Our approach to designing a custom investment portfolio
Our portfolio management team will work with you to develop a strategy to help build and protect your wealth. We achieve this through our Private Investment Management program, a unique discretionary managed account that allows you to delegate the responsibility of day-to-day investment decisions to your personal Portfolio Manager.
Our process is predicated around creating a customized investment portfolio that reflects your investment needs throughout the various stages of your life.
Step 1: Understanding your needs and goals
Our first and most important job is to listen to you and understand your needs and visions for the future. We will take the time to understand your specific investment goals, such as saving for retirement or financing a business, and the timeframes available to achieve them. In addition, we will consider your return expectations and tolerance for risk. This “discovery process” doesn't end here – as time passes, and your situation changes, we will work with you to ensure that your investment strategy remains up-to-date.
Step 2: Creating your investment strategy
With an in-depth understanding of your personal situation, we are able to create your investment strategy. This provides the framework for managing your financial assets going forward. It clearly sets out your investment objectives, income needs, timeframes, asset mix guidelines, security selection criteria and review process. Your investment strategy helps keep your investment goals and preferences in clear focus. It also provides a benchmark for measuring the progress you're making towards achieving your goals.
We will also create a formal Investment Policy Statement (IPS), which is your specific mandate that details all your objectives, goals and constraints in managing your portfolio. You can think of it as the charter or master plan that we create to manage your portfolio on a discretionary basis.
Step 3: Building your custom-designed portfolio
Once you've approved your investment strategy and IPS, we can structure your personal investment portfolio. A top-down strategy is employed to ensure your portfolio is suitably aligned with the market outlook. Stocks are screened by the RBC Wealth Management Portfolio Advisory Group based primarily on fundamental research to identify companies that have the potential to return, on a sustainable basis, a significant or growing amount of cash flow to investors. We also actively apply technical analysis as an additional method of evaluating investments and identifying trading opportunities.
Our team also has access to leading-edge investment strategy and research provided by the RBC Investment Strategy Committee, RBC Capital Markets and third-party, independent firms.
You will have a diversified portfolio that conforms to the guidelines and direction you set in advance, over an agreed-upon period of time.
Step 4: Managing your portfolio
Actively managing your portfolio and monitoring your progress towards your continued success is essential. We will ensure your portfolio complies with your investment policy guidelines and review your portfolio and performance with you on a regular basis. You will also receive detailed account statements, portfolio review statements, and tax reporting documents.
Helping you achieve your personal and financial goals
Wealth management is a comprehensive approach to helping you achieve your financial vision and it extends far beyond portfolio management. Together with our partners, we offer a full suite of wealth management services dedicated to your financial well-being, including financial, tax and estate planning.
For more information, please contact us today.
