Frequently Asked Questions
Why should I work with a Certified Financial Planner (CFP®)?
Working with a Certified Financial Planner means you’ll receive advice that considers every aspect of your financial picture, including taxes, investments, and estate planning. Only 25% of financial advisors in Canada hold the CFP® designation, making it a mark of distinction that sets CK Wealth Group apart.2 CFP® professionals meet rigorous standards for education and ethics, ensuring you get advice you can trust. This level of expertise can make a measurable difference in achieving your financial goals.
Clients who work with financial advisors accumulate 4.2 times more assets than those who don’t, according to FP Canada.1 This highlights the importance of having a trusted partner who can provide expert guidance, especially in today’s complex financial landscape.
What is cross-border wealth management, and do I need it?
Cross-border wealth management helps clients manage assets, investments, and taxes across Canada and the U.S. If you live, work, or invest in both countries, this service ensures compliance with regulations while optimizing financial growth. With over 900,000 Canadians living in the U.S., many face challenges like navigating tax treaties or managing cross-border retirement accounts.3 CK Wealth Group specializes in simplifying these complexities so you can focus on achieving your goals.
How do you build a personalized financial plan?
We start with a discovery call to understand your financial goals, concerns, and current situation. From there, we craft a tailored plan that evolves with your life. Financial plans help you make better decisions and feel more confident—yet only 49% of Canadians have one.4 Having a plan in place can significantly improve your financial stability and peace of mind.
How do you help with retirement planning?
Retirement planning involves more than saving—it’s about ensuring your wealth lasts. We focus on maximizing your savings, minimizing taxes, and creating steady income streams. In Canada, 32% of people aged 45–64 worry they will outlive their savings.5 By planning ahead, you can avoid this stress and retire with confidence.
How often will I meet with Greg?
We believe in staying connected to ensure your plan stays on track. Depending on your needs, we offer bi-annual and annual reviews. Clients who review their plans regularly are 2.5 times more likely to achieve their financial goals.6 Regular updates also allow us to adjust your strategy as your life changes.
What are your fees, and how are you compensated?
Our fees depend on the services you require, and we discuss them upfront to ensure complete transparency. Research shows that 73% of Canadians consider fee transparency one of the most important factors when choosing an advisor.7 At CK Wealth Group, we make sure you fully understand how we’re compensated so you can feel confident in our partnership.
Can you help me reduce taxes on my investments?
Absolutely. We specialize in creating tax-efficient strategies that include optimizing retirement withdrawals, managing capital gains, and leveraging tax shelters. The average Canadian household pays 43% of its income in taxes, making tax efficiency essential for building and preserving wealth.8
How do you manage investments during volatile markets?
We use diversification, long-term strategies, and risk management to help you weather market volatility. Diversified portfolios have been shown to reduce volatility by up to 20%, providing more consistent growth compared to concentrated investments.10
Do you offer services for business owners?
Yes, we specialize in helping business owners balance personal and business wealth. From optimizing retirement plans to managing cash flow, we provide tailored solutions that support both your entrepreneurial and personal goals. Small businesses contribute 42% to Canada’s GDP, making strategic financial planning crucial for long-term success.11
Can you help my family build generational wealth?
We develop strategies to grow and protect wealth for future generations. Without proper planning, 70% of Canadian wealth is lost by the second generation.12 Our legacy planning ensures your wealth supports your family’s future while minimizing taxes and other risks.
What insurance solutions do you offer?
We provide life, disability, and critical illness coverage to protect your family from unexpected events. Currently, 35% of Canadians lack life insurance, leaving families financially vulnerable in emergencies.13 Our tailored solutions offer peace of mind and security.
- FP Canada: Value of Financial Advice
- FP Canada: CFP Certification Statistics
- Statistics Canada: Canadians Living in the U.S.
- FP Canada: Financial Planning Confidence Study
- RBC Poll on Retirement Savings
- Wealth Professional Canada: Importance of Annual Reviews
- Deloitte Study on Fee Transparency
- Fraser Institute: Canadian Tax Statistics
- FP Canada: Financial Stress Study
- Morningstar Canada: Diversification Research
- Statistics Canada: Small Business Impact
- CIBC Wealth Transfer Statistics
- Canadian Life and Health Insurance Association