Our unique pathway to true wealth

We respect you as unique – and therefore deserving of a one-of-a-kind wealth management plan tailored specifically to your needs, aspirations and legacy wishes. No one will listen more carefully, or adjust to your evolving requirements more attentively, enroute to ensuring you experience true wealth – whatever you deem that to be.

 

Our process

1. Establish and define our relationship

  • Discuss the stages of the Wealth Management Process and each party’s commitments and responsibilities
  • Review the services we offer – The Wealth Management Wheel
  • Discuss the elements of true wealth and how we manage capital as a resource

 

2. Discovery

A unique life conversation to determine what matters most to you and why

  • Discuss Life Issues – risks or concerns that may divert you from reaching your goals
  • Discuss Transitions – changes in life you need to plan for
  • Discuss Milestones – what you are working towards that takes time and money
  • Discuss Legacy – how you wish to leave your legacy

 

3. Analyze

  • Evaluate your current state – where are you now
  • Assess what needs to be addressed to meet your needs, goals and priorities

 

4. Develop a Plan: The Road Map

  • Creation of a Comprehensive Compass Financial Plan or MyGPS™ Wealth Projection
  • Discuss assumptions and variables – are your goals realistic and achievable
  • Assess if you are on track to meet your needs and goals based on current practices
  • Opportunity and risk – analyze the plan and observe opportunities to take advantage of and address risks that may send you off track of your goals
  • Meet with RBC Wealth Management Specialists to address specific areas of concern or opportunity

 

5. Implementation of recommendations

  • Implement solutions and recommendations or make changes necessary to help get you where you need and want to be
  • Create a disciplined forward-looking action plan and stick to it

 

6. Review and revise

  • Regular follow up to review progress and ensure you are on track
  • Monitor for any changes that may occur and need to be addressed
  • Check-up and revise periodically