Our practice is built on the fundamental belief that it begins with you – your goals, your investment style and your long-term needs. Wealth Management is a comprehensive approach to help you achieve your goals in life. It gives you the confidence to make sound financial decisions, freedom to live the life you want and a clear roadmap for your financial future.
At Lannan Wealth Management of RBC Dominion Securities we follow a five-step process based on discipline to ensure that we are always focused on what’s important – helping you achieve your financial goals.
Step 1. Discovery
We take the time to understand your financial and non financial goals, your aspirations for the future and your profile as an investor.
Step 2. Vision
Bringing your dreams into focus is our next objective. Here, we outline as specifically as possible, your retirement, tax, estate planning and other goals.
Step 3. Personalized strategies
During this phase we identify any financial issues and develop strategies to best achieve the vision you want your wealth to achieve. We analyze your current plan and portfolio, make projections and explore alternative approaches to help you determine your best course of action. Depending on your situation, we may include:
Investment Policy Statement
Compass Financial Planning
Will and Estate Consultation
Wealth Management Protection
Step 4. Solutions
With a thorough understanding of your goals and situation, we will propose specific investment and financial planning recommendations that best enable you to achieve your vision.
We review your written investment proposal, explain our proprietary 3 discipline security selection methodology and develop thoughtful and creative solutions tailored to your objectives. In addition we will provide a to-do list and illustrations of any retirement, tax, and estate planning strategies that are recommended.
Step 5. Service
Client service is our first priority - keeping you on track, up to date and informed of your progress. With this in mind, we provide the following ongoing services:
Review – We proactively schedule quarterly telephone reviews and Annual or Semi-Annual in person reviews.
Report – In addition to regular statements we produce a quarterly "Consolidated Household Review Package." This informative report includes your personalized rate of return, asset allocation as well as a brief market commentary.
Revise – As you make financial progress towards your goals, we will ensure that your wealth management plan evolves with your needs. We will monitor your progress and make recommendations as required.