MacDonald Wealth Management of RBC Dominion Securities
Integrity, Competence and Professionalism
At MacDonald Wealth Management of RBC Dominion Securities, we put your needs first
As experienced wealth managers working with professionals, executives and business owners, we provide a holistic approach to the management of your personal and professional finances by employing integrated strategies focused on consistent, long-term growth. Whether you're pursuing your professional goals or enjoying retirement, as our client you can expect a personalized plan for growing and preserving your wealth.
We are committed to:
- Taking the time to understand you and your unique situation
- Freeing you from the burdens of day-to-day investment management
- Offering perspective on your personal situation beyond investing
Professionals at your service
Leaning on experience and industry accreditations, our team of experts helps bring financial peace of mind to clients like you.
Our Process
At MacDonald Wealth Management of RBC Dominion Securities, we employ a five-step integrated wealth management process to shape and customize the relationship that we have with you. This allows us to stay on track and ensure that you are able to reach your personal financial goals.
1. Introduction
This is a chance for you to get to know us and the investment and wealth planning services we provide. It also helps us understand what is important to you and ensure that we can add value to your personal situation.
2. Discovery
We take the time to get to know the financial circumstances of the individuals and families that we work with. We listen to you to gain a deeper understanding of what needs, goals and aspirations you and your family share. This process allows us to focus on what is most important to you.
3. Strategy
Our team of professionals will evaluate your objectives and match these with our knowledge of financial markets and proven wealth planning strategies. We will shape a strategy that fits with your personal circumstances to help you reach your financial and life goals. This includes the development of an investment policy statement (IPS), which is the blueprint for the management of your investment portfolio, as well as what financial, estate and tax strategies are best suited to your needs.
4. Implementation
We build your customized investment portfolio based on our agreed upon specifications and begin the necessary steps to implement your personal wealth planning strategy.
5. Ongoing Management and Review
We monitor your progress on an ongoing basis and provide regular updates to ensure we are on track to meeting your goals and keeping up with your changing needs. We provide a comprehensive quarterly performance summary of your total portfolio so you always know where you stand relative to your objectives.
Investment Management
At MacDonald Wealth Management of RBC Dominion Securities, we offer an exclusive discretionary investment management service through RBC's Private Investment Management (PIM) program. Whether you lack the time, experience or desire to manage your portfolio on a day-to-day basis, our service allows you to focus on what is important in your life - living it!
Your portfolio is customized to your individual circumstances and managed according to the highest ethical and professional standards. Your portfolio manager will manage your portfolio within a set of strict PIM guidelines and your own personal Investment Policy Statement. This allows you to determine the overall strategy of your investments, while giving your portfolio manager the freedom to capitalize on timely investment opportunities on your behalf.
A Disciplined Approach to Investing
We believe in protecting and building your wealth over the long term. A well-designed asset allocation plan coupled with a focus on investing in a diversified portfolio of high quality companies helps to manage risk and preserve your capital. We look to purchase companies with a proven track record of growing earnings and dividends on a consistent basis over time. Depending on your long-term goals and risk tolerance, we use a combination of domestic and global equity and fixed income investments to build your customized portfolio.
Diversification
Proper diversification ensures that you are not overexposed to any single investment, asset class or geographic location thereby spreading your risk. We believe this to be a fundamental component of investing. In addition, having a disciplined rebalancing strategy forces you to take profits on a regular basis and ensures that you are not over exposed to additional unanticipated risk.
Investment Policy Statement
After understanding your long-term objectives we create an Investment Policy Statement, which reviews the guidelines that we will uphold when managing your portfolio. It outlines the following important items:
- Investment objectives
- Risk tolerance
- Time horizon
- Income requirements
- Tax considerations
- Asset allocation
- Security selection guidelines
- Portfolio review
Wealth Management
Reaching your financial goals is about more than just investments; it takes careful planning to address the complexity of your personal and business situation.
Through our integrated wealth management process, we will evaluate your entire financial picture to create a consolidated strategy that strives to optimize the financial decisions you and your family will face throughout the different stages of your lives.
In this pursuit, we will draw on the expertise of specialists from RBC Wealth Management, which includes financial planners, tax specialists and estate planning professionals from our Wealth Management Services team.
Financial Planning
A comprehensive financial plan is designed to address all aspects of your financial circumstances. This includes debt and cash management, investment and retirement planning, risk management, as well as advanced tax and estate planning strategies.
Retirement Planning
One of the most stressful times for many people is the transition from accumulating resources to living off them. Beginning with creating a stable income stream to the use of strategic withdrawals to minimize tax, we can help you optimize the resources that you have in order to maintain your desired lifestyle.
Estate Planning
Establishing an estate plan is a vital component to protecting what you have built for future generations. We can provide guidance on how to most effectively structure your estate to minimize personal and corporate taxes and create the legacy you desire.
Tax Planning
Minimizing taxes can have a major impact on your overall financial circumstances. We can help ensure you are taking advantage of proven strategies to minimize taxes payable; thereby keeping more of what your family earns.
Insurance Planning
Personal and corporate insurance-based strategies can protect your wealth, boost retirement income and enhance the value of your estate. With the help of our insurance specialist, we work with you to identify any opportunities that may exist to meet these objectives.