Wealth Management Services
"Knowledge comes from learning and confidence comes from experience, but wisdom comes from mistakes."
Financial planning is a dynamic process that requires:
- The assessment of your current financial situation based on your personal assets and liabilities; personal income and expenses.
- Setting your short and long term financial goals paying off credit card and/or student loan debt, investing for retirement, investing for college costs for children, paying medical expenses, and estate planning for passing on property to heirs.
- Taking action by following a detailed plan on how to reduce unnecessary expenses, increase your household income, or an investment strategy in the stock market.
- Monitoring and reassessment on a systematic basis or at every major life changing event, like buying a car, a house, having a child, starting a business, paying for education expenses, getting close to retirement, major accident or even terminal illness.
Debt & Income management
Prosperity Management wants to teach you how to successfully manage your money without spending too much time with bookkeeping, budgets and spreadsheets. Prosperity Management wants to show you how to consider the suitable type of banking products (checking, savings accounts, credit cards and consumer loans) or investment (stock market, bonds, mutual funds) and insurance (life insurance, health insurance, disability insurance) products or participation.
Personal & Family Finance guidance
The execution of a financial plan often requires discipline and perseverance. Prosperity Management offers professional assistance to help you stay on track and take care of your future.
Prosperity Management can give daily tips and exercises for you and your family to achieve your financial goals.
Protecting your legacy from unforeseen risks like financial liability, property loss, death, disability, health and long term care. Prosperity Management can teach you how to determine how much insurance to get, at the most cost effective term and how to take advantage of any tax benefits.
Typically the income tax is the single largest expense in a household. Managing taxes is not a question of if you will pay taxes, but when and how much. Prosperity Management can teach you how to take advantage of many government incentives like tax deductions and credits, to reduce your lifetime tax burden.
Prosperity Management wants to teach you a convenient, accurate and affordable preparation of personal, small business and rental properties tax returns. We'll do our best to show you how to get the maximum refund possible.
If you wish to spend less time and money completing your taxes and more time doing the things you actually want to do! Prosperity Management can simplify your life by processing your income taxes for you.
Will & Estate Planning
At death there is typically a tax due to the government based on the assets held by the deceased. Prosperity Management wants to show you how to avoid these taxes so you can leave more of your assets to your family, friends or charitable groups.
Prosperity Management also offers to teach you a how much retirement will cost and show you how to take advantage of many government incentives like social security, old age security, registered savings plan and pension.
Prosperity Management wants to teach you how to effectively invest and manage your money prudently instead of following the industry exuberance that encourages gambling and speculation. Prosperity Management can show you how to achieve your financial goal without the need to stock-picking, market timing or investing based on the stock market excitement.
Prosperity Management wants to teach you a lifelong investing philosophy based on fundamentals of academic research and on data, not hunches or the opinion of gurus.
Please note these are the type of wealth management services Prosperity Management Corp. can offer in the region surrounding Calgary Alberta. Please contact us for more information.