IFC Wealth Management is a full-service financial planning firm with broad market access to the majority of financial services and products.
Not being tied to any particular financial firm affords us the ability to be independent in our thinking, planning and execution.
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5 customer reviews
Richard William Benson
Tax Preparation
Working with IFC was very enlighting, Gordon explained and understood all my questions.he provided me with his knowledge and insights. I would recommend his firm.
Heather
Tax Preparation
Amazing service and so quick too.
Reply from IFC Wealth Management
Thanks, Heather. I appreciate the kind words.
Bronwyn Huggins
Tax Preparation
Excellent communication and streamline process. Will definitely be a returning client.
Reply from IFC Wealth Management
Thank you for your review and for being so organized.
Stuart Mitchell
Tax Preparation
So far so good, as we have not filed our income tax, I don’t know what else to say.
Edie Broda
Tax Preparation
I emailed late one night as my out of province father was taken to hospital extremely ill. I needed financial information on end of life situation.
What do you love most about your job?
I am passionate about helping people succeed. Over the past 30 years, I have had the privilege of walking alongside many folks and it is an amazing honour to have clients put their faith and trust in you as you guide them. I enjoy the journey and facing the challenges that life brings.
What inspired you to start your own business?
I have run a business of some sort since I was 15 years old. I don't do well fitting in a box, I prefer to build it. Being responsible for our own paycheque as well as the paycheques of our staff can be the scariest thing ever, but knowing that you are succeeding by helping others succeed is most rewarding.
Why should our clients choose you?
We are a Fiduciary (put your client's interests ahead of yours). We carry all the necessary licenses and credentials to have full market access, so we are not tied to one financial institution. Our recommendations and advice are not biased by our limitations because we do not have many. Our recommendations and advice are based on years of experience and our focus is on having a financial plan drive what products and services you should use. Financial products and services should be prescribed not sold. We provide thoughtful evidence-driven advice created to help you succeed.
Can you provide your services online or remotely? If so, please add details.
We have a physical location but most of our clients have moved to connect with us online. A number of our staff work remotely as well. For client security, we provide an encrypted file-sharing service so no personal information is ever shared via email. All client data is kept behind bank-level security services. Zoom meetings have become our main form of meetings, as it provides the ability to share screens. Our meetings are not much different than in-person other than you have to get your own coffee.
What changes have you made to keep your customers safe from Covid-19?
Most of our meetings are remote so COVID is not an issue. The office is sanitized and minimal staff are present at any given time so transmission issues are minimized. We aren't afraid to do in-person meetings if that is your preference.
Financial Planning
The core of financial success is a good financial plan. The financial plan is a working document that helps both of us understand where you are at and where you want to get to. It also helps us test ideas and strategies before we use them to make sure that they will actually be of benefit.
Components of a financial plan include: Cash flow management, debt management, risk management, tax minimization, investment management, retirement income optimization, wealth transfer and estate planning.
Some of the above can be done as an individual component or all-inclusive depending on need.
Life Insurance
Life insurance is often sold on a how much for what cost basis and that may be the biggest financial mistake you ever make. Life insurance is a complex risk management and wealth creation product and should be constructed to facilitate needs derived from a thorough understanding of both your present and future needs.
Investment Management
IFC Private Wealth is registered as a discretionary portfolio manager and provides portfolio management services. We take an active management approach to portfolio construction with full market access to stocks, bonds, ETF's, institutional and private managers, mutual and seg funds and a full slate of banking products. Full description of our process is on our website www.ifcwealth.ca.
Tax Preparation
Income tax preparation is done through the eyes of a Certified Financial Planner. Our focus is looking for additional planning opportunities to reduce your taxes payable rather than just getting your tax return done. A highly appreciated, value-added service our financial planning and investment clients enjoy. Based on the size of the accounts we manage the income tax prep fee can be discounted up to 100%.
