- What does a Certified Financial Planner* do? A financial planner works with you to help you line up your finances with your desired goals. Whether it is to own a home or travel or to retire comfortably, we will create a plan that helps you achieve those goals.
- How much does it cost to meet with you? It costs you nothing to meet with us. Our first meeting, which usually lasts one hour, is designed to understand what is important to you, what you value most and also to evaluate your current financial situation including debt, investments and insurance. Once we complete the first meeting, we decide on whether we will work well together. Our next job will be to summarize and evaluate your current situation and provide a plan to achieve your goals. We will then plan to review 2-3x per year to ensure the plan is implemented properly and stays on track.
- How are you paid? Currently, we are paid by the investment and insurance companies when you invest or purchase insurance. The fund companies and/or insurance companies compensate us by paying a us a commission. We will provide you as much detail as you would like to understand how and what the fees are that are paid. Since there are many choices, it is best for us to discuss your individual situation and how my compensation is structured in our first meeting.
- Who do you work for? We work for you. As independent financial advisors, we are able to provide you with solutions from a variety of different investment and insurance companies. This allows you to have your eggs in several baskets if you so wish, but with one point of contact. We seek to find the best solutions for your situation and have many different companies who we work with to provide the best solution. Since we work for you, we will be dedicated to your plan for the long term.
- Who needs a financial planner? Everyone needs a financial planner. If you are 18 years or older, you need to start making plans and dreams. Those plans and dreams are going to require financial resources, so you are never too young to employ a financial planner. No matter what stage in your life, your financial planner should be someone who works for you to ensure your financial decisions are sound, that you are taking advantage of the best financial offerings for your situation and keeps you up to date and informed. A financial planner works behind the scenes for you while you achieve your goals and dreams. Just like you should see your doctor and dentist every year, you should see your financial planner at least once a year.
Please feel free to contact us with any other questions you need answered. If you’re asking these questions, others likely are, too! If you’d like to book an appointment with us to find out more, please do so.
*Desjardins Financial Security Investments Inc. (DFSI) & Desjardins Financial Security Independent Network (DFSIN) are not providing the financial planning service and will not be supervising this activity. You should not rely on DFSI or DFSIN for review of the plan. DFSI and DFSIN is neither charging nor being paid any fees for this service and will not be liable for any errors or omissions. This financial planning service is done solely through Judy Schrempf & Financial Health Associates.