Asset management

  • Discretionary Investment Management (Portfolio Focus)
  • Asset allocation
  • Time horizon
  • Withdrawal strategies
  • Stock concentration
  • Review investments held outside RBC
  • 10b5-1 stock plans

Estate planning and charitable giving

  • Wills
  • Power of attorney
  • Living will
  • Health-care proxy
  • Trusts
  • Irrevocable life insurance trusts
  • Estate taxes
  • Guardians for minor children
  • Charitable giving and trusts

Retirement planning

  • Retirement goal setting
  • Social Security and Medicare
  • Business planning
  • IRA contributions and conversions
  • Employer-sponsored plans and 401(k)s
  • Annuities and pensions
  • RMDs and withdrawal strategies
  • Self-employed retirement plans

Risk management and insurance

  • Review of existing policies
  • Life insurance needs
  • Long-term care insurance
  • Disability insurance
  • Liability coverage

Cash flow and budget

  • Income sources
  • Expenses and budgeting
  • Debt management
  • One-time expenses
  • Planned large expenses
  • Emergency funding
  • Dollar cost averaging
  • Mortgage review
  • Lines of credit

Assistance to loved ones

  • Gifting
  • Education planning
  • 529 College savings plans
  • Roth IRAs for children
  • UGMA/UTMA

Tax planning*

  • Review of cost basis
  • Review realized gains
  • Carry forward losses
  • Tax-loss harvesting
  • Deductions and credits
  • Potential Roth conversions
  • Health Savings and Flexible Spending accounts
Disclosures

RBC Wealth Management does not provide tax or legal advice. All decisions regarding the tax or legal implications of your investments should be made in connection with your independent tax or legal advisor. No information, including but not limited to written materials, provided by RBC WM should be construed as legal, accounting or tax advice.

Kevin Clouse, NMLS # 1274494 through City National Bank, may receive compensation from RBC Wealth Management for referring customers to City National Bank. Banking products and services are offered or issued by City National Bank, an affiliate of RBC Wealth Management, a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC and are subject to City National Banks terms and conditions. Products and services offered through City National Bank are not insured by SIPC. City National Bank Member FDIC.

Investment products offered through RBC Wealth Management are not FDIC insured, are not guaranteed by City National Bank and may lose value.