Jordan Wealth Management Group - ScotiaMcLeod Truro

Your Morning Start

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Our Process

Our belief is that money is not an end unto itself, but rather a means for accomplishing life goals. People invest for a reason. It may be to save for retirement or a child’s education, or to earn an income while in retirement. For whatever reason, we believe the most important service we can provide our clients is the initial preparation of a Financial Plan that outlines the savings a client has and how to most effectively use these savings to meet their goals.

A sound and conservative financial plan will dictate what rate of return a client must make on their investments for their plan to work. We prefer to start by determining what is the minimum return required for the plan to work, then work with our clients to educate them as to the potential returns, risks and tax consequences of various investments and combination's thereof. Our motto is “plan for the worst, hope for the best, you usually get something in between”.

While working with our clients to develop a strategy for managing their finances, we then complete an Investment Policy Statement – that forms a framework for maintaining discipline in all future investment decisions. It outlines the recommended and agreed upon range and types of investments to be made and maintained.

Most new clients come to us having made investments in the past, often at a number of institutions and in a variety of products. We will prepare a report consolidating all these investments into one report, that accurately gives the Big Picture view of how much is invested in each class of assets, what the overall risk is of this total, and what income can be expected from these investments. We then make recommendations for change if necessary to reduce risk, increase returns through changes in investments that are expected to under-perform or are inappropriate, or if investments can be structured to lower overall taxes.

Once transfers have occurred and investments made, we switch on ongoing and regular monitoring and review of your investments, and frequent communication with you to educate you about market developments, to be accountable to you for how your investments are performing, and to adjust to changes in the markets and ongoing changes in your family’s circumstances.