Initial Meetings

 

Our initial meeting is at no charge. This is an opportunity to get an overview of your financial affairs, to uncover your objectives for seeking financial planning advice and to discuss the terms of our engagement. You will then be able to decide if and how you wish to proceed.

 

Income Planning is part of the service package

 

Retirement Income Planning is a process, not an event.  It is essential to the success of your plan that there is ongoing monitoring and revision as life circumstances unfold.  Asset-based compensation provides a revenue stream that allows us to provide planning services which are constantly updated to reflect your changing needs. 

 

The expert planning services of Diamond Retirement Planning Ltd. are what sets us apart from most financial advisors.  We are pioneers in the field of Retirement Income Planning and among the first advisors in Canada to recognize the special considerations involved in structuring an effective income plan.  Our programs have been used across Canada to educate consumers and advisors alike about the principle elements of income planning. 

 

Compensation for advisor services is embedded in most investment vehicles.  We offer superior planning services for no more than you are paying under any program in which you may currently have your savings invested.  In fact, as part of your personal plan, and because of our independence, we look for options to decrease the embedded fees (e.g. MER's) you are paying on your accounts. This is one way that we help you achieve maximum results. 

 

Comprehensive financial planning services are included as part of our program on accounts of $300,000 or more in 'managed' accounts.

 

Fee-based asset management

 

Under our asset management program, your money may be managed in pooled funds or 'private client' accounts not available to smaller investors. Sophisticated asset allocation tools and third-party monitoring of the fund managers gives you access to the same sort of watchful money management that is typically only available for large pension funds and institutional investors.


Commonly known as 'wrap programs' or 'retail pensions', these arrangements provide lower management fees, tax-efficiencies, and specialized reporting to the high net worth investors. No commissions are charged for the placement of your money and no redemption fees apply. Our fees are incorporated in the Management Fees of funds (e.g. mutual) and we are compensated directly by the investment managers.


We are not affiliated with any one investment manager, life insurer, bank or credit union. We will shop for and negotiate the best arrangement for you from among a number of preferred financial institutions.