ooo rth a armarracti

eed

Pervez H. Patel
Investment manager

CANADIAN
“INVESTMENT CONSULTANTS

“e Where to invest in light of current market conditions
30 ° Using Mutual Funds to achieve an income stream that attracts minimal

e « Improve the risk/return characteristics of your investment portfolio
Panel Discussion:
with
Regional Managers for Clarington and AIC Group of Funds.
David O'Brien of Clarington on September 8th, 1998
Colin White of AIC on September 16th, 1998
Andrew WS. Donald, President, C.L.C.(888) Inc.
_ Pervez H. Patel, Investment Manager

_ RSVP to ia or Margaret at 1 436. 3556 ASAP to reserve seats
Co-sponsored by:

Wednesday, September 9, 1998 -

North Shore News - 17

Top 10 questions to
financial planners

MANY people spend more time plan-
ning for a vacation or buying a sofa
than they do planning for their finan-
cial future.

When they finally decide it’s time to put their
financial house in order, they don’t know where
to start.

Start by getting some professional help. You
shouldn't hesitate seeking professional financial
advice any more than you would avoid seeing a
doctor when you’re sick. A professional financial
advisor can help you set up a financial plan. He
or she can help you determine which invest-
ments are best suited to achieve your financial
goals, establish a savings program to build your
assets, and explain the potential risks and
rewards of different investments.

Probably the mast important contribution
an independent financial advisor can make is to
help you stick to your plan. Rescarch conducted
by Dalbar Financial Services found that during
an I]-year period ending June 1995, U.S.
investors with a financial advisor held their
investments longer and carned almost 17% more
in total cumulative return on their investments
than those who purchased directly.

Finding a financial advisor is no different
from finding a doctor. People are usually willing
to give a good reference. Ask your friends and
relatives for recommendations. Ask about the
advisor’s expezience, track record, services,
investment approach and fees.

And don’t be afraid to request credentials.
Remember, it’s your money and your future. If
the person you're considering makes you feel
like you're wasting his or her time, chances are,
you'll be wasting your money.

Smart Cremation ‘Options Start with Goo

Interview any financial advisor you're inter-
ested in to be sure he or she fits vour style and
risk tolerance.

The candidate must understand vour invest-
ment needs. He or she must be someone you
trust, and someone who can tailor a portfolio to
meet your personal requirements. A conscien-
tious planner will use the initial meeting to dis-
cuss your financial situation, objectives and risk
tolerance level.

Consider asking your prospective financial
advisor the following questions:

@ What are your qualifications? Do you under-

stand my attitude towards risk?

. May I see 2 sample of a completed financial
an?

a What services will you provide and how often?

@ Whar fees or commissions do you charge?

@ Can you provide references?

If you’ve decided to invest in mutual funds,
be sure to ask these additional questions:

@ How much will it cost to buy. into the fund
after commissions and fees? -
@ Wiil I receive an annual review of the fund
and the fund manager’s strategy

@ How often will Freceive deviled information
about the fund?

@ Will my investments be compared periodical-
ly with competing funds?

@ Will you check with me on a regular basis to
find out if my investment needs have changed?

If you’re ready to get your finances in order,
start by investing in professional financial. help.
Ultimately, choosing a financial advisor is the
most important investment you'll make.

Information 1 provided by Rlair McLean, a vege -
isered financial planner with B.C. Partners in
Planning. For more information, call 2?

remation
ark j in BC?

formation

Call TODAY to receive your FREE PLANNING GUIDE
“It's better to have your planning done ahead of time
and not need it, than to need it and not have it’

= =

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