top of page
Website Photos (4)_edited.jpg

Sticking to the Plan

By Cole Seabrook, Financial Advisor

O’Farrell Wealth & Estate Planning | Assante Capital Management Ltd.

Everyone should have a Wealth plan. Unfortunately, many individuals do not understand the importance of planning or what a comprehensive wealth plan can look like.

Anyone who has watched the news lately knows that the markets are volatile, interest rates and inflation are on the rise, and other economical and social uncertainties are prevalent. Many individuals are uncertain as to how these factors will impact their overall costs and standard of living.

To start, let’s look at a few key areas that Financial Advisors commonly look at when building a wealth plan for their client. Your Advisor will help you determine the state of your current financial situation and discuss the goals and plans you have for the future. This could be anything from buying your first house to preparing for retirement.

Some key points to know when looking at your current financial situation are:

· Your annual income

· Your savings or investments

· Your current fixed expenses or debt liabilities

Budgeting over the course of time can help an individual have a better understanding of what their monthly cashflow looks like. After having an accurate idea of an individual’s current situation, it is time to start the planning process. Some of the key areas are:

· Financial Management

· Emergency Funding

· Investment Planning

· Insurance and Risk Management

· Tax Planning

· Retirement and Estate Planning

After the creation of the wealth plan, it is important to remember it is not a one-time event. A wealth plan should be reviewed on an annual basis and when significant life events happen either expected or unexpected. Some examples are a change in marital status, the birth of a child, a change of employment, etc.

When your Financial Advisor builds a wealth plan, it helps you to stay on track of your goals from a financial perspective. A sound plan will also give you peace of mind that when there is financial pressure, the strategies that were put in place will help you get past the challenging times.

If you are uncertain of where you are positioned to achieve your goals, it may be time to speak with your Financial Advisor.

We are always open to questions and giving people a second opinion when it comes to their Wealth plan. Feel free to get in touch with us at any time.

Cole Seabrook is a Financial Advisor with Assante Capital Management Ltd. The opinions expressed are those of the author and not necessarily those of Assante Capital Management Ltd. Please contact him at 613.258.1997 or visit to discuss your circumstances prior to acting on the information above. Assante Capital Management Ltd. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. Insurance products and services are provided through Assante Estate and Insurance Services Inc.

25 views0 comments

Bình luận


*Mortgage products and services are provided by Assante Capital Management Ltd. through its

strategic partnership with Bank of Montreal.

We collaborate with you and each other to deliver unbiased advice that meets your personal and business needs.


Important Disclosures

Assante Capital Management Ltd. (“ACM”) is a member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. 




Know your Advisor: IIROC Advisor Report

Assante Financial Management Ltd. (“AFM”) is a member of the Mutual Fund Dealers Association of Canada (“MFDA”) and MFDA Investor Protection Corporation.

Stocks, bonds and mutual funds are provided through ACM. Mutual fund products are provided through AFM. Only those services offered through ACM are covered by the Canadian Investor Protection Fund, and only those services offered through AFM are covered by the MFDA Investor Protection Corporation. For more information please visit or contact our office for clarification.


To research the background, qualifications and disciplinary information on advisors at IIROC regulated firms please generate an IIROC Advisor Report.

Employee benefits and pension consulting services, Mortgage lending services, and insurance products and services are provided through O’Farrell Financial

Services Inc. (“OFSI”). OFSI is an independent company unrelated to ACM and AFM.

For further Assante Wealth Management important legal and compliance disclosure, please visit

For more information on our privacy policy, please visit

MFDA English Logo_PNG.png

© 2023 | All Rights Reserved

bottom of page