Wealth encompasses so much more than just investments. It takes a caring approach to help understand your goals and your needs. Our goal is for you to be a part of our family and for us to be a part of yours. - Paul Philps
Based out of Vernon in the beautiful North Okanagan, our highly qualified team thrives on helping clients achieve their wealth management goals. We value strong, long-term relationships, the foundation of which is getting to know you and understanding your unique situation. Our expertise and access to extensive resources provide you with confidence in your financial future through a customized wealth strategy, created specifically for you.
Professionals at your service
Working with Philps Private Wealth means that you have the confidence of having a team of trained professionals on your side to guide you through every aspect of the financial planning process. We draw on the extensive resources that are available through RBC Wealth Management and RBC Capital Markets to provide informed and customized wealth strategy solutions. We value strong, long-term relationships built on trust. Expert wealth management, a caring and individualized approach, and commitment to client service excellence are our principles for each client relationship. We are here to help you plan every aspect of your financial future, including structuring your portfolio, business succession and family enterprise planning, insurance needs, and estate and tax strategies.
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 to meet your needs, both now and in the future, with a disciplined process to help keep you on track. Whether your goal is growing wealth, generating income, minimizing taxes or planning for retirement, we tailor solutions to your circumstances. Before recommending anything, we review your situation in depth, define your risk tolerance, and set realistic long-term objectives aligned with your comfort level. Depending on your needs, we may also connect you with our network of RBC specialists—in areas like insurance, estate planning and business planning—to ensure that every financial need and life stage is well planned for.
How we do it
Years of experience have allowed us to create a well-defined process that we apply to every client relationship:
We start by taking the time to get to know you so that we can understand your priorities and goals, including conducting a full discovery of your situation.
With that knowledge, we develop a custom wealth management plan and utilize our unparalleled access to products and services that will provide you with the optimal solution.
We will assist with every step of setting up your financial plan. With permission, we will work with your trusted legal and tax professionals to create a cohesive and well executed strategy.
To ensure consistent progress toward your goals, we proactively monitor and review your performance and goal realization.
Because life is full of changes and constantly evolving, we keep in touch regularly to revisit your objectives and make changes to keep your goals within reach.
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
Insights
Read the latest on markets and more from our team as well as experts and thought leaders at RBC.