Frequently Asked Questions

Time is a finite valuable resource.  

Risk creates fear that settles into doubt... which is generally inefficient.

Reducing doubt, increases certainty in action and decisions, making the business generally more efficient. 

Every other Advisory firm manages clients Risk, and Money.  About Time R & R biases decisions toward Time efficiency to get goals more effectively... because money is earned and lost but but decades of time are infintately more valuable, and are conserved and enhanced with informed planning.

Everything of value is measured over time.  Why not improve time to enhance the value of everthing valuable.  Basic Right?  

Transparency for Fair Value 

All Fee arrangements are based on covering the cost of billable hours.  Transparent review of revenue and expenses serve to inform clients of the value transaction in clear terms.  Is the value recieved fair for the price paid?  

Fee Only 

Objective and Impartial guidance.  10 hour annual subcriptions are the way to go.  Every client gets way more than 10 hours of research analysis reccomendation and action planning.   Hourly rate is $500/h + GST pre engagement.   $5250 all in.  

Fee for Service

A percentage of Assets Under Management, this method is reserved for asset management clients and is usually arranged at about 1%.  No invoices or out of pocket expenses.  Still very low overall asset management costs, excellent performance and financial planning and strategy paid for too.  

Very popular retirement and Group benefits fee arrangement.  

Commissions

Insurance, Loans and Surety bonds all pay a commission.  Larger policies generate commisssions that may adequately cover the time involved, and may bear a paid up credit on future billable hours.  

Financial planners see the future.  They can accurately forecast earnings, savings, taxes, expenses, risk far into the future.  Accurate forecasts are critical to ensure the resources are available when required for future activities.

Financial planners (CFP’s) are skilled working with individuals, but most often have little to no real skill and experience with corporations, trusts or other entities.  Specialists are well experienced in both.  In most long-term financial planning relationships, either the client outgrows the advisor or vice versa. Maybe you are the 1 in 100 who hasn’t, why?

Financial strategies are actions that specifically to seize short term opportunities in   environment, enhancing the overall progress toward the long-term goal.  Low interest environments, High government spending on capital projects, good weather, bad weather Covid-19 are all local events that have strategic significance.

Planning is the long-term vision and actual processes step by step that drive a business’s activity to meet required objectives. Plans change and effective planning always adapts accordingly to keep the goal insight.  Strategy is a short-term plan to use temporary external factors to create an advantage.  Advice is a knowledgeable opinion and comment on a specific issue brought forward.

Usually there are 3 kinds of clients.  Those seeking services, those compelled to subscribe, and business owners who want to leverage wisdom.  Services are restricted to business types who are best suited by industry, tenure, volume, and structure. 

Businesses often retain services for planning specific times or events like acquisitions, or recoveries.

Conditions in contracts often specify risk mitigation efforts like retaining a planning or risk management consultant or conducting a third-party analysis…

Clients seeking greater efficiency and effectiveness for the purpose of time ideal clients. Typically, experienced business people they have already faced headwinds of adversity and seek a more efficient path.  I spend most of my time with these clients.

There are rarely any “risk free” options.  Everything “costs time”, cheap things only cost money.  The initial consultation limited 90 minutes.  We discuss goals and your situation and seek efficient paths forward.  Every business has weaknesses and threats, some are not worth addressing and some are.   

Most businesses can make minor changes and benefit significantly, justifying any minor associated costs. 

In businesses where changes are of insufficient benefit to justify efforts, no further service offered or recommended in the concluding report.  Support remains available for advice and products as priority and resources permit.

Initial consultation up to 90 mins is provided at no cost.  An accompanying report is issued shortly after and an offer for further relevant services is made.  Often simply a referral will save the business time, money, or risk… and even assist them with greater revenue or net profits.  The idea is to make more money not cost money. 

All fees and expenses are transparently reviewed and discussed until the client is satisfied with the overall value. Minimum planning subscriptions, payment plans, and additional offers are all subject to requirements. 

There is no motivation to compel an illegitimate transaction.  Mutual interest is the only way to proceed.    Time is directed to priority clientele.  Billable hours are finite & capacity is limited by priority.  Overhead is low, and there are no quotas so no “pressure tactics” are required.  Respecting boundaries, honoring relationships, and supporting clients with tangible value is the business.

Confidentiality restricts any disclosure of any kind, with or without express consent.   You were likely introduced and will likely introduce others.    Every business is different so references would likely be insincere, and unspecific.  Those looking for testimonials can find them.  Over 13 years there have been enough success stories to stay in business.   

Introductions are sincerely appreciated as progressive business owners become better by doing better.

Every business must have some coverage, even if it is a CGL policy.  My coverage includes CGL E&O and bonding when necessary.  Should our engagement require surety or additional risk management collateral that can be arranged.