MANAGING FINANCIAL RISK
Vancea Financial’s focus on helping you understand risk is what sets us apart from the competition. We go beyond simply discussing investment needs and product recommendations with you. Instead, we focus on helping you identify all the risks inherent in personal financial planning, and then provide products and services that help you understand and plan for those risks.
We delve beyond the surface to address all the risks you face, beyond the basic risk profile analysis. We ask the hard questions such as, what happens if you live longer than you expect, or die prematurely? How would your family cope if you fell ill and could no longer work? What would be the impact of not having the right tax-reduction strategy for your individual or business needs?
Vancea Financial's advisors care about the well-being of all clients. We believe that by helping you understand all of the risks you face, we can work together to build a better portfolio for you. A portfolio that suits each and every client’s individual needs.
Understanding Risk to Maximize Wealth
When it comes to managing wealth, risk is often a subject that financial advisors talk little about with clients. That’s what makes Vancea Financial different. While many financial advisors address investment risk, we go beyond that to discuss all the other risks clients face that have nothing to do with investment risk.
We help clients understand the risks involved in areas such as missing out on personal and business tax advantages, underestimating personal and business insurance needs, the financial impact of losing their clients, or the risk to loved ones should you fall ill or pass away unexpectedly. Understanding risk factors is a key part of our financial services strategy, and what we believe sets us apart from the crowd.
At Vancea Financial, we believe that it is through creating a financial plan for clients that takes into account more than just their personal risk profile that they can truly know their financial security is in good hands. All clients are unique, and so are the risks they face in their personal and business lives.
Risk management as it pertains to financial planning strategy involves more than just planning for the good times. It’s also about preparing for the possibility of bad times as well, so your financial strategy is ready for every eventuality, knowing that you and your loved ones are protected should misfortune arise.
Some Questions We Consider When Identifying and Assessing Risk
What would happen if you or your partner were unexpectedly unemployed?
Do you have a financial plan that can adapt to a retirement of 10, 20 or even 30 years?
What is the risk to you and your business if you were to lose some key customers?
Do you have an Estate Plan to ensure your loved ones are taken care of in the event of your passing?
How would a sudden illness affect your ability to meet your ongoing financial responsibilities?
Do you have a financial plan that can weather economic instability or even sharp downturns in the economy?
What is the risk of investing your money in financial products that are not right for your needs?
What is the risk of your business having the wrong type of debt? Or of having too much debt?
What is the risk of your business employing the wrong tax strategy?
These are but a few of the questions we consider when working with clients. We don’t just match products to your risk tolerance and financial goals, we match strategies to your unique risk scenarios to help reduce risk and maximize wealth.
A Focus On You & Your Financial Planning Needs
At Vancea Financial Group Inc., we build more than portfolios; we build relationships. Our business structure is unique in that our financial advisors are motivated by your success, rather than by corporate performance targets or the opportunity for promotion. Clients often feel they are little more than a number and that financial planners are more motivated by salary, promotion, and bonuses than in building relationships with clients. Employee success is often defined by the number of products they sell, rather than whether or not the ones they are selling are the right fit for clients.
Our boutique approach means that everyone at Vancea Financial is dedicated to your financial prosperity and to earning your loyalty for years to come.
Our goal is to build relationships that last a lifetime, by getting to know each client and understanding individual needs. We never use hard-sell tactics, and only provide clients with products and services that we truly believe will be of benefit to you. We do not tie employee growth or bonuses to the number of products or services sold, but rather we view employee success through the lens of client satisfaction.
We are successful when YOU are successful in meeting your financial goals! Contact us today to find out how Vancea’s financial planning and wealth management experts can help build a portfolio that meets YOUR individual needs!
Experience the
Vancea Difference
We’re confident that our unique approach to financial planning will provide you with new insight into your financial needs now and in the years to come.