How long has the advisor been in the business? What certifications, education and/or designations do they have? Do they have strong understanding of financial planning for both small businesses and personal planning? Do they focus on all aspects of wealth management, such as tax, accounting, succession and insurance-related issues, with easy access to a team of experts in those fields? Is their fee structure transparent?

We will start by discussing your current and future goals, followed by any initial concerns you may have. Next, to ensure we can provide a comprehensive plan, we will need current investment and bank account statements, insurance policies, and details on outstanding debts and monies owed, your most recent tax returns, a household budget (if you have prepared one) and plans for travel, large purchases, or helping children with education, home ownership or other pursuits.

Family office-style services provide a more coordinated approach to managing complex family wealth. Rather than treating investments, tax, estate planning, insurance and business interests separately, these areas are considered together as part of one broader financial strategy.

Afshar & Machaalani Group provides family office-style services for high-net-worth families and business owners who want experienced guidance across multiple areas of their financial lives.

An Edmonton financial planner should take the time to understand more than your investments. For high-net-worth families and business owners, planning may need to account for corporate assets, tax, retirement, estate planning, insurance, succession and wealth transfer.

Look for a planner who can coordinate these different areas, model future scenarios and work alongside your accountant, lawyer and other professional advisors when needed.

The terms Edmonton financial advisor and Edmonton financial planner are often used broadly, so it is important to understand the services and qualifications behind them.

Financial planning typically involves looking at your wider financial picture, including retirement, tax, estate planning, insurance and long-term goals. Investment advice may be one part of that larger planning relationship.
 

An Edmonton financial consultant may help you evaluate financial decisions involving investments, retirement, tax, estate planning, business wealth or other long-term priorities.

For people with more complex financial lives, the greatest value often comes from bringing those decisions together rather than addressing each one independently.

Edmonton wealth management can include much more than portfolio management. For high-net-worth families, it may involve investment planning, tax strategies, retirement income, estate planning, insurance, charitable giving and intergenerational wealth transfer.

Our approach connects these areas so decisions about one part of your wealth are considered in the context of the rest of your financial plan.

A financial planner for business owners can be especially valuable when your company and personal finances become closely connected.

Planning may include deciding how much money to retain in the corporation, how to invest corporate assets, how to pay yourself, how to prepare for retirement and how an eventual sale or succession could affect your family, tax position and estate.
 

Business succession affects far more than who owns the company next. It can influence taxes, retirement income, estate planning, family relationships and the value you ultimately receive from the business.

We help owners consider different transition options, model their financial impact and coordinate succession planning with their broader personal and family wealth strategy.

High-net-worth wealth management combines investment management with more advanced planning around tax, retirement, estate strategies, insurance, corporate structures and wealth transfer.

It is particularly useful when wealth is spread across personal investments, corporations, real estate, trusts or other assets that need to be considered together.