Our Approach

After successful careers Jean-Pierre and Sharon have entered retirement. This is their story.

Jean-Pierre: For me it’s very easy. In retirement - what I want to do? I want to do what I want to do when I want to do it. That’s it and obviously financial security is key.

Jean-Pierre & Sharon – Recently retired – RBC Wealth Management Clients

Sharon: We wanted to know that our finances were being handled properly, well looked after…

Jean-Pierre: …and at that time I was dealing with four different financial institutions. So I decided to consolidate everything within one.

Jean-Pierre: Since we decided to consolidate our financial affairs, we’re taking full advantage of every service.

Bryan Stephens, CFA, MBA, CFP, TEP – Investment Counsellor, Phillips, Hager & North Investment Counsel Inc. – RBC Wealth Management

Bryan: They were looking at consolidating things, they didn’t really know what the assets were going to deliver in terms of an income. We brought the assets in and did the financial planning and projections and showed them that you actually have more income than you thought. Then we moved on to bring in other experts to talk to them about trust structures, and tax planning and estate planning.

Jean-Pierre: We had the very comprehensive financial plan that was done for us through Adelle. That was a great service.

Adelle Léger, CPA, CA, CFP – Vice-President, Financial Planning Specialist, RBC Dominion Securities Inc. – RBC Wealth Management

Adelle: As many parents want to do, they want to help their children and their grandchildren. They wanted to make sure that they could, a) do it, and still reach their financial goals but also do it in a more tax efficient manner.

So we suggested that they set up a trust so that they could income split on the investment income derived from that capital.

Jean-Pierre: We had a will but it was, would you say, twenty years outdated.

Sharon: Oh, no, no, no, 35.

Jean-Pierre: 35 years outdated. So it was a great suggestion to say you better bring your will up to date. So we did that through the estate planning offered by Kathryn.

Kathryn Aitkenhead, LL.M., CFP, TEP – Vice-President, Will and Estate Consultant, RBC Dominion Securities Inc. – RBC Wealth Management

Sharon: She really asked a lot of questions about our family so that she could steer us in the right direction based on what we wanted.

Jean-Pierre: ‘Cause none of us are experts in estate planning. And this is a very important part of your life and of your financial security. And it was nice to deal with an expert in this area.

Rosie Marrone – Private Banker – RBC Wealth Management

Rosie: We form a team and all of us work together in providing a customized financial solution.

Rosie: The financial plan that we provided demonstrated to them that all the lifestyle goals that they had for themselves were going to be met and then some.

Jean-Pierre: It provided us the feeling of security, would you say? Knowing that, you know, the money was there. Not only for us but also for our children and grandchildren, and that was important to us.

Sharon: It’s a big relief and you just know that you’re going to go forward with your life in the manner that you want to.

Jean-Pierre: Well you can’t put a price to this.

Sharon: It’s invaluable.

Jean-Pierre: Yeah, invaluable.

Closing Narrative:

RBC Wealth Management is Canada’s leading wealth manager.

Our approach brings the best of RBC to you; our resources, solutions and full access to our team of experts – through one single contact, your wealth manager.

Simply put, there’s wealth in our approach.