Maintaining Asset Allocation

Maintaining asset allocation is one of the most effective ways for your clients to reach their financial goals. Not only does it help keep a portfolio aligned with a client’s investment goals, it also gives them opportunity to buy low and sell high. As advisors, you face the challenge of keeping your clients’ portfolios in balance. This can be a daunting task. However, there are two very easy ways to keep your clients’ portfolios in check. Firstly, use portfolio funds or funds-of-funds. These funds are automatically rebalanced by the fund manager. Secondly, Canada Life will automatically rebalance your clients’ portfolios when you use individual funds. This is a great service and here’s how it works:
Automatically adjusts your asset mix on a quarterly, semi-annual or annual basis
Select the point at which your portfolio is rebalanced anywhere from two to 10 per cent away from your original asset allocation
Available on all segregated funds except Real Estate Fund (GWLRA)
Service is available at no additional cost
This option is available from Canada Life at any account size. Usually, a client needs to be in a high-net-worth product to receive this service. Maintaining asset allocation is, perhaps, the simplest and most effective way to make sure your clients reach their financial goals. As always, I look forward to your comments. And, remember our Fall Classic Contest, the Razor Financial Planning Software promotion from Equitable Life, and the 1% bonus from Empire Life on non-GMWB contracts. Take care, Scott Edgington Director of Wealth Qualified Financial Services