Orkestral : Your intelligent and dynamic financial plan
The members of the FÉRIQUE Investment Services Wealth Management team can help you with a clear, optimized financial plan. Using Orkestral, a planning tool powered by Conquest technology, they can create personalized, ever-evolving financial plans, analyze various scenarios and make clear recommendations to help you move forward with confidence.
A holistic view of your finances
Financial planning is bit like going through your house before you begin renovations. It involves taking stock of what you already have, what’s working well, what needs to be improved and what you want to build for your future enjoyment.
In concrete terms, a financial plan covers six aspects of your financial life
1. Personal and family situation
Are you married, in a common-law relationship or single? Do you have children and, if so, are they still in school? What are your life plans? Do you foresee any personal or family changes? All these matters have a bearing on your financial planning.
2. Financial situation
Money inflows and outflows fall into this category: your income, your savings and spending habits, and how you manage your debts as well as your investments. On the FÉRIQUE Investment Services Client Portal, online tools such as Budget and Balance Sheet are available to help lay the foundation for a financial plan and maintain an overall view of your finances.
3. Retirement
Retirement is one of the most important elements of financial planning. You need to think about the standard of living you’ll want at that stage of life and determine how to prepare for it financially. Consult our retirement guide or visit our Preparing for Retirement page.
4. Tax efficiencies
When it comes to taxation, the goal of financial planning is to take advantage of tax-saving opportunities. Consult our videos on tax planning to learn more.
5. Insurance
Do you have group insurance coverage? Are you protected in the event of disability or are your loved ones protected in the event of your death? A sound financial plan addresses these matters. To see how insurance can be used as a tool to help ensure your family’s financial security, consult our video 4 Options to Address a Shortfall in Retirement Funds.
6. Estate planning
The concept is that everything is interconnected: An investment choice can have a tax impact, insurance can protect an important project and a realistic budget can help you save more. Estate planning is not always a priority we think of spontaneously; however, sound estate planning ensures that your wishes are respected and helps preserve family harmony. Consult our video Talking About Estate Planning: Why Is It Important?
The concept is that everything is interconnected: An investment choice can have a tax impact, insurance can protect an important project and a realistic budget can help you save more.
The financial planner’s role
A financial planner is like a guide who helps you take stock and see things clearly. The process begins with an open, frank discussion of your situation, income, expenses, debts, life projects, dreams, goals and so on.
The planner then analyzes all the information to gain an understanding of where you are in your financial journey. The objective isn’t to question your choices but to ensure you can move in the direction you want to take.
Need advice for your investments?
Our advisors and mutual fund representatives at FÉRIQUE Investment Services can assess your current situation and develop a strategy to help you reach your goals.
- Retirement planning
- Decumulation planning
- Estate planning
Contact us :
T 514-788-6485 | Toll-free 1-800-291-0337
Monday to Thursday, 8 a.m. to 8 p.m. | Friday, 8 a.m. to 5 p.m.
