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Initial consultation and thorough evaluation of every aspect of a client’s financial picture, goals, and risk tolerance prior to any recommendations being made. Will look at investments held at RBC and outside RBC.
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A diversified investment and asset allocation plan based upon client’s risk tolerance, goals and current portfolio.
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A comprehensive plan based not on products, but long-term goals.
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In-person meetings to review client’s financial position in relation to goals — topics covered may include account updates, asset allocation review, portfolio status, retirement sensitivity analysis, capital gains review and changes in client’s life that could affect the wealth management plan.
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Management of client’s investments in a tax efficient manner, including any IRA distributions and required mandatory distributions.
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Regular communication from one of our team members to update financial and personal situation and to ensure all needs are being met.
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Periodic and proactive contact from our team when applicable to discuss repositioning portfolio, asset transfers, and other needs as they occur.
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Periodic invitations to exclusive client events.
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Annual beneficiary review and update.
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Meeting with extended family to provide education on investment and wealth preservation topics.
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Upon approval from client, ongoing consultation with client’s tax advisor and attorney to ensure the proper tax-reduction, trust/estate planning and foundation strategies are being utilized.
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A thorough evaluation of existing estate documents, such as wills and trusts, along with a summary and discussion of what they accomplish within client’s wealth plan.
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Referrals to other trusted professionals within our network, as requested or required.
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Offer delivery of tax documents directly to client’s tax advisor.
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Annual preparation of a detailed net worth statement, including investments, real estate, business interests, and any other important assets.
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Creation and execution of a written cash flow and budgeting plan to support income needs both before and during retirement.
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Access to RBC Wealth Management specialists for complex estate planning, wealth management, insurance, and trust services.
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Ongoing review of insurance coverage, to include life, long-term care, survivor protection and estate preservation.
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Life insurance and annuity review for each client as life changes occur, and/or, upon request.
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Occasional communications on specific interests (i.e. mutual funds, separately managed accounts, regulatory environment, Social Security reform, etc.).
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Access to research and market reports.
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Access to articles of interest on our customized website, and secure access to personal financial data.
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Access to online account information through Online Access along with a tutorial for enrollment.
