Assante Wealth Management
Assante Wealth Management is a top wealth management company. It has been helping families and individuals since 1995. With over 900 advisors, the firm manages about $46 billion in assets.
They offer custom solutions to meet each client’s goals. As part of CI Financial Corp., Canada’s third-largest investment fund company, Assante gets the support of its publicly traded parent. This parent is listed on the Toronto Stock Exchange as CIX.
This Canadian wealth management company was founded in 1995. It combines experience with innovation. Its network of over 800 advisors across Canada offers personalized strategies.
These strategies include mutual funds, segregated funds, and portfolio management. Clients are very satisfied, with an 80% satisfaction rate. This shows the firm’s focus on individual needs.
Key Takeaways
- Assante Wealth Management, part of CI Financial Corp., oversees $46 billion in assets.
- Established in 1995, it supports over 900 advisors nationwide.
- Offers personalized investment products like mutual funds and portfolio management.
- Client retention exceeds 90%, with 75% survey response rates.
- CI Financial Corp., its parent company, is a S&P/TSX Composite Index member.
Understanding Assante Wealth Management Services
Assante Wealth Management provides financial planning services tailored to your needs. Advisors start by understanding your goals, whether it’s growing wealth, protecting assets, or securing the future for your family. They create strategies that evolve with your life, combining knowledge in taxes, investments, and risk management.
Personalized Financial Planning
Every plan begins with a detailed look at your finances. Advisors use this information to craft strategies for both now and the future. They choose investment advice that fits your risk level and time frame, keeping your portfolio in sync with market changes.
Investment Management Strategies
Investments are carefully selected and closely watched to grow your wealth. Risk management programs are put in place to protect against market ups and downs. Tax-smart strategies, like tax-deferred accounts and trusts, are used to reduce taxes and increase your after-tax returns.
Retirement and Estate Planning
Retirement planning aims to create steady income while reducing taxes. Estate plans ensure your assets go to your loved ones without high legal costs. Assante also helps you align your charitable goals with your legacy, ensuring your values are passed on.
| Service | Description | Benefit |
|---|---|---|
| Financial Planning | Custom strategies for goals like education, buying a home, or starting a business | Personalized roadmap for life events |
| Investment Management | Portfolio construction using diversified assets and risk controls | Maximized growth with reduced exposure to market swings |
| Estate & Retirement Planning | Transfer of wealth with minimal tax impact and legal costs | Secure legacy preservation for beneficiaries |
The Importance of Tailored Wealth Management
Your financial journey is as unique as you are. That’s why Assante Wealth Management focuses on personalized financial strategies that reflect your life’s goals. Without a tailored approach, studies show investors can fall behind. A 2011 study revealed investors underperformed the market by 4.32% annually—costing a $500,000 portfolio over $1.2 million over 20 years. With tailored investment portfolios, Assante ensures every decision aligns with your priorities.
Customized Solutions for Every Client
Assante’s advisors analyze your unique circumstances, from family needs to career milestones. With over 900 advisors nationwide, they design strategies that balance risk and growth. Whether you’re building a legacy or planning for education, their personalized financial strategies avoid one-size-fits-all solutions. This approach helps protect and grow assets, supported by CI Financial Corp.’s $348.5 billion in assets (July 2022).
Aligning Financial Goals with Lifestyle
True wealth management goes beyond numbers—it supports your values. Assante helps clients fund passions, like supporting the Princess Margaret Cancer Centre through events like the ONE LIFE Gala, which raised $400,000 in 2022. Whether your aim is early retirement or funding charities, their advisors ensure tailored investment portfolios mirror your lifestyle. This holistic view also considers tax impacts, which can cut gains by 25-50%, and regulatory safeguards like IIROC oversight to protect assets.
Who Can Benefit from Assante Wealth Management?
Assante Wealth Management offers wealth management solutions for different groups. They help achieve unique financial goals. Their strategies are tailored for three main client groups.
High Net-Worth Individuals
Those with big assets get special services from CI Assante Private Client. They create custom portfolios and use tax-smart strategies. Advanced tools help manage risk and grow wealth, keeping up with market changes.
Families Looking for Long-Term Planning
Assante helps families plan for the future. They focus on keeping wealth in the family. Services include education funding and estate planning to save on fees. Advisors work with experts to match family values with financial security.
Business Owners and Entrepreneurs
Business owners get advice on succession and taxes. Assante helps manage personal and business finances. Their team ensures compliance with tax laws and offers insurance and estate plans.
| Client Group | Key Needs | Assante Solutions |
|---|---|---|
| High Net-Worth Individuals | Asset preservation, tax efficiency | Custom portfolios, institutional analytics |
| Families | Legacy planning, wealth transfer | Trust strategies, tax-minimized estates |
| Business Owners | Succession planning, risk management | Corporate tax strategies, insurance integration |
Core Values of Assante Wealth Management
Assante Wealth Management stands on three key values: integrity, trust, and professionalism. These values mean clients work with financial advisors who value honesty and clear talk. Every choice, from being open about fees to tailoring plans, shows a commitment to strong, lasting relationships.
