Comprehensive, "Fee-Only" Financial Planning
Personalized Portfolio Management
David Miller, BFS, CFP®, R.F.P, CIM®
Calgary Financial Planner
As an Independent Financial Advisor, my duty is to put your interests first and to build you a plan that makes sense for you, without product sales targets affecting my advice.
My goal? To safeguard the dreams you strive to achieve and the assets you have worked so hard to accumulate.
WHY WORK WITH ME?
I can save you time and energy by providing objective advice based on a deep understanding of your situation and incorporating your whole net worth. Quite simply, I provide peace of mind.
As a Certified Financial Planner (CFP®) and Registered Financial Planner (R.F.P.),
I'm a professional advisor, not a professional salesperson. Financial planning has been proven to have a tangible positive effect on the financial and mental health of individuals.
As an Associate Portfolio Manager at RT Mosaic Wealth Management Ltd., I provide you with a completely objective investment strategy that is customized to your goals using only the best investment solutions available.
As a fiduciary, I put my client's interests first by providing advanced financial advice that is simplified and easy to understand.
I work with a small, select number of families, business owners and pre-retirees alongside a highly experienced, independent, multiple award-winning, wealth management team at RT Mosaic (www.rtmosaic.com).
For the last 15 years I've been providing financial advice to individuals and families. Along with the shared expertise at RT Mosaic, we have a combined 50+ years of experience.
I was born, raised and live with my growing family in Calgary, Alberta.
Connect with me for a complimentary 15-minute chat, where I can complete an initial needs assessment for you and either continue the conversation to see if you're a fit for our financial planning and portfolio management platform, or arrange an introduction to one or more fee-only financial planners who will meet these needs and work with you.
FINANCIAL PLANNING with PORTFOLIO MANGEMENT
I work with RT Mosaic Wealth Management Ltd, a Calgary, Alberta based wealth management firm, licensed directly with the Alberta Securities Commission as a registered Portfolio Manager.
We have won numerous awards, over several years, combining the comprehensive services of a true financial planner with discretionary portfolio management. RT Mosaic is one of a handful of companies nationwide who actually combine both disciplines and do both at a high level. Most firms offer one or the other and usually it's done as a means to sell products.
Our general process is as follows:
Following the Six Step Financial Planning Process, a comprehensive financial plan is created based on your income, assets, age and goals that suit your lifestyle. This includes areas such as:
1. Retirement Planning
2. Tax Minimization Strategies
3. Estate Planning
4. Insurance Analysis
5. Education Planning
6. Cash Flow/Debt Management
Custom portfolios are then implemented for your plan based on your risk tolerance and optimized for tax efficiency. This ensures your assets are aligned with your plan.
From there, ongoing regular reviews are set with unlimited access to myself and our team. Portfolios are managed on a discretionary basis and are strategically rebalanced.
FEE-ONLY FINANCIAL PLANNING
"I appreciate ‘fee-only” financial planners are a rare breed, as recently noted that out of approx. 90,000 financial advisors in Canada, about 25,000 call themselves financial planners, 18,000 of which are accredited Certified Financial Planners (CFP®), and only 300 are further accredited as advanced financial planners (RFP)… but there are only ~150 fee-only financial planners offering advice only in the whole country, or one for every 244,000 Canadians! (0.17% of all financial advisors.)" - Tim Faunt
While these statistics continue to evolve, it does explain why there is always a strong interest in the fee-only financial planning environment with people seeking unbiased planning advice - people want clear advice, not recommendations tied to product sales.
Fee-only planners are generally un-registered individuals that will create a plan for you but cannot legally recommend or implement the investment strategy ie. they still refer you to a 3rd party portfolio manager. Now you have one person creating the plan, and another who may implement some, none or all of it, on their whim.
With RT Mosaic, we are fee-only planners with the added bonus that professional investment management is included with our service. The plan we create is implemented, monitored and updated by one person ensuring the entire overall plan is driving in the same direction.
Our compensation is derived solely from fees paid by clients, not from products or 3rd party commissions, allowing us to provide unbiased and objective advice.
I will create a holistic financial plan to optimize every aspect of your financial life, provide an objective assessment of whether you’re on track to reach your goals, and provide implementation and accountability for your wealth management strategy.
You will never know the cost of free advice, but good advice is priceless.
YOUR NEXT STEPS
Please give me a call or email me. We can set up a time to chat by phone, over a coffee or here at the office.
Let's discuss what you are looking for and I will help you get there.
After our initial discussion, I will let you know what information we require and how we can work with you including our fees and a timeframe to get you underway.
I strive to be fully transparent and unbiased while professionally considering all of your options and what service makes the most sense for you.
WHY UNBIASED SOLUTIONS MATTER
A Bit About the Late Tim Faunt
The legacy of Tim Faunt, friend and financial planner in Calgary, AB, lives on through this site and is dedicated to him and his fight for unbiased solutions.
Tim passed away in April 2020 after losing his fight with brain cancer. What follows is an extract of the introductory text on his website to help keep the memory of his impact alive:
“As a Fee-Only / Fee-for-Service Certified Financial Planner ... I’m a professional advisor, not a professional salesman, unlike pretty much every other financial advisor you will ever meet. In fact, I’m unlike at least 99.83% of them.”
- Tim Faunt July 29, 1966 - April 6, 2020
I am committed to these principles as a professional advisor, providing unbiased financial advice, with transparency on fees, no product sales, and ongoing, comprehensive financial planning.