Investment Services
We work with a wide range of clients, from those who have never invested before, to seasoned investors, and everyone in between. We specialize in the following accounts:
Our investment services are holistic: we work with our clients to find the most suitable investment product, account (listed above), and provide ongoing support, administration and review.
Life & Health Insurance
Life insurance was designed to offset the economic loss resulting from someone’s death. This could mean guaranteeing lifestyle, offsetting lost income, covering final expenses and debts, or leaving a legacy. When working with our insurance clients, we conduct a thorough analysis to ensure the right amount of coverage is applied for, and explain the differences between term and permanent insurance.
View our Risk Management page for more information on life & health insurance.
Budgeting & Cash Flow Management
We help with Financial Management, which includes the following areas:
Having a clear grasp of your monthly spending is one of the first steps to establishing a strong financial foundation.
Investments
Our investment recommendations are holistic and designed to align with the other aspects of our client’s financial situation. This is accomplished through a comprehensive Investor Profile Questionnaire and other pertinent fact-finding documents.
We provide our clients with access to a variety of investment options and outline the pros and cons of each.
Life & Health Insurance
We are fully licensed life & health insurance brokers with access to over 20 different insurers. We are able to find a product that fits the needs of the client in almost every scenario, regardless of financial situation or medical history.
All of our insurance recommendations are based on a thorough Needs Analysis. We clearly explain the various available options, pros & cons, and why we feel the specific recommendation is best for our client.
Investments
We are compensated for our investment services in one of two ways:
Life & Health Insurance
We are compensated in the form of a sales commission directly from the insurance company for which we place our client’s business with. There is no exchange of funds between the client and First Oak Financial as it pertains to the sale of a life or health insurance policy. The commission we receive does not impact our insurance recommendations whatsoever – we have a fiduciary duty to act in the client’s best interest and we strictly adhere to that.
Financial Planning
Our financial planning services include financial management, retirement planning and legacy planning. Fees for this work will be based on how much complexity is involved. This will be discussed with full transparency prior to any work commencing.