Livingston Wealth Management Group of RBC Dominion Securities
The answers you need, a plan you can trust
We have the expertise to help make your dreams become a reality by helping you navigate financial complexity with clarity.
Success in investing isn't about guessing which stock is going to be up today or down tomorrow. It's about creating a long-term plan that speaks to your unique needs and circumstances, takes every aspect of your financial life into account, and helps you realize the goals you want to achieve, when you want to achieve them.
As a client of Livingston Wealth Management Group, you will benefit from the ongoing clarity and confidence that comes with knowing you're on the right track. Plus, once your initial plan is established, we will continually review your investments to measure how well they are performing against your priorities and objectives. We also adjust for any changes in your personal, professional or financial circumstances, making sure we're doing everything we can to help ensure your financial success.
Meet the team
At Livingston Wealth Management Group, we are committed to delivering a comprehensive approach to wealth management through our experienced team of professionals. Each member brings unique expertise, ensuring we effectively guide our clients towards achieving their financial goals.
Welcome to the “Watermark System" — our process for optimizing all aspects of your wealth management.
The Livingston team helps investors like you mitigate risks, gain a sense of what is possible, clearly measure the progress of their goals, and enable confidence that you are doing everything you can to capture the best opportunities. Our unique planning matrix brings all of this into clear focus and keeps you there year-by-year.
What we do
With a thorough understanding of your situation and aspirations, the Livingston team constructs your personalized wealth management plan. Working closely with you and our extended team of RBC specialists, we help to incorporate strategies in areas such as financial planning, investing, will and estate planning, tax minimization, creative insurance solutions, and more to ensure that all of the interconnected components of your wealth are working in harmony.
How we do it
As a first step, we explore 10 key questions to understand what is most important to you and your family, essentially uncovering the “why” behind your wealth management needs. This includes concerns or dangers you may face, the future milestones you are most excited about, and opportunities that will help you make the most of your wealth. Using this information, we consider how your circumstances can be organized to breathe life into your financial goals.
We answer questions like:
- Are your goals possible?
- Will your current strategies serve you best in the long term?
- Are there any overlooked opportunities?
Learn more about the "Watermark System"
Young Professional Program
Congratulations! You have made it through arduous years of competition, studying, and educational costs to become a practicing professional in your community.
Now that you have been freed from the hours of study, you will be faced with the challenges of building your career, whether that's starting a business, managing staff, or handling a demanding client base. You may be thinking about paying down student debt, accumulating savings, raising a family, or buying a home. We want to ensure that the next generation of professionals have the same opportunities to generate wealth for their families. We understand that you are in the early phase of your journey and want to help in a way that is sustainable for you.
Socially responsible investing
Responsible investing is taking centre stage with Canadian investors – and it’s for good reason, in our view. The time has come to align our investment choices with our values as well as our goals. This may mean focusing on the impact of our funds, or supporting companies with strong environmental, social and governance (ESG) records and making choices accordingly.
Investment strategies incorporating both financial and non-financial factors that can generate value largely fall into four categories: socially responsible investing, ESG integration, impact investing and theme-based sustainable investing.
ESG (environmental, social and governance) investing covers the broadest array of responsible investment concerns and forms the backbone of our commitment to sustainable investing. In practical terms, this means that each of the companies held in our portfolio is put through a “screener” evaluation and assigned a score and a risk rating according to specific ESG criteria.
To ensure sound ESG insights, we engage third-party research from a company called Sustainalytics. They maintain and update an extensive database both here in Canada and the United States. We are regularly updated on changes within any of our held corporations that could affect their risk rating in one of the ESG areas. In the event of a rating change or concerning trend, the investment committee looks to replace the shares with a more suitable option. Evidence shows that companies that score well by ESG standards tend to be more profitable in the long term. We consider this a win-win for the environment, innovation and the health of our portfolios.
Our services
Portfolio management
- Creation of investment strategies and coordination of service offerings and standards
- Due diligence in conjunction with our Investment Management committee to ensure a fulsome discussion around each security in the portfolios
- Vigilant review process to manage your stated Investment Policy
- And more
Wealth and tax planning
- Discovery interview process
- Net worth, budgeting and cash flow analysis
- Development and ongoing review of plans, with illustrations through the Watermark goals-based reporting program
- And more
Administration / reporting
- A complete quarterly Watermark report detailing sector and security allocation and performance metrics (mailed or online)
- Management of online account access (WM Online)
- Efficient response to client requests and needs, ensuring timely turnaround on required transactions
- And more
Insights
Read the latest on markets and more from our team as well as experts and thought leaders at RBC.