Client Resources

Access your accounts safely and conveniently

With the new RBC Wealth Management Online, it’s even easier to view your account information safely from home, or wherever it’s convenient for you. If haven’t enrolled yet, there’s never been a better time.

Not yet enrolled? Simply contact your Investment Advisor.

How-to guides

Benefits of RBC Wealth Management Online

Convenient

View your latest account information, important documents and market commentary wherever and whenever you want.

Secure

Access your accounts safely and securely – protected by your confidential password and state-of-the-art encryption technology.

Paperless

Receive key documents such as account statements, tax slips and trade confirmations electronically to reduce your paperwork and help the environment.

“e” for a tree

Choose eDocuments to declutter your life and help the environment. You’ll receive your account statements, tax slips and more electronically through RBC Wealth Management Online. And, right now, when you switch to eDocuments, we will plant a tree in your honour through our partnership with Tree Canada.

Check out the new RBC Wealth Management Online

There’s never been a better time to access RBC Wealth Management Online – recently relaunched with several valuable new features. Now, you can keep track of your progress no matter what device you use – mobile, tablet or desktop.

Plus, we’ve made the following enhancements:

Simplified navigation structure to help you find what you are looking for more easily, including a consolidated overview of your entire portfolio
Homepage dashboard that provides important information at a glance, while allowing you to drill down to a more detailed view when you want
Enhanced account information on performance and products
Flexible data columns that let you choose what you wish to see
Easier access to your e-documents, including account statements and tax slips

What you can do

Access your accounts safely and securely

View your account information any time from the convenience of any personal computer or device with secure Internet access. Do so knowing your privacy is protected by your confidential password, personal verification questions and advanced encryption technology.

Check your current account information

Find out the value of your equities, options and mutual funds – all based on current market pricing. You also can view your transactions and check on the status of your trade orders.

Get timely market information

Obtain detailed real-time quotes for stocks and options listed on Canadian and U.S. markets, and daily closing prices for mutual funds. Plus, you can create up to 50 custom “watchlists” each containing up to 100 securities you want to monitor. And you’ll receive exclusive market commentary and the latest business news.

Reduce your paperwork with eDocuments

Access key documents such as statements, tax slips, annual reports, trade confirmations and prospectuses at any time. You’ll have current documents at your fingertips, plus a seven-year archive. Choosing eDocuments means you reduce your paperwork, while helping the environment.

Connect with RBC Online Banking

Click to RBC Wealth Management Online through RBC Online Banking, and view all of your various RBC accounts. You can also transfer funds from your RBC Royal Bank accounts to your RBC Dominion Securities accounts in real-time during regular business hours.

Go mobile

Download the complimentary RBC Mobile app, which gives you another convenient way to access RBC Wealth Management Online from any device, such as your smartphone, tablet or desktop.¹

Terms and conditions

Here are some step-by-step walkthroughs to help you navigate the new RBC Wealth Management Online. If you have any questions, please contact your Investment Advisor team.

How to Guides

How to enrol

How to access eDocuments

How to use updated features and tools

Mobile App

Getting started

How to install the RBC Mobile app

How to use features and tools

Tax planning strategies for high-income earners

Depending on your province of residence, you may be subject to tax at a rate of 50% or higher when your income exceeds a set amount.

Discover several strategies that make for a tax-smart wealth plan.

View transcript

These days it can seem like there's a tax on everything and with Canada's progressive tax system the more income you earn the higher your tax rate.

If you face a high tax burden, you'll be interested in how you can reduce it or at least manage it.

One way is with insurance.

Most people think of insurance for their home, their Auto and life.

But did you know that life insurance can help cover the taxes due when your estate is settled?

What's more there are Insurance based investment strategies that can provide tax free income during your retirement and tax-free benefits to the beneficiaries of your Estate.

Another way is with family income splitting.

Family income splitting involves transferring investment income that would otherwise be taxed at your higher tax rate to family members who are taxed at lower rates.

Here are two additional ways to split income with your family.

One, a family trust which enables you to provide funds for your children or grandchildren’s needs while reducing taxes.

