Financial consultants offer guidance and information to individuals and companies on topics such as investments, taxes, insurance and retirement planning to help them meet their financial goals. Also called financial advisors, these professionals work closely with their clients to provide tailored financial advice. Financial consultants may work independently or may be employed by a financial institution or financial consultancy firm.
Financial consultants are experts at giving clients advice about certain money management issues. They evaluate an individual’s financial situation, needs and goals, and then give advice on how to achieve them. They provide guidance on a wide variety of issues, including showing individuals the best places to invest and teaching businesses how to manage their finances.
Both financial advisors and financial consultants help people make wise financial decisions, mostly investment decisions. Most of them are experts at financial planning and analysis.
You should check out financial consultants’ educational qualifications and experience in order to choose the right one for you.
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Frequently Asked Questions
Most traditional financial advisors are not trained in the Infinite Banking Concept™. If your current advisor hasn’t discussed how to recapture the banking function in your life or how to use whole life insurance as a capital management system, a consultation with our team can offer a perspective that most mainstream advisors simply don’t provide.
We offer a complimentary discovery call to assess whether you are a good fit for the IBC process. During this call, we get to know your financial situation and goals, and we determine whether and how we can help. There is no obligation. Book your discovery call here.
It helps to have a general picture of your monthly cash flow (income and major expenses), any existing life insurance policies, investment or savings accounts, current debts, and your medium-to-long-term financial goals. You don’t need to be an expert. Our consultants are skilled at helping you identify the right information during the discovery process. Before your call, watch our free training for a foundational overview of the IBC process.
Yes. We regularly work with clients who started IBC elsewhere and experienced challenges, often because of improper policy design, missing the behavioural components, or not having adequate ongoing coaching. Our consultants can review your existing policy, identify gaps, and help you get back on the right track.
The lines between these terms blur in the financial industry, but at Ascendant Financial we use them deliberately. A consultant focuses on assessing fit, educating you on the IBC process, and helping you decide whether and how to proceed. An advisor designs and places the participating whole life policy that supports your strategy. A planner takes a wider view of how IBC integrates with your overall financial life. In practice, our team functions across all three roles, but the consultation is always the starting point.
Ongoing support is at the core of how we work. The IBC process is not a one-time transaction; it is a system that compounds over decades. Once your policy is in place, your advisor continues to coach you on premium funding, loan structuring, repayment discipline, and how the system fits into the rest of your financial life. We are not interested in selling you a policy and disappearing. We are interested in being your partner for the long term.
Success is measured by how effectively you take control of the banking function in your life. Concrete markers include the growth of your capital base inside your policies, the reduction of financing costs paid to third-party lenders, the consistency of your loan repayment behaviour, and the long-term resilience of your overall financial system. We also measure success qualitatively. Do you feel more in control, less dependent on outside institutions, and more confident about your family’s future?
A consultation is a conversation, not a sales pitch. We start by understanding where you are today: your cash flow, your existing assets and liabilities, your concerns, and your long-term goals. We then walk through how the IBC process might apply to your situation and answer your questions honestly. If we are a good fit for each other, we move forward together. If not, we will tell you, and there is no pressure to continue. Ready to begin? Reach out here.