Getting to Know Each Other
Every relationship in business or personal life starts off with an introduction in some way or form. We structure our first meeting with a new potential client similarly to an interview. We want people to be happy with their decision to work with us and it’s important to ensure our personalities and overall philosophies are compatible. If you are looking for big promises and an aggressive investment approach, then we are not going to be a good fit. We bring a very balanced approach to our work, which is why we take the time to establish if we are a good fit for each other by discussing your needs and possible solutions in our initial meeting.
Understanding your Financial Picture
We document your financial picture with a detailed Know Your Client Form (KYC) where we gain an understanding of your sources of income, your current investment approach including your assets and liabilities as well as your general understanding of financial markets. Through this process we identify our starting point for building a strategy that’s unique to you.
Joining your Team
Quarry Wealth Management and our Private Wealth Advisors are the quarterback of your team. We utilize our knowledge and experience and help set realistic and obtainable goals for you to achieve. With our very broad shelf of products and services from leading insurers and wealth professionals, we are able to navigate and develop solutions that are right for you.
Developing your Action Plan
Once we have an understanding of your financial position, goals and risk tolerance, we will create a plan of action encompassing an investment approach that recommends suitable investments, insurance and structures to help you achieve your individual goals.
Implementing Your Plan
Implementation can be a multi-step process or it can be as simple as changing a few funds to better suit your circumstances. In complex situations we will consult with your tax and legal advisors to ensure you have the best structure in place to grow your assets and to mitigate risk. We find that one of the most difficult tasks is building your asset base – we want to help you keep your assets while you earn respectable returns. Capital preservation is extremely important to us and we integrate it within our investment approach.
Annual Review of your Plan
We recommend reviewing your plan on an annual basis. This is to accommodate for timely execution, relevance to market conditions and changing lifestyle needs. Communication is a two-way street. Adapting your plan to incorporate lifestyle changes and economic events requires open dialogue.