TORONTO, Nov. 27, 2017 /CNW/ - Robo-Advisor Professional, a new investment service created to meet the preferences and financial needs of Millennials, is the latest innovation to be introduced by Certified Financial Planner Ed Rempel.
Ed Rempel, based in Toronto, is a fee-based financial planner, as well as an experienced writer on financial planning and investment issues, and in-demand speaker on related topics.
Rempel's new Robo-Advisor Professional service package serves as a way to introduce young Canadians to the value of financial planning, while providing them with investment tools that will make investing quick and easy even as it helps them accrue and grow their financial assets.
Under the Robo-Advisor Professional service, clients are provided an in-depth financial data collection sheet to complete, which details a clients' current financial situation and future goals. Rempel then provides a plan discussion where he provides guidance to the client based on the data collected. Clients then invest in ETFs through WealthSimple with a superior portfolio manager who has a track record of beating the index since its inception.
ETFs, Rempel says, are an attractive investment option, particularly for Millennials who often have fewer resources to put aside. ETFs are a "wrapper" around a group of securities (stocks or bonds), with a cost advantage over individual stocks and that can be traded commission-free. ETFs are similar in philosophy to mutual funds, but can be bought and sold throughout the day (versus once a day), offering flexibility and greater control over timing and pricing.
During his 25-year financial planning career, Ed Rempel has designed nearly 1,000 comprehensive financial plans. But, less than 1 percent of Canadians have had a professional financial plan created for them, he adds. "What they don't understand is that a financial plan is a GPS for their lives," Rempel says. "People at any age will get value from one, but for Millennials, now is the time to get that GPS pointed in the right direction in order to ensure a comfortable financial future."
Ed Rempel has been a fee-based Certified Financial Planner since 1993, helping Canadians benefit from the kinds of unconventional wisdom he believes they need to follow in order to prosper financially. He is a well-known investment industry expert who regularly speaks and writes on investment trends and strategies.
SOURCE Ed Rempel