Prashant Patel, CFP, TEP
Vice-President, High Net Worth Planning Services, RBC Family Office Services
Prashant has assisted high-net-worth and ultra-high-net-worth families with tax, estate and retirement issues since 1992.
His guidance supports clients in their relationships with their external professional advisors, with whom he frequently interacts.
His expertise includes tax and estate planning for executives, business owners, retirees, sports professionals and individuals with U.S. issues. He also assists individuals facing significant financial events (sale of business, financial windfall, retirement, job loss, moving to Canada, leaving Canada, etc.)
Prior to joining RBC in 1999, Prashant honed his expertise by working as a Canadian and U.S. tax specialist for two of the big four accounting firms in downtown Toronto.
Prashant is a Certified Financial Planner, Associate of the Society of Actuaries and member of both the Society of Trust and Estate Practitioners and Canadian Tax Foundation.
Arthur Y. Wang, MAcc, CPA, CA, CFP, CLU, CHS, TEP, FEA
Estate Planning Specialist, RBC Wealth Management Financial Services Inc.
A Chartered Accountant by training, Arthur spent time with a Big 4 accounting firm and a leading Canadian life insurer prior to RBC. A personal experience led him to rethink his career choice and he decided to dedicate himself to helping clients create, protect, and preserve wealth by implementing holistic insurance planning solutions. Wealth planning is personal; Arthur is here to support you.
Formerly an auditor of publicly traded insurance companies, Arthur's previous experiences allow him to speak with confidence, skill and knowledge regarding the nuances of accounting, taxation, and financial planning. Utilizing his unique understanding of the industry and in-depth insights, he works collaboratively with business owners, high-net-worth families, and their personal advisors to implement the most appropriate insurance solutions for their needs.
Fluent in both English and Mandarin, Arthur is able to confidently communicate with clients in their preferred language.
Lei brings over two decades of professional experience to her current role as Private Banker, International where she and her team provide high net worth individuals and families with integrated holistic advice through comprehensive and customized wealth management solutions, including:
- Sophisticated day-to-day banking
- Cash management
- Financial and tax planning
- Estate and Business succession planning
- Investment management
- Credit structuring including real estate financing
Lei has extensive and dynamic experience in multiple fields. Prior to working in the financial industry, Lei had a successful career in the IT industry. She started her career in finance as a Financial Security Advisor at London Life providing insurance solutions and investment advices to individuals, families, and helping small business owners set up group benefit and retirement plans for their employees. She then worked at Pavillion Investment house in the position of Private Wealth Associate responsible for investment analysis and wealth planning for High-Net-Worth families. She joined RBC in 2017 as a Relationship Financial Planner helping Mass Affluent Clients achieve their financial goals.
Lei has a BE in Computer Science from University of Electronic Science and Technology of China, a MA in Marketing from University of Ulster, Northern Ireland, UK, and a diploma of TEP (Trust and Estate Practitioner) from STEP Canada. Lei holds the highly respected Chartered Financial Analyst (CFA) title, the gold standard of the investment industry. She is fluent in English, Mandarin and works efficiency in French.
A passionate contributor to community, Lei is actively involved in local Canadian Chinese running club advocating healthy lifestyle.
In her free time, Lei is a competitive marathon runner, enjoys backpacking around the world with her husband.
As a Premier Banking Advisor, Cherry provides personal service and tailored advice to help clients save time and effectively manage their day to day banking needs. Cherry works as a single point of contact and partners with Investment Advisors and Counsellors across the Greater Toronto Area with Mandarin and Cantonese language needs. She supports RBC Wealth Management's Asian Market in Richmond Hill, North York and Downtown Toronto.
Cherry has been with RBC as a Financial Advisor for 2.5 years and has over 7 years of experience in Banking. Cherry is respected by her clients, peers and the industry, and has enjoyed success in several different roles in assisting clients achieving their goals.
She graduated from the University of Waterloo where she obtained her Bachelor of Arts Degree, with a major in Finance Specialization.
Cherry is deeply committed to giving back to her community. She is a committee member of "Glitter" a non-for-profit charity event within Chinese community. In addition, she volunteers at Toronto SickKids Hospital to give children hope for a better life.
Born in Shenzhen, China, Cherry moved here with her parents in 2000 and now lives in Thornhill with her husband and 3 year old daughter. In her spare time, Cherry loves to cook and spend time with her family. As well, she loves yoga and is currently learning to play golf.
Karen Feng, CPA, CA, MMPA
Financial Planning Specialist, RBC Family Office Services
Karen is a Chartered Professional Accountant (CPA, CA) and Certified Financial Planner (CFP). She graduated with a Master in Management and Professional Accounting from the University of Toronto and has completed all three levels of the CPA Canada’s In-Depth Tax Course.
As a tax manager at one of the largest international public accounting firms, prior to joining RBC, Karen specialized in tax planning and compliance for individuals, business owners, large private and public corporations, trusts and partnerships.
Karen is fluent in Mandarin, Cantonese and English.
Karen’s role is to work with and support your advisor in preparing and presenting your Compass Financial Plan and to identify and assess any related financial planning concerns you may have.
Specialized financial planning
At RBC, we recognize that with greater financial resources, comes greater financial complexity. To help you properly coordinate your financial matters and optimize the unique opportunities available to you, we are pleased to offer you our highest level of financial planning. Personally prepared by Karen Feng, a Financial Planning Specialist, your comprehensive Financial Plan will provide recommendations specific to your situation. Your plan will consider strategies to maximize your cash flow, reduce taxes, ensure your retirement lifestyle, protect your financial security, transfer wealth to your next generation tax-efficiently and make the most of your philanthropic legacy. In appreciation of your business, your advisor is pleased to offer this service to you on a complimentary basis.