​Why Financial Planning is Important

Good financial planning is an essential part of managing your money and building a plan to reach your goals. A comprehensive financial plan will help you prioritize for the future. It will also give you a better understanding of how taxes and other financial considerations will impact your life. With a good plan in place, you can begin taking steps toward achieving your goals.

Let's Talk

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Steps In the Financial Planning Process

My approach is focused on building a financial plan for you that is aligned with your unique goals. During the process, I take a step-by-step approach to ensure I get to know you, your circumstances, and your desired outcomes before creating a plan that supports your needs.

Discovery: I start with an introductory meeting so that I can get to know you and understand your financial goals, needs, and objectives. We will discuss some basic "getting acquainted" questions so we both feel comfortable collaborating moving forward.

Analysis: We will have an in-depth financial planning meeting to ensure that your plan encompasses all aspects of your financial life. This is where we will get into the nitty-gritty of what your financial situation looks like now, how you want it to be, and what we need to do to fill in those gaps. This could include retirement planning, cash flow management, tax strategies, cross-border financial needs, and more.

Implementation: Once the plan is completed, we will work together on its implementation. This could involve working with tax professionals and other financial experts to ensure all the facets of the plan are executed.

Review: A financial plan is not static but an ongoing process that should align with your goals. I reach out regularly to review your financial plan to ensure it is up-to-date and aligned with growing needs.

Progress: As you know, life changes and it's important to have a plan that can grow with you. Whether you want to buy a cottage, save for your children's education, or make any other kind of change, I'm here to help. Together, we can ensure sure your plan is up-to-date and accounts for any changes along the way.

To sum it up, I'm a chameleon of sorts and I am able to change and tailor the process to fit whatever individual needs you may have.

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Testimonials

"Thank you for looking after us! You have identified issues we did not know existed in our estate plans and made sure we were aware of them. We really feel like you have our backs and are taking care of us."
-R&L

"Tara helped us feel confident about financial planning. She provided us with the insight we needed to make smart decisions about our money and protect ourselves from potential taxation pitfalls. We now have greater security and financial literacy. We are impressed!"
-L&S

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Who Do I Help?

​My clients range from graduate students to retirees, both individuals and businesses. However, I specialize in helping professionals with young families who are seeking solutions to align their financial plans with their increasing requirements.

Retirees

Are you looking to start the discussion of financial planning for retirement? Whether looking to minimize taxes or find out how much you need to retire, I'm here to help.

Professionals

As a business professional, it is essential to have a financial plan that meets your needs. I would be happy to assist in creating an overall plan that meets your objectives.

​Business Owners

Financial Planning for business owners goes beyond the business itself; it includes important aspects such as cash flow management, understanding the differences between business and personal taxes, and much more.

Young Couples

As a young couple, if you are looking to start a family or purchase a new home, creating a strong financial plan to match your goals is essential for preparing for the future. Let's discuss how I can help you get there.

New to Canada

Financial planning for new Canadians is a critical part of getting started in Canada. If you are new to Canada, I can help you navigate the complexities of financial planning and point you in the right direction.

Americans Living in Canada

If you're a US citizen in Canada your financial needs are complex.  I can help you with your cross border financial plan.

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​Local Perspective on Financial Planning

While the fundamentals of financial planning remain the same everywhere, the details often depend on where you live and work. I work with clients across Hamilton, Burlington, Oakville, Toronto, and the surrounding communities—each with their own unique considerations.
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Wherever you call home, financial planning is about making sure your money supports the life you’re building in your community.

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Financial Planning FAQs

What do I need to know before talking to a financial planner?
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Before talking to a financial planner, you should know your goals, your budget, and any saving or debt repayment plans you have in place. It is also helpful to know in advance what type of services you are seeking from the financial planner. Knowing your risk tolerance and any investments you do or do not wish to make can also be beneficial, but your plan will complete a new risk assessment with you regardless.

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What are the best questions to ask a financial planner?

​The best questions to ask a financial planner include:

• What planning services do you offer?
• How long have you been in the financial planning business?
• What qualifications do you have in financial planning?
• How often do you update your financial plans?
• What fees do you charge for services?
• How involved will I be in the decision-making process?
• How will you help me keep track of my progress?
• How do you determine whether a strategy is suitable for me?

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How much money should you have before getting a financial planner?
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There is not a one-size-fits-all answer to this question. Many planners have asset-level criteria for the clients with whom they work – but this is not a set rule. Some do not have any asset requirements. There are also financial planners who specialize in higher net worth, as well as those who specialize in mid-range families. Asking potential planners if they have any specific client requirements, will help you find your best-fit planner! 

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What are the key questions financial planning must answer?

Financial planning should answer key questions such as:

• Are you prepared to realistically achieve your future goals and objectives?
• What is the best way to manage debt?
• How can you protect yourself from unexpected financial risks?
• How much life insurance do you need?
• What estate planning strategies should you use?
• How should you manage taxes?
• Do your investments meet your current risk tolerance?

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Learn More About my Process and the Services I Offer

My top priority is to help you create a customized financial plan that  matches your goals and lifestyle, no matter your current circumstances.

​Financial Planning for Business Owners

We’ll partner on a plan that works for your life and your business.

​Retirement Planning

​Start planning for your retirement today. I work with you to build a plan that works with your goals.

Investment Planning

​Let’s review your current investments and build a plan that works with your future goals.

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Financial Planning for Newcomers

I'll help you create a tailored plan that takes into account your individual needs and goals. ​

My Process 

My role is to guide you through life's various phases and ensure your financial plan grows with your evolving needs.

Cross Border Financial Planning

Let me help you make the most of your money. ​

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Insurance

Insurance is an important part of your overall financial picture. 

Tax Planning

Tax planning is critical to your overall financial future. We’ll talk about the tax planning strategies that can work for you. 

​Financial Planning for Tech Professionals

​My role is to guide you along the way as your career evolves. 

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Looking for More?

​Stay informed with my financial insights blog.

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