Employee Spotlight: Denis Jacob

Updated:
December 1, 2022

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  1. Describe your education and/or designations?

I have a bachelor’s degree in Electrical Engineering from l’Universite de Moncton.

  1. When did you join Scrivens full-time?

My first day was on October 6th, 2020.

  1. What is your favourite thing about your role?

My current role as a technical assistant is a really good match for my skills and personality, which allows me to perform at my best.

  1. What do you like most about working at Scrivens?

I love working with a great group of people. It’s a smaller brokerage and really feels like a family.

  1. What has been your favourite project at Scrivens?

A recent portfolio transfer. It wasn’t easy, but we all worked hard on it for a full year and it was a very satisfying project. It also helped to keep me busy and focused during the pandemic, which was very important.

  1. What is one career lesson you have learned so far?

Trying to be something you’re not is not a feasible long term plan.

  1. Any other comments about your time at Scrivens?

Can’t think of anything.

  1. Do you have any nicknames?

Not really.

  1. What is your favourite travel destination?

Japan. I recently went for the second time in October 2022 and already made plans to return in March of 2023. I love visiting that country.

  1. Would you like to share a photo of this place?

Of course!!!

  1. Favourite Quote?

“Every trip is lived three times: when you dream of it, when you go, and when you remember it.”

  1. What is your hidden talent?

I once fit five gummy bears in my nostril. I don’t remember it, though.

  1. Do you have any pets? Yes/ no

No. Unless the pigeons on my balcony count.

  1. If so, would you mind sharing a photo?

N/A

  1. Where did you grow up?

I grew up in Cap-Pele, which is a small fishing village in southeastern New Brunswick.

  1. What is your favourite hobby?

I love to travel, and honestly, doing the research for a trip is almost just as fun as the trip itself.

  1. Do you have anything else you'd like to share? Any other favourites?

N/A

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FAQs

What is financial advising?

Financial advising involves providing guidance and advice to individuals, families, or businesses to help them make informed decisions about their financial matters. This can include various aspects such as investment planning, retirement planning, tax planning, estate planning, and more. Financial advisors analyze their clients' financial situations, goals, and risk tolerance to create customized strategies that align with their objectives.

Why is financial planning important?

Financial planning is crucial for several reasons:

Goal Achievement: It helps individuals set and achieve financial goals, whether they are short-term, such as buying a home, or long-term, like funding a comfortable retirement.

Risk Management: Financial planning addresses risks by considering insurance, emergency funds, and other protective measures.

Budgeting and Saving: It promotes responsible money management through budgeting and saving, fostering financial stability.

Wealth Building: Effective financial planning can lead to wealth accumulation and the creation of a secure financial future.

Can financial advisors help with debt?

Yes, financial advisors can help with debt management. They can assess your overall financial situation, create a budget, and develop strategies to pay down debt efficiently. They may also negotiate with creditors on your behalf, provide debt consolidation recommendations, and offer guidance on prioritizing and managing debt repayment.

What exactly does a financial advisor do?

The specific responsibilities of a financial advisor can vary, but generally, they:

  1. Conduct a thorough analysis of a client's financial situation, including income, expenses, assets, and liabilities.
  2. Develop personalized financial plans based on the client's goals, risk tolerance, and time horizon.
  3. Provide investment advice and portfolio management services.
  4. Offer guidance on retirement planning, estate planning, tax planning, and insurance.
  5. Monitor and adjust financial plans as needed based on changes in the client's life or market conditions.
  6. Educate clients on financial matters and empower them to make informed decisions.
What is the average fee for a financial advisor?

The fees charged by financial advisors can vary widely based on factors such as the advisor's experience, the services provided, and the region.

Common fee structures include:

Hourly Fees: Advisors charge an hourly rate for their services.
Flat or Fixed Fees: A set fee is charged for specific services or a comprehensive financial plan.
Asset-based Fees: Fees are a percentage of the assets under management (AUM).
Commission-based Fees: Advisors earn commissions on financial products they sell.
Combination of Fees: Advisors may use a combination of the above fee structures.
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It's important to discuss and clarify fee arrangements with a potential financial advisor before engaging in their services.