Welcome
Balanced Financial Wealth Management Ltd. is an Independent Financial Planning firm built on the premise of always placing our client’s interests first.
As a cornerstone of that philosophy, we maintain our independence. We are not affiliated with any financial institution and so we are neither restricted nor influenced by any interests other than those of our clients. We are committed to providing the best advice. We achieve our expertise through a regime of continuing education and are proud of the fact we have adhered to this commitment for over 25 years.
Our Mission is to consistently provide our clients with a greater than expected level of financial planning service. We believe that great financial plans begin with listening to our clients. In this fashion we are assured each client has a distinctive plan as we recognize that each of our clients have individual needs, aspirations and circumstances. We build long-term relationships with our clients by helping them develop solid financial strategies.
We work with the current financial resources of our clients as we plan for their future. This strategy helps to ensure that our clients realize their personal goals and dreams. We are proud of the fact that most of our new clients come to our firm as a result of referrals from existing clients.
We offer a full range of financial planning services including:
- Tax Planning
- Wealth Management
- Estate Planning
- Retirement Planning Services
Recent Articles
Don't Bet Your Retirement on a Simple Approach
Posted on 05-08-2012You have probably heard about the old 70 percent rule that suggests retirees will need the equivalent of about 70 percent of your current income level to maintain their lifestyle in retirement. This assumes that your retirement living costs will be 30 percent less than during your working years. While it may have been applied appropriately for retirees two or three decades ago, it is fraught with significant risk and potential disaster for today’s retirees.
It Doesn't Pay to Procrastinate
Posted on 05-08-2012Many people have no idea. Some people have a vague idea. A few people, a very few, have it all worked out. When it comes to retirement planning, many people don't take action until forced to by a mid-life event (career change, death of loved one) or by hearing about seniors running out of money. It's strange that people find it so difficult to plan for their retirement. As all the basic financial books say, you start by recording your expenses, see where you can cut back, and then determine how much you need to save to achieve your retirement income goals. Yet, far too few Canadians take these presumably simple steps for their own financial success.
How to achieve financial success
Posted on 04-09-2012It is possible for just about everybody to achieve financial success. Getting there is usually not a matter of financial wizardry. By following some basic principles, you can make your financial dreams come true:
Set ObjectivesGoal setting is the foundation of achieving financial success. If you don't have a target to shoot for, how can you expect to hit it? By writing down your goals, you will clarify them and establish your personal and financial priorities. Be specific when setting goals. For example, instead of having a goal to reduce debt, set a goal to reduce debt by a certain amount by a certain date.
