(780) 945-2881 info@cordisfinancial.ca

What We Offer

Financial Planning

Cordis Financial Planning Services

Financial planning is a set of services designed to ensure your financial needs are met now and in the future.

Investment Planning

 

Investing appropriately depends on the risk tolerance of the individual and their personal circumstances. What is appropriate for a 25-year old may nor may not be appropriate for a 65-year old; what is appropriate in a tax-free savings account (TFSA) may not be appropriate in an registered retirement savings plan (RRSP) or a registered education savings plan (RESP). Understanding “why” is just as important as “what” when it comes to investing your money.

Insurance Planning

Insurance is a tool for transferring risk from an individual to an insurance company. Basically, the insured person trades the risk of a large loss for a smaller predictable “loss” in the form of a premium. There are many types of insurance and each has its own use, ranging from life, critical illness and disability to long-term care insurance. Length of coverage can vary from a short time period to a person’s lifetime. Critical to making the best decision on what insurance to buy is being clear on your budget and needs, what products are available, and what risks are involved. Every individual’s and family’s needs are unique to their situation.

Business Insurance Planning

 

Because they can outlive an owner or partner, businesses have unique planning factors. This makes it vital to identify and match the need with the corporate structure and right insurance product. When necessary, the process to do this can include working with other professionals, such as accountants and lawyers.

Financial Planning

Financial planning is a process where a person(s) works with a financial planner to look at the entire range of personal finance: insurance, investments, tax, retirement and estate. This is a “360 degree” look at a person’s life that goes beyond focusing on a single transaction. Traditionally, it involves a six-step process:

 

  1. Establish the engagement and define the terms
  2. Gather data
  3. Analyze and evaluate the data
  4. Develop recommendations and/or alternatives
  5. Implement the recommendations
  6. Review the plan

Get In Touch

10563 172 St.
Edmonton, AB, T5S 1P1

(780) 945-2881

info@cordisfinancial.ca