Having all the necessary information to hand prior to our meeting will greatly improve effectiveness of our meeting.  It will also reduce the time in which TAMRIS can perform its analysis.

The following represents some of the information that would be useful.

Valuation, performance and transactions

Please bring photocopies of past and current portfolio valuations, of transaction statements and any performance analysis provided by your advisors.  The more comprehensive the information the better. 

Not all your investments will be managed.  However, if TAMRIS is to provide a comprehensive analysis of your wealth and asset management advice it will need to know details of all your investments; GICS, Canada Saving and Premium Bonds, Life Insurance investments, RIFFs, RRSPs and, cash balances.

Information on your cash balances and the maturity date of these cash balances, if notice is required, is very important. 

Recommendations, reports and proposals

Please provide the following;

1. any reports or proposals that you received at the outset of your current relationship.

2. any subsequent, reports, reviews or proposals received from your advisor (s) justifiying recommendations, changes in strategy or explaining performance and actions.

3. a copy of the "know your client form" if this is the information on which recommendations have been based or a copy of personal financial information used by your advisor to base portfolio decisions on.   

4. a copy of your risk assessment questionnaire and the results of your risk assessment.

5. copies of stock market and economic commentary describing the manager's views.

Educational, service standards and corporate information

Please bring any education material provided by your advisor that describes investment risk, their asset management approach and investment disciplines.

Wealth forecasting

Please bring along any information that describes how they have projected the capital growth of your investments and the ability of these investments to meet your financial needs.

Information on any adjustments to the projections they have made and why, if provided, would also be needed.

Other advisors

If you are looking for an analysis of how well your overall wealth management advisors are operating together, then you will need to provide any insurance, pensions, tax and estate planning recommendations, proposals and reports provided by your advisors.

Past advisors

As much information as possible about your previous advisor would also be important where you have changed advisors because, a) you were advised that you advisors were not doing the job properly or, b) you were dissatisfied with the service and or performance of your advisor.

What your current advisor did to the holdings recommended by the previous advisor is material to the analysis provided by TAMRIS. 

Personal Objectives

If you or your advisor have not already done so, please think about your own personal financial objectives, since these will impact on any investment planning analysis that TAMRIS may carry out.

Any financial plan that has been carried out by your financial planners and or other advisors would be useful information. 

If TAMRIS is to carry out an asset and liability modelling analysis it will need to have your planned current and future expenditure objectives.

Sources of income

For example, what is your current expenditure, what are your current sources of income including employment, self employment, pensions, annuities, property, trust or any other source of income.  Are there any expected changes to your financial position in this respect.

Sources of capital

Do you expect any capital injections to your portfolio, both now and in the future.  A good example is inheritance.

Planned expenditure

What are your planned expenditures for the future, how much do you intend to spend in retirement, when do you intend to retire.   Some individuals plan to spend more in their early retirement years and less later.   

It will need these to assess your advisors own wealth forecasting as well as the ability of your portfolio to meet planned income and capital needs.

Expenditure needs to include items of a capital nature that are one off (home renovations, weddings, large holidays) or that are of a recurring nature, for example, replacing your car every few years.