Many of the families we work with have undergone a major financial & lifestyle change:
If one of these significant life events applies to you, reach out to Jeff Graham, Certified Financial Planner, to see how he can help:
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 for Canadians in their working (accumulation) years:
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 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 the different types of insurance. Simply put, we are experts in this field and take care of everything from the application to ongoing policy servicing.
Income Replacement Insurance
Officially known as disability insurance, this replaces your income in the event you are unable to work due to injury or illness. A 35-year-old earning $100k/year has an earning potential of well over $2 million in their working years – shouldn’t that be insured, much like your car or home? An ability to earn an income is your greatest asset and should be protected accordingly.
Critical Illness Insurance
Critical Illness Insurance is a form of health insurance that pays a lump-sum benefit if you are diagnosed with one of the 26+ covered conditions, such as heart attack, cancer, or stroke, and survive for a period of 30 days. Getting sick is expensive; Critical Illness Insurance allows you to focus on your recovery, not your finances. The benefit is received tax-free and can be used however you see fit.
Health & Dental Insurance
We offer competitive extended health & dental plans for clients of all ages. Typically, these plans will cover prescription drugs, vision, dental, travel insurance, plus coverage for physiotherapy, massage, and other professional services. These are highly customizable plans and we work with many different insurers to find our clients the best plans.
Financial Management
We help young families with financial management & literacy, which includes the following areas:
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 fees for retirement, legacy or financial planning start at $1,000 (tax inclusive) and will ultimately be based on the complexity of the client’s situation. We provide a fully transparent quote prior to commencing any billable work.