Helping Manage Your Personal And Business Assets With Ease
Michael understands that the modern business owner does not simply manage people. Business owners are visionaries who inspire their employees to grow the businesses together, and require special attention and services to manage their business wealth effectively and retain key employees. Leveraging the Business Owner Services team at RBC Wealth Management, Michael provides the full range specialized services business owners need to help their business thrive.
Business advisory and consultation: Business Owner Specialist at RBC will work with you to help you achieve your goals and improve performance in areas such as business strategy, competition, company operation, human resources, supply chain and customer evolution.
Operations: The efficient flow of daily operations is the lifeblood of an organization. Our extended team will work with you to ensure shareholder agreements are in place to best meet the stated objectives of the company, in addition to ensuring proper business overhead insurance is in place in the event of unplanned or unforeseen events.
Tax Planning: Our Business Owner Professionals and Tax Planning Specialists will help you understand current taxation and how it applies to you. They’ll also help you develop strategies to maximize your after-tax income.
Succession Planning: Whatever your plans for your business – whether you will pass it to your children or sell it to the right buyer – our specialists have the experience and expertise to help make the process smooth and tax-efficient. They will also help you prepare your business for the unexpected, such as disability or other health-related circumstance that could interrupt your operations or cash flow.
Some solutions include helping you with important matters like crafting a comprehensive buy/sell agreement or structure proper key person and umbrella insurance.
Group Benefits and Retirement Plans: In order to help you retain and attract key personnel, we partner with RBC Insurance to provide competitive solutions for group benefits and savings plans.
Legal: It is important for businesses to understand areas of legal exposure and where they could be liable. Our team of accredited lawyers and accountants at RBC Wealth Management will work with you to help you understand the implications of income tax law on your operations.
