A time-tested process

Our most successful client relationships are built on personal connection and a true understanding of one’s financial needs and objectives. Our planning process begins with a thorough analysis of your current financial picture including assets, liabilities, goals, and concerns. With this understanding, we will present you with a clear, cohesive investment proposal that is thoughtfully designed to address all applicable areas of your financial life.

As a prospective client, here’s what to expect

• Introductory meeting to connect personally and determine the right fit
• Analysis of existing financial assets, liabilities, and investment strategy
• Comprehensive and personalized financial plan through RBC WealthPlan
• Clear and cohesive investment proposal
  • Considerate of personal risk tolerance and financial / lifestyle goals
  • Tax-aware strategies
  • Asset allocation optimization

Making change easy

We recognize that change is not always easy, and we are here to ensure that the process of becoming a Big Water Private Wealth client is as smooth and seamless as possible. Our team members will gently guide you through the account transfer process and provide regular updates along the way, so you always know where your assets are at, from start to finish.

As a new client, here’s what to expect

• Knowledgeable and efficient coordination of new accounts
• Timely processing of account transfer requests
• Access to RBC accounts & paperless statements via the RBC Wealth Management Online portal
• External account aggregation through Total Wealth
• Continued status updates and timely resolution of unforeseen roadblocks
• Follow-up conversation following the completion of the transfer process

An ongoing relationship

While the advice we provide our clients is ongoing, we recognize that each client has their own cadence when it comes to planning and strategy meetings. Whether you prefer to meet once a month or once a year, we will create and implement an ongoing schedule that works for you. You will receive proactive and consistent correspondence from us regarding your portfolio and other relevant financial topics. Perhaps most importantly, however, as a Big Water Private Wealth client you will join community of successful families and individuals dedicated to securing their financial futures.

As an existing client, here’s what to expect

• Regular investment strategy meetings
  • Continued evaluation of existing investment strategies utilizing a goals-based approach
  • Access to private markets and alternative investment strategies, as appropriate
  • Liquidity management and cash planning strategies

• Review and update of WealthPlan
  • Social Security analysis & guidance
  • Retirement income planning & withdrawal strategies
  • Distribution planning for employer stock options, restricted stock units, and profit interest units
  • Analysis of realized capital gains & losses

• Coordination with outside tax & legal advisors at your request
• Periodic review of existing insurance coverage (every 3 years recommended)
  • Term life insurance
  • Whole life insurance
  • Long term care strategies
• Periodic review of estate strategy (every 5 years recommended)
  • Coordination with your estate planning attorney to review existing plan
  • Asset titling and account beneficiary designations
  • Legacy planning & estate optimization analysis
    • Irrevocable Life Insurance Trusts
    • Premium Finance insurance
    • Family gifting strategies
    • Spousal Lifetime Access Trusts
    • Grantor-Retained Annuity Trusts
    • Charitable giving
      • Qualified Charitable Distributions
      • Donor Advised Funds
      • Charitable Remainder Unitrusts