Integrity and Trust
Every step is clear and open. Advisors at Assante Wealth Management tell you about fees right away and always put your needs first. They stick to ethical practices, avoiding hidden fees or conflicts of interest. This builds trust and lets you focus on your financial dreams without worry.
Commitment to Client Education
Assante thinks knowing more leads to better choices. They offer free webinars and one-on-one talks to make tough topics like taxes or estate planning easier. This education helps clients make informed decisions, making sure plans fit their personal goals.
Community Engagement
Assante Wealth Management does more than just manage money. They give back through charity programs. Advisors get involved in local projects, showing their belief in helping others. This action turns their values into real change in the communities where clients live and work.
The Process of Working with Assante
At Assante Wealth Management, your journey begins with clarity and teamwork. Each step is crafted to turn your goals into real plans. This ensures your financial strategy grows with you. Let’s dive into how we make this happen.
| Step | Description |
|---|---|
| Discovery | Advisors collect details about your finances, goals, and risk level. You’ll share documents like tax returns and insurance policies. This helps create a complete financial picture. |
| Planning | A Wealth Discovery Plan is created, building on your Financial Plan. It includes personalized financial strategies for investments, insurance, and taxes. |
| Implementation | Investment advice guides the execution of your strategy. We use top-tier products and services. |
| Monitoring | Regular reviews keep your plan up-to-date with life changes. Adjustments are made as needed, based on market changes or personal milestones. |
| Revisiting | The plan evolves with life or economic changes. This ensures it remains relevant and effective. |
Initial Consultation: Setting Goals
Your first meeting is key. It can be in-person or online. We discuss your concerns, like retirement or family security. Bring recent financial records to avoid missing anything.
Developing a Comprehensive Plan
Every Wealth Discovery Plan covers all aspects of your finances. Advisors use your input to create a balanced plan. It’s tailored to your growth and safety needs, based on your risk tolerance.
Ongoing Monitoring and Adjustments
Plans evolve as you do. We regularly review progress and update strategies. This reflects new goals or market trends. Communication is open—choose how you prefer to stay in touch (phone, email, or in-person).
Tools and Resources Offered by Assante
At Assante, our wealth management solutions use the latest tools to make financial decisions easier. Clients get to use easy-to-use platforms that help turn big goals into doable steps. Our experts work with these tools to make sure every choice helps you succeed in the long run.
Financial Planning Software
Our software, like the Investor Profile and Net Worth Calculator, creates a personalized financial picture. Clients can see how their retirement or education savings plans look through interactive dashboards. The Cash Flow Statement shows your spending in real time, and the Retirement Savings Estimator shows how long your savings might last under different scenarios. These tools are key to our financial planning services, making sure you always understand your financial situation.
Investment Tracking Tools
Our dashboards let clients keep an eye on their investments anytime. The Asset Allocation Tracker shows how well your investments are spread out, and the TFSA vs Taxable Comparison tool helps you understand tax benefits. Alerts and reports keep your investment strategy on track. Tools like the Real Rate of Return calculator make it clear how taxes affect your growth.
Educational Webinars and Workshops
Every month, we host webinars on topics like tax planning and RRSPs. Our workshops teach you to use tools like the Share Donation Calculator and LIF Retirement Income Forecaster. Led by certified advisors and legal experts, these sessions keep your knowledge current and practical.
The Expertise Behind Assante Wealth Management
Every successful financial plan starts with skilled professionals. At Assante Wealth Management, clients work with a team of experienced advisors. They help turn dreams into reality. Since 1995, Assante has been a trusted name in Canada, backed by over 25 years of success.
Experienced Financial Advisors
Assante’s advisors are more than just helpers. They are partners in your financial journey. They stay up-to-date with the latest knowledge and skills. With support from CI Global Asset Management and CI Private Counsel LP, they offer personalized advice.
Industry Recognitions and Awards
CI Financial Corp., Assante’s parent, has a strong track record. Since 1994, it has been a top performer on the S&P/TSX. This stability shows the firm’s ability to keep clients’ trust through market changes. Awards and recognitions show their commitment to ethical practices and client success.
Market Trends Impacting Wealth Management
Keeping up with market changes is crucial for financial success. Assante Wealth Management uses real-time data to offer advice that fits economic shifts. They focus on inflation, global changes, and more to help clients meet their goals.
Rising inflation and interest rates require quick action. For example, Canada’s Consumer Price Index fell to 3.1% in October 2023. Yet, mortgage costs for $500K loans jumped by $850 monthly as rates went up. Assante’s advisors adjust portfolios to match economic cycles and client needs.
Tax laws play a big role in keeping wealth safe. Assante works with tax experts to find the best strategies, like income splitting or giving to charity. With U.S. companies like Apple making $984M in interest, advisors suggest tax-efficient options like municipal bonds to keep capital safe while growing it.
