Financial Planning and Projection

Financial Planning and Projection

Have you ever wondered if your financial goals will be met with the financial resources and income you have today? Do you worry about how your financial decisions today might impact your long term financial future? Does thinking about your financial future give you a sense of calm and confidence or anxiety and uncertainty?

The core function of wealth management is to first develop an understanding of your current financial situation and life goals and then map out the path to achieve those goals. From that point decisions can be made with clarity and confidence.

So how is this done?

RBC Wealth Management has various approaches to financial planning and projection depending on the complexity, need and situation.

myGPS™ – your Goals, Priorities, Solutions – This proprietary software helps advisors work with their clients in mapping out their financial strategy in a clear and concise manner. This report becomes a living document that is updated and evolves as your financial situation changes. The tool can also be used to test various scenarios and situations when making significant life choices.

Compass Financial Plan – Sometimes the complexity of your financial situation may require deeper analysis to answer the more technical questions that may arise about your future. RBC Wealth Management maintains a staff of Financial Planning Specialists as subject matter experts that we can draw upon to prepare your formal financial plan.

In addition to these approaches RBC Wealth Management also employs over 250 subject matter experts available to help inform our clients around more specific or technical topics.