We are personally committed to an objective, exacting and intense focus on your goals. You have worked hard to achieve what you have in life and deserve nothing less in an advisor, and that’s what Thompson Creek delivers — a sound understanding of the financial intricacies that you require. What is the point of doing well in life if you have to worry about managing the finances that make it possible? At Thompson Creek we bring a team of professionals together who understand the intricacies of Wealth Management and combine it with a coordinated process to help you and your family attain a life lived well.
The core service of any True Wealth Management firm is a well thought out, consistently monitored and updated Financial Plan. Investments are but a tool to accomplish your goals.
However, just planning isn’t enough, a plan must be implemented. It must be updated and monitored on a consistent ongoing basis. It has to be a focus, not a means to justify fees for asset management. To truly understand our approach to Financial Planning and how we ensure implementation please visit our process page. For a discussion of key components of our planning process please visit these pages:
What Makes Our Planning Different?
Getting to Know You
The beginning is not about telling you what we think you should do. We want you to discuss your needs, wishes and plans, both for your money and for your life.
Gathering Your Information
Goals-based planning goes beyond simulations, spreadsheets and graphs. Each decision, every recommendation needs to consider the broader canvas of your life. What are your charitable ambitions? Is it a goal to leave an inheritance for your children and grandchildren? How do you want the rewards of your life to augment your current life and happiness?
Our client relationships begin with information collection, but the information gathering doesn't stop there. We track changes in the tax, regulatory, and investment environment to make proactive decisions. We can include and educate your family members about the process according to your wishes. We will track, update and modify your planning as your goals change over time.
You used information wisely to build your wealth. Now let Thompson Creek do the same to manage it.
Customizing a Plan For You
Thompson Creek tailors our services to your goals and needs. For most clients, we advise on their entire pool of wealth...in a few cases, if appropriate, just selected assets.
Our process covers ten major services we deliver to you driven by over 140 checkpoints we monitor and act upon on an annual basis. We don’t stop there however; as unique needs come up, we add them to areas we should address.
It is time for you to reach for the life you want to live and live it well. Our process and consistent approach to keeping your financial house in order can give you the gift of time to focus on your dreams, your goals. Call us continually, we are here to serve you, or sail off on your personal dream trip. We'll always be working for you.
We Manage Risk to Your Goals
Many financial advisors view risk as the necessary corollary to return, or in terms of non-market risks (such as the hurricanes, floods and legal liability) it is beyond what they have the willingness or knowledge to address.
At Thompson Creek, we take a more strategic view. We know our clients regard risk in relation to their ability to achieve goals: Maintaining a lifestyle, providing for their children and grandchildren, gifting a piece of art to a museum or funding medical research, leaving a legacy that transcends liquid wealth.
Our planning considers all the risks to these goals - right along with cash flow, inflation, and tax concerns.
Non Market Risk
Our risk management team is populated with advisors with experience in asset management in difficult markets, practical and legal experience in business, insurance, estate and tax risks to give a holistic view of the various risks you may face.
While many advisors look for ways to add a half percentage point or more to returns, they ignore the fact that a gap in liability coverage exposing you to a large legal settlement or uninsured loss can have an even larger impact on your financial future.
Risk is Not a Knob
Of course planning does mean the risk in the market needs to be addressed as well. There is an old trader’s saw, “Take care of the risks and the returns take care of themselves.” That is wise counsel. We believe avoiding large losses not only reduces risk, but can lead to higher returns. Many advisors approach the markets as if risk is a knob. Increase the risk and higher returns inevitably follow. Experience and theory however show that this is not necessarily true as far too many have found out over the past ten years.
Through our teams successful experience working in challenging markets, we've developed approaches to enhance your wealth position while attempting to protect your irreplaceable capital, including concentrated wealth positions. We'll project potential scenarios and thoroughly discuss the associated risks and returns before moving forward.
We engage in extensive due diligence on investments and fund managers to further reduce risk on those fronts. And we'll never invest your money in a vehicle that makes you nervous; creating an understanding of strategies you employ is essential. We believe the ability to sleep well is an undervalued commodity.
By maximizing your comfort with your plan, we also enhance its chances for success. That's because confidence in your decisions allows you to stay on course during inevitable market cycles, exercising the long-term discipline essential to financial success.
If you’d like to talk further with us about your unique situation, please contact us today. There is no charge for any initial discussions.