What is fee-only net worth advice?
Is it really different? Is it right for me?
According to John Amonson, President of Unbiased Financial Services Inc., the fundamental difference is the focus on you and your needs rather than on "what to buy next."
In most cases, your collective financial team is made up of specialists. Specialists tend to assume someone else is handling the so-called big picture, but the problem is the role is often vacant. Often, no one is handling the overall direction, priority setting and orchestration of specialists.
Hiring specialists is like having an all-star team of players who don't know each other and or work well together. They are not really a team until someone pulls them together.
What’s so important about the big picture?
“Everything,” asserts John. “Without it, you can’t see where you are or where you’re going.”
struggle to put all
the pieces together.
They feel like they
can't see the forest
for the trees.
"Even with expert advice from estate planners, investment managers and other financial specialists, many people struggle to put all the pieces together. They feel like they can't see the forest for the trees."
Ten years ago, John took a different approach. He shifted his focus away from individual tactics into a long-term program view, where the goal is to get all the parts working together to achieve a set of overarching objectives.
He admits the approach is a break from what people are used to. "We're so accustomed to a tactics and product-centric approach, anything integrated tends not to fit into our preconceived notions about wealth management."
Our program focuses on three key financial areas: your income, your behaviours and your net worth. Basically, the better you manage these issues, the better off you will be.
"Like everything new, it takes time to master."
Is net worth advice right for you?
We serve a wide variety of high net worth individuals and families. However, to ensure you receive value with us, you need to fit our profile. We find we are a good fit when:
- Your net worth is in excess of $5 million (including non-investment assets)
- Your family annual income is $500,000 per year or more
If you prefer to learn more before contacting us, we invite you to download our white paper.
If you qualify and think being in complete control would be a nice change, we invite you to Contact Us to book a private conversation.