Our 'portfolio approach' is the foundation of long-term, successful money management and is predicated on creating customized investment portfolios that reflect our clients' investment needs throughout the various life stages.
Step 1: Understanding your needs & goals
Our first and most important job is to listen to you and understand your needs and dreams for the future. We will take the time to understand your specific investment goals, such as saving for retirement or financing a business, and the timeframes available to achieve them. In addition, we will consider your return expectations and tolerance for risk. This “discovery process” doesn't end here - as time passes, and your situation changes, we will work with you to ensure that your investment strategy remains current.
Step 2: Creating your investment strategy
With an in-depth understanding of your personal situation, we are able to create your investment strategy. This provides the framework for managing your financial assets going forward. It clearly sets out your investment objectives, income needs, timeframes, asset mix guidelines, security selection criteria and review process. Your investment strategy helps keep your investment goals and preferences in clear focus. It also provides a benchmark for measuring the progress you're making towards achieving your goals.
Step 3: Building your custom portfolio
Once we've designed your investment strategy, we can structure your customized portfolio. We leverage leading-edge analysis provided by the RBC Investment Strategy Committee, RBC Capital Markets and third-party research to select appropriate and well thought-out investments. In building your personalized investment portfolio, we select from a universe of international investment opportunities:
- Investments for growth, including Canadian, U.S. and international stocks
- Investments for income, including government and corporate bonds
- Investments for wealth preservation, including guaranteed investments
Step 4: Managing your portfolio
The last step in the process is to monitor your progress towards your continued success. We will review your portfolio with you on a regular basis, and recommend appropriate changes to keep you on track. You will also receive detailed account statements, portfolio review statements, transaction updates and tax reports.
