Letter of Engagement
Understanding the Financial Planning Process and Our Roles
These statements are designed to help you understand what to expect from the financial planning process and clarify our respective responsibilities. The process generally includes six steps:
1. Define the terms of our relationship
2. Discuss your financial goals and gather essential data
3. Evaluate your situation based on the information provided
4. Develop and present a written financial plan for your review
5. Implement some or all of the recommended strategies
6. Monitor and adjust the plan as needed
When considering investments or insurance, it’s important to understand the product, how it meets your needs, the company providing it, and the advisor recommending it. The following information will help you make informed decisions and explain Tyler Hoffman’s relationships with referred companies and how he is compensated.
About OnPoint Private Wealth Coaching
OnPoint Private Wealth Coaching, owned by Tyler Hoffman, publishes educational content on personal finance. Tyler receives referrals from professionals, clients, and this website. You may engage him to review your investments and retirement or lifestyle plans. His services are limited to these areas and do not include tax planning or advice on investments beyond segregated funds.
Compensation
Tyler Hoffman may receive compensation from lifestyle strategy plans, educational courses, and materials. If you purchase a financial product or are referred to another company, he may earn a commission or referral fee upon settlement, and possibly renewal commissions if policies remain in force. Additional compensation—such as bonuses, non-monetary benefits, or travel incentives—may apply based on business volume or persistency.
Compensation does not influence product recommendations.
Conflicts of Interest
Tyler takes potential conflicts of interest seriously. If any arise, he will inform you verbally and in writing. Recommendations are unbiased and, where possible, based on an independent review of providers offering the products you need.
Please contact Tyler for clarification on recommended products, his qualifications, business relationships, or compensation.
No Guarantees or Forward-Looking Statements
Please note that no guarantees are made regarding future performance or outcomes. Financial planning involves assumptions based on current information, which may change over time. Results will vary depending on individual circumstances, market conditions, and other factors beyond our control. Any projections or examples provided are for illustrative purposes only and should not be interpreted as promises or assurances of specific results. No guarantees are being made, results vary.
Digital Publications
All sales are final and no expressed consent is given to resell or redistribute without the expressed authorisation of OnPoint Private Wealth Coaching.
