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Portfolio Audit & Review Package

 

Here's a detailed breakdown of what's covered in a Portfolio  Audit and Strategy Session:

  1. Initial Assessment and Asset Allocation:
    • Current Portfolio Review: An analysis of existing holdings to evaluate fees, diversification, and alignment with financial goals.
    • Determining Optimal Asset Allocation: A tailored asset allocation based on factors such as risk tolerance, investment horizon, and financial objectives. I will explain asset allocation principles, highlighting how different allocations can impact risk and return.
  2. Lazybones Investing Strategies:
    • Introduction to Simple Investment Strategies: I will share a few “Lazybones” strategies (e.g., a two- or three-fund portfolio) that are easy to maintain and suited to different levels of portfolio management commitment.
    • Personalized Strategy Selection: I will assist you in choosing an approach based on your preferred level of involvement—whether you want a “set-it-and-forget-it” approach or are open to slightly more active self-management.
  3. ETF Recommendations and Portfolio Analyzer Tool:
    • ETF Suggestions for Each Asset Category: You'll get personalized recommendations of specific ETFs for each asset class (e.g., equities, bonds) and outline why these might be suitable based on factors like expense ratios, tracking accuracy, and tax efficiency.
    • Portfolio Analyzer Tool Training: I will guide you on using my custom Portfolio Analyzer too which will help you monitor allocation, track performance, and make adjustments moving forward.
  4. Cost and Tax Efficiency:
    • Fee Optimization: We will review management fees, ETF MERs, and any transaction fees to identify areas to reduce costs.
    • Tax-Efficient Strategies: We will discuss strategies like using tax-sheltered accounts (RRSP, TFSA), or selecting tax-efficient ETFs to minimize the impact of taxes on the portfolio.
  5. Q&A on Portfolio and Personal Finances:
    • Open Q&A: You can ask me any portfolio-related questions or general financial planning queries related to rebalancing, emergency funds, or retirement savings.
  6. Follow-up Support:
    • Email Support for Follow-Up Questions: I will provide email support post-session to answer any remaining questions that you may have, ensuring you feel confident moving forward with your strategy.