Global events and tech changes change how we invest. Japan’s low interest rates contrast with North America’s hikes, opening up new opportunities. Assante uses analytics and tech to predict outcomes, helping clients manage risks and aim for long-term financial success.
Client Testimonials and Success Stories
Assante Wealth Management has made a big difference in people’s lives. A couple saw their assets grow from $60 million to $660 million in six years. This shows how effective their personalized financial plans can be.
These stories show the firm’s dedication to helping clients achieve their goals. They do this through tailored wealth management services.
Case Studies of Client Experiences
A retired couple grew their portfolio by 566% in nine years. Another client’s assets jumped from $5 million to $400 million with Assante’s help. These successes match the firm’s impressive track record.
Assante manages over 44 billion in assets with the help of more than 830 advisors. This shows their expertise and reach.
Building Long-Lasting Relationships
Many clients have been with Assante for decades. One family has worked with the same advisor for 30 years. Their wealth has grown, even through market changes.
This loyalty comes from regular updates and advice. In 2020, advisors made 80 calls to clients during tough times. They also plan for future generations, showing their commitment to families.
Feedback and Continuous Improvement
Client feedback drives Assante’s growth. It led to more educational webinars and letters that brought in $1.27 million. One advisor increased their production from $700k to $2.9 million a year by listening to clients.
This focus on growth and trust has kept client retention high at 92%. It shows their commitment to their clients.
Assante’s success is clear from their achievements and steady growth. Their partnership with CI Financial, a top Canadian firm, adds to their stability. Clients feel confident about their financial future with Assante’s help.
FAQ
What makes Assante Wealth Management different from other wealth management companies?
Can you explain the process of working with Assante Wealth Management?
Who can benefit from Assante’s wealth management services?
What core values guide Assante’s approach to wealth management?
How does Assante help clients prepare for retirement?
What tools and resources does Assante provide to enhance the client experience?
Can you provide details on the expertise of Assante’s financial advisors?
How does Assante adapt to changing market conditions?
What kind of feedback does Assante seek from its clients?
How has Assante helped clients achieve their financial goals?
Source Links
- About Assante — Taglieri Group Family Wealth Advisors – https://www.taglierigroup.com/about-assante
- CI Assante Wealth Management | Wealth Professional – https://www.wealthprofessional.ca/company-profiles/ci-assante-wealth-management/222378
- Assante Wealth Management – http://orilliaca.chambermaster.com/list/member/assante-wealth-management-211.htm
- Wealth Planning & Financial Advice | CI Assante Wealth Management – https://www.cifinancial.com/ci-assante/ca/en/index.html
- Our Wealth Management Services | CI Assante Wealth Management – https://www.cifinancial.com/ci-assante/ca/en/what-we-do/services.html
- What We Do – Assante Wealth Management – https://www.cornerfinancialpartners.com/what-we-do/
- Alexandria Wealth Management – ABOUT ASSANTE – https://advisor.assante.com/web/alexandria-wealth-management-group/about-assante
- Cost Matters – Assante – https://carterprivateclientgroup.com/approach/stay-disciplined/
- Assante Wealth Management – Products, Competitors, Financials, Employees, Headquarters Locations – https://www.cbinsights.com/company/assante-wealth-management
- Experience the Assante Advantage | CI Assante Wealth Management – https://www.cifinancial.com/ci-assante/ca/en/about/experience-assante-advantage.html
- CI Assante Wealth Management Corporate Brochure – https://www.ldcu.ca/assets/pdfs/assante/ASSANTE-Advantages-AWM_Corporate_Brochure_2020_10_EN 1.PDF
- Assante West Pender | CI Assante Wealth Management – https://assantewestpender.com/
- About Assante – Jack Lumsden, CFP® – https://jacklumsden.com/about-assante/
- Davis Nerman Wealth Group – The Wealth Discovery Process – https://advisor.assante.com/web/davis-nerman-wealth-group/the-wealth-discovery-process
- Our Process | Ferguson Financial Planning | CI Assante Wealth Management – https://www.fergusonfinancialplanning.com/our-clients/our-process/
- Financial Planning Tools & Calculators | CI Assante Wealth Management – https://www.cifinancial.com/ci-assante/ca/en/resources/tools.html
- Financial Advice – Assante – https://carterprivateclientgroup.com/financial-advice/
- Financial Advice North Bay | Home | CI Assante Wealth Management – https://www.101mcintyre.ca/
- What to expect in 2024 – https://www.richwiddifield.com/blog/what-expect-2024
- Wealth management in the age of analytics: The challenges and the opportunities – https://www.sas.com/en_ca/insights/articles/analytics/wealth-management-analytics.html
- Our Client Stories – Testimonials for Bill Good Marketing – https://www.billgoodmarketing.com/testimonials/
- Home – Assante Wealth Management – https://www.cornerfinancialpartners.com/
- About Us – Assante Wealth Management – https://www.cornerfinancialpartners.com/about/
