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Employee Spotlight: Colleen Szeifried
Scrivens has a diverse team of professionals: from industry influencers to musicians, from analysts to poets. The Employee Spotlight series aims to highlight the talented individuals who work here. Each month, we’ll be featuring an interview here on the blog and on our social accounts.
Say “Hello” to Colleen Szeifried, Commercial Account Manager
Colleen grew up in the south-east end of Ottawa and loves to spend time with her husband and four children.
Spending time together going on hikes, camping, and just spending time outdoors are some of her favourite activities.
Colleen joined the Scrivens team almost 20 years ago and has been dedicated to advancing her insurance knowledge.
She pushes herself to learn and grow. She quickly obtained her RIBO license, completed her Canadian Accredited Insurance Broker (CAIB) designation in 2007, and last year completed the Certified Risk Management (CRM).
What is your favourite thing about your role?
Building relationships with clients, learning their business; everyday there is something and someone new to learn more about.
What do you like most about working at Scrivens?
The family feel; I always feel supported and encouraged to be the best I can be.
What has been your favourite project at Scrivens?
The Social Committee; I have been a part of it almost every year I have worked at Scrivens and I love being able to provide some fun to everyone in the office.
What is one career lesson you have learned so far?
Never be afraid to ask a question. If you don't know, don't pretend like you do. Asking questions is the best way to learn and grow.
Do you have any nicknames?
So many! Coll, Leen, Leeny, Nene, Colz, Weeny, Weiner (older brothers!), Stinky (my dad).
What is your favourite travel destination?
I have not traveled a lot but I love traveling around Canada. We have a beautiful country.
I have travelled to Cuba and Mexico and they were both amazing as well.
Favourite Quote:
Nobody puts baby in the corner
Do you have any pets?
Yes! I have a dog named Casper.
What is your favourite hobby?
Softball. If I could, I would play every day!
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:
- Conduct a thorough analysis of a client's financial situation, including income, expenses, assets, and liabilities.
- Develop personalized financial plans based on the client's goals, risk tolerance, and time horizon.
- Provide investment advice and portfolio management services.
- Offer guidance on retirement planning, estate planning, tax planning, and insurance.
- Monitor and adjust financial plans as needed based on changes in the client's life or market conditions.
- 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.
It's important to discuss and clarify fee arrangements with a potential financial advisor before engaging in their services.