An in-depth planning process

Wealth management is a disciplined process, not a single transaction. Your vision of the future—what you want your life to be like and what is most important to you—is the cornerstone of this process.

We take you through a careful series of steps to design a financial plan for the life you envision. Once your detailed plan is in place, you'll have a road map to guide all of your financial decisions and simplify choices that are often complex or overwhelming.

Prepare well

• Learn about your family
• Identify your vision, goals and values
• Review your current financial situation
• Assess your liabilities and risks
• Understand your risk tolerance
• Develop a comprehensive, goal-oriented financial plan for growth, preservation and wealth transfer strategies
• Coordinate with your outside tax and legal advisors

Invest well

• Discuss, modify and agree upon your financial plan, and invest assets accordingly
• Provide access to the RBC Wealth Management platform of services and capabilities
• Set up estate, trust and philanthropic components
• Offer access to lending services
• Develop a risk plan that includes appropriate insurance coverage
• Manage costs and tax efficiency
• Perform ongoing asset management

Live well

• Track and evaluate performance
• Adjust portfolio as needed in response to market conditions and life events
• Set and follow guidelines for liquidity and asset allocation
• Provide ongoing oversight and advice