• CFO Services
  • Personal Financial Planning
  • Bookkeeping

CFO Services

As a trusted advisor we provide you with the tools and resources to optimize your business.

Financial Advisor St. Catharines

The Problem

Small to medium-sized businesses always struggle with the idea of growth. They want to grow, but don’t have the means or background to do so. This leads to a stagnate company.

Financial Advisor St. Catharines

How We Help

Through our knowledge, success rate and efficiency, we work with you to develop the best plan of action to effectively grow your business. Whether that means opening up new locations, or growing your online presence, we are here to help you make your business a success.

Financial Advisor St. Catharines

Our Solution

Optimize the potential of your business with a highly qualified CFO.
Call for a free consultation.

What's Included

  • Strategic planning
  • Financial analysis and reporting
  • Risk management and corporate governance
  • Raising capital
  • Operations review and setting up KPI's
  • Mergers and acquisitions
  • Cash flow management

Purpose

Our purpose is to help you live the life you want without the fear of running out of money.

Our process helps you identify what you need to do to ensure you never run out of money. You find out 1) your attainable retirement age, 2) your attainable lifestyle income and 3) your required rate of return. You also discover the probability of attaining full income from your sources, and the possibility that your assets will be depleted.

Our Process

Chat:

The chat should only take about 30 min and the purpose is to get to know what motivates you and for me to describe what it is that I do and determine if we should continue to talk.

Issues & Concerns:

This is where I find out what issues you have concerns about so that I can determine if I can actually be of service to you.

Data Gathering:

Based on what your issues and concerns are I will gather information from you and begin the actual planning.

The Reveal:

This is simply the starting point which reveals how your financial future may unfold given your current situation. You will discover your attainable retirement age, attainable lifestyle resources and the rate of return you are required to achieve given the data. I will also back test your information over the past 100 years of historical data to discover the possibility of achieving full income throughout your lifetime as well as the possibility of depleting your assets before.

Education:

This is where we talk about the dangers, opportunities and the strengths inherent in the plan to this point and explore potential for improvements.

Your Plan

RETIREMENT PLANS (“RP”):

PRE-RETIREMENT: Earned income entries such as salary and rental property income must be entered. They are used to calculate maximum annual RRSP contributions. Otherwise, VisionWorks is concerned only with non-registered (open) portfolio savings and registered plan contributions such as for TFSAs and RRSPs. All other pre-retirement income is assumed to be spent.

POST-RETIREMENT: VisionWorks is concerned with general expenses. Have clients accumulated sufficient income-producing assets (non-registered, TFSA, and RRSP portfolios for example) to fund their desired retirement lifestyle?

RETIREMENT AND ESTATE PLANS (“REP”):

Similar to RPs, REPs have a retirement focus and also include the terms of wills in the financial forecast, as well as an estate analysis. Wills are the cornerstone of estate planning. REPs also calculate life, disability, critical illness, and long-term care insurance needs.

Because mass-affluent and HNW clients should be comfortable in retirement, estate planning is very often their primary issue. If clients are in a second marriage and have a blended family, estate planning can be extremely important. For example, if assets are left to children from a previous marriage, there can be a profound impact on the financial circumstances of the surviving spouse / partner.

FINANCIAL PLANS (“FP”):

These plans are cash-flow based and take a “whole-life” approach (as compared with RPs and REPs that have a retirement-only focus). The degree of detail in an FP depends on your client’s expectations. An FP does not need to be overly detailed, however, the more detailed the more accurate any forecasting can be.

LIFE PLANS (“FP”):

While FP’s are focussed on hard data LF’s explore the changes that can occur in one’s lifetime and ask questions that require clients to think about the effects of changes that may happen. We make a connection between your plan and the values you consider most important in your life by having a values conversation.

Programs

Building:

This program is for clients of any age who are concerned with having enough for retirement and want to organize their priorities so that they focus on living the lifestyle that they are accustomed to.

Securing:

For clients who may have achieved a high level of satisfaction with their financial future and want to focus on making sure that their accumulated wealth is going to be secure into the foreseeable future.

Preserving:

Clients who are concerned with protecting their wealth from taxes and ensuring the efficient transfer of wealth to the appropriate beneficiaries.

Canadians with a detailed financial map not only save more but feel happier and more satisfied, according to a survey conducted by the Financial Planning Standards Council

Bookkeeping

We provide general bookkeeping and preparation of monthly financial reports and reviews.

Financial Advisor St. Catharines

The Problem

Small and medium sized businesses are challenged by accounting process that require too many manual steps, take too much of valuable time and produce too much paper work. This leads to lack of accurate and timely financial reports.

Financial Advisor St. Catharines

How We Help

We take care of record keeping and provide timely and accurate reporting so that you know where you stand financially and can spend more time working on your business. We will help you save time and money.

Financial Advisor St. Catharines

Our Solution

Using our cloud based accounting system you can login online to access your financial information from anywhere, anytime.
Starting at $99/month

What's Included

  • Setting up your books and online portal
  • Entering your transactions
  • Government remittances
  • Software updates and training
  • Bank and credit card reconciliations
  • Training & support
  • Monthly bookkeeping
  • Income statements & balance sheets
  • Year-end financial statements