A GREAT plan starts with understanding today - your Goals and Challenges.
Plans can take many forms - not just for retirement, which can seem a long way off. Plans can be for shorter terms goals too.
Think of working with us as 'two heads are better than one' - working together we can get a better outcome.
Remember the 3 Little Pigs?
we know how that one turned out
Building sustainable wealth is no different...
START with a solid foundation
LOOK FOR WEAKNESSES in your structure and reinforce where / when necessary.
WEATHERPROOF your plan for storms.
Build in some room for luxuries along the way...after all life IS for living!
Plan for Wealth is guided by a code of ethics based on several principles including integrity, objectivity, competence, fairness, confidentiality, professionalism and diligence. We believe in open communication and are committed to the following principles:
1. We will always put your best interests first.
2. We will act with skill, care, diligence and good judgment.
3. We will not knowingly mislead you and we will provide full and fair disclosure of all important facts.
4. We will avoid conflict of interest.
We have also established policies and procedures for a number guidelines including Client Engagement, Protection of Personal Information and several disclosures that may pertain to your situation. To ensure our files are up-to-date and compliant with current legislation, we ask that you review the following sections of this document carefully and sign where indicated.
In addition to the above, when making a product recommendation we need to know that it is suitable given your situation, goals and objectives. To ensure that we have sufficient information about your needs and objectives, we may also ask that you complete a short “Financial Needs Analysis”. This will help us understand your situation and to see the Big Picture before providing you with financial advice.
At Plan for Wealth, we are committed to putting your interest first, every time.
SECTION 1 - CLIENT ENGAGEMENT
This section is intended to set forth the mutual understanding of the terms and objectives of our engagement. To better meet the needs of clients we offer several service options, designed to provide you with access to the advice you need based on your situation and the goals and objectives you have for your future.
1.3 Advisor Assurances
If, for any reason, you are not satisfied with the scope and detail of the service/advice provided please let us know so we can better meet your needs. All recommendations presented to you, including those involving the purchase of a financial product, will be made with your best interests in mind. At no time will you be under any obligation to accept any advice provided or to act on any of the recommendations made.
1.4 Client Assurances
You agree to provide us with the necessary personal and financial information as accurately as possible.
You agree to make us aware of anything in the recommendations that you do not fully understand.
You agree to notify us of any changes in your situation that may have an impact on your needs.
1.4 Client Acknowledgment
To complete your plan and offer you advice, we will be required to invest a considerable amount of time and cost related to the financial services provided to you. You agree to make this investment based on the understanding that should you decide to purchase any financial products or services as a result of our work that you will do so through our office, with the understanding that we may receive service fees and/or commissions relating to the sale.
1.5 Limitations and Guarantees
You understand that all recommendations will be made based on financial models involving numerous assumptions that are certain to change and are neither an estimate nor a guarantee of future performance. Actual results will vary, as even the smallest change to the future rate of inflation, return on investment and/or taxation can have a major impact on the forecasts contained within the financial analysis.
2.1 Our Commitment to Protecting your Privacy
We adhere to the Personal Information Protection and Electronic Documents Act (PIPEDA), a federal privacy law, and the provincial privacy laws that apply. We will maintain the highest standards of confidentiality to ensure the protection of your personal information. We also adhere to the Canadian Anti-Spam Legislation and Regulations and will only communicate electronically with your permission.
We are responsible for the personal information received from clients and will safeguard that information in whatever form it is held. My employee also understands and abides by these rules.
2.3 How We Collect, Use, Share, Disclose and Retain Your Information
We collect all personal, corporate, financial and related information with your consent, and use and retain it solely for the purposes of providing advice and to ensure that any products or services you purchase through me are provided quickly and correctly. We confidentially convey your personal information to insurers through wholesale organizations known as Managing General Agencies (MGAs), which are contracted to provide administrative services to them. We only collect and keep information that helps me formulate advice, including personal, financial and health information. With your consent, we may share this information with others to get you help in areas outside of my areas of expertise. We are required to retain much of the information we collect for regulatory reasons including the requirement that we be able to demonstrate that the recommendations made are appropriate and address your identified needs.
We use your personal information to identify products, concepts and services to address needs you have identified. By signing this form, you agree: to provide accurate information throughout our business relationship as your circumstances change, to allow us to use, share and disclose this information on an as-needed basis with my suppliers, associates and wholesale organizations, which may retain some information on file for future use and reference by us, our suppliers and any assignees, to allow us to retain your personal information, including health information housed on your applications, in our paper and electronic files for as long as you wish Plan for Wealth to be your advisor or for as long as required to by law, and to the assignment of your file, including your personal information, to another agent and/or MGA, to continue to service your needs, should Rhonda Martin become incapacitated, die or retire. You do, however, have the right to choose your own agent at that time, should you not agree to the assignment.
2.5 What We will NOT Do with Your Information
We do not sell client information to anyone, nor do we share client information with organizations that are outside of our relationship.
2.6 We Strive to Protect Your Personal Information
All employees, associated advisors, wholesale organizations and suppliers that are granted access to client records are required by law and regulation to keep this information protected, confidential and to use the information only for the purposes identified. Information that is no longer required for the intended original purpose will be discarded by shredding or similarly destroyed. We’ve also established physical and systems safeguards, along with proper processes to protect client information from unauthorized access or use.
2.7 Your Privacy Choices
You may withdraw your consent at any time (subject to legal or contractual obligations and on providing us with reasonable notice) by contacting us. Withdrawing your consent may prevent us from providing you with requested products or services and may end our business relationship.
2.8 Your Right to Complain
You have the right to complain confidentially to us, to the insurance company and to the Privacy Commissioner of Canada if need be.
SECTION 3 – ADVISOR DISCLOSURE
3.1 Licencing, Certifications and Registrations
We are licensed as a life insurance and segregated investment funds agent incorporated as Plan for Wealth Ltd in the province of Ontario. Rhonda Martin is also a certified Elder Planning Counsellor (EPC) and a Certified Divorce Financial Analyst (CDFA). We are also a registered Personal Income Tax E filer.
3.2 Companies Represented
We currently hold broker contracts with the following insurance companies: Canada Life, RBC Insurance, Humania Blue Cross, Equitable Life, Sunlife – service advisor, Manulife, Desjardins Insurance, Benecaid, Blue Cross, The Edge Benefits, TuGo, Unity/Forresters, Canada Protection Plan, SSQ , Industrial Alliance. As an independent broker, we are bound by the laws governing life insurance agents and the Code of Ethics of our professional associations. This means that any insurance product(s) we recommend will be the one(s) we deem to be best suited to meet your needs, without regard to the compensation practices of any one company.
3.3 Relationship with the Companies We Represent
No insurance company holds an ownership interest in our business, nor do we hold an interest in any insurance company.
If you choose to purchase a financial product through us, we will be paid a sales commission from the company that provides the product. We may receive a renewal (or service) commission if you keep your financial products for years to come. We may also be eligible for additional compensation such as bonuses, non-monetary benefits such as travel incentives, depending on various factors such as the volume or persistency of business that we place during a given time period. Be assured that, even though we are paid commissions by Insurance Companies, your financial objectives are the first priority.
3.5 Conflict of Interest
We take the potential of a conflict of interest seriously. We will notify you if there is a conflict of interest of which we become aware in regard of our recommendations to you.
3.6 More information
Should you require additional information about our qualifications or the nature of our business relationships, we would be pleased to assist you. Our contact information can be found on this website.
Copyright © 2019 Plan for Wealth Ltd. - All Rights Reserved.