Are you truly confident you are on track to achieve your financial goals and live the life you want? Have you thought of everything and created a plan to get from where you are to where you want to be?

Good news! We want to help you make that happen! To do this, we are sharing our seven steps to financial independence and security that we use with our clients. Our wealth management system and process can help you live the life you want.

MRG Wealth’s founder, Ryan Gubic is a Personal CFO and financial advisor in Calgary, Alberta with over 20 years of education focused on improving personal finances. Ryan is not only a Certified Financial Planner, he’s also a Discretionary Portfolio Manager, Chartered Investment Manager, Licensed Insurance Advisor, Chartered Professional Accountant and holds a Masters in Business Administration.

And now, he’s put together this guide to do the same for you!

Below is just one step (step 5) as part of our seven week financial health series. You can download the complete document with all 7 steps on our planning page here

Develop your wealth system 

Remember your puzzle? Now imagine a piece is missing as you just started.

Remember your puzzle? Now imagine a piece is missing as you just started. How long would it take for you to notice on your own? How much quicker would it be to find if you’ve already built this puzzle dozens of times before and counted the pieces before you started? 

If you want to experience consistent results, you need repeatable processes that deliver. It isn’t efficient nor effective to start from scratch every time you need to make a decision or carry out an action related to your finances. To manage the complexity of your finances and your emotions, a wealth system ensures you know what to do — because you decided and tested out ahead of time. 

The emotional rollercoaster of the markets can feel like a punch in the face when they crash. Why do so many investors buy high and sell low resulting in losing wealth when their intentions were to buy low and sell high to grow wealth? Often, they lack a wealth system to help guide their decisions and actions. 

Think about the situations related to your finances that you have uncertainty around within each of the six planning areas. What will you do if something goes wrong? Creating a process and a system before that happens can ensure that you continue to deliver results and you don’t react with emotion instead of logic. 

For example, what is your process for when the stock market drops 30%? Put repeatable processes in place to help ensure your success. 

If this seems like too much for one person to consider, you’re right. It is. To accomplish this system, ultra wealthy Canadians rely on expertise and guidance from a trusted professional like a Personal CFO to give them an edge and access to wealth systems that work. Creating one from scratch yourself and implementing it is a feat. In this step, you can create your wealth system from scratch or work with a Personal CFO who already has a proven wealth system. 

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