Kennedy Wealth Management Group

Wealth management should be all-encompassing

At the Kennedy Wealth Management Group of RBC Dominion Securities, we understand that when you’re managing significant wealth – and accomplishing what you want to with it – investing is just the tip of the iceberg. We coordinate our investment expertise with partners at RBC to ensure you’re covered in key areas like tax, insurance, Will and estate planning, retirement planning and business succession. Through the resources and experience of our team, you’ll enjoy the benefits of a total, coordinated wealth management strategy.

There’s no one-size-fits all solution to reaching your goals

Wealth is what you make it, and your wealth strategy should be guided by the specific life goals you and your family hold. Whether you’re saving for a family cottage, securing a comfortable retirement or helping a child pay for their education, we will help make these goals manageable with a fully personalized investment plan adjusted for your growth, income, risk, and timing requirements.

Only after gaining a full understanding of your circumstances and goals do we make any recommendations. From there, we can create a personalized investment strategy, which includes guidelines on overall asset allocation among stocks, bonds and cash and specific criteria for the quality of individual investments. As your needs and goals evolve over time, we will revisit the strategy and portfolio to keep it aligned with current needs and market conditions.

Some of our clients include:

Investors who want to ensure their overall wealth is structured tax-efficiently
Busy entrepreneurs, professionals and executives
Retirees looking to maximize after-tax income and focus on travel or other retirement plans
Individuals responsible for family investments
People who have had a change in marital status and are now managing family finances for the first time

Our portfolios are backed by highest credentials, oversight and research

As a qualified Portfolio Manager, Ian Kennedy is among a select few Investment Advisors able to offer our premium advisor-managed portfolio service: Private Investment Management (PIM). In consultation with you, your PIM portfolio will be constructed with such factors as your growth requirements, income needs and risk tolerance in mind. We handle all the details on an ongoing basis, working within specific guidelines established in your Investment Policy Statement. In addition, an extensive team of RBC Dominion Securities professionals provides:

Investment strategy and research
Program standards for portfolio composition, quality and risk levels
Third-party oversight to ensure alignment with your IPS and program standards

Ian can take advantage of investment opportunities quickly and efficiently because your approval is not required for every single transaction. Robust investment management guidelines, checks and balances and formal reviews ensure that your portfolio is managed to the highest standards of ethics and professionalism.

With extensive collective insight and experience, our team knows that the key to investment management doesn’t have to be daunting or worrisome.

A plan for your priorities

Getting the right investment advice is a key part of managing wealth. But it's just one part of a bigger picture.

That's why you deserve a coordinated wealth management strategy that helps to address the financial concerns at each stage of life, such as:

Growing assets for future goals like retirement
Maintaining assets to protect financial well-being
Creating an income stream for retirement
Creating a lasting legacy

View transcript & Disclaimer

Do you ever find yourself asking questions like, how can I manage my family's higher tax burden and lower our taxes? How can I reduce the financial risks facing my family? How can I maximize my after-tax retirement income? How can I leave a greater legacy to my family and charity? If you're asking questions like these, you may have reached a stage in life where your financial affairs have become more complex.

That's where wealth management can help. So, what is wealth management? Wealth management is a term often used synonymously with investment management. But it's actually much more than that. Wealth management goes beyond investment management to look at your overall financial situation. It brings together the different areas of expertise and solutions you need in a single overall wealth plan.

This includes investing, financial planning, tax minimization strategies, retirement planning, business succession planning, wealth protection strategies, and estate planning. Essentially, wealth management looks at everything you need to address your various financial concerns at each stage of your life, from building your wealth for future goals like retirement to converting your wealth into a tax-efficient retirement income to transferring your wealth to the next generation.

One of the most important benefits of wealth management is that it's a coordinated approach. That means that you have one key advisor who links in experts from other areas. For example, RBC wealth advisors each specialize in different areas, such as investment management, financial planning, or private banking. But they work together to make sure their clients have the benefits of all of these different areas of expertise.

And at RBC, each of our wealth advisors also has the support of the RBC wealth management services team. The RBC wealth management services team has over 200 tax, legal, and financial experts all focused on helping RBC advisors manage their clients' wealth.

So what is wealth management? Ultimately, wealth management is really all about helping you make sense of the greater financial complexity you face and giving you greater confidence in your financial future. If you would like to learn more about how you can benefit from wealth management, I invite you to contact your RBC wealth management advisor.

This video is provided by RBC Wealth Management for informational purposes only. The comments contained in this video are general in nature, and do not constitute legal, investment, trust, estate, accounting or tax advice. RBC Dominion Securities Inc.*, Royal Trust Corporation of Canada, The Royal Trust Company, RBC PH&N Investment Counsel Inc., RBC Wealth Management Financial Services Inc. are affiliated corporate entities and member companies of RBC Wealth Management, a business segment of Royal Bank of Canada. *Member – Canadian Investor Protection Fund. Please visit www.rbc.com/legal/ for further information on the entities that are member companies of RBC Wealth Management. ®/TM Trademark(s) of Royal Bank of Canada. Used under license. © 2021 Royal Bank of Canada. All rights reserved.