Investment Advisor, iA Private Wealth
Insurance Advisor*, iA Private Wealth Insurance Agency
778-484-8216
Insurance Advisor*, iA Private Wealth Insurance Agency
Welcome to
MacLean Wealth Advisors
The Problem We Help Solve
We help our clients with the essential retirement question of today: Are you going to be OK financially in a potential 20 to 30-year retirement, given that living costs will continue to rise over your lifetime?
Our clients want a sustainable rising retirement income (keeping pace with rising living costs) from their investments and accompanying pensions for the balance of their retirement lives, AND they desire to leave a meaningful legacy to their heirs.
Our Process
Our process is simple. We determine your retirement income goals and legacy goals, then develop a plan to reach those goals. We then match your plan with a low-cost investment portfolio that has historically provided the return needed to achieve your goals. Finally, we provide ongoing investment behaviour coaching to provide you with the patience, discipline, and perspective required to stay the course over time. In a sense, we act as your investing “behavioural counsellors.” So in summary: it’s Goals, Plan, Portfolio, Behaviour.
Our Minimum and Fees
Our clients have a family household portfolio size of $500,000 or more.
Our clients’ total all-in advisor-portfolio management fees range from 1.10% - 1.46%. In comparison, the average all-in Canadian mutual fund management expense ratio (MER) fee is 2.30%. (Source: Morningstar)
Our Investment Philosophy
Our investment philosophy is simple and grounded in academic evidence; which is not the typical Wall Street/Bay Street portfolio model designed to make money more for the investment firm, not you. We utilize low-cost global index-fund portfolios from Dimensional Funds for our clients. We don’t believe in stock picking or trying to outsmart the market, because it can’t be done consistently over time.
Our Fiduciary Responsibility
We act with a strict fiduciary responsibility and obligation, which means we make recommendations based solely on your best interest. Although we’re associated with iA Private Wealth, we operate as an independent, professional, financial advisory practice, which means we only work for you - our clients. We don’t have any sales or commission targets, while bank and broker employees are typically commission and sales target driven. We place high value on long-term relationships built on trust and open communication. We will be there when you need us.
Account Transfer Fees
We cover all transfer fees for our new clients. We want the transfer process to be smooth and cost-free for you.
Ideally, we want “raving lifetime fans” as clients. If, at any time, you are not completely satisfied with our financial guidance and service, we want to make it right with you immediately, or allow you to move to another financial advisor – at no cost to you. We will cover your transfer-out fees to another advisor at any time. That said, we are very confident that over the years working together, our value will be worth multiples of our fee.
