High Net Worth Planning
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.
Murray Shapiro, BA, LL.B, TEP
Vice-President, High Net Worth Planning Services, RBC Wealth Management
Murray has been providing advice and technical support in relation to high-net-worth family wealth planning since 1994. Conversations include scenarios to be aware of in transitioning, including the costs of transitioning, your assets to your intended heirs. Additional areas of concern may include tax, asset preservation and philanthropic planning.
Murray’s expertise encompasses both domestic and international family circumstances, and in many cases is focused on the challenges of transitioning a family business. His guidance supports clients in their relationships with their external professional advisors, with whom he frequently interacts.
Before joining RBC’s Canadian Wealth Management Services team in 2008, Murray worked with RBC’s Global Private Banking group as the senior resource in their global trust business for over 13 years.
Prior to joining RBC, Murray practised law for six years in the areas of estate and tax planning, as well as various areas of business law.
Murray was a Director of STEP Canada (Society of Trust & Estate Practitioners) from its inception until 2009, and has been a member of the International Tax Planning Association and the Canadian Tax Foundation over the years. He has been a featured speaker at Estate Planning Councils, Law Society and STEP practitioner education conferences in Canada and abroad.
Business Owner Specialists
As a Vice President, High Net Worth Planning Services, James, together with your primary RBC advisor, helps you explore succession, tax, retirement and estate planning issues you face as a business owner.
James spent the majority of his career in various capacities advising owners of privately held businesses. Prior to joining RBC, he spent 12 years at another major national financial institution as the Vice President of Succession Planning. In that role, James developed several best practices around succession planning that take into account the unique culture of Canadian family businesses. Many of these practices are shared in the book he co-authored, “The Transition Experience – What every Canadian family business owner should know beyond succession planning”, released in December 2011.
James is a Chartered Accountant and Chartered Business Valuator and is a frequent presenter on business succession planning. He obtained his degree, Masters of Commerce from the University of Canterbury in New Zealand.
As a Business Owner Specialist, High Net Worth Planning Services, Bobby, together with your primary RBC advisor, helps you explore succession, tax, retirement and estate planning issues you face as a business owner.
Bobby has over 15 years of experience working with owners of privately held businesses to help them develop business succession, tax and estate planning solutions tailored to their goals and objectives. Prior to joining High Net Worth Planning Services, Bobby provided tax, retirement, estate and financial planning advice to RBC advisors and their clients. He has written articles on various topics including determining the value of a business, farm succession planning, tax planning and retirement planning.
Prior to joining RBC, Bobby was a Vice President at a boutique business valuation firm in Toronto where he worked with business owners to help them determine the value of their business for divestitures, litigation, tax and estate planning purposes. He also worked with owners to help them identify the value drivers of their business.
Bobby is a Chartered Business Valuator, a Chartered Professional Accountant and has a Bachelor of Commerce degree from the University of Toronto. He has also completed all three levels of the CPA In-Depth Tax Course.
Will & Estate Specialist
After completing a Master of Arts degree in English at the University of Waterloo, Alessandra obtained a Juris Doctor from the University of Toronto, Faculty of Law in 2000. She was called to the Ontario bar in February of 2002, and commenced her career as a tax lawyer with the Toronto office of a prominent national law firm, completing Levels I and II of the Canadian Institute of Chartered Accountants’ In-Depth Tax Course.
Over her years in private practice, Alessandra served a variety of business clients and their owners ranging from technology start-ups to established manufacturing, property development and retail businesses, advising on tax and estate-planning, including wills and trusts.
Alessandra is now pleased to offer her years of advisory experience to provide Will and Estate Planning services to RBC’s valued clients.
Estate Planning Specialist
Suzanne Schultz, CPA, CA, CFP
Vice-President & Estate Planning Specialist, RBC Wealth Management Financial Services Inc.
Suzanne’s focus is to protect and enhance family, business and multi-generational wealth. She is a trusted professional known for expert wealth management advice utilizing advanced, insurance-based tax and estate planning solutions.
Prior to her role at RBC, Suzanne built her career at a major accounting firm and a boutique tax and estate planning firm. She holds CPA, CA and CFP designations and has completed the CICA’s In-Depth Tax Course. She was featured as an expert on BNN and HGTV’s House Poor, and has contributed to the Globe and Mail, National Post and other publications. She is also co-author of 78 Tax Tips for Canadians for Dummies.
Suzanne uses her in-depth technical knowledge to carefully understand what can complicate your financial and family situations and collaborates with your other professionals to uncover where you might be exposed to excessive taxes and risk. This planning is essential for business owners, professionals, executives and those with charitable goals.
