I need a comprehensive financial plan
It's a good idea to fine tune your financial plan regularly, and with expert help, to ensure you are maximizing your financial potential. No matter where you are in life, a BMO Nesbitt Burns Investment Advisor can help you achieve that balance with a comprehensive financial plan..
How do you envision your future? Are you looking forward to tackling new challenges like starting a business or achieving greater success on your current path? Or, would you simply welcome the peace of mind that comes from feeling in control of your finances and in a position to handle life's many surprises?
How we can help
Your BMO Nesbitt Burns Investment Advisor will take the time to know you and your situation, to help you build a plan that is right for your goals and your life. When you work with an Investment Advisor to plan your finances and investments, you'll explore the following key elements of a solid financial plan.
Your Investment Advisor will focus on understanding your individual needs and creating custom solutions to meet them. You'll thereby gain the confidence that comes from knowing you have a comprehensive financial plan designed specifically for you.
Your Investment Advisor will also look at your complete financial picture. Through BMO Nesbitt Burns, you'll have access to all the wealth solutions and services you'll need to make your financial plan as effective as possible. And through BMO Financial Group, we can also arrange to meet all your other financial needs.
Once your custom plan and investment strategy are in place, your Investment Advisor will help you stay focused on your goals and provide regular reviews. That way, when your life or financial needs change, your Investment Advisor will be there to help adjust your plan and strategy accordingly.
Advice in action: Jennifer and Ryan
Jennifer and Ryan are both information technology professionals in their early 40s. They married in St. Lucia six months ago and they're now faced with the practical realities of merging their lives – and their financial future. Before they met, Jennifer's priority was paying off the mortgage on her downtown condo, while Ryan had been focused on maximizing his substantial RRSPs.
Beyond that, Jennifer and Ryan hadn't given much thought to financial planning, but now realize they need to plan ahead as a couple. They do know they'd like to return to St. Lucia to buy a condo as an investment, and possibly retire there. Coincidentally, Jennifer recently inherited a substantial sum from her grandmother. The couple would like use some of the inheritance to help pay for the condo, but they also want to travel and build up their RRSPs. Read More
A BMO Nesbitt Burns Investment Advisor can show Jennifer and Ryan how a comprehensive financial plan will clarify their financial objectives as a couple. Their Investment Advisor can help the couple develop investment strategies designed to consolidate their two financial lives to align with those objectives. With a plan in place, an Investment Advisor can also help them plan for their condo purchase, explore the benefits of a spousal RRSP, and other goals. An Investment Advisor can also show Jennifer how to most effectively use her inheritance and whether it makes sense to direct it toward the condo purchase or use it to invest for the future.
Use our Financial Planning Calculators to help you determine how much money you will need to reach your goals.