Provides Investment Advice and Financial Planning
Financial planning is essential to anyone with goals such as buying a home or paying off student loans. However, when faced with many choices and little money, it is hard to decide which investments are suitable for you.
A Gen Y financial planner strives to help you make better decisions about where to put your money by explaining all of the different options available to you and helping you figure out what will work best for your situation and goals.
Our mission is to free you from the complicated and confusing world of investing. We seek to lay out your options clearly so that you can select the investment portfolio that is right for you.
Considers Your Risk-tolerance
Most millennials are poor long-term investors. They tend to be impatient and buy at the wrong times, sell when everyone else is, and overreact to short-term market fluctuations. This can leave them with an investment portfolio that does not reflect their risk tolerance or keep up with inflation.
A good millennial financial planner should aim to help you create a plan that fits your life, tastes, and goals by considering your current financial condition, your risk tolerance, and the amount of time you have until retirement.
We are the specialist you can seek with the goal to help you discover your best investment plan. We strive to put everything on your radar so that you can select investments based on your situation and goals.
Wealth Management
We recognize the needs of young adults are changing. So we are redefining wealth management for millennials, incorporating technology and innovative policy solutions to help our clients build, grow and preserve their wealth over the long term.
Retirement Planning
The high cost of housing, student loans, and high living costs are widespread in US cities. It means millennials have to save more for a longer period and have less income left over for retirement savings than older generations did at the same age. Moreover, compared to their older counterparts, they start their career later, which means less time to save for retirement.
As a financial advisor for millennials, we gather comprehensive information about each of our client's goals and objectives and integrate this information with the current market conditions to striving to ensure a smooth transition into retirement.
Helps You Avoid Investment Scams
Technology has brought the ability to communicate and invest remotely, but it's also made it incredibly easy to get ripped off. Millennials should seek help from a financial advisor they can collaborate with to protect them from investment scams.
As your financial advisor, our team aims to help you steer clear of common traps and provide straightforward advice to help you feel confident that your money is being used in the right way.
Helps You Minimize Your Tax Burden
The right financial advisor for millennials can help you pursue your goals and minimize tax liabilities. First, we consider how much you are making per year in salary and what it is being spent on. From there, we determine how much sheltering your money via investment might cost you in terms of tax by taking into account things like salary, RRSP contributions, TFSAs, and any other assets or extra income (like stock dividends).
Enhances Your Financially Literacy
The key to making the right financial decisions is to help you become more financially literate. As a financial advisor for millennials, our primary goal is to help you make better spending and investing decisions. We do this by teaching you about the different financial options you have, getting an accurate picture of your situation, and explaining the benefits of each one in a way that is easy to understand.
