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Best Financial Advisor in Bradford, Ontario

financial advisor bradford
Financial decisions are crucial, and you need the right advice to make the right decisions. Instead of taking opinions from friends and family, it’s about getting core recommendations and coaching from time to invest in a reliable financial advisor in Bradford. With our new financial advisor matching database, finding a financial advisor is not an issue anymore. To help you choose the right financial advisor, here’s a small checklist for finding the best advisor for your financial needs.
 
According to Charles A. Jaffe, “It’s not your salary that makes you rich; it’s your spending habits”. The very first rule to effectively manage your money is you must spend less than you earn. Most Canadian families, especially the millennials, know how to make a monthly budget, but, they do not know how to stick to that budget. This often results in loans and credit card debts that suck the potential right out of your future retirement. It doesn’t have to be this way. 
 
By working with a great financial advisor who can coach you successfully, even current debts and your future financing needs can be restructured to benefit your retirement. 

The right financial advisor will help guide you to achieve your financial objectives. They will help you to prepare for tough times, educational needs, and help you assess key opportunities that will track you down over a lifetime. The key to your future financial freedom and a significant net worth is the habits that you can adopt and be accountable to. This includes a successful budget that harnesses income potential as it changes over time. If you haven’t created a financial plan yet, you can easily get started with the Ascendant Financial Team.

Bradford Financial Consultant

 

Saving money is often not enough. It is important for you to invest in yourself. By investing in your education and taking the time to become knowledgeable about the financial options available you create more financial abundance. This allows you to filter through opportunities that will show up. It could be a business deal, real estate project, private lending with security, or some investment option. The better your investment awareness and knowledge the higher the profit potential you can achieve. Get clear on the types of investments that are available as there are many and it can be a confusing realm. A great financial advisor will provide ample resources and education to empower you for financial success., Not all investments are created equal. To the contrary you need to be mindful of how you are protecting your capital with the investment decisions you make. Understand that the variables such as length of investment, liquidity of the investment, inflation rate, income taxes, market fluctuations, interest rate risks and even currency risk can impact the results you want to achieve long term. All of these financial investment options have their own risks and potential rewards, tax treatment, and liquidity. If you are coming from a non-financial background, it is difficult to study all these financial terms and subsequently make the right decision. A financial advisor can help you choose the right strategy. One that is the best fit based on your financial needs and with preservation of your savings as part of the decision making process.

Every financial advisor is different. Take the necessary time to find an expert in the actual strategies that you want to implement in your life. A great advisor is much more than someone who helps with a few investments. They are a confidant, a key relationship and someone who is a critical part of your financial future. The coaching and mentorship you receive from a qualified financial advisor that is an expert in their field could be the key to your retirement future and creating a financial peace of mind. By using this information and with access to an online financial advisor matching database, you can find the potential financial advisor for your needs.

Tax planning advisor Bradford

Unfortunately, the growth of assets and the amount of income you expect to receive at retirement will be influenced by the overall estate and income taxes. Tax planning is an ever-changing process because of various reasons such as varying tax laws, tax rates, tax brackets, and credits. Your income at retirement time will have a direct impact on the taxes due to the government. The importance of adopting financial strategies that move your money from forever taxable to never taxable is critical to successful planning.

Canadians can shift their savings and investing contributions from “always taxed” accounts to “never taxed” accounts if they take the time to learn how. Terminal taxes due when you pass away are also a major factor that can rob massive amounts of your wealth from reaching the people or charitable causes you intend. Checking in with your financial advisor regularly is a critical step to making adjustments as tax rules change so you can maximize your overall retention of money. Not all financial advisors are experts in tax planning, but many work closely or partner with specific tax advisors and CPAs to help you understand your tax bracket and the best use of your cashflow for your current financial situation

Financial planner Bradford

Uncertainties and risks are always present in a changing financial world where global markets are intertwined. The 2008 financial crisis clearly identified that factors outside of your control can dramatically impact your future retirement at a moment's notice. A good financial advisor will get clearer on your objectives and work on planning strategies that support those objectives. In the process they can suggest methods to proactively reduce or eliminate financial risks on the way.

A financial advisor who is Authorized as an Infinite Banking Practitioner can help implement the process of becoming your own banker. This process when implemented provides uninterrupted compounding on lifelong savings, protection for the family and very high liquidity. This accessible value of capital can be used to take advantage of the investment opportunities that are the right fit for you as they arise. Meanwhile your core asset continues to increase in value daily with guaranteed cash accumulation. To learn more about this process and determine if it’s a fit for you and meet with one of the financial coaches in our online database.

