RBC Family Office Services

By drawing on the RBC Family Office Services team of highly accredited lawyers, accountants and financial planning professionals, advisors are able to deliver the level of integrated wealth management expertise that previously was available only to the most affluent families.

Our approach

Find out how our holistic approach to wealth management helps our clients reach their financial goals. From tax strategies to investment management, our team of highly-skilled specialists can help with a variety of personal and professional needs.

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ABOUT

What services do we offer?

Working alongside RBC advisors, the professionals within RBC Family Office Services specialize in a number of areas that cater to the complex needs and goals of clients and families, while also uncovering a variety of opportunities for them.

Deep Client Service Experience

Over 900 years of collective client service provided via current employee roles.

Reputable Knowledge and Skills Delivered at Scale

Over 200 highly accredited lawyers, accountants and financial planning specialists located across Canada (largest team of wealth planning professionals in Canada).

Experienced Management Team

Dedicated team of leaders with substantial years of collective wealth planning experience.

Meeting high-net-worth clients' goals and needs

Develop a comprehensive financial plan for clients that includes projections to determine if they are on track to meet their goals such as retirement, estate, and risk management
Help clients take a financial planning approach related to every financial decision that impacts their life

Provide tax-efficient strategies to transfer the client’s wealth to chosen beneficiaries
Review the client’s current Will and provide Will and estate planning recommendations consistent with their objectives
Help clients determine which trust solutions may be appropriate for them based on their family situation and objectives

Determine strategies to help clients effectively transition from their business in a tax-effective manner
Identify missing elements of business owner clients' succession plans and provide strategies and solutions to fill in the gaps
Assist in implementing an Individual Pension Plan for clients or their key employees as part of their succession plan
Assist in providing clients with an overall financial plan and contingency plan as part of their business succession plan

Help clients determine which charitable giving strategies are most suitable based on their objectives
Assist clients and their family in implementing a charitable foundation to minimize tax and leave a lasting legacy

Provide clients with strategies and a variety of options to fund their children’s or grandchildren’s education in the most tax-effective manner
Through a financial plan, determine the required annual savings to meet the client’s education funding goals

Recommend strategies to help clients reduce their family's tax burden
Discuss strategies to minimize tax through structures such as family trusts, holding companies and insurance
Provide specific corporate and personal tax planning strategies for business owners

Assist clients in analyzing the need for insurance to provide for the client’s loved ones in the event of a disability or death
Deliver creative insurance strategies to minimize tax, maximize the client's estate, increase retirement income or create a legacy

Help clients determine strategies and techniques to meet their retirement income goals
Provide clients with strategies to maximize their after-tax retirement income

Provide creative strategies to minimize tax during the client’s lifetime and maximize their estate for their holding company assets
Provide robust, consolidated financial reporting to corporations owning significant investment portfolios and seeking professional administration

Offer individual and family consultations to discuss earning and saving, investing, and planning at all life stages
Provide educational tools and resources to help clients and their family members build strong financial management skills

Provide clients with information and strategies on U.S. tax and estate planning related to issues such as purchasing U.S. properties, moving to and from the U.S. and U.S. citizens living in Canada
Discuss international planning strategies and issues of owning foreign assets and having family members located outside Canada

Consolidating assets for a secure, successful retirement

Jean-Pierre and Sharon are ready for the next step of their wealth journey – retirement. Find out how consolidating their assets and a custom financial plan helped this family feel secure and excited about their new life chapter.

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CAREERS

Join the Family Office Services team

The RBC Family Office Services team – comprising financial, legal, estate, taxation, business owner, and business succession planning specialists – supports advisors across RBC Wealth Management Canada and is passionate about delivering integrated wealth management and planning that exceeds client expectations.

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Business Owner Specialists

Develop a comprehensive and holistic plan focused on a business owner’s personal and corporate planning objectives. Strategies related to business risk, transition, succession, retirement and tax are identified and evaluated to address planning needs.

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High Net Worth Planning Services

Provide customized tax and estate planning guidance, overall wealth planning and business succession planning for higher-net-worth families.

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Financial Planning Specialists and Consultants

Prepare customized and comprehensive personal financial plans incorporating tax, financial, retirement, risk management and estate planning strategies.

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Will & Estate Consultants

Offer specialized Will, estate and succession planning strategies from a legal and tax perspective, tailored to meet the client’s personal planning objectives, which the client can discuss with their own independent legal and tax specialists to implement.

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Philanthropic Advisory Services

Supports wealth advisors in the sales forces of Wealth Management Canada and RBC Private Banking. Similar to the WEC, FPS and HNW roles, the Philanthropic Advisory Services team (PAS) supports advisors in helping clients include charitable giving as part of their overall wealth plan.