Reach your goals.
Have you wondered if you are getting the best financial advice and service to reach your goals?
How confident are you that all of your advisors understand your goals and plans, and are working in sync with helping you achieve these goals?
It’s time to review your comprehensive financial world.
Navigate the challenges that come with family business, including:
- Asset management
- Tax planning
- Estate planning
- Liability and risk management
- Financial planning
- Family wealth succession and education
- Setting and funding philanthropic goals
- CRA reporting
- Tax filing
- Bookkeeping
- Family enterprise counselling
- Insurance
Integrated, experienced, and with only your family’s interests at a heart, Compass VFO works to build and execute a bespoke and holistic plan to help you achieve your most important dreams.
Our Process
Compass VFO starts with the 2nd Opinion Discovery Service, a comprehensive process to help you determine any gaps in your planning.
- When you start the 2nd Opinion Discovery Service, we take you through our systematic and proven Wealth Management Consulting Process.
- We start with the discovery process to get very clear on where you are now, where you want to go and what the gaps are.
- We will evaluate whether your current financial advisors are taking good care of you. If they are, we’ll recommend that you stay with their current advisors.
- You will receive a Total Client Profile and a personalized analysis of your current situation.
A comprehensive review of your wealth management solutions is imperative to:
- Avoid potentially destructive economic and legal situations
- Ensure you are benefiting from all possible opportunities
What are you missing?
Meeting 1
We will ask a series of questions to really understand what is most important to you and your family, what you would like to accomplish and what keeps you awake at night. We will determine where you are now, where you want to be and any gaps or obstacles that stand in the way. It’s our chance to get a very clear picture of you and your family so that we can guide you in how best to achieve your most important goals.
Meeting 2
Our second meeting will present our recommendations for moving toward reaching your goals, focusing on four key areas of concern:
- Effective wealth management
- Wealth succession
- Wealth protection
- Charitable giving
Consultation
Open dialogue enables us to learn about every client’s values and goals while working with them to tailor a plan to help achieve them.
Engaging Compass Virtual Family Office
Compass VFO serves as your personal chief financial officer and effectively manages all aspects of your financial affairs. Once the 2nd Opinion Discovery Service has been completed, we engage our network of professional advisors. These carefully selected professionals provide us with a high level of knowledge and skill in key aspects of your finances. We work together with these professional advisors to give our clients the peace of mind that comes from knowing their finances are being handled by experienced people they can trust.
Financial Reporting
- Customized financial reports
- Cash flow projections
- Investment performance analysis
Family Enterprise Support
- Pay bills & monitor invoices
- Preparation of payroll fillings
- Indexing of important documents
Tax Savings Specialization
- Tax-saving analysis & options for family enterprise
- Next-generation tax-efficient transfers
Investment Analysis
- Internal rate of return
- Basis tracking
- Target asset allocation
Business Insurance Risk Specialists
- Customized plan to ensure creditor protection
- Creating shareholders agreement
- Selecting beneficiary to avoid taxable shareholder benefits
- Leveraging insurance policy for retirement tax-free income
- Protecting children and business owners from taxes due to unexpected critical illness/death
Reach your goals Live your dreams
“Our family has worked with Mike Dickson for over 30 years. Dickson CPAs have a wealth of expertise in estate and tax planning that is invaluable to our family. We consider them to be a partner in all our financial and estate planning. The advice they provide is always sound, thoughtfully considered and tailored to each unique situation. We trust Mike and the team and highly recommend them to others looking for comprehensive tax advice.”
Alix Cameron and Susie Stewart
Appin Investments and the Stewart Family Trust
“Since 2009, Vern Fischer has been our financial advisor for our business portfolio. He has helped us tremendously with our financial planning and management of our investments. Vern has always been available either by e-mail or phone to answer any questions we may have on any topic related to our business. Through Vern, we have been able to complete our comprehensive estate planning and our corporate pension plan. In 2012, Vern introduced Christie Rose, from Guardian Capital, as our portfolio manager and, as a team, they have managed our investments very successfully, with careful consideration of global market trends. Vern and Christie keep us readily informed of their portfolio strategies in a way that is both logical and advantageous and we have complete trust in their management skills and professionalism.”
Debbie King
K2 Parks
About
Compass Virtual Family Office (VFO) is a flexible family office model that harnesses the experience, dedication, and loyalty of our expert group of independent professional advisors to provide the comprehensive wealth stewardship affluent families require.
Compass VFO is founded by two well-established and experienced organizations:
Dickson Chartered Professional Accountants
Dickson Chartered Professional Accountants is a boutique accounting firm located in Victoria, British Columbia that offers a wide range of services to help you achieve your financial goals. Our team specializes in tax planning, tax compliance, and other strategic business services that provide value.
Fischer Financial Services
Fischer Financial Services delivers highly personalized and effective financial services for wealth management & financial planning, enterprise transition, as well as tax and insurance guidance. We are passionate about building and fostering relationships that positively impact our clients’ lives and help them achieve their most important dreams.