Your Custom Plan

The Frost Group is a family business focused on working with families. Our typical client family involves two or more generations and has some type of business involved (farm, ranch, Professional Corporation, small business, etc.). As a business person, you understand that cash flow is the most difficult thing to manage in a business. It happens to be that way with families too. Our services are suited for families that have more than $5000/month in after-tax income (net income), as we can make the biggest difference for them. Because we view each family as unique, we will create a plan that fits your needs. The chart below shows the main components everyone should consider when planning their finances. Click on each piece of the wheel below to see how we manage your custom plan.

Your custom plan is based on our Certified Cash Flow Specialist (CCS) training and is designed just for you. There are many people like you, but none who are exactly the same. Our process is truly unique and begins with a situation analysis.

  1. Consumption and savings plan and debt planning – This is often the most overlooked part of planning for people, yet probably the most important. This is how we find the dollars to fund the solutions we are recommending. See our CASH FLOW PLANNING page for the process.
  2. Insurance planning – Life insurance and living benefits can be one of the greatest and most valuable pieces of your plan. Working with our team, you know that you have the right solution for your needs, whether you’re starting out or needing to leave something behind.
  3. Investment planning – As an independent brokerage firm we have access to nearly any investment you can think of. We also have none of our own products. This allows us to find the right solutions for you whatever your situation. Investment products are the tools we use to achieve your goals. Without the planning, they are merely products that sit on a shelf.
  4. Retirement planning – Each of us is going to retire one day, but many people are unsure exactly when. Since no two people are alike, neither are their retirements. Retirement is a process that requires training, preparation, and practice. You may live longer in retirement than you spent working. How do you fill your days? What things are you going to do now that you don’t have to be somewhere at 8:15? Will you spend more or less than you did when you were working? Wouldn’t it be nice to know the exact day you can retire and how much money you will have available?
  5. Estate planning – A well-constructed estate plan can help you provide the maximum benefit for family members, business partners, charities and others, according to your wishes. An estate plan will enable you to minimize income taxes and probate fees, provide adequate inheritance distributions, arrange donations to a favourite charity, and ensure sufficient liquidity to pay bills.

    As well it will allow you to develop strategies for income splitting, secure the survival of a family business, and protect your assets from creditors. In addition to the financial benefits, a well-prepared estate plan gives you peace of mind knowing that your family will be looked after in the best way possible

    I will ensure your estate plan will be as unique as you are. With your permission, we will work directly with your legal advisors to ensure they know your financial situation and can get your affairs in order. We will review your needs regularly to ensure your family is taken care of.
  6. Tax planning – We will work with your tax professional to help you minimize taxes. Like using an attorney for legal matters, an accountant can be worth the fee they charge. You can get advice on estates, inheritance, corporate needs, payroll, and income splitting to ensure that you are getting up-to-date information regarding changes in tax laws, credits available, and that you have professional support if you ever get audited.

Our Promise

The world today is ever-changing, and The Frost Group understands the importance of meeting the growing demands in wealth management in this environment. With our guidance, our clients are better able to recognize challenges and react in a calm and effective manner. Being privy to the special accomplishments, changes, setbacks, realizations and fulfillments of our clients has enabled the members of our team to know the satisfaction of a job well done.

Our promise is to deliver our very best in planning for your family, in both service provided and solutions available. We strive to keep our training and education up-to-date to ensure we serve your needs in the best way possible. All of our solutions come in WRITING, and we strive to answer your questions within 24 hours.

Our Process

Making changes can be scary for many people and there are many questions most people have. To provide the best service delivery for our clients, we have designed the following process to serve you better. This allows you to fully understand what needs to happen and when so you can make the right decisions for your family. We do this work over three appointments:

Week 1   Initial Consultation (15-minute phone call): to determine if my team can provide the right solutions for you and to give you a chance to ask me questions. If you decide you would like to move forward, I will email you a request for information and set a date for your initial appointment.

Week 2   One-hour, in-person meeting: This allows me to go over the information you provided ahead of time and get any clarification I need. I can address any items that are jumping off the page in terms of your immediate needs or places to start. We will open your accounts if you decide to move forward. We set our second meeting at the end of this meeting, to best use your time. ***NOTE*** All client information must be received 48 hours prior to appointment or the meeting will be cancelled. I ask for this prior to meeting as you aren’t paying to watch me fill in forms; our time is best spent getting to know your situation and determining your needs.

Week 4/5   After the first meeting and once your transfers are complete, written solutions will be provided and your plan will be built. We will present your plan at our second meeting, showing you how your funds should be invested to achieve the results you need. With your agreement, we will implement your customised financial solutions.

Follow-up

Our Standard Services includes:

  1. Monthly account statements and annual tax documents
  2. Quarterly rebalancing of your portfolio
  3. Quarterly market updates by phone including goal-based reporting
  4. Semi-annual review with advisor
  5. Bi-annual update to retirement plan
  6. Cash flow plan (paid)
  7. 24-hour response to inquiries
  8. Standard rates based on assets

Our Standard Services includes:

  1. Monthly account statements and annual tax documents
  2. Quarterly rebalancing of your portfolio
  3. Monthly market updates by phone
  4. Quarterly review with advisor
  5. Annual update to written financial plan
  6. Complimentary cash flow plan (annual update)
  7. Same-day response to inquiries
  8. Preferred rates based on assets (discounted)

Our Elite Service Includes:

  1. Monthly account statements and annual tax documents
  2. Quarterly rebalancing of portfolio
  3. Monthly market updates by phone
  4. Quarterly review with advisor
  5. Annual update to written financial plan
  6. Complimentary cash flow plan (annual update)
  7. Instant access to advisor
  8. Preferred rates based on asset levels (negotiated)
Standard service Signature Service Elite Service Elite Plus
Account Size Per Plan Less than $500,000 $500,000 - $1 million $1 million+ $1 million+ with complex entities
Plan type Retirement Analysis & Cash Flow Plan (paid) Written Financial Plan & Cash Flow Plan Written Financial Plan & Cash Flow Plan Written Financial Plan & Cash Flow Plan
Annual Reviews Bi – annual review Financial Advisor Financial Advisor Financial Advisor WMS planner & Financial Advisor

Expectations of our clients:

  1. Timely follow-up: We ask for a response within 48 hours for information requests.
  2. Keep us up to date: If anything to do with your money changes we need to know (e.g. address change, marriage, divorce, job, accountant/attorney/tax preparer,)
  3. Ask us questions: If you don’t understand something to do with your info/accounts, please ASK. We can’t fix what we don’t know about.