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Chapter 7: Personal Risk Management Process

In this section

  • Strategic Wealth Preservation in Canada: The Big Picture
    Learn how to protect and grow wealth for the long term using strategies that integrate estate, insurance, tax, and investment planning. Discover best practices, regulations, and real-world Canadian examples.
  • Risk in the Context of Strategic Wealth Management
    Explore key risk considerations in Canadian wealth management: Beyond market volatility, addressing inflation risk, interest rate risk, longevity risk, and more, while preserving capital through strategic diversification.
  • Measuring Risk
    Discover essential risk measurement tools, from standard deviation and beta to Value at Risk and stress testing—all within a Canadian wealth management context.
  • Identifying Risk within a Client’s Net Worth
    Identify potential risks in a client's net worth, highlighting underperforming assets, debt management, insurance coverage, inflation, and estate planning pitfalls in the Canadian wealth management context.
  • The Family Life Cycle
    Explore the distinct personal risk management considerations at each stage of the family life cycle and learn how to adapt wealth management strategies effectively in Canada.
  • The Personal Risk Management Process
    Explore the six key steps to effectively manage personal risks in a holistic wealth management plan. Learn how to balance risk retention with risk transfer, navigate Canadian regulatory requirements, and work with professionals to safeguard financial goals.