Let us take the stress out of financial planning in Cranbrook, B.C.

Proudly serving the East and West Kootenay regions, Al Dyck is a certified financial planner in Cranbrook. A.C. Dyck Financial Services can help you build lifetime financial security through life insurance, health insurance or an investment strategy. We also offer benefit packages for individuals and businesses.

“I am very dedicated to providing high-quality information about our financial products and services, and in turn, helping my clients achieve financial success,” said Al Dyck, owner of A.C. Dyck Financial Services. “I am committed to providing you with high-quality advice, superior service and information you will need to make sound financial choices.”

Growing and protecting the income you depend on—today and in the future!

Contact us for financial advice in Cranbrook

Call us at 250-426-4949 or email [email protected] to ask about health benefits, life insurance or other financial planning matters. House calls are still made after hours—call today for an appointment.

What customers are saying about A.C. Dyck Financial Services in Cranbrook:

“Al has been great over the years. He has helped us with business, personal investing and insurance. Very knowledgeable and always available to help us.” ~ Caleb, Google reviewer

What services do you offer clients seeking financial advice in Cranbrook, B.C.

Secure your future today, and protect your family from the unexpected. With A.C. Dyck Financial Services, you build and protect your savings while planning for the future.

Services offered for individuals:

• Financial planning
• Investment advice
• Life insurance
• Health insurance
• Benefit packages
• Assistance in building and and protecting your savings
• Guidance on building your plan for the future
• Protection for your health-care options

Services offered for businesses:

• Business succession planning
• Key person protection
• Benefit packages

We also offer several handy tools and calculators on our website to make planning for your financial future and retirement easier:

• Life insurance calculator: In just a couple minutes, calculate how much life insurance you may need.

• Retirement savings calculator: Find out how much you will need to save for retirement and if you're on track to meet your retirement savings goal.

• Budget calculator: Use this monthly budget calculator to help you manage your spending.

How should I prepare before seeing a financial advisor?

Prior to meeting with a financial planner, it’s smart to be prepared.

Here are a few things to consider before your appointment:

• Your financial goals: Goal-setting can be an empowering tool. If you come to us with a clear wishlist for your financial future, we can help you reach each goal or even exceed your own expectations. If you haven’t narrowed down a set of goals yet, don’t let that stop you from calling us! We can share our knowledge with you and guide you in building a financial plan of action.

• Your current investments: If you have investments or other pertinent financial information, having all the details handy ahead of time can be helpful.

• Insurance policies in place: If you have insurance policies currently in place, you may wish to go over the paperwork prior to our appointment (or bring it with you) to familiarize yourself with the type of coverage you currently have and what you’re paying for it.

During our first meeting, we’ll look carefully at your specific needs and assist you with a personalized approach. We’ll help you prepare for risks along the way and take advantage of new opportunities.

What types of health insurance do you offer at A.C. Dyck Financial Services in Cranbrook?

We handle a few different kinds of health insurance at A.C. Dyck Financial Services:

• Personal health insurance: Personal health insurance provides coverage for health expenses not covered by your provincial plan. You choose the plan with the health benefits that best suit your personal drug, dental and supplementary health and wellness needs.

• Critical illness insurance: Critical illness insurance helps pay the costs associated with surviving a life-altering illness. If you suffer a covered illness, once the waiting period expires, you’ll receive a cash payment that’s yours to spend any way you wish.

• Disability insurance: Disability Insurance helps protect your income if you become disabled and can’t work. A few different types of disability insurance coverage options are available.

• Long-term care insurance: Long-term care insurance helps cover the cost when you require substantial assistance from others due to a medical condition. It can help protect your retirement plans and make it easier to choose the care you want when you need it most.

What do you offer in terms of life insurance in Cranbrook?

Life insurance can protect the financial security of the people you love by giving them a tax-free payment after you die. The amount and type of coverage you choose will depend on your circumstances and needs. The cost of life insurance you buy as an individual depends on your age, gender, health, medical history and lifestyle.

• Term life insurance: Term life insurance is simple and affordable, providing a fixed amount of insurance for a specific period of time. In the event of your death, the policy pays a tax-free benefit to your beneficiaries. Term life provides temporary protection you can customize to meet your changing needs.

• Permanent life insurance: Permanent life insurance is often called whole life insurance because it covers you for your whole life, and some types can build cash value over time. Permanent insurance costs are usually guaranteed not to increase from the time you first buy the policy. Some permanent insurance plans let you pay for a limited time and then you don't have to pay any more.

• Participating life insurance: Participating life insurance is a type of permanent whole life insurance coverage that can be eligible to receive dividends. The amount of coverage you choose and your premiums are guaranteed for life. You can use the dividends to buy more coverage, reduce your annual premium cost or earn interest inside the plan. Or you can take the dividends in cash. Dividends are not guaranteed.

• Universal life insurance: Universal life insurance is a flexible type of permanent life insurance that combines protection and savings. You choose a guaranteed death benefit that your beneficiaries will receive. The payments you make above the cost of insurance earn tax-preferred interest.

Why should I trust A.C. Dyck when it comes to investment services and advice in Cranbrook?

We can offer powerful savings and investment tools to help you reach your short- and long-term goals. We can also teach you how to turn your retirement savings into income that will last as long as you need it. There are several different types of investments you can choose from:

• RRSPs (registered retirement savings plans): Take advantage of tax-deductible contributions to a personal savings account.

• RRIFs (registered retirement income funds): Reinvest your RRSP savings with these great retirement income options.

• TFSAs (tax-free savings accounts): Save money for any purpose, without paying taxes on your investment earnings.

• GICs (guaranteed investment certificates): Protect your principal while earning a guaranteed rate of return on your investment.

• Life annuity products: With this income-generating insurance product, you will never outlive your retirement income.

• Segregated funds: Build toward savings goals and a worry-free retirement with segregated fund contracts offering both growth and security.

• Mutual funds: Invest in a variety of companies and markets globally at a lower cost than trading by yourself.

• Workplace investments: Companies big and small help employees save and benefit from fewer and/or lower fees.