Stop Managing Your Finances Like an Amateur. Plan like the Ultra-Wealthy do and create your own Family Office with Novel Wealth.
You’re a high-income earner on a path to future wealth, but you’re not there yet. We've got a name for you: HENRY (High Earner, Not Rich Yet).
Let's talk about the gap between how you manage your financial plan and how the rich do it. Chances are, you're wrangling a team of unvetted professionals, each doing their own thing without coordinating between each other (i.e. that heavy lifting is left to you) and without being truly accountable to you.
Enter the rich - they've got a secret weapon: The Family Office.
What’s a family office? Imagine all your financial needs taken care of by one team; seamless collaboration between your financial planner, investment manager, account manager, accountant, lending partner, life, health, and property insurance brokers. All working in harmony to build and safeguard your wealth.
Advantages of the Family Office:
1. Accountability: Most people don’t know how to vet experts. When you work with a family office, all experts within the firm are accountable to each other, vetted and aligned around your goals.
2. Expertise: At Novel, you will gain access to a powerhouse team – a Certified Financial Planner, Chartered Life Underwriter, Chartered Professional Accountant, and through our partnership with Q Wealth, a Chartered Investment Manager, and Portfolio Manager, all under one roof, dedicated to taking care of you.
3. Collaboration: No more you doing the heavy lifting in coordinating information between your various experts. Our team coordinates around your objectives, ensuring your investment manager and accountant are on the same page, discussing how to optimize your financial plan.
4. Efficiency: When your experts work together, information flows seamlessly. RRSP slips go from Investment Manager to accountant, your financial planner communicates life insurance needs to the advisor, etc. We remove all avenues of procrastination, ensuring things get done when they’re supposed to.
5. Convenience: With all your experts under one roof, you get streamlined access to your expert team, saving you time and effort. No more playing phone tag or managing a slew of appointments. Your financial goals are just a call away.
At Novel, we provide a white-glove Family Office experience without the premium price tag, specifically crafted for HENRYs in Toronto.
At Novel, we break the mold.
Learn more about what it would mean to begin your own Novel Family Office
