Philps Private Wealth

Helping You Navigate

At Philps Private Wealth, we understand that wealth management is about more than money, it’s about creating the life you envision now and for future generations. We’re here to help you determine your goals and navigate every aspect of achieving the plan you define.

We Want:

To assist you in identifying your financial and lifestyle goals and gain an understanding of your priorities, objectives and aspirations.
To uncover areas of opportunity or potential pitfalls and find solutions that integrate with your plan.
To ensure you are consistently on track to achieving the future you envision.

We Believe:

There is no “one size fits all” formula to wealth management. Everyone has unique needs and goals; however, all clients benefit from a disciplined wealth process that keeps their goals in focus.
In relationship first. We provide an unbiased, supportive environment to ensure you feel comfortable sharing who you are and what you value.
In a comprehensive approach to wealth that includes financial, relational, and personal well-being. These beliefs are the foundation of all our interactions with clients.

We Will:

Conduct regular reviews to monitor performance.
Proactively re-balance your portfolio to take advantage of timely investment opportunities, or to reduce or remove risk as market conditions warrant.
Take a holistic approach that considers after-tax returns to ensure your plan is successful. This includes requesting your permission to work with your other trusted professionals (accountants, legal advisors, etc.) to create a seamlessly integrated plan that’s effortless for you.

Here's How We Do It:

Our process begins with understanding who you are and what you value. We look at all aspects of your wealth to ensure we are planning and protecting for your goals.
We considers global and regional outlooks, interest rates, corporate earnings and equity valuations. We concentrate on after-tax returns to ensure your plan is successful.
We believe in a comprehensive approach and that wealth includes financial, relational and personal well-being. We incorporate these beliefs into all of our transactions with clients.
We believe that employing a consistent, disciplined and non-indexed process to investment management will lead to superior results. We look forward to showing you the difference our process will make.

Why Choose Our Team?

We could be the right fit for your wealth management needs if you:

Objectively want access to best-in-class third party managers, tactical portfolio management, lower fees and better results.
Want to invest the same energy and creativity into the future of your wealth as you invested in the creation of your wealth.
Care as much about the qualitative aspects of your planning (your loved ones, your values, your legacy, etc.) as much as the quantitative aspects of your planning (taxation, legality, insurance, investments, etc.)
Would like what you have created or inherited to sustain beyond your generation.

Click here to contact us today.

A plan for your priorities

Getting the right investment advice is a key part of managing wealth. But it's just one part of a bigger picture.

That's why you deserve a coordinated wealth management strategy that helps to address the financial concerns at each stage of life, such as:

Growing assets for future goals like retirement
Maintaining assets to protect financial well-being
Creating an income stream for retirement
Creating a lasting legacy

View transcript & Disclaimer

Do you ever find yourself asking questions like, how can I manage my family's higher tax burden and lower our taxes? How can I reduce the financial risks facing my family? How can I maximize my after-tax retirement income? How can I leave a greater legacy to my family and charity? If you're asking questions like these, you may have reached a stage in life where your financial affairs have become more complex.

That's where wealth management can help. So, what is wealth management? Wealth management is a term often used synonymously with investment management. But it's actually much more than that. Wealth management goes beyond investment management to look at your overall financial situation. It brings together the different areas of expertise and solutions you need in a single overall wealth plan.

This includes investing, financial planning, tax minimization strategies, retirement planning, business succession planning, wealth protection strategies, and estate planning. Essentially, wealth management looks at everything you need to address your various financial concerns at each stage of your life, from building your wealth for future goals like retirement to converting your wealth into a tax-efficient retirement income to transferring your wealth to the next generation.

One of the most important benefits of wealth management is that it's a coordinated approach. That means that you have one key advisor who links in experts from other areas. For example, RBC wealth advisors each specialize in different areas, such as investment management, financial planning, or private banking. But they work together to make sure their clients have the benefits of all of these different areas of expertise.

And at RBC, each of our wealth advisors also has the support of the RBC wealth management services team. The RBC wealth management services team has over 200 tax, legal, and financial experts all focused on helping RBC advisors manage their clients' wealth.

So what is wealth management? Ultimately, wealth management is really all about helping you make sense of the greater financial complexity you face and giving you greater confidence in your financial future. If you would like to learn more about how you can benefit from wealth management, I invite you to contact your RBC wealth management advisor.

This video is provided by RBC Wealth Management for informational purposes only. The comments contained in this video are general in nature, and do not constitute legal, investment, trust, estate, accounting or tax advice. RBC Dominion Securities Inc.*, Royal Trust Corporation of Canada, The Royal Trust Company, RBC PH&N Investment Counsel Inc., RBC Wealth Management Financial Services Inc. are affiliated corporate entities and member companies of RBC Wealth Management, a business segment of Royal Bank of Canada. *Member – Canadian Investor Protection Fund. Please visit www.rbc.com/legal/ for further information on the entities that are member companies of RBC Wealth Management. ®/TM Trademark(s) of Royal Bank of Canada. Used under license. © 2021 Royal Bank of Canada. All rights reserved.