A long-term strategy for building and keeping wealth
A strategy matched to your timeline, your comfort with risk and your tax position, and a plan for preserving what you build.
Is this for you?
- You've built savings and want a clear plan for them
- You're unsure your current mix of accounts fits your goals
- You expect a significant sum, such as from a sale or an inheritance
What wealth and investment planning is
Wealth planning sets a long-term strategy for growing and protecting what you have. It covers how much to save, which accounts to use, how your money is spread across different types of investments, how much risk is appropriate, and how to keep more of your returns after tax and costs.
Who it can help
People who have built savings and want them working towards clear goals, people expecting a large sum from a business sale, inheritance or property, and anyone unsure whether their current approach still fits their plans.
Questions it helps answer
- How much risk is appropriate for my goals and timeline?
- Am I using my registered and non-registered accounts in the most tax-efficient order?
- How should I plan for a large one-time sum?
- How do I preserve wealth as I approach retirement?
What to consider
Time horizon, comfort with risk, tax position and costs matter more than trying to pick winners. A strategy that you can stay with through market falls usually serves you better than one that looks better on paper but is hard to hold.
Limits and risks
All investing involves risk, including the loss of money invested. Past performance does not indicate future results, and diversification does not guarantee a profit or protect against loss in falling markets. Investment products and advice are regulated in Canada, and the services available depend on the registrations held by the firm and its advisors. The investment services Neyos can provide will be confirmed on our Disclosures page.
How Neyos helps
We start with your goals and timeline, then set out a written strategy explaining the approach we recommend and why. Where specific investment products or accounts are needed, we will explain clearly who provides them and how any advisor is paid before you decide anything.
Common questions
Can you guarantee a return?
No. No one can honestly guarantee investment returns. We focus on the things you can control, such as how much you save, the accounts you use, costs, diversification and how much risk you take.
What is risk tolerance?
It is how much short-term loss you can accept, both financially and emotionally, in pursuit of long-term growth. We assess it with you and check it against your timeline.
Related
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Retirement planning
When you can stop working, and how your savings become income.
Learn more about Retirement planning -
Registered accounts
TFSA, RRSP, RESP and FHSA, in the right order.
Learn more about Registered accounts
Talk it through with an advisor.
We’ll start with your situation and tell you plainly what, if anything, you need.
Investing involves risk, including the possible loss of money invested. Past performance does not indicate future results. The investment services available through Neyos depend on its registrations, listed on our Disclosures page. This page is general information, not advice for your situation. Speak with a qualified professional before acting on it.