Watermark Financial Planning for Young Professionals

Clarity, consistency, results

Congratulations are in order! You have made it through arduous years of competition, studying and educational costs to become a practicing professional in your community.

Now that you have been freed from the hours of study, you will be faced with the challenges of building your career. That could mean starting a business, managing a staff or handling the expectations of a demanding client base. You may also be thinking about paying down student debt, accumulating savings, raising a family and buying a home.

There are myriad considerations facing the young professional. Are you employed or self-employed? Do you need a professional services company and a holding company? Is your spouse working with you in your practice? Are you working in someone else’s practice? The personal debt you have could be paid off by taking a larger salary or a dividend from your company – but is that the best thing to do? Will you have a pension or will you be solely responsible for retirement?

At Livingston Wealth Management of RBC Dominion Securities, we specialize in helping young professionals through the planning maze. Working alongside your other trusted advisors, we map out a year-by-year plan called the “Watermark System.” This plan will help you maximize your savings, investment growth and identify opportunities to minimize taxes.

As recent budgets have shown, the business investment and tax rules are subject to change from year to year. And we know that plans and lives change as well. Our Watermark System is updated every year to reflect your personal and regulatory circumstances, so you can rest assured that you are taking the most efficient route to realizing your goals and keeping as much of your hard-earned money as possible.

We will also keep you up-to-date on taxation issues and how best to preserve your income. Worried about how much personal debt to repay and how much money to invest? Our unique planning process will provide clarity around how much you need to retire and what investments are likely to position you for reliable growth. All of these considerations go into your Watermark plan today and each and every year.

We have offered these services to our clients for over 20 years and have been gratified by their successes. Now we want to ensure that the next generation of professionals in our community have the same opportunities to generate wealth for their families. We understand that you are in the early phase of your journey and we want to help in a way that is sustainable for you.

What does it cost?

1.25%

We take affordability very seriously. Proper asset management requires a variety of skills and we are proud to put all of our resources behind this offering. Your annual cost includes all of the financial planning and updating, consultation on taxes alongside your other professionals and expert discretionary portfolio management – year in and year out.

There is no cost or obligation for a consultation.

The Watermark system – Clarity, Consistency, Results