We work with select professionals, families, and businesses who require custom wealth management advice and independent, non-biased thinking.
Our clients choose us because they need more than what a salesperson or algorithm can provide, and appreciate that we: Determine whether we can add value in advance before accepting a new mandate, balance traditional wealth building values and techniques with timely, relevant thinking and stand out by focusing on prudence, not products.
Professionals at your service
Leaning on experience and industry accreditations, our team of experts helps bring financial peace of mind to clients like you.
It all starts with you
Our personal approach and personalized service centres on you, and it begins with getting to know you, your needs, and your goals.
What we do
We design investment portfolios tailored to your current and future needs, using a disciplined process to keep you on track. Whether your goal is growing wealth, generating income, minimizing taxes, or retirement planning, we customize solutions to your circumstances. Before recommending anything, we review your financial situation, define your risk tolerance, and set realistic long-term objectives aligned with your comfort level. We may also connect you with RBC specialists in insurance, estate planning, and business planning to ensure every financial need and life stage is planned for.
How we do it
Our four-step portfolio process is designed to keep your investments aligned with your goals at every stage. We begin with a discovery meeting to understand your needs, goals, time horizon, and risk tolerance. Next, we develop an Investment Policy Statement as the guiding principles for managing your portfolio. Using this foundation, we build a personalized mix of stocks, bonds, and cash, collaborating with investment strategists and research analysts. Finally, we consistently monitor and review your portfolio, adjusting to maintain alignment with your objectives in changing market conditions.
Plan for tomorrow – today
Planning for a long and healthy retirement involves far more than just considering your finances – it also includes taking a close look at your mental health, physical wellness, future caregiving needs, and more. In coordination with experts across RBC, we offer programs and solutions that can help you navigate these decisions and plan for the years ahead.
Your health
We’ll connect you to our strategic partners and empower you to make positive changes in your life as you enter retirement.
Your support needs
We’ll facilitate discussions that help you make informed decisions on your future eldercare and living needs.
Your finances
We’ll create investment strategies and wealth management plans that align with your unique financial goals and priorities
Your legacy
We’ll coordinate with specialists across RBC to help you build a tax-smart, all-encompassing Will and estate plan.
Guides
Get a better vantage point on your financial picture with these informative guides penned by the RBC Family Office Services team.
Estate planning guide
How planning for tomorrow – today – can help your estate aspirations
Financial planning facts
Comprehensive list of key information, such as deadlines, contribution limits, and tax facts
Tax reporting guide
Summary of the important dates and tax information required for your annual tax return
Frequently asked questions
1. Are you accepting new clients?
A: Yes, when it is determined that we can add value.
2. What do your services cost?
A: Our rate depends on the size and complexity of the mandate. Some fee structures are tax deductible and some are not, and while we like to compete on value, not cost, it's rare for us to accept a new client if we can not lower their overall cost.
3. Do you have a minimum account size?
A: Yes, but this is mandate specific. We've accepted rather small mandates because it was determined that we could quickly add a significant amount of value, and turned down rather large mandates when it was clear that "fit" did not exist. If you believe you require an exceptionally high level of advice and service, we'd be happy to discuss the pros and cons of working together, and we're always happy to recommend a talented advisor for investors who may not meet our minimum requirements.
4. What does your average client look like?
A: Our clients tend to be "technically minded" professionals like engineers, accountants, and executives who often have complicated pay packages, unique employment arrangements, and pay high amounts of tax. They also tend to have liquid portfolios above $2 Million or are very serious about getting there. A common thread with our clients is that they're often capable of managing their own wealth, but have chosen not to for very clear and personal reasons.
5. Are you obliged to act in my best interest at all times (in other words, are you a fiduciary)?
A: Yes.
6. Do you accept referrals?
A: Yes. A significant number of new mandates come from existing client referrals.
7. Do you host speaking engagements?
A: Yes. We're happy to speak to groups on a range of timely topics.
8. Do you travel?
A: Yes, since our clients reside in many different places it's common for us to meet outside of the office.
9. Are you predisposed to a certain investments?
A: No. All investment advice is custom and unique to the individual. There is no bias toward a particular type of security, asset class or provider.
10. I'm a sophisticated investor and would like advice on hedge funds, structured products, real-estate etc. Do you provide advice on these asset classes?
A: Yes.
11. Will you advise my entire family, even if my children are new investors?
A: Yes, however this is evaluated on a case by case basis.
12. I currently use an advisor. What can I gain from meeting you?
A: It's hard to say. If your current advisor is Warren Buffett, than probably not much. Otherwise, we only take on a new mandate after a thorough analysis has been completed to determine exactly what can be improved upon. One thing is clear, if we agree to work together, you'll know the benefits well in advance.
13. What credentials do you have?
A: The CFA designation stands for Chartered Financial Analyst and is the global standard in professional wealth management. It is an extremely sought after designation held mainly by portfolio managers and fund managers.
The CPA designation stands for Certified Public Accountant and is the American equivalent to Canada's former Chartered Accountant (CA) designation (now CPA in Canada as well).
The FMA designation stands for Financial Management Advisor and is an advanced financial planning designation made up of the Canadian Securities Course, the Personal Financial Planning Course, and the Wealth Management Techniques Course offered by the Canadian Securities Institute. The FMA designation allows wealth managers to provide highly detailed, professional advice on tax, estate, and financial management issues in Canada.
The M.Sc designation stands for Masters in Science and is closely related to the common MBA program. Nicholas completed his Masters in Financial Science and Accountancy degree at The University of Notre Dame in Indiana. This program focused on the more technical aspects of global accounting and finance.
Insights
Read the latest on markets and more from our team as well as experts and thought leaders at RBC.