Wilson Wealth Management offers advisory services to clients on a fee only basis.
As in hiring a lawyer, accountant, or visiting a physician, we provide completely independent and objective advice to you. Wilson Wealth Management is not employed by a bank, mutual fund, nor any other financial institution. We do not receive any renumeration from outside parties for selling products. There are no actual nor potential conflicts of interest.
We work directly with you to provide the best solutions for your unique needs. Professional support comes via over 20 years experience in wealth management related fields as well as technical qualifications as a Chartered Financial Analyst, Chartered Professional Accountant, and CERTIFIED FINANCIAL PLANNER.
Wilson Wealth Management offers a variety of professional services, including:
An Investment Policy Statement (IPS) creates a structured and comprehensive 360° investment plan. The IPS serves as a formal framework and detailed program for long-term wealth accumulation based on your unique financial objectives and personal situation. It includes:
The Investor Profile is a snapshot of you today and where you want to be in the future. It is the basis for all investment related recommendations and actions.
The Investor Profile assesses and documents: current financial position and expected future cash flow; existing investment portfolio and asset allocation; investment time horizon and phase in earnings life cycle; short, medium, and long term investment objectives; personal constraints; investment return expectations; risk tolerance; personal tax factors; special circumstances that may impact the portfolio.
Suitable general investment options will be derived from the Investor Profile. Emphasis at this stage is on asset classes and sub-classes to develop a proper Target Asset Allocation.
Other factors impacting potential asset classes and sub-classes include: overall market and economic conditions; investor experience and knowledge; existing bankable assets; financial institutions utilized; specialized market, industry, company, or asset class investor expertise; sectors or classes to be expressly included or excluded.
Additionally, as part of asset sub-classes, consideration will be given to any specialized investment strategies to include in the plan.
Target Asset Allocation
The Target Asset Allocation reflects the Investor Profile and Investment Options. It allocates between and within asset classes to create a well-diversified portfolio. One that reduces portfolio risk, while providing expected returns that aim to meet financial objectives.
Empirical studies show that one’s asset allocation can often be more important than the actual investments in long-term investment success. Developing and maintaining a proper Target Asset Allocation is crucial.
Specific investments will be agreed upon for inclusion in the investment accounts within each Target Asset Allocation category.
A “best of breed” approach is employed. One that reflects the most suitable individual investments within an asset class based on the client’s Investor Profile and other considerations.
Individual investment considerations include: investment objectives and constraints; investor cash flow needs; investor experience: accumulated capital; specific strategies to incorporate; investment availability; reduction of portfolio risk; investment effectiveness; other diversification aspects; cost efficiency; liquidity; tax issues.
If required, advice will be provided on setting up investment accounts and the mechanics of investing.
Portfolio implementation itself addresses effective and efficient ways to build the portfolio over time.
Implementation issues include: acquisition patterns and timing; allocation between tax-deferred and regular investment accounts; use of non-transaction and/or online only discount fee products; currency hedging; portfolio protection and capital safety strategies; cash parking; dividend reinvestment programs; employee stock purchase plans; warrants and options; margin accounts and leverage.
Benchmarks will be developed that are tailored to your portfolio to better assess actual performance.
Benchmark composition should ideally match the Target Asset Allocation. Benchmarks may also reflect investor concerns, including: real returns; risk-free returns; specific market indices.
A schedule will be developed and steps outlined for periodic portfolio reviews. Review periodicity is a function of: investor risk tolerance; portfolio volatility; material events impacting markets or the investor.
Review procedures will also be determined for other components of the IPS.
Over time, portfolios require rebalancing back to the Target Asset Allocation. This may be due to: disproportionate performance by different asset classes; desired adjustments to target allocations; material events impacting the investor or portfolio.
Rebalancing strategies will be provided that factor in: sell and reallocate; lump sum adjustments; rebalance over time; margins of safety.
In conjunction with the Investment Policy Statement, a Personal Financial Plan can be developed. This includes:
A detailed gap analysis will be completed as part of the Investor Profile.
This will assess your current financial position and projected future cash flow stream versus your financial objectives, planned expenditures, and personal constraints. Shortfalls, areas of concern, and opportunities will be identified.
Recommendations will be made to optimize and improve your existing situation. These may include: cash flow management; risk management; education financing; debt management; real property financing; retirement and estate planning.
Should you not desire a comprehensive Investment Policy Statement, any single or combination of components may be provided. These typically include:
Annual portfolio reviews are, at minimum, excellent tools to improve wealth accumulation. They provide feedback on performance and assist in identifying gaps in achieving your investment objectives.
Reviews assess adherence to your Target Asset Allocation and if adjustments are required. The target allocation itself may need amending due to changes in your life over time. Less effective investments may be identified and replaced with stronger assets. Portfolio risk may be reduced while maintaining existing expected return levels.
Portfolio Optimization Strategies
Review of existing portfolio or potential asset inclusions against your specific investment objectives.
Recommendations to improve portfolio efficiency and effectiveness through: enhanced diversification; improved expected returns; investment substitution for better performance; reduced asset costs and portfolio expenses.
Recommendations can also be made in respect of individual assets and investment strategies and tactics.
Development of appropriate benchmarks to assess portfolio performance.
Investment examples include: prospectus reviews; asset risk and return assessments; portfolio suitability; liquidity issues.
Market assessments relate to global investment markets, individual countries or regions, sectors within economies.
Advice is also provided on more complex investment strategies and tactics. Examples include: options and derivative trading, portfolio or investment hedging, and use of margins.
Small business owners are highly skilled in their area of expertise. Often though, they can benefit from financial support in raising debt or equity to grow their business.
We can assist in developing business plans, cash flow forecasts, and offering documents.
We can also aid in dealing with lenders, investors, and other relevant third parties to ease the process.