Providing Guidance for Your Family's Future

The common triggers for establishing a relationship with our group include ensuring that wealth is transferred to future generations, preserving family wealth, developing tax efficient income, consolidating assets and dealing with sudden influx of liquidity, most commonly relating to a business or property sale or significant inheritance. These resources are designed with the intention to provide guidance to families seeking what is commonly referred to as private family wealth management services.

We hope you will find this guide helpful and illuminating for your decision-making as you plan a path for your family into the future.

Business & Family Advisory

One of our core competencies is providing advisory services tailored to business owners, which include:

  • Tax-advantaged investment strategies
  • Executive and key person insurance strategies
  • Business succession planning
  • Sale of a business
  • Business valuation
  • Foreign exchange hedging
  • Commodity price hedging
  • Debt/equity financing, bridge financing, structured financing, mergers and acquisitions through our established relationship with RBC Capital Markets

Estate & Wealth Transfer

Affluent families are finding tremendous benefit in business succession and legacy planning, enabling the transfer of wealth in the most efficient manner to the next generation. These services include:

  • Wealth protection, transfer analysis and planning
  • Customized services for estate settlement and administration through Royal Trust
  • Professional guidance regarding wealth transfer to succeeding generations

Insurance Services

Our insurance services experts are able to shop the market to find the most comprehensive solutions. These services include:

  • Risk analysis and measurement
  • Assessment of insurance requirements, policy acquisition and monitoring
  • Evaluation of existing policies

Executing these services in an efficient and comprehensive manor requires extensive knowledge, and a broad range of subject matter experts with vast experience and immense infrastructure. These specialized and diverse resources make wealth management services a practical and often necessary choice.

Risk Management

Preserving family wealth is an extremely complex task. The global economic landscape is increasingly volatile and families with significant business assets or private wealth clearly have an interest in stabilizing their wealth against this backdrop.

The recent financial crisis has led families to reconsider their approach and behavior toward risk. Perceptions of risk are often subjective and can only be averted through a stringent and structured risk management process focusing on long-term objectives.

Wealth managers are increasingly tasked with complementing their existing standard risk measures with additional techniques — an optimal diversification or asset allocation strategy, combined with active or highly flexible portfolio management, are the cornerstones of a solid risk management process.

The following parameters provide the core of our risk management framework:

  • Identify which factors could destabilize your portfolio and impact your diversification
  • Awareness that seemingly uncorrelated assets can move in the same direction during corrections
  • Awareness of “imperfect” knowledge
  • Initiate critical analysis on and identify potential impact of geopolitical events

Risk Management Process

Risk Review

  • Establish which level of risk is acceptable
  • Define a common understanding of the risks amongst various strategies

Risk Identification

  • Identify and document qualitative and quantitative risks
  • Define the main drivers of volatility amongst assets classes

Risk Measurement

  • Measure impact of risks on both short- and long-term objectives
  • Prioritize risks according to impact level and likelihood of occurrence

Risk Mitigation

  • Establish measures to mitigate at least top priority risks
  • Establish regular monitoring of the risk landscape

The Investment Process

The investment process is the culmination of the discovery and due diligence ensuing from financial planning, strategy and risk management.

Very broadly, the process will first set out an investment policy statement, listing goals and risk tolerance, including any restrictions and/or specific circumstances or requirements.

The next phase is to establish the portfolio asset allocation (equities vs. fixed income vs. alternatives vs. real estate, etc.) to deliver the required results. Implementation and monitoring then follow — finding the appropriate investments to make up the portfolio, and monitoring performance.