Why Tripemco Financial Services?
Tripemco Financial is a dedicated Employee Benefits and Financial Services consulting firm providing strategic Benefit and Corporate risk solutions for all size businesses. We increase employee benefit efficiency using time-tested techniques. Having years of diverse experience, we are able to create cutting-edge recommendations that will transform your benefit solutions. Analyzing your current employee benefit and Insurance services, Tripemco Financial customizes comprehensive solutions that are designed to fulfill your immediate needs, while considering future requirements.
Since 1983, we have focused on providing advice and creative insurance solutions to our clients. Personalized service paired with understanding the business of our clients allows us to ensure we deliver on this foundation. The needs of our clients drive us to bring forward new products and services as the business world changes.
We see things that others miss, offering you more creative solutions that combine our deep experience, intimate sector knowledge and clear insights into how to create value in your business.
We work collaboratively, build lasting capabilities into your planning and coverage and help your organization mobilize for change.
We define our success by your results. We care deeply for our clients. We enjoy our work and we have fun doing it.
Our consulting expertise includes:
Fundamentals of growth: Only 1 in 9 companies succeeds in achieving sustained growth. We help companies grow by defining and focusing on their core Business Benefit Strategy.
Corporate strategy: Corporate strategy involves a proprietary set of actions that enables a company to be worth more than just the sum of its parts. The most critical role of the center is to help business’s achieve their planning goals.
Tripemco Financial Innovation: Tripemco Financial works with clients to transform innovation for new product introduction and make big ideas actionable by combining creative strategy and analytic approaches.
90% of our clients have expressed the desire for us to maintain the benefits at or close to their current levels while trying to support cost adjustments.
This has become increasingly difficult with the continually changing healthcare field. While the field has been changing our clients needs have not. Plan flexibility, cost controls, claims efficiencies, plan choices and health care maintenance and services are still the top priority. Tripemco Financial constantly seeks the best passage for our clients.
Benefits are one of the most important elements of an employees compensation package. You can therefore set yourself apart by meeting their needs. We can help you achieve this thanks to a customized pension plan that is financially beneficial for you and your employees. A simple way to attract and retain top talent!
You can offer a pension plan to your employees for as little as 1% of your payroll while enabling you to save on all Employment Insurance, Workers’ Compensation and Canada Pension Plan contributions for the contributory amount.
Regardless of your company’s size or the number of employees, we can create a customized plan.
Canadian companies and those with connections to Canada face continued challenges with respect to executive compensation. Public and private companies alike are putting more resources than ever before into developing executive compensation plans that are attractive and tax-efficient while aligning executive and corporate interests and remaining consistent with a focus on shareholder value.
Canadians who engage in financial planning report significantly higher levels of financial and emotional well-being than those who don’t. They say they feel more on track with their financial goals and retirement plans, have improved their ability to save, are more confident that they can deal with life’s challenges, and feel better able to indulge in vacations and other luxuries. Sound’s pretty good, right? Let’s get started!
Most people think about planning for the future in financial terms, for example how much money they should save for retirement and how to invest that money to reach their goals. But there’s another type of planning that’s equally important—health risk management. Knowing what health risks you may face and what you can do to manage those risks and improve your health, wellbeing, and longevity starts with a personalized, proactive plan.
Key person insurance is simply life insurance on the key person in a business. In a small business, this is usually the owner, the founders or perhaps a key employee or two. These are the people who are crucial to a business–the ones whose absence would sink the company.
A buy–sell agreement that is funded by life insurance, the company or the individual co-owners buy life insurance policies on the lives of each co-owner. Thus, if you died, the company or the co-owners would receive the death benefits from the insurance policies on your life. Plus, your family would get a sum of cash as payment for your interest in the business. This provides financial support for them after your death and it also provides stability for the company.
It is crucial to communicate effectively in negotiations to ensure you achieve your goals. Communication is also important within the business. Effective communication can help to foster a good working relationship between you and your staff, which can in turn improve morale and efficiency.