Two, a spousal loan strategy which enables your lower income spouse to earn investment income at their lower tax rate.

Here's some other ways to reduce tax.

If you have an RRSP contribute as much as you can to maximize the tax deferred growth over time.

Also take advantage of the tax free savings account if you haven't done so already to earn tax-free investment income.

Next look at your non-registered savings and how the different types of investments are taxed.

Capital gains and dividends from Canadian corporations received preferential tax treatment while interest income from GICs or bonds is fully taxable at your marginal rate.

Here's a tip - put more of your interest-bearing investments in your registered accounts like your RRSP where they are sheltered from taxes, then put more of your taxed advantage dividend-paying investments into your non registered accounts.

And here's one more tip.

Always make sure you speak with a qualified professional tax advisor to get the right tax advice for you.

This video is provided by RBC Wealth Management for informational purposes only. The comments contained in this video are general in nature, and do not constitute legal, investment, trust, estate, accounting or tax advice. RBC Dominion Securities Inc.*, Royal Trust Corporation of Canada, The Royal Trust Company, RBC PH&N Investment Counsel Inc., RBC Wealth Management Financial Services Inc. are affiliated corporate entities and member companies of RBC Wealth Management, a business segment of Royal Bank of Canada. *Member – Canadian Investor Protection Fund. Please visit www.rbc.com/legal/ for further information on the entities that are member companies of RBC Wealth Management. ®/TM Trademark(s) of Royal Bank of Canada. Used under license. © 2021 Royal Bank of Canada. All rights reserved.

View your documents electronically with eDocuments

Go paperless with eDocuments to reduce your paperwork, while helping us reduce our impact on the environment.

With eDocuments, you can securely view your RBC Dominion Securities account documents (such as statements, confirmations and prospectuses) in Adobe PDF format from the convenience of your personal computer. By choosing eDocuments, you have less paperwork to file or shred, saving you time and helping to protect the environment. Plus, you can quickly access a seven-year archive of your account statements.

The choice is yours

You can choose either eDocuments or regular paper documents – it's up to you. If you want to switch to eDocuments, follow the easy steps below. If you'd rather receive paper documents instead, do nothing – they will continue to come in the mail as before.

Accessing your eDocuments

To add eDocuments to personal accounts: simply call us and we'll change your accounts over the phone and set you up for WM Online if required. Otherwise, please click here and follow the steps.
To add eDocuments to business and corporate accounts: get in touch with us first to complete a consent form, then you can follow the same steps as personal accounts.

To learn more about eDocuments or WM Online, please contact us.

Tax-Free Savings Accounts

With a Tax-Free Savings Account (TFSA), your investments grow tax-free and you can make tax-free withdrawals at any time, for any reason.

Who can open a TFSA?

Any Canadian resident 18 years or older with a Social Insurance Number.
The age of majority is 19 for residents of Newfoundland and Labrador, New Brunswick, Nova Scotia and British Columbia which may delay the opening of a TFSA. However, the accumulation of contribution room will start at age 18.

What are the benefits?

Tax-free investment income, including interest, dividends and capital gains
Any unused contribution room can be used in future years
No upper age restriction on contributions, unlike an Registered Retirement Savings Plan (RRSP)
Make withdrawals any time for any purpose (e.g. car purchases, vacations, home renovations)
Previous year's withdrawals are added back to your unused contribution room
Income earned and withdrawals have no impact on federal income-tested benefits or credits (Guaranteed Income Supplement, Child Tax Benefit, Old Age Security, etc.)
Canadians can contribute to their spouse's or common-law partner's TFSA subject to available contribution room

What are the considerations?

Unlike an RRSP, contributions are not tax deductible
Capital losses within the TFSA cannot be used to offset taxable capital gains outside the TFSA
Interest on funds borrowed to fund the TFSA is not tax deductible
Penalty tax on excess contributions

What investments are qualified for the TFSA?

Cash, mutual funds, guaranteed investment certificates (GICs), publicly traded securities, and government and corporate bonds.

For more information, please contact us or visit the Canada Revenue Agency website.