the time and patience to dedicate to portfolio management, it can’t be done effectively. We know you have other things to do – such as living your life, so we’ll watch over the portfolio for you, making sure it never strays from delivering the objectives you desire 

• Measuring performance: We track the performance of your assets under our care, and constantly measure how they are performing against industry recognized benchmarks 

• Managing risk: Our Asset Management strategy includes appropriate risk mitigation as part of this service. Where there are new risks to the portfolio, we’ll consult with you and propose timely and appropriate actions to manage and mitigate them

• Reviewing, reporting, recommending changes and revisions to the strategy: Our Asset Management service is based on constant and open communication and collaboration with our clients. Through regularly scheduled reporting and conversations, we ensure that your asset management plans are continually reviewed, revised and updated to meet your changing circumstances

INTRODUCTION 

When you are full of ideas for starting a new business, all you can see is what’s going to happen tomorrow. The thought of having their vision turned to reality often blinds new entrepreneurs to that all-important question: Does it all makes sense financially? While passion is key to turning vision into a functional business, prudent financial planning is critical to ensure that reality comes to fruition, and continues to survive and thrive!  

WHY FINANCIAL PLANNING IS IMPORTANT FOR BUSINESS OWNERS

Just as even the savviest of pilots can’t always fly blind all the time, so too is the case with business owners. Meticulous financial planning, for the short-term, in the intermediate period, and for the long-term horizon, is vital if a business is to succeed. 

Without sound financial planning, even the best of business ideas can soon falter and perish. Business financial planning is the lifeblood for any venture to succeed, expand and flourish in the long run.

WHAT WE CAN DO FOR YOU

Here’s how our Business Financial Planning strategies can help you:

• Start-up financial planning: As you start up your new venture, you’ll need to finance its ongoing operations. Our experienced professionals can help uncover creative capital financing opportunities for you

• Business plans: To ensure the ongoing viability of your business, you’ll need help putting together a sound business plan – for the short, intermediate and long-term. We can help create that plan for you

• Contingency planning: Emergencies and unforeseen situations can arise anytime during the life of the business. It takes savvy financial advice to ensure you have the financial safety net to successfully weather the business through such events

• Taxation: Most jurisdictions offer a number of tax incentives to business owners, so that they might create, expand and continue operating in those jurisdictions. Unfortunately, many business owners are either unfamiliar of the tax-friendly nature of such incentives; or they underutilize them to the detriment of their business. Working with your tax professional we can help you understand such incentives so you can apply them to potentially reduce your business taxes 

• Asset acquisition: Whether you choose to own an asset outright for your business, or ensure its use through other means, will depend on the financing options available to you. We can help you make buy versus rent, versus lease decisions that are right for you

• Debt management: Is it best to borrow against business assets? Or should you consider refinancing? Or would it make sense to dispose-off some assets to finance debt? These are every-day decisions that we help business owners make

• Business expansion and diversification: When it comes to expanding and diversifying your business, you’ll find us right beside you when evaluating financial proposals and financing options to fund those initiatives  

• Employee retention: No business is ever successful without satisfied employees. We’ll work with you to help offer attractive remuneration, compensation and benefits packages to your employees, that will motivate them to consider making a long-term career with you and your company

• Succession planning: What happens if something untoward happens to you? What if you wanted to step down, or take a less active role in the business? Is there someone groomed and primed to assume the mantle of leadership and succession?   

• Retirement, Estate and Legacy planning: And when it’s time for you to call it quits, we’ll be right there to ensure you are able to enjoy the fruits of your hard work. Through careful planning, in conjunction with your legal counsel,  we’ll not only make sure you enjoy a comfortable retirement, but that your legacy passes seamlessly to your next generation of successors

Whether it’s owning your own home, funding your children’s education, or creating a stress-free retirement, a financial plan is considered vital in working towards your goals. A well-grounded and effective plan goes beyond the realm of saving, budgeting, and investing. It also considers other elements of your financial picture, including insurance planning, tax planning, retirement planning, estate planning, and much more. 

By understanding the role of financial planning in meeting your short, intermediate, and long-term financial aspirations, you'll be better equipped to control your financial future.

Our Approach to Financial Planning

• Discovering You: Our process begins with a consultative discovery meeting designed to learn more about you and your goals. This is also an opportunity for you to learn more about what we do, and see if we’re a good fit for your needs.
   
• Strategy Planning: Once we learn who you are, we'll start developing your personalized plan. Through our strategy-building process, we’ll create a set of personalized plans – for the short, intermediate, and long-term – that aim to fulfill your overall financial strategy. We use a consultative and iterative approach, so each session brings us closer to the financial objectives we set together.
   
• Implementation: Whether it’s making the right investment decisions, choosing the right insurance plan for you and your family, saving to reach your retirement goals, or creating an estate plan that preserves your legacy; our financial professionals will be right there by your side as you take each step. Through foresight, encouragement, and professionalism, we’ll make sure each step of your plan is implemented.
   
• Review and Support: We’ll laud you at every successful implementation of your financial plan, and help you stay on track to meet your objectives. Through plan reviews, we’ll consult with you and make modifications to your strategies and plans as needed.
   

Book an initial consultation with one of our financial professionals to create your personalized financial plan.

GPL Asset Management and LPL Financial do not provide legal advice or tax services.  Please consult your legal advisor or tax advisor regarding your specific situation.