Having worked in finance for almost 15 years, I often take for granted the financial ‘lingo’ or ‘jargon’ we use. In this article, I explain what exactly wealth management means, where my clients are, when is the right time to become a wealth management client, why it could make sense for you, and who we are.
So let’s begin… here are the 5 Ws on Wealth Management!
What
Wealth management is a comprehensive approach to helping you achieve your personal and financial goals in life. My team and I deliver an exclusive wealth management experience, similar to a “family-office.” The services and advice below are included in a single and very competitive fee.
- Institutional investments managed by pension managers
- Highest quality and largest inventory of investments in the country
- Prudent, disciplined, risk-adjusted investment methodology
- Sophisticated portfolio management utilizing top technology and portfolio managers
- Financial planning to clarify your financial situation and goals
- Will, Power of Attorney, executor reviews
- Estate & Trusts planning to help you maximize your legacy
- Intergenerational Wealth Planning
- Tax Planning
- Retirement planning
- Insurance
- Risk Management to identify opportunities to help protect or enhance your wealth
- Charitable giving and setting up family foundations
- Premier/ Private Banking
- Business Owner Financial Planning
- Business Succession Planning
I assess your needs to determine which of these complimentary consultations are appropriate for you.
Where
I am a investment advisor licensed by the Investment Industry Regulatory Organization of Canada, and I can practice anywhere in Ontario. Most of my clients are from Oakville and area.
When
We help multiple generations of families by guiding them through each stage of life. So anytime is a good time for you to start planning your finances. You can never be too young to start planning!
Here are some of the common stages of your financial life:
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- Accumulating wealth – growing assets
- Protecting wealth – maintaining assets
- Converting wealth – creating an income stream
- Transferring wealth – creating a legacy
The wealth management approach encompasses everything from investment advice and money management to guidance on protecting your lifestyle, planning for retirement and creating a legacy for your family and other beneficiaries
Why
Proper financial planning is very important in order to ensure that you and your family are protected, and avoid costly mistake, taxation issues, estate issues, and even personal family issues.
You will have peace of mind and time to enjoy your life knowing that you are well taken care of. I go above and beyond from just being an investment advisor – I am your personal CFO and the liaison between the other professionals in your life, such as your accountant and lawyer. This benefits you and provides you with a truly integrated financial plan and you obtain an accurate and complete picture of your overall financial state.
Who
I am truly lucky and blessed to work for such a great organization. RBC is the premier and largest wealth manager in Canada, and top 5 globally, and those benefits go back to the client. This is one the main reasons why I decided to start my practice here after a lucrative career at top Investment firms on Bay Street.
RBC provided me with a large team of highly qualified specialists. These partners are salaried employees whose main objective is to help our clients maximize their wealth.
- Financial Planners
- Lawyers
- Accountants
- Bankers
- Investment Analysts
- Estate Planning Specialists
- Insurance Advisors
- Portfolio Managers
- Trust Advisors
- Economists
I hope that this gives you a good understanding of what my team and I do here at RBC Wealth Management. If you would like to learn more about any of the above, then please do not hesitate to contact me. I would happy to provide you with a complimentary and confidential review of your current investments and financial plan.