Jennifer Janeczko completed her Masters of Taxation degree at the University of Waterloo in 2004 after completing a postgraduate diploma in Financial Planning from Wilfrid Laurier University in 2001.
Prior to joining RBC in 2015, Jennifer gained a unique understanding of planning for the owner-manager through various roles within the insurance and accounting industries. Her professional experience includes working extensively with high-net-worth individuals and their advisors dealing with estate and succession planning, corporate and personal tax, insurance planning, family trusts, private foundations and charitable organizations.
Jennifer has over 10 years of taxation experience, is a member of the Canadian Tax Foundation, sits on the board of directors of the Estate Planners’ Council of Hamilton and is a student member of the Society of Trust and Estate Practitioners.
Barb MacLellan brings more than 30 years of financial services experience to her role as Private Banker, in which she delivers personalized, discrete banking, credit and financial counsel to select clients and their families in the Burlington and Oakville areas.
As a dedicated financial planner, Ms. MacLellan creates sophisticated banking packages and a full suite of personalized credit solutions for her clients and their families. She then draws on a team of RBC and external experts who assist with investments, commercial banking, and domestic and international trust products, to create a uniquely personalized banking experience for her clients.
To ensure personalized service and attention to detail, Ms. MacLellan works with a limited number of clients and their families. This focused approach allows her to spend more time simplifying her clients' lives, working when necessary with their other professional advisors to deliver comprehensive, integrated financial solutions.
Prior to joining RBC in 1985, she worked in business banking for another major Canadian bank and advised on insurance for a major insurance firm. Since joining RBC she has held several client service roles of increasing responsibility, including Branch Manager, Financial Planner and, for retail banking clients, Senior Account Manager. She holds the Personal Financial Planner (PFP) designation and a bachelor's degree (majoring in Economics) from McMaster University.
Ms. MacLellan is active in the Burlington community and has been involved in several local sports organizations where she has managed rep hockey teams, coached girls' fastball and represented Ontario as coach in the National Girls Baseball championships.
Married for almost 30 years, Ms. MacLellan has two adult children and an active life outside of the office. She enjoys running, golf, team sports, travelling and spending time with her family.
Shannon Cleary brings over 20 years of experience in financial services to her role as a Private Banker in Halton South and the surrounding region. She provides business owners, executives and high-net-worth families with proactive, tailored advice and customized wealth management solutions.
Shannon and her team aim to build long-term relationships with their clients based on integrity, trust, communication and confidentiality. They further look to differentiate themselves through exceptional service and dedication to helping clients reach their wealth management goals. Clients value Shannon’s extensive experience in commercial banking and credit strategies, and her ability to simplify their often complex financial affairs.
Each of her clients will receive a tailored suite of services, including sophisticated day-to-day banking, cash management and flexible credit solutions. She will also draw upon a global team of specialists to provide clients with an unparalleled range of products and services, such as wealth, tax and estate planning.
Currently pursuing an MBA from Dalhousie University, Shannon also holds a diploma in design from the Ontario College of Art and Design. Respected by her peers and management, she received awards as a top-performer at RBC in both 2015 and 2016.
Shannon is an active volunteer with her daughter’s school and past volunteer with the Halton Learning Foundation. Outside of work, she enjoys cycling with her family, travel and gardening.
Ritu Narayan brings 19 years of experience with RBC’s Canadian and international wealth management business to her role as Private Banker. She is responsible for providing comprehensive wealth management and financing strategies to high-net-worth business owners, executives, professionals and their families in Oakville, Burlington and the Greater Toronto Area.
Prior to joining RBC Wealth Management, Private Banking, Ms. Narayan served in two previous roles as a Private Banker for ultra-high-net-worth individuals, families and family offices in the United States, Europe and the Middle East, and as Director Immigrant Investor Program, in which she established and managed relationships with a select group of international ultra-high-net-worth families immigrating to Canada.
Now in her role as Private Banker, she works to deliver seamless, unparalleled banking and financial solutions for clients with often-complex banking and credit needs. As needed, she partners with specialists from across RBC and externally to provide a complete range of complementary services, from investment management to estate and philanthropic strategies, domestic and international trust services.
Ms. Narayan has a Masters in Business Administration (MBA) from the University of Leicester and earned her Personal Financial Planner (PFP) designation. She has two adult daughters, and when not in the office can be found practicing yoga, reading or travelling. Passionate about community involvement, she received an Ontario Volunteer Service Award in 2010 for her years of continuous commitment and dedicated service.