It is important to take into account all the factors that are likely to impact the transfer of assets to any other party during or after the life of the property holder. Working with a financial advisor can provide the necessary tools and resources you need to make informed decisions that will impact your eventual estate. It is important that you have someone guide you on the right questions to ask when making plans for your estate. Well trained financial advisors are familiar with the importance of these discussions and addressing the key elements of estate planning. Often financial advisors work closely with estate planners as needed to collaborate on the implementation of these plans.

Since most of the people want their properties to be transferred to beneficiaries, an estate planner will offer guidance regarding property laws, wills, instruction letters, special bequests, personal finance, trust instruments, and gifts prior to death to reduce uncertainty when the eventual transfer of assets takes place.

Role of a Financial Advisor

A financial advisor is a professional who guides you regarding how you spend, save, and invest your money. Working with a financial advisor has proven to help Canadians to enjoy a more secure, comfortable and enjoyable fun retirement. You reach your financial goals faster by taking the right actions. Review your financial decisions and seek guidance through a financial advisor today.

Bradford Financial Services – FAQS

A financial advisor may seem a little expensive in the beginning but once you start getting profits from your investments and savings, it is totally worth it.

There are both fixed rates and hourly rates involved in hiring a financial advisor. These include fees for consultation, financial planning, and special projects. The hourly fees range from $100 to $400 whereas the monthly fee ranges from $1000 to $3000, based on the advisor in question and how complex the project is. Depending on your overall financial standing and the number of decisions you want to take, you can see which option works best for you.

A financial planner helps individuals and organizations to create plans to achieve their long-term financial goals. In contrast, a financial advisor is a general term for professionals who assist in managing your accounts and overall investments.

  • You have high consumer debt.
  • You are near your retirement.
  • You are struggling with managing money.
  • You are self-employed or recently started a business.
  • You have to plan your child’s education.
  • You spend money unnecessarily

Financial advisor near Bradford, ON

Bradford, ON

Image source: AlexVye | Wikipedia Commons

Geographic info for Bradford, ON

The 2006 Statistics Canada Census lists the population of Bradford West Gwillimbury (the local census unit) as 24,039. Bradford West Gwillimbury has people from many different backgrounds ranging from Portugal, Italy, the Netherlands, Germany, United Kingdom, Hungary, and Ukraine. The overwhelming majority of Bradford's residents are of European descent.

The eastern boundary of Bradford is the Holland River, named for Samuel Holland, first Surveyor General of British North America, who passed this way on an exploration from Toronto to Balsam Lake, by way of Lake Simcoe, in 1791.

For several years the Holland River and Lake Simcoe provided the only means of transportation. Holland Landing was the northern terminus of Yonge Street. The military route to Georgian Bay during the War of 1812 crossed Lake Simcoe to Kempenfelt Bay, then by the Nine Mile Portage to Willow Creek and the Nottawasaga River. The Penetanguishene Road, built between 1814 and 1815 from Kempenfelt Bay, provided an alternate route to Georgian Bay. However, early settlers also used this route to get to the frontier of Simcoe County, bypassing the areas of West Gwillimbury and Essa townships.

The first settlers to cross the Holland River, arriving in the fall of 1819, were three Irishmen: James Wallace, Lewis Algeo and Robert Armstrong. This was about the same time as the Auld Kirk Scotch Settlement was established. However, the pioneers of West Gwillimbury were mostly Protestants from Northern Ireland.

The new settlers sent a petition to the province of Upper Canada early in 1824, stating they were separated from the settlements of Yonge Street, by an impassable swamp. On January 24 the Legislative Assembly of Upper Canada made a grant for the first main road in West Gwillimbury (4 Geo. 1V., chap 29). The contract for the first corduroy road across the Holland Marsh was completed by Robert Armstrong and his sons in the fall of 1825. Connecting with other contactors sections and the previously constructed road from Kempenfelt Bay, the road became known as Penetanguishene Road. It later became part of Yonge Street, and is now Simcoe County Road 4.

The original road (Bridge Street) did not curve onto Holland Street, but continued straight to what is now Scanlon Ave. near Colborne Street; from there the road continued north, while another road led southwest to the Scottish settlement. It was at this junction that the settlement was first established. William Milloy, formerly of Coulson's Corners, built a small log tavern there in the fall of 1829. Other businessmen included James Drury, merchant; James Campbell, shoemaker and Thomas Driffel, blacksmith. John Peacock, an old soldier from London, England, had settled as a merchant and became the first postmaster in 1835.

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