Five-step comprehensive wealth planning
David has helped his clients preserve and grow wealth for over 30 years. As a leading advisor of Canada’s top wealth management provider, David and his team employ a time-tested approach to help you achieve your financial goals.
Step 1: Discovery – The relationship begins with an open discussion so that we can learn more about you and your goals. The more we learn about where you are and where you want to be, the more effectively we can build a roadmap to help get you there.
Step 2: Wealth planning – Developing your financial and/or estate plan provides you with an overview of your financial picture and strategies to reach your short-term and long-term goals. From basic plans to the most complex, we provide solutions to help you save for retirement, generate income, minimize tax, and transfer wealth to your benefactors. We draw on a wide range of resources available through the RBC Wealth Management Services team and your existing tax, legal, estate and business advisors.
Step 3: Investment Policy Statement – Next, we work with you to develop the basic guiding principles for building and managing your portfolio, which are established and documented in an Investment Policy Statement. This is an individualized blueprint for preserving and growing your wealth that accounts for factors such as your risk tolerance and income requirements.
Step 4: Portfolio implementation – Our investment philosophy is simple: Buy quality investments with proven management teams that are leaders in their respective industries. Our strategy prioritizes diversification to support growth by minimizing risk. We draw on the resources of RBC Global Asset Management and our own independent research to build a quality portfolio of investments and hold a disciplined course that will serve your family’s best interests for years to come.
Step 5: Ongoing management, monitoring and review – One of our greatest strengths is our attention to client care. We are committed to delivering the highest level of client service through regular investment portfolio and financial planning reviews. On an ongoing basis, we closely manage your portfolio to ensure that it reflects both your evolving wishes and needs and the changing economic outlook.