Wealth Management is a term that when heard conjures up images of vast amount of wealth, investment advisors and accountants. It also sounds “expensive” and that is the main reason that individuals tend to not use the services of a Wealth Manager. In reality, Wealth Management is the accumulation, growth, preservation and transition of wealth over the lifetime of the individual and it doesn’t really matter how big the pot is – the principles are the same.
Protecting your wealth from erosion is a part of Wealth Management and erosion comes from many different areas; bad investments, income taxes, costs involved as well as items beyond the control of the individual such as inflation and interest rates. But most often it comes from the lack of a cohesive financial plan designed to accumulate and retain wealth.
The amount that is needed to be deemed “wealthy” is a relative term. Wealth to one person will mean something different to another person. So why not concentrate on what matter the most – “How much stays in your pocket”. By designing and managing a financial plan, anyone can build wealth and with it the peace of mind that nest egg brings.
If Wealth Management is the accumulation, growth, preservation and transition of wealth then doing this after costs, after taxes and after inflation is REAL Wealth Management™.
At The Accounting Place we know that taxation is your single largest annual expense and believe that everything we do is part of your wealth building and retention plans. We also believe that no one can know it all, or be an expert in all areas of financial services.
This is why we specialize in taxation and work with a team of experts in their respective fields – either yours or ours – consisting of financial planners, investment advisors, bankers, lawyers, estate and retirement specialists and insurance representatives. This gives you access to the expertise that you need and, with The Accounting Place working as your primary advisor coordinating an overall wealth building plan, we can help you manage your financial affairs to your best advantage – while you do what you do best!
Why give the taxman more than is absolutely necessary by law? The Accounting Place is conveniently located at 154 Grays Road, Stoney Creek. Find out how you can maximize your wealth retention.
Give us a call at 1- 866-938-1010. TALK TO US…
™ Real Wealth Management is a trademark of Knowledge Bureau, Inc.