At Royal Financial Management, we are committed to building personalized solutions on an individual basis. Over the years, we have been helping our clients from different regions of Canada to achieve their financial goals. We treat our clients as members of our community and they are very special to us. We make financial strategy recommendations in the context of the lifestyle that our clients wish to adopt – their goals, their concerns, and their dreams.
We have strategic alliances with major insurance companies across the country, including the four largest insurers in Canada - Manulife, Sun Life, Canada Life and Industrial Alliance. Our insurance-licensed advisors can offer you the best choice of insurance products and services to meet your personal and business wealth management needs and goals.
Some of the ways we can use our insurance solutions to protect and enhance your personal life include:
- Preserving your estate so that the assets your children inherit are not depleted by substantial tax liabilities.
- Maximizing your estate using the significant tax advantages of life insurance.
- Protecting your quality of life against the financial impact of prolonged illness or injury.
And we can also offer insurance solutions to protect your business and contribute to it's success by:
- Protecting your business against the loss of an owner or key person.
- Protecting your business if an owner or key person suffers an accident, sickness, disability or critical illness.
- Meeting the tax and estate planning needs of transferring business ownership to a family member.
- Education Funding
- Maximizing Cash Flow
Home and cottage renovations – make them pay
Whatever happens down the line, and whether you do the renovations yourself or hire a professional, one thing is certain: you'll have to pay for them. Your financing options include establishing a secured or unsecured line of credit, re-mortgaging, or taking out a loan. Our Consultant can help you determine which financing option is best for you.
Money education — something your kids don't learn in school
The money education starts right from year 4 of your kids when they start learning to save money in their piggy banks, to making their budget plans when they join high schools. It is essential to build 'money maturity' in children because money management skills are vital for achieving their goals in life. If you need any help for making your children aware of the real value for money, give us a call. Our financial advisor will be glad to help you.
Plan to enjoy a debt-free vacation
A travel advisor can only help you pick a dream vacation destination and your role is to make financial arrangements for enjoying your holidays. The credit card companies are desperate to make huge profits out of the interest income generated from your credit cards. You must plan today, so that you enjoy your holidays with your own cash and not let the ever rising credit interest rates make holes in your pocket. Our financial advisors can help you to make sure you reach the financial destination of your dreams.
With interest rates so low, you may be thinking of taking the big step into home ownership, 'moving up' or even refinancing your existing home. If so, knowing what's what with mortgages can save you money now and in the future. You must take the time to find the right product for your unique situation. Our Consultant can help you make sound decisions for your life depending on your present conditions and future goals.
A tough choice: Your mortgage or your RSP
Are you confused between paying your mortgages or contributing to your retirement plans? Its very dificult to take this tough decision. There are many parameters that must be taken into consideration before actually opting for one. Our financial consultants can guide you more about the variables that you can use while making this decision.
Buying your dream: The lure of a private retreat
A second home or a vacation property is a dream shared by many of us. Some people want access to sports and recreational activities while others simply want a relaxing environment where their family can meet, away from the stresses of day-to-day life. Whatever your reasons, it's important to consider the financial implications of owning a second property. Our financial consultants can guide you to make financial arrangements for owning a second house.
As a businessman, dealing with the day to day operation of business, trying to plan for the future, consumes a lot of your time. Paying less tax, although important, may not always be top of mind. Our advisors can guide you to minimize your tax liabilities by using various available alternatives and strategies.
Employer sponsored pension plans are one of the most important sources of income for the retired professionals. There can be lot of variations in Employer-sponsored pension, with numerous choices and options – and lots of puzzling terms like “vesting” and “flex benefits.” More so, the company pension plans are so automatic, it's easy to ignore them until you need the income … but by then, it may be too late. So call our financial advisor to help you plan for your retirement paycheques.
We have strategic partnerships with Manulife Bank, National Bank of Canada, and B2B Trust. We can offer clients a full range of products and services that are among the best in the marketplace.
With this revolutionary, all-in-one account clients can enjoy having their mortgage, personal loans, line of credit, and bank account combined into a single account. Designed to simplify life and save money, Manulife One makes every dollar you owe and every dollar you own work for you first.
Manulife Advantage Account
The Advantage account combines the convenience of a traditional chequing account with a high rate of interest paid on your balance. Its features and benefits are among the best in the market.
National Bank of Canada
Our clients can enjoy the National Bank's credit solutions RRSP loans
B2B Trust, a subsidiary of Laurentian Bank, is a leading supplier of RRSP loans and offers clients a full range of RRSP loan products tailored to suit their needs.