Joe the Investor, Joe the Planner,
Joe the Tax Preparer
B.A.Sc. BCom, CFA
Fee-Only Financial Planner,
Toronto, Ontario, Canada
Telephone Number: (647) 286-8020
Fee For Service Financial Planning Advice
If you would like to make an inquiry or sign up for our no obligation email newsletter, fill out the form below and indicate "newsletter" in the comments field. Only the fields marked with an asterisk (*) need to be filled out. If you want to make an appointment and want to communicate desired dates and times, this can be done on the form as well.
Under the new Canadian Anti-Spam Legislation, if you fill out this form, you agree to give express consent to receive this newsletter which will be valid until you choose to unsubscribe.
Note: This site is intended for people who want to learn about the world of investments and how to research for themselves. If you would like to buy or sell investment products, or specific advice on investment products, tax or legal issues, please consult your investment advisor, accountant or legal counsel.
Any personal information gathered will only be used to provide the services agreed upon and not be released to any third party, except as may be authorized by law, or by your explicit consent.
I/we understand that the advice discussed is based on information supplied by me/us, and the advice may contain financial projections and assumptions. The advice should not be considered comprehensive but should be treated as a guideline since information may change over time such as market returns, tax laws, estate laws or other regulations.
I/we understand that every effort has been made to make sure that calculations are accurate. We expressly disclaim any liability, loss or risk, financial or otherwise incurred as a consequence, directly or indirectly, in the use or application of any ideas, advice, suggestions or techniques demonstrated.
Get the Advantage of Unbiased and Personal Financial Planning
If you have an existing portfolio and would like a second look to see if you are on track to meet your goals, an annual review is suitable for you. This would include minor changes such as adding or deleting one or two products from your portfolio or obtaining general advice on what you already have. This can be done individually or as a family with no change in cost or service. If you are currently a client of Joe the Investor, the annual review would be used for re-balancing your portfolio each year, or to check if anything has changed since the most recent plan was created. If you are a new client, the annual review would be charged as an initial consultation.
If you need to create or substantially change your investment situation, this plan would be suitable for you. The plan would take into account risk, fees, implementation, your tax situation, country, sector and asset class exposure, timing and personal preferences and goals or dreams that you want to fulfill. This plan can also be used to plan for future income or lifestyle changes that may be planned or unexpected. This would include a written summary, detailed portfolio spreadsheets and one year of follow up service by email or telephone. This can be done individually or as a family with no change in cost or service.
If you are looking specifically for retirement planning, the retirement plan is suitable for you. This would include the investment plan considerations above, plus severance pay, life changes, pension advice, estate planning, retirement income needs and retirement projections including cash flow and tax considerations in retirement. This would include a written summary, detailed portfolio spreadsheets and one year of follow up service by email or telephone. In most cases, the investment and retirement plans are performed together and charged as a single plan. This can be done individually or as a family with no change in cost or service.
Account Consolidation Service
Do you have accounts in many different institutions and would like to see a snapshot of your whole financial situation? Would you like to know if you need to close down, open certain accounts or merge accounts together? This service will be of use to you. All of your product holdings are placed into a single document and you will be given characteristics on the entire portfolio so you can find any changes that need to be made. If you desire recommendations in new products and optimization, this would be covered under the investment plan. This service can be offered on a stand alone basis, meaning that you would not need an initial consultation meeting or plan to receive this service. This service is designed for larger portfolios of 30 investment products or more to be analyzed.
Complete Financial Plan
This type of plan includes investment and retirement considerations, as well as budgeting, saving money, and one on one education about how money works for your situation. It is assumed that you have done very little planning and need to build all aspects of your financial plan from scratch.
Advice For a Flat Hourly Fee
If you want advice on a specific topic or want to ask questions in a "Q and A" type format for a specific decision that you want to make, this option may be for you. Common questions would include renting versus buying a home, paying student debt versus investing, contributing to an RRSP versus paying down debt, whether to get a TFSA account and what options you would have for a new pension plan. This type of advice is ideal for people who are starting to build their wealth. Time is booked in advance and questions can be answered tailored to your needs. There would be a 1 hour minimum time allotment charged at the hourly rate of $150 per hour. There would not be a written summary or formal report received for this type of advice.
Tax Preparation Services
If you are looking to have your taxes prepared or would like some tax planning only, visit our tax preparation services page. If you obtain any of our plans such as investment or retirement plan, tax planning would be included as part of the package, but preparing the tax returns would be billed separately.
For information on fees, click on our fees page.
For frequently asked questions, click on the FAQ page.
If you would like a sample of the written report you would receive, click the written report link. For a basic sample of the calculations that you would receive click the calculation link.
Joe the Investor is now a MoneySense Approved Financial Advisor!
The MoneySense Approved rating is created for information purposes only and is not intended as financial advice. MoneySense Approved is not responsible for any advice or other communication provided to an investor by any Financial Advisor. Rogers/MoneySense makes no representations or warranties as to the suitability of any particular Financial Advisor and/or investment for a specific investor. Visit www.MoneySenseApproved/Methodology for the full methodology. To see my profile, visit my MoneySense profile.
Visit our Services page to see what options are suitable for you. For information on our fees, click on the fees page. For frequently asked questions, click on the Frequently Asked Questions (FAQ) page.
If you would like to see a short video on how the process works, click on the video link: What is a Fee-Only Financial Advisor?"
If you prefer a document that you can download, there are 3 brochures that are available from this site: What Is an Independent Financial Planner? The Power of 1% and Frequently Asked Questions.
Photo courtesy of: http://s3.freefoto.com/images/04/31/04_31_1_prev.jpg