Helping business owners save, protect and grow their wealth
My experience has shown me that all three areas—save, protect and grow—are of importance to each of my clients, but there is always one area that usurps the other two. As such, we will create a plan that reflects your specific needs and goals.
- Save on taxes using RRSPs or IPPs, tax-exempt insurance, spousal loans and good corporate structures
- We’ll introduce you to our commercial and private banking partners who may be able to provide advice and service beyond what you are currently receiving.
- Protect assets from creditors using CRA - approved corporate structures
- Develop adequately funded buy/sell agreements
- Secure key-person insurance
- Develop estate and succession planning strategies to transfer wealth tax efficiently
- Grow wealth through prudent investment and risk management
- Benefit from our access to the resources of RBC Dominion Securities, Canada’s leading wealth management firm
We will work with you to understand your business and personal goals. Drawing on the depth of experience that members of our team have developed as financial, taxation and legal professionals, we are able to present strategies that are appropriate for your business and personal situation. Reaching your goals often requires an interaction of strategies that minimize taxation, provide sufficient retirement income, safeguard your wealth, and provide for the effective transition of assets between generations.
We will work with your own tax and legal advisors, and members of our RBC Wealth Management Services team, to effectively execute on the strategies and solutions that will help you reach your business and personal goals and bring you peace mind.
Charles Nowochin, B. Comm., FMA, CIM
Investment and Wealth Advisor