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Beacon Wealth Management

SETTING NEW STANDARDS

Guidance - Commitment - Results

“I believe a properly constructed financial plan integrates Tax, Investment, Insurance and Estate planning (what I call the TIE approach) to maximize wealth and security.” 

Wayne Lang
Principal, Sr. Financial Advisor
Beacon Wealth Management

 

 

 

 
Financial Philosophy

This page outlines Wayne Lang's Financial Planning Philosophy and his Investment Philosophy. Together they make for a personally designed, long term strategy with your unique needs and goals in mind.

Financial Planning Philosophy

As illustrated in the following chart, my financial philosophy is to have a customized and comprehensive overview for each individual/family. In a comprehensive review I like to discover the priorities and needs for Risk Management (protection of family income, assets and health insurance), Retirement Planning (pre and post-retirement), Estate Planning, Family Assistance and Tax Planning. In essence, Wayne is the "orchestra leader", ensuring that the key areas of Investment and Retirement Planning, Tax and Estate Preservation are working in harmony.

Peace of mind is the byproduct once a family's overall considerations have been reviewed and the missing links dealt with.

Financial Planning Philosophy

What's Important to You and Your Family
A comprehensive multi-generation overview

Investment

Estate
Planning

Risk Management
Protection

Tax
Minimization

Family
Assistance

Wealth Accumulation
  -Investments
  -Pensions
  -RRSPs
Wealth
Preservation
  -RRIF/SWP
    Income
  -Capital
    Longevity
  -Cash Flow
  -Investments
  -Annuities

Legal
  -Wills (special provisions)
  -Powers of
    Attorney
Cost/Tax
Reduction
  -Probate
  -Estate Bond
  -Estate Freeze
Legacy
  -Heirs
  -Trusts
  -Charitable
    Gifting

Income Protection
  -Disability
    Insurance
  -Life Insurance
Asset Protection
  -Property &
    Casualty
    Insurance
Health Protection
  -Medical Plan
  -Critical Illness Insurance

Tax Reduction
  -Deductions
  -Incorporation
  -Income
    Splitting
Tax Deferral
  -Tax Shelter
  -Leveraged
    Investments
  -Registered    Investments
  -Corporate
    Class
    Structure

Children
  -College/    University
  -Living
    Expenses
  -Disabled
    Children
Parents
  -Retirement
    Income
  -Long Term
    Care

Investment Philosophy

I strive to provide the best possible rate of return based on your personal circumstances and objectives. To accomplish this I integrate the following essential items:

  • Articulate the comfort level for volatility
  • Blend the lowest risk of Global and Canadian markets
  • Include the correct Asset Allocation of stocks, bonds and cash
  • Overweight the "Value" style
  • Recommend funds from the the top quartile i.e. those with the best "lower volatility / higher returns" ranking