Who are financial security advisors?
Financial security advisors with Freedom 55 Financial are trained to help you understand your finances and assist you in creating a financial security plan. This plan can then be used to prepare for major life goals, from going to university to buying a home to retiring comfortably.
That’s why Freedom 55 Financial seeks out advisors who are talented communicators – meaning they know how to explain your financial choices without losing you in a complex array of highly technical terms and ideas. It’s their goal to build a long-term relationship with their clients and they know that won’t be possible if they fail to open a clear line of communication with you.
Of course, financial security advisors also need to know all about the financial services and products that are available to you. Every advisor associated with Freedom 55 Financial undergoes comprehensive training designed to help them understand consumer needs and help their clients plan for the future.
What are the benefits of working with a financial security advisor?
There are many benefits to working with a financial security advisor. For example, on average, households that use an advisor have a higher annual savings rate (8.6%) than non-advised households (4.3%), which means advised households may be more prepared for life’s many financial challenges – from paying for a post-secondary education to buying a home to entering retirement.*
And that’s just one example of how a financial security advisor can help a Canadian household build its savings and investments over time. An advisor can also help you update your financial security plan as your life evolves and help you create savings habits that pay off in the long run. And remember that advisors with Freedom 55 Financial have the backing of London Life, a strong and stable company that’s built on a foundation you can trust.
Exploring the value of advice
Building confidence in the future
Almost three in four advised households said they feel they’ll have enough money to retire comfortably.Footnote 1
Reaching financial objectives
Households that had been with an advisor for 15 years or more on average accumulated 2.73 times the assets of non-advised households.*
Preparing for retirement
Research shows that more than four in five advised households have registered retirement savings plans (RRSPs), compared to just 36% of non-advised households.Footnote 2
Getting on track with a financial plan
More than four in five Canadians with comprehensive financial plans report feeling on track with their financial affairs, compared to only 44 per cent without a plan.*
* New evidence on the value of financial adviceOpens a new website in a new window, The Investment Funds Institute of Canada.
** The value of advice: reportOpens a new website in a new window, The Investment Funds Institute of Canada, November 2011.
*** The value of advice: reportOpens a new website in a new window, The Investment Funds Institute of Canada, July 2010.
Connect with an advisor
Working with a financial security advisor can provide you with the tools and expertise you need to plan for the future.