David Francilia, Senior Wealth Advisor and Qtrade Advisor with Surrey’s South Point Branch of Envision Financial Wealth Management.

David Francilia, Senior Wealth Advisor and Qtrade Advisor with Surrey’s South Point Branch of Envision Financial Wealth Management.

The Value of Expert Advice

Why you need a financial planner – and how to choose one

It’s never too early, or too late, to start your financial plan. Whether you’re saving for your first home, your children’s education or your retirement – or something completely different – reaching your goals begins with a plan.

Yes, those major life goals can seem overwhelming, so it’s important to begin with a plan that’s built for you. And that’s where the value of expert advice comes in – while we might share common goals, there’s no single way to reach them.

A professional financial planner will work with you to create a plan based on your specific situation, taking into account such myriad factors as your age, income, debt, lifestyle and risk tolerance.

“Planning for your financial future can be confusing for those without the training and expertise – things are changing all the time and there are so many components to a well-rounded plan. I hope it comes to the point where having a financial planner is just like having a dentist – everyone has one,” says David Francilia, Senior Wealth Advisor and Qtrade Advisor with Surrey’s South Point Branch of Envision Financial Wealth Management.

A plan made just for you

No matter what stage of life you’re in, an advisor can create a roadmap to make the most of your investments, maximize tax savings, manage debt and reach your savings goals.

Here’s how:

  • Ongoing education – Continuous learning and collaboration is an essential part of long-term investing. The goal should be for you to better understand what you’re invested in, and why, to build your confidence regardless of changing market conditions.
  • Focus on diversity – Thoughtful diversification within your portfolio is vital to your success.
  • Long-term commitment – Regular plan updates are part of responsible investing as your needs and goals change over time.

Choosing the right advisor

Because a relationship with your financial planner must be grounded in trust and communication, Francilia recommends meeting with several professionals to find a good fit – someone you feel comfortable with.

“Ideally this is someone you’re going to work with for a long time, so taking the time at the beginning to find someone you communicate well with is critical.”

It’s also important to consider your unique needs and goals.

While “certified financial planner” is the broad designation for the industry, numerous additional designations cover areas such as life insurance, mutual funds and securities.

Some advisors specialize in a particular area, others offer a full-service approach, Francilia explains.

To get started on your financial plan, or fine-tune the route you’ve already started, book an appointment with your Envision Financial advisor today.

Envision Financial Wealth Management is a division of FW Wealth Management Ltd. which is a wholly owned subsidiary of First West Credit Union. FW Wealth Management Ltd. is a licensed life insurance agency offering financial planning, life insurance and investments. Mutual funds, other securities and securities related financial planning services are offered through Qtrade Advisor, a division of Credential Qtrade Securities Inc. Financial planning services are available only from advisors who hold financial planning accreditation from applicable regulatory authorities.

Financial planning

Just Posted

Tanvi Pandhi, a Grade 12 student at Fleetwood Park Secondary, took part in the Surrey school district’s survey of students in grades 10 to 12, with a focus on health and safety during the COVID-19 pandemic. (Photo: Lauren Collins)
Surrey students voice concerns about mask wearing, distancing in schools

Surrey school district has been surveying students in grades 10 to 12

Cambridge Elementary School music teacher Darlene Lourenco is “on the mend” after contracting COVID-19. She had a two-week stay at Surrey Memorial Hospital, including in the ICU. (Photo: submitted)
Surrey music teacher at home after two-week hospital stay battling COVID-19

Meantime, Surrey Teachers’ Association sends letter with safety demands to board of education

Keir Macdonald, CEO of Phoenix Drug and Alcohol Recovery Education Society, with the “first of its kind” Adult Residential Substance Use and Supportive Recovery Facility Homelessness Count. It was done around the time of the Metro Vancouver Homeless Count (March 3 to 4, 2020) to complement the count. (Photo: Amy Reid)
Surrey homeless, recovery counts show need for long-term solutions

This was the first time recovery, substance use facilities were included in the count

Chief Constable Norm Lipinski, Surrey Police Service. (Submitted photo)
Hail to the chief – an in-depth interview with Surrey Police Service’s first boss

Chief Constable Norm Lipinski will assume his historic new role on Dec. 14

Fraser Health has declared a COVID-19 outbreak at Newton Elementary School in Surrey, according to an information bulletin Friday, Nov. 27, 2020. (Image: Google Street View)
Second Surrey elementary school declares COVID-19 outbreak, closes for two weeks

Newton Elementary closed for two weeks, set to reopen Dec. 14

(Photo: Amy Reid)
VIDEO: 2020 Community Leader Awards recognize Surrey’s unsung heroes

They don’t often receive recognition and don’t necessarily have a high profile in the community

Black Press Media and BraveFace have come together to support children facing life-threatening conditions. Net proceeds from these washable, reusable, three-layer masks go to Make-A-Wish Foundation BC & Yukon.
Put on a BraveFace: Help make children’s wishes come true

Black Press Media, BraveFace host mask fundraiser for Make-A-Wish Foundation

(File photo)
Vancouver police warn of toxic drug supply after 7 people overdose at one party

Seven people between the ages of 25 to 42 were taken to hospital for further treatment.

A man walks by a COVID-19 test pod at the Vancouver airport in this undated handout photo. A study has launched to investigate the safest and most efficient way to rapidly test for COVID-19 in people taking off from the Vancouver airport. The airport authority says the study that got underway Friday at WestJet’s domestic check-in area is the first of its kind in Canada. THE CANADIAN PRESS/HO, Vancouver Airport Authority *MANDATORY CREDIT*
COVID-19 rapid test study launches at Vancouver airport for departing passengers

Airport authority says that a positive rapid test result does not constitute a medical diagnosis for COVID-19

114 Canadians were appointed Nov. 27 to the Order of Canada. (Governor General of Canada photo)
Indigenous actor, author, elder, leaders appointed to Order of Canada

Outstanding achievement, community dedication and service recognized

Screenshot of Pastor James Butler giving a sermon at Free Grace Baptist Church in Chilliwack on Nov. 22, 2020. The church has decided to continue in-person services despite a public health order banning worship services that was issued on Nov. 19, 2020. (YouTube)
2 Lower Mainland churches continue in-person services despite public health orders

Pastors say faith groups are unfairly targeted and that charter rights protect their decisions

A big job: Former forests minister Doug Donaldson stands before a 500-year-old Douglas fir in Saanich to announce preservation of some of B.C.’s oldest trees, July 2019. (B.C. government)
B.C. returning to ‘stand-alone’ forests, rural development ministry

Horgan says Gordon Campbell’s super-ministry doesn’t work

Peter Wilson, left, and Micah Rankin, right, formed the Special Prosecutor team that was tasked with reviewing and litigating charges stemming from the Bountiful investigation. Trevor Crawley photo.
End of Bountiful prosecution wraps up decades of legal battles

Constitutional questions had to be settled before a polygamy prosecution could move forward

Alexandre Bissonnette, who pleaded guilty to a mass shooting at a Quebec City mosque, arrives at the courthouse in Quebec City on February 21, 2017. THE CANADIAN PRESS/Mathieu Belanger - POOL
Court strikes down consecutive life sentences; mosque shooter has prison term cut

The decision was appealed by both the defence and the Crown

Most Read