Covid-19 has changed our perspective on how financial advisors deliver advice. Rather than having a fancy office in a prime location and spending hours chasing clients with fabricated sales pitches, we focus more on our clients with unbiased honest advice and regular communication. Our independent financial planning practice is fiduciary and we do not have to hit a sales target to keep our job and/or get commision.
At FIRE Financial, we:
Our mission is to build a community of motivated clients who want to grow together and build wealth. We focus on hyper-efficiency with lots of education before we make any expert-level advice on investment, insurance, mortgage, tax, estate planning etc.
Financial planning involves looking at the bigger financial picture and setting up strategies to achieve your short-term and long-term financial goals, from saving for education and planning for retirement to effectively managing taxes and insurance. We partner with portfolio managers who use low-cost ETF portfolios and actively managed portfolios offered across most of Canada. Your financial plan is at the forefront of all your investment decisions. We have a minimum asset base of $100,000 or a minimum household income of $100,000.Learn more
Investment Consulting is the process of helping you to formulate investment strategies that align with your financial goal. We develop an investment policy statement (IPS) that outlines your investment return expectation and risk constraints. We educate you to read financial data to understand the strength of a company and the price chart pattern to recognize the market sentiment. We do not give any specific security recommendations as I do not hold any securities license but help you to enhance your investment knowledge.Learn more
Insurance planning is a critical component of a comprehensive financial plan that includes evaluating risks and determining the appropriate insurance coverage to mitigate those risks. Finding the right policy to protect your family and business, minimize tax liabilities and solve legacy planning is our specialty. If there is one thing Covid-19 has taught us, life is uncertain and there is nothing guaranteed other than death. Planning for uncertainty is the foundation of insurance planning. Remember, you cannot get insurance once the unplanned event happens.Learn more
Mortgage planning involves financing your first property, paying off your existing balance to be debt free faster, refinancing your existing property, buying rental properties or short-term mortgages to finance fix and flip projects, purchasing multiplex or commercial properties, and so forth. We provide solutions to complex situations which are often ignored by major banks. We do not stop helping you with just one purchase. Our goal is to build a real estate portfolio for you to generate enough passive income to achieve true financial freedom.Learn more