Frequently Asked Questions
What is Financial Planning?
Financial planning is a process that determines how you can best meet your life goals through the proper management of your financial affairs. The key to effective financial planning is the ability to take into account all relevant aspects of your financial situation (“the big picture”), and to identify and analyze the interrelationships among sometimes conflicting objectives. This unique integration of knowledge and skills across a broad range of topics distinguishes professional financial planning from other related financial advice. This requires the skills of a competent and ethical expert.
Why choose a CFP® professional?
Certified Financial Planner (CFP) is the industry gold standard in financial planning with strict standards to attain this designation.
A Certified Financial Planner is more than an investment advisor, more than an insurance agent or debt counselor. A Certified Financial planner is someone who you can trust and work with long-term to attain your goals.
Do you provide services other than Comprehensive Financial Planning?
Yes. In many cases some clients are not able, do not wish to, or need to engage in the entire comprehensive planning service. In these instances many clients choose to engage our services on a stand alone single need basis or bundle several individual services together to address their most relevant/pressing financial priority.
How are you paid?
Nakamun Financial Solutions is compensated depending on the type of account or service we provide to you. We can be paid in any combination of the following: Fee-Based, Hourly Rate, Trailer Based, Commission Based, and/or Referral Based. Upon completion of a free initial consultation, we will discuss which, if any, combinations may be the most appropriate for your particular situation.
Why choose Nakamun Financial Solutions?
As a local independent family run firm, our personalized and “individual needs” approach, together with our experience, expertise and proven exceptional service sets us apart in the marketplace. Further, we are licensed to practice in most Canadian Provinces and individual planners are not subject to periodic transfers, which allow us to get to know our clients better and save you from having to explain your unique circumstances multiple times to multiple people.