Investment Management
Every financial institution is trying to convince you that their products are the best. In reality, each investment firm has their star players but their entire roster wouldn’t make the all-star game. As an independent firm we can select the best players from each firm and build you an all-star team.
There are no hidden conflicts of interest to promote one product or strategy over another. Most of the industry uses a commission-based structure where an advisor is paid directly from the sale of a product. Working with an independent firm like PrimeNet solves these issues.
We are under no obligation to use any specific product. The structure of our business removes this conflict of interest and allows us to focus on delivering results, rather than potentially selling a product with a higher commission.
Retirement Planning
We start with a plan to get you from where you are today to where you want to be. Showing you exactly what it looks like to get you from A to B. However, our holistic approach takes into consideration everything in between, so you’re covered from A to Z.
When we begin to plan, we will start with your current net worth and add assumptions based on different life stages. We will go over what is important to you, and prioritize those values to illustrate a truly unique retirement plan.
THE TOP QUESTIONS THIS PLANNING SESSION WILL COVER
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How long will money last? Am I going to be okay?
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How much can I spend so I won't run out of money?
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When should I take my government benefits (CPP and OAS)?
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Which assets should I draw on first for income?
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What is the earliest age I can retire, or can I retire by ‘XX’ age?
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How much will be left for my children?
Investment Planning
We provide an objective, unbiased review of your current portfolio, looking at the type of investments you hold, associated fees, the sequence of returns, and any other hidden sales charges associated with any of your products.
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Are your investments performing to their relative benchmarks? •
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Do you have the proper asset mix based on your risk tolerance and life stage?
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Are there better alternatives to reach your goals?
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Do you know exactly what you are invested in, and is it what you thought?
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Can we be more tax efficient with the portfolio?
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What’s your expected rate of return needed to reach your financial goals?
Estate Planning
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How will my current assets be taxed at death?
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Which of my accounts can have listed beneficiaries for tax efficiency?
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Is my will up to date?
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What is the best way to pass on assets to the next generation?
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What does probate look like?
Cash Flow Management
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Which accounts should I prioritize based on my financial goals? (TFSA, RRSP, Pension etc.)
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Liquidity events (inheritance, sale of property, insurance proceeds)
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Should I take the commuted value of my pension? • When should I take my government benefits? And what do they look like in retirement (CPP/OAS)?
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Debt management
