Moffat Wealth Management of RBC Dominion Securities
Financial clarity and guidance for executives
Your unique financial situation deserves experienced, personalized advice
With 30+ years advising insiders, executives and company officers, we understand the distinct challenges and opportunities of concentrated wealth created by company shares, vested options, restricted shares and employee stock purchase plans. We put that experience to work for you—helping safeguard your assets, plan proactively and design customized strategies for peace of mind at every career stage.
Specialized expertise
The majority of our clients have built significant net worth through concentrated wealth, which requires a specialized skill set to manage effectively.
Coordinated action
From concentration risk and tax implications to shareholder obligations and long-term income planning, we help coordinate every detail and decision.
Increased resilience
We guide the transition from a concentrated position to a more balanced portfolio aligned with your long-term goals and built to endure.
A note from Senior Portfolio Manager Stephen Moffat
Over the course of my three-decade career, I've identified four fundamental philosophies that consistently distinguish clients who achieve long-term financial success from those who don't.
It's all about net worth
Your investment portfolio tells only part of your financial story. True financial success is measured by total net worth—and that means treating debt repayment as seriously as asset growth.
Follow a personalized financial plan
Know where you stand, where you want to be and how to get there. Equity investing requires discipline during downturns. The clients who succeed aren't swayed by market fear; they stay committed to a plan.
Focus on the long term
You're investing in businesses, not betting on stock movements. Great companies generate consistent profits over decades, but even the best businesses can't control short-term share prices during market uncertainty. Invest in proven models with strong fundamentals.
Tax is important, not paramount
Tax planning matters, but it shouldn't drive your investment decisions. Over the years, I've witnessed costly mistakes when investors prioritized tax savings over sound strategy. Security selection comes first; tax efficiency follows.
“It's all about net worth. Stop thinking about buying a stock or a fund, or growing your stocks or funds as the only way to success. For most people, the true real measure of financial success, the kind that leads to achieving the lifestyle and legacy you want, is net worth.”
—Stephen Moffat
Learn more about the fundamentals of successful investors here.
Professionals at your service
Leaning on experience and industry accreditations, our team of experts helps bring financial peace of mind to clients like you.
The Moffat Wealth Management Program
Established in 1997, the Moffat Wealth Management Program was developed through extensive market research and conversations with high-net-worth individuals. We identified a consistent need for a comprehensive, integrated approach that addresses all aspects of financial life across three key phases: accumulation, retirement and wealth succession.
What our clients need
Through these conversations, we discovered that successful wealth management means:
- Simplifying complex financial matters
- Gaining clarity on net worth and asset allocation
- Understanding investment risks and strategy
- Receiving transparent explanations of recommendations
- Organizing accounts and tracking performance
- Creating actionable retirement savings plns
- Integrating estate planning and insurance into overall strategy
- Increasing financial predictability and reducing uncertainty
- Accessing proactive, forward-thinking guidance
- Receiving meaningful, useful reporting
- Reclaiming time for what matters most
Our investment philosophy
Why the Moffat Wealth Management Program was created
For most people, wealth is built through hard work and disciplined spending. Given the effort required to earn and save, your net worth deserves equally rigorous management.
Too often, investors make ad hoc decisions based on stock tips or market trends, creating portfolios with no correlation or predictability. This approach leaves wealth creation to chance rather than strategy.
The Moffat Wealth Management Program systematically applies risk/reward analysis to both portfolio construction and individual security selection, providing greater predictability for your investments and a truly integrated strategy for managing your entire net worth.
Why net worth matters
Net worth extends far beyond stocks and bonds. It includes real estate, personal businesses, trusts, holding companies, employee options, and debt obligations—all of which compete for your capital annually.
Many advisors automatically direct savings into mutual funds or stocks. But we believe that optimal capital allocation requires broader thinking. Sometimes the best investment may be real estate, a home improvement, a business venture, or even debt reduction.
We believe that evaluating decisions through a comprehensive net worth lens may lead to better financial choices and greater long-term wealth creation.
Our integrated wealth management system
The Moffat Wealth Management Program guides you through a collaborative process designed to create a comprehensive, personalized wealth strategy.
What the eight steps accomplish
1. Family profile – We learn about you, your family, and your objective
2. Net-worth analysis – We conduct a thorough review of your financial situation and identify opportunities for improved efficiency and goal alignment
3. Financial planning – Our accredited financial planner designed a personalized roadmap tailored to your circumstances and establishes measurable milestones
4. Investment Policy Statement (IPS) – We develop your IPS—a detailed document defining your investment objectives, timeline, risk tolerance, and key considerations
5. Investment strategy – We present our recommended investment approach with emphasis on your understanding and confidence
6. Income projection – We model your sustainable retirement income and explore tax-efficient strategies to maximize it
7. Estate planning and insurance – Working with RBC Wealth Management's estate planning specialists, we review your estate plan and recommend appropriate insurance solutions for wealth preservation
8. Comprehensive review – We conduct a thorough strategy review, address your questions, and finalize a fully customized plan together
Our process establishes a practical foundation for your wealth management while keeping you actively involved at every stage.
Overcoming challenges, capitalizing on opportunities
Starting, growing, and selling a business comes with challenges and opportunities that—with the right support—can be overcome and capitalized on. We help you do just that by working closely with our world-class RBC partners, providing expert advice in a range of key areas to help protect what you’ve worked so hard to build.
Asset management
We’ll help you protect your business and personal assets as tax-efficiently as possible, proactively addressing your needs and seeking avenues for future growth.
Tax planning
We’ll help you make the most of your hard-earned wealth by recommending potential tax strategies that are aligned with your business goals and objectives.
Business growth
We’ll work with our partners at RBC Business Financial Services to help you leverage credit to promote growth and improve cash flow for your business.
Workforce support
We’ll make taking care of your employees easier by helping you develop employer-sponsored group retirement saving plans and group benefits packages from RBC Insurance.
Succession planning
Whether you plan on selling your business, transferring it to a family member, or setting up a buyout, we’ll provide you with comprehensive strategies to make it as smooth as possible.
Retirement planning
Exiting your business is the start of a new and exciting chapter, and we’ll ensure you have a robust plan in place to help you make the most of it.
Guides
Get a better vantage point on your financial picture with these informative guides.
Online contribution guide
Learn how to transfer funds from your bank account to your RBC DS account
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
Insights
Read the latest on markets and more from our team as well as experts and thought leaders at RBC.