The Legacy Gap: Why Most Wealth Doesn’t Survive 3 Generations

 January 30, 2026 |Treshana Walker
It’s a stark reality: 70% of wealthy families lose their fortune by the second generation, and a staggering 90% by the third. Why do so many legacies vanish—and how can your family break the cycle? Wealth creation is hard, but wealth preservation is harder...
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The Psychology of Money: Why Smart People Make Costly Financial Mistakes

 January 26, 2026 |Treshana Walker
Ever watched someone blow their bonus on a luxury car—while struggling to save for retirement? Or seen a high-earning friend trapped in a cycle of debt despite a six-figure salary? Intelligence doesn’t guarantee financial success. So, what’s the missing...
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Net Worth vs. Income: Why Most People Track the Wrong Number

 January 23, 2026 |Treshana Walker
When it comes to measuring financial success, most people fixate on income—how much they earn each month or year. But here’s the truth: Income is just one piece of the puzzle. A six-figure salary doesn’t guarantee wealth, and a modest income doesn’t mean...
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How to Build a Financial Plan That Actually Works in Real Life

 January 19, 2026 |Treshana Walker
Creating a financial plan is one of the most important steps you can take to secure your financial future. But let’s be honest—many plans fail because they’re too rigid, overly complex, or don’t account for life’s unpredictability. The key is to design...
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Early 2026 tax tips

Early 2026 tax tips

 January 07, 2026 |RBC Family Office Services
When the end of the year approaches, many individuals place a greater focus on tax planning to minimize their income tax liability. Beyond the end of the year, however, there are some areas of tax planning that often get overlooked. For example, there...
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Video: Explore the connection between wealth, health and aging

Video: Explore the connection between wealth, health and aging

 August 12, 2025 |DA Marketing

Watch a group of leading healthy aging specialists discuss why planning for health, wellness and finances together matters.

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Video: Are powers of attorney part of your estate plan? The Wealthy Barber wants to know

Video: Are powers of attorney part of your estate plan? The Wealthy Barber wants to know

 June 09, 2025 |RBC Wealth Management

Who will care for you if you can’t? David Chilton explains why it’s important to have powers of attorney, especially at his age.

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Why women need to be more proactive with their brain health

Why women need to be more proactive with their brain health

 May 21, 2025 |RBC Wealth Management

While Canadian women tend to live about five years longer than men, research shows females account for about 70 percent of people living with dementia and brain-aging diseases.

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Recognizing the early signs of dementia

Recognizing the early signs of dementia

 May 13, 2025 |RBC Wealth Management

It can be hard to spot the early signs of dementia versus normal age-related memory loss. If dementia is diagnosed, there are steps caregivers can take to help support loved ones.

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Video: Is there an estate tax or death tax in Canada? The Wealthy Barber explains

Video: Is there an estate tax or death tax in Canada? The Wealthy Barber explains

 May 05, 2025 |RBC Wealth Management

David Chilton talks about inheritance tax in Canada and filing a final tax return.

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Next

A guide to family meetings

When it comes to communication across generations, there can be a tendency to overlook the importance of family dialogue as part of a wealth transfer plan. Some may not be comfortable sharing details of their wealth transfer plans with their intended beneficiaries while others may not be open to disclosing any information related to their plans or intentions. In situations where there’s limited or no proactive communication, the risk for misunderstanding and a lack of clarity increases, which can lead to a range of potential issues for family members during a wealth transfer.

Click this link to read five strategies to help make family meetings an effective tool in wealth transfer planning

Establishing an RESP

With the high cost of post-secondary education, many parents and other family members recognize the need to save for education well before the expenses become a reality. That’s why the registered education savings plan (RESP) is such a popular savings vehicle. Not only is the tax on the income accumulating in the plan deferred until funds are paid out, the federal government and some provinces may also contribute to the plan. This article discusses setting up an RESP, government incentives and saving strategies involving RESPs.

Click to learn more about RESPs

What is your risk profile?

Understanding your investment goals is a key part of the process. But just as important is understanding your risk profile. That’s why we ask you questions like: What is your financial situation? How long do you have to invest? How do you feel about the value of your investments going down, even temporarily?

Click here to learn more on your risk profile

Tax-efficient asset location

When creating your investment plan, you’ve likely given consideration to your asset allocation. Asset allocation involves finding the right balance of different types of investments such as fixed-income, equities and cash or cash equivalents that would be appropriate for you, given your goals and risk tolerance. But when reviewing your overall investment portfolio, have you considered asset location?

Click for more details

When should you review your Will or estate plan?

Most legal professionals recommend reviewing your estate plan every three to five years or any time you experience a major life event. A life event refers to any significant change in your life such as marriage, divorce, birth of a child, death of a spouse or changes to your financial position, to name a few. This article provides some examples of circumstances which may warrant a change or update to your Will and estate plan. 

Click here for more details.  

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