Generic financial advice fails most people because individual circumstances vary dramatically. Cookie-cutter portfolios ignore personal risk tolerance shaped by unique life experiences. Standard retirement projections miss family obligations affecting savings capacity and timelines. Personalised attention changes outcomes by tailoring strategies to actual situations instead of demographic averages. Advisors who create plans based on their deep knowledge of their clients create plans that can withstand the rigors of real life. Serge Robichaud believes that every individual has unique financial needs, so he offers personalized services to each of his clients.
Drives customisation
Personalised attention starts with discovery, going far beyond basic financial questionnaires. Surface information about income and assets misses critical context shaping appropriate strategies. Previous financial experiences influence current attitudes toward risk more than age alone. Family background around money creates beliefs affecting spending and saving behaviours today. Career satisfaction determines realistic retirement timelines regardless of accumulated wealth totals already achieved. Advisors gathering this depth ask questions most professionals skip entirely during intake. Childhood money experiences reveal deeply held attitudes about wealth and financial security. Previous advisor relationships explain scepticism or openness toward new recommendations being made. Family health history affects insurance needs and estate planning urgency significantly. Hobbies and interests suggest retirement lifestyle costs beyond the generic spending estimates used.
Strategies reflect values
Values-based planning prevents regret about money choices made during working years. Clients spending on experiences they value never regret those decisions later. People funding causes they believe in feel fulfilled regardless of returns. Personalised approaches identify what matters most and then allocate resources accordingly:
- Charitable giving gets built into plans instead of being treated as an afterthought
- Education funding for children or grandchildren receives priority when the family values education
- Travel budgets get protected for clients prioritising experiences over material accumulation
- Business investment opportunities align with entrepreneurial interests beyond passive portfolio management
- Healthcare spending receives adequate funding for clients with chronic conditions requiring ongoing care
Plans adapt constantly
Life never stops changing, regardless of how carefully initial plans are constructed. Job changes alter income projections and benefits packages substantially over careers. Priorities shift from wealth building to preservation and accessibility due to health issues. Marriage, divorce, births, and deaths require plans to be adjusted. Changes in market conditions require strategy modifications. Personalised service means ongoing plan adjustments matching current reality instead of outdated assumptions. Annual reviews catch major life changes requiring immediate attention and strategy pivots. Mid-year check-ins address smaller shifts before they compound into larger problems. Crisis meetings handle unexpected events demanding rapid response and plan modification under pressure.
Results compound differently
Personalised attention produces better outcomes because strategies actually get followed long-term. Generic plans get abandoned when they conflict with real-life circumstances. Customised approaches survive challenges because they were built accounting for individual situations:
- Risk tolerance matching prevents panic selling during market drops that lock in losses
- Cash flow planning aligned with actual spending patterns avoids unrealistic budget restrictions
- Investment timelines reflecting real goals prevent premature withdrawals, destroying compounding effects
- Tax strategies fitting individual situations maximise after-tax returns over full lifetimes
- Estate plans matching family dynamics reduce conflicts and preserve wealth across generations
Personalised attention shapes financial success by building strategies fitting individual lives. Deep understanding drives customisation, matching values and circumstances. Plans adapt as life changes constantly. Results compound when strategies are followed.
