An empowered approach

Our goals-based wealth planning approach is designed to ultimately help you achieve your vision and live empowered. Working together, we identify strategies to help grow your wealth, fund your lifestyle today and tomorrow, protect what's important to you and create your legacy.

Our approach features four financial pillars to help guide you through your life stages:

Accumulate and grow your wealth

Working toward tomorrow, define your goals, plan, save and invest. Review your finances regularly. Build and maintain an emergency fund of at least six months of expenses. As you approach retirement, take advantage of catch-up contributions and align investments to offset inflation. In your encore years, review and understand the probable outcome of your wealth plan and consider consolidating accounts to simplify your financial life.

Fund your lifestyle

In the early stages, avoid or eliminate unproductive debt. Fund but defer health savings account spending until retirement. Approaching retirement, create a retirement plan for your paycheck as well as a budget for your expenses. In your later years, plan for your distributions and manage your spending to cover your needs.

Protect what's important to you

At first, evaluate and consider your options for various types of insurance, ranging from health, disability, life and long-term care insurance. Closer to retirement, re-evaluate your insurance needs and use credit strategically. Enroll in Medicare at 65 and claim Social Security at 70. Avoid selling assets in down markets. Discuss your care wishes with your loved ones.

Create your legacy

Establish a will, power of attorney, health care directive and revocable trust. Check your beneficiary designations. Consider a charitable giving plan that aligns with your values. Near retirement, revisit your estate planning documents and beneficiary designations. Have plans for housing and care needs. After retiring, check that your estate plan aligns with your wishes. Understand your estate and gift tax thresholds.

The Keith, Carr Wealth Management Group 3-step process

Understanding why you are here

At Keith, Carr Wealth Management Group, every relationship begins with understanding why you are here; not just what you have. This meeting is an opportunity for you to share the most important part of our relationship: your story. We take the time to listen before we ever recommend anything. Recognizing meaningful advice starts with knowing what truly matters to you, your family and your future. 

Additionally at the discovery meeting we can discuss:

1. Things that will help shape your plan: business, accounts, real property, collectibles, cars, jewelry, art, boats etc.
2. People that impact your life: family, friends, clients, colleagues, advisors, mentors, clergy etc.
3. Ideas that inspire or concern you: opportunities, risks, fears, challenges, legacy, goals, values etc.
4. Activities that you enjoy: professional, community, charity, hobbies, leisure, travel, political, spiritual etc.

What happens next

After the discovery meeting, we'll reflect on your story and draft a customized WealthPlan and summary.

Your vision taking form

Our strategy meeting is where you vision begins to take form. This stage is collaborative and can take one or more meetings depending on the complexity. During this process we will work proactively with your external advisors, CPAs, Estate Attorneys or other professionals as needed to help ensure we are drafting solutions that fully capture your best interests.

Offering thousands of investment products, including many local, regional and international investment opportunities that may not be available from other firms. Here, you gain access to an organization with a variety of global solutions, including investments, insurance, and cash management services designed to help provide specific benefits to meet your family’s goals.

Things to expect from us:

1. Present a tailored strategy: we will translate your objectives into an actionable solution built into the framework of your RBC Wealth Plan.
2. Collaborate with RBC specialists: when needed, we engage RBC's in-house specialists and strategic partners in trust, lending, business owner planning and estate planning services.
3. Stress-test scenarios: we evaluate the plan against risks, volatility and tax considerations, refining it until you feel comfortable with the results.
4. Prioritize implementation: once the plan earns your approval, we move methodically into execution. Account openings, asset transfers, insurance coordination and all other requirements are put to work.

Commitment to results

Every plan must be tested, reviewed and refined. The results meeting is where we evaluate progress, assess outcomes and help ensure your RBC WealthPlan remains aligned with your evolving goals and objectives. Life changes, markets shift and priorities move. Our structured review process helps your strategy adapt with precision. Collaborating with you on the strategy through disciplined oversight.

What to expect

During your results meeting, we will:

1. Review portfolio performance and progress toward stated objectives.
2. Reassess life and business changes that may impact your plan.
3. Evaluate risk exposure and tax considerations across your holdings.
4. Discuss opportunities for changes to the portfolio.

Between reviews, we remain in communication to address opportunities, market shifts or evolving needs as needed by our clients on a case-by-case basis.