Augmenting the client-advisor connection in making wealth planning work for you.
Over the course of life, there can be various changes that any person or family experiences—personally, professionally and financially. Sometimes, the beauty of life is not knowing what adventure that may appear around the corner. But, when it comes to ensuring the unknowns are accounted for, and objectives are met no matter what the future may hold, appropriate wealth planning often plays a lead role. At RBC Dominion Securities, you can access an integrated approach to help plan and realize your wealth goals—myGPS®.
The purpose behind myGPS—short for “Goals, Priorities, Solutions”—is to provide you with personalized direction in your wealth planning. With a back-to-basics approach, you and your advisor can use myGPS to identify an individual’s goals and helps them manage events and milestones via a detailed and customizable client projection. It zeroes in on overall planning aspects that many typically face at some point, such as home ownership, retirement and estate planning. At the same time, it helps better connect you with your advisor to make meaningful decisions and work together to customize your wealth plan as your priorities and circumstances change over time.
As part of wealth planning, myGPS can help answer some key questions, such as:
Your advisor can input information about these questions, and create a personalized client report, providing a high-level overview of your financial picture, and how you’re tracking towards your short- and long-term goals.
Your Investment Advisor is your partner in wealth planning. With myGPS, you and your advisor—and their access to RBC’s team of planning professionals—can stay informed of your circumstances and generate potential opportunities and planning considerations.
This is where the integrated approach of myGPS truly shines. It’s a tool that works alongside you and your advisor, providing an up-to-date snapshot of your situation and looking ahead to help you navigate opportunities to work towards your long-term goals.
myGPS can help provide a simplified and effective wealth-planning projection across multiple stages of life. From young adults who are taking on more financial responsibility to those who are nearing or into their retirement years, the capabilities of myGPS have been built with your goals and needs in mind. There are also features and functionality specifically for business owners.
With the help of your advisor, myGPS can provide you and your family a more holistic view of your current and potential future financial situation. It can produce summaries showing your incomes, savings, expenses, investments, real estate and debt; it can also project financial information into the future, providing insights to your long-term goals and needs.
All projections are for hypothetical illustration purposes only for the myGPS tool. The illustrations do not reflect actual client account information and are not guarantees of income levels or investment returns.
Anticipating your future financial needs is a difficult task. Anticipating your family’s future financial needs should the unexpected happen is an even more difficult task. The myGPS Estate Impact Analysis can help identify any potential financial shortfalls if you or your family were faced with an unexpected tragedy.
It is impossible to know for certain what will happen tomorrow. To provide a financial projection, however, certain assumptions about what will happen in the economy have to be made. But what if some of those assumptions prove to be wrong? What if, for example, you were forced to retire early? Or perhaps you spend more in retirement. myGPS allows changes to assumptions made about the future to see how that change will affect your overall finances.
Along with working with your Investment Advisor, another feature of myGPS reports on key financial products, solutions and strategies, which are tailored to your unique financial situation and priorities.
For business owners, the line separating work and personal life is often blurred. Capabilities in myGPS can help identify solutions and strategies that can be pursued from the business side of your finances. These tailored opportunities are designed to keep you in control of your financial future and to meet your retirement goals.
Talk to your Investment Advisor if you have any questions.
The strategies, advice and technical content in this publication are provided for the general information only and benefit of our clients. This publication is not intended to provide specific financial, investment, tax, legal, accounting or other advice for you, and should not be relied upon in that regard. Readers should consult their own professional advisor when planning to implement a strategy to ensure that individual circumstances have been considered properly and it is based on the latest available information.
This document has been prepared for use by RBC Dominion Securities Inc.* (“RBC DS”). RBC Dominion Securities Inc. is a member company of RBC Wealth Management, a business segment of Royal Bank of Canada. *Member-Canadian Investor Protection Fund. RBC Wealth Management is a business segment of Royal Bank of Canada. ® / ™ Trademark(s) of Royal Bank of Canada. Used under licence. © RBC Dominion Securities Inc. 2026. All rights reserved.
RBC Wealth Management is a business segment of Royal Bank of Canada. Please click the "Legal" link at the bottom of this page for further information on the entities that are member companies of RBC Wealth Management.
This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.
® / ™ Trademark(s) of Royal Bank of Canada. Used under licence. © Royal Bank of Canada 2026. All rights reserved.