About
In today’s busy, complex and sometimes confusing world, making the right investment choices has never been more important, or more challenging. Professional guidance is increasingly vital to achieving financial security and peace of mind. Since 1989, our experienced team has become well known throughout the Lower Mainland for practicing comprehensive Wealth Management with high net worth individuals, retirees, professionals, and corporations. We have extensive experience in wealth creation and preservation through advanced tax and estate planning strategies, providing the necessary capital and lifestyle sustaining income throughout a client's lifetime and beyond.
Our business is about people. It is about the hopes, aspirations, and dreams of Canadians.
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It is about helping retirees live with comfort and confidence;
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It is about helping parents open the doors of opportunity for their children;
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It is about helping a family buy their dream home;
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It is about entrepreneurs succeeding in their business;
Our team’s highest priority is that of improving the lives of clients through sound financial solutions. You are invited to contact us for a complimentary, no-obligation evaluation.
Our Process
Our team takes clients through a 7 step True Wealth Management process. We use a family model approach to financial planning. With a written customized wealth management plan, we explore strategies such as incorporation, tax effective strategies for withdrawing funds from a corporation, income splitting, prudent use of leverage, asset swaps, debt replacement, philanthropy needs, retirement planning, intergenerational transfers, business succession planning and family trusts to create a unique and successful wealth program tailored to our individual clients.
Financial Planning Review
Gathering Client data; explain services provided; personal financial review; outline of financial planning program; establish roles and responsibilities of the planner and the client.
Goal Setting
Establish goals, needs, and priorities; determine expectations and wishes; identification of issues and opportunities.
Discussion Paper
Examine scenario analysis; develop appropriate strategies to address issues and opportunities; review needs and objectives; compare current vs. recommended strategies.
Planning Presentation
Present and review recommendations with the client; identify projections, tactics, and considerations; complete paperwork to implement the plan.
Asset Allocation
Comprehensive investment analysis; Strategic and Tactical Asset Allocation plan.
Estate Analysis
Implement risk management and estate plan; review with management specialist; update wills and powers of attorney; coordination with lawyer; establish trusts.
Review
Ongoing monitoring of plan; review progress; changes in personal circumstances; changing tax laws and economic circumstances.
Business Owners & Professionals
At Karasick & Associates Private Wealth Management, we focus on the areas of investment, tax and estate planning strategies for high net worth and ultra high net worth professionals and business owners, and their families. Why? Because successful people are often so busy building their businesses, they don’t have the time or expertise to manage their personal finances to maximum benefit.
