Earning the right to our clients’ business.
Taking the time to truly understand all of those things that are important to our clients, we develop and customize our approach accordingly. We must comprehend where it is that you aim to go, as “getting there” is made easier with a map and a disciplined approach to navigation. Planning and revisiting progress and goals through ongoing communication, our clients know exactly how their wealth is being managed. Our team outlines the process for every client right from the beginning.
New Client Experience
1. Introductory Meeting – During the initial client meeting we would like to welcome you and discover if our team is the right fit for you and your family. We will discuss the wealth management process and what components of it are relevant and important to your financial solutions. We want to understand what is important to you, and we will address any initial questions you may have about being a client of RBC Dominion Securities.
2. Developmental Meeting – At the second meeting we review an initial financial plan based on your current situation and knowledge of future circumstances. This discussion will address cash management, risk management, debt management, and investment management. At this time we will examine what asset allocation is most appropriate. Data collected in this meeting will later be used in the construction of an Investment Policy Statement – a document outlining your current circumstances and investment objectives. Information collected in this meeting will also be used in the development of your personalized service plan, and in booking any required meetings (e.g., more in-depth financial and estate planning discussions).
3. Presentation meeting – During this meeting, we will present the proposal on investible assets, ensuring understanding and discussing expectations. We will also discuss your personalized service plan which will detail the services, reporting and reviewing you will receive from RBC Dominion Securities. Next steps will also be discussed for executing your financial and estate plan if needed.
4. Review Process – Your accounts will be continuously monitored for opportunities and necessary adjustments. On a monthly to quarterly basis we will discuss your portfolio’s progress to review that your goals and objectives are aligned. Annually, we will conduct a meeting to examine your overall portfolio and financial plan to ensure that all is still on track.