Business Details
32 Years
experience
Trusted Financial Advisers in Victoria, BC
Lorna Eastman Financial has been providing independent financial planning services for over 30 years, specializing in personalized strategies for individuals and corporations. Our fee-only model ensures unbiased advice, with no commissions or product sales, allowing us to focus solely on client needs. We offer comprehensive expertise in retirement planning, tax optimization, pension analysis, and estate strategies, tailored to each client's unique circumstances. Our founder, Lorna Eastman, CFP, brings decades of experience from both private practice and senior roles in national accounting firms, including specialized work with provincial pension legislation. We prioritize client education through clear communication, avoiding industry jargon to ensure full understanding of financial decisions.Our process begins with detailed preparation to maximize efficiency during consultations, resulting in actionable plans that clients find both clarifying and empowering. Testimonials consistently highlight our ability to simplify complex financial concepts while maintaining a warm, approachable demeanor. We serve clients across British Columbia, maintaining strict independence to deliver objective guidance aligned with long-term financial goals. Our hourly or fixed-fee structure provides transparency, ensuring clients receive value-driven advice without hidden incentives. This commitment to integrity has established us as a trusted partner for individuals and organizations seeking expert financial counsel.
Services
Personal Financial Counselling
Retirement Planning
Tax Planning
Pension Analysis
Estate Planning
Details
- Year established: 1994
Highlights and features
- We have over 30 years of experience in personalized financial planning.
- Our fee-only model ensures completely impartial advice with no commissions.
- We specialize in simplifying complex pension and retirement income strategies.
- Our process focuses on client education with clear, jargon-free communication.
- We maintain strict independence to prioritize client needs over product sales.
Associations and certifications
- Certified Financial Planner
What people say
Impressed with her knowledge
Smooth and easy process
Client-centered approach
Demystifies financial concepts
Confidence in retirement choices
Services
Personal Financial Counselling
Our personal financial counselling helps clients clarify financial goals through comprehensive analysis of current status. We identify key considerations, discuss planning strategies, and address specific questions to create actionable roadmaps. Clients receive tailored guidance that simplifies decision-making while maintaining full control over their financial future.
Retirement Planning
We develop customized retirement plans that integrate pensions, RRSPs, TFSAs, and other income sources. Our tax-efficient strategies optimize Canada Pension and OAS benefits while minimizing clawbacks. Clients gain clear understanding of retirement income options through straightforward explanations of complex financial instruments.
Tax Planning
Our tax planning services focus on minimizing liabilities through strategic use of registered accounts and income-splitting techniques. We analyze salary-dividend balances for self-employed clients and optimize retirement allowance treatments. Each plan considers risk tolerance and liquidity needs while maximizing after-tax returns.
Estate Planning
We help clients structure estates to meet bequest goals while minimizing tax implications. Our process clarifies current assets, develops transfer strategies, and coordinates with legal professionals to ensure wills align with financial objectives. We also guide inheritance management for optimal asset allocation.
Pension Analysis
We translate complex pension terminology into clear decision frameworks. Our analysis covers pension commencement timing, option selection, and after-tax income projections. Self-employed clients receive customized retirement models incorporating multiple income streams and tax considerations.
People
Lorna Eastman
President
Certified Financial Planner with over 30 years of experience advising individuals and corporations. Former Senior Manager at national accounting firm, specializing in pension and tax planning. Developed expertise in pension legislation during provincial government secondment. Focuses on simplifying complex financial concepts for clients.
Questions
What specific financial planning services do you offer?
We specialize in retirement planning, tax optimization, pension analysis, estate strategies, and personal financial counselling for both individuals and corporations.
How does your fee-only model benefit clients?
Our fee-only structure eliminates conflicts of interest by removing product commissions, ensuring completely impartial advice focused solely on your financial objectives.
Can you help with complex pension decisions?
Yes, we specialize in translating complex pension options into clear choices, including commencement timing, tax implications, and survivor benefit considerations.
What makes your retirement planning approach unique?
We integrate all income sources into tax-efficient strategies while explaining complex concepts in plain language, helping clients feel confident about their retirement decisions.
How do you handle estate planning coordination?
We develop comprehensive estate strategies and coordinate with legal professionals to ensure your will and financial plans align with your wealth transfer goals.
What experience do you have with tax optimization?
With over 30 years of experience, we create personalized tax strategies that minimize liabilities through registered accounts, income-splitting, and strategic retirement allowance treatments.
