You have a vision for the future. You want to make a lasting impact with your wealth and create a legacy your family will enjoy for generations.
Since 1864, The Royal Bank of Canada (RBC) has existed to be stewards of our clients’ wealth. But as times change, so do the needs of our clients and the ways in which wealth can be fostered. With that in mind, we understand that to help simplify our clients’ lives and be better advocates, we needed to expand our offerings to include complex investment and estate strategies, legacy planning and a suite of global concierge services that meet not only our wealthiest clients’ needs, but continuously work to deliver the highest level of service.
Introducing RBC Echelon, a premiere wealth planning experience for those who know that significant wealth is only as powerful as the intention behind it. Combining curated lifestyle services, deep financial expertise and a dedicated team who understands the full complexity of your life, Echelon is designed for those who want to steward their wealth with the same care and intention with which they built it—because the people you love, and the causes you care about, deserve everything we have.
All wealth is not created equal and there isn’t a one-size-fits-all solution. As one’s wealth grows, often the complexity behind the planning and the asset structure requires specialized knowledge. That is why we designed the private wealth solutions team to support the needs of our RBC Echelon clients.
As an RBC Echelon client, you are backed by more than just your financial advisor. Whether it is wealth planning, complex investment strategies including exchange funds, concentrated stock solutions and alternative investments, estate planning strategies, annuities, insurance or banking and liquidity solutions, your client strategies team is a collection of over 50 subject matter specialists who are dedicated to supporting you as you plan for your future, helping to ensure you get the specialized strategies you need to protect your legacy.
Private Wealth Solutions Team
Working with you to create a structured plan is the most important step in ensuring the preservation, growth and management of your wealth. Growing international considerations, changing family dynamics and planning for future generations requires sophisticated strategies to protect your assets in order to support your near-term priorities and realize your vision for the future.
Supporting your preferred way of life.
Preserving wealth across generations.
Advancing your passions and making a meaningful impact.
*Services provided by 3rd parties
Your life—just like your wealth—is multifaceted. Managing your everyday spending and assets with intention is just as important as your portfolio and investments. RBC Echelon’s curated services and solutions can help you realize the potential of your personal, philanthropic and financial interests in ways that can simplify the planning and execution process.
Helping you set your family up for success through next generation leadership coaching, retreats and meetings that will align towards a common goal.
You have options when it comes to leaving a lasting legacy. From philanthropic consulting, project planning and implementation and supporting or starting foundations to responsible investing, your wealth can leave an impact on the future that fits your goals and purpose.
There are few things that can set the next generations up for success like education. Whether setting them up early with K-12 tutoring and academic enrichment programs or helping them reach their goals through university admission consulting (including college and course selection, entrance exams, applications and essay coaching) through test preparation, they gain the encouragement they need every step of the way.
When the worst news hits, your time is often better spent with your loved ones, not looking for solutions, reputable second opinions or trying to navigate the complexities of the healthcare system.
Instead, let a private healthcare advisory champion your individual needs and facilitate best-in-care access.
Gain access to subject matter experts across art, jewelry, cars, wines and more to help you with acquisitions, divestitures, collection management and appraisals who can help provide you with the specialty services you need and the trust you deserve.
Even the most prepared individuals can find themselves in situations that call for advanced physical or cyber security. From private security professionals keeping your family safe and private investigation to advanced technological monitoring, gain access to one of the leading security consulting companies.
For those who need their air travel to fit their plans instead of fitting their plans to air travel, there is private aviation. From charters to fractional ownership and access to brokers, gain access to flight options that fit your schedule.
Lifestyle management allows you to focus on what requires your undivided attention while keeping your home, business, travel and personal time organized and running smoothly.
Help ensure bills are paid promptly, accurately and securely with professional bill pay services.
Attend private events or get the best seats in the house with concierge ticketing solutions.
Your specialty collections, including art and wine, require specialty storage with security, climate management and easy access.
The standard property and casualty insurance solutions may not provide you with what you need when the situation turns dire. With luxury solutions that cover everything from property to specialty collections, you can get back to normal faster.
Your wealth gives you an opportunity to honor the past, celebrate the present and elevate the potential of your future. Show the people and causes you care about how much they mean to you by including them in your legacy planning.
Our team of experts conducts a thorough review of your current estate plan and offer innovative, tax-considerate planning strategies to ensure a successful wealth transition in line with your legacy goals. We’ll collaborate with your tax and legal advisors to help you assess and solidify the long-term impact and legacy you desire to achieve.
Together, we can help you develop a comprehensive legacy approach that can encompass wills, trusts, foundations and endowments.
Your achievements deserve stewardship beyond mere preservation. Families like yours leverage sophisticated trust frameworks for capital protection, strategic multi-generational wealth transfer, and governance control—while optimizing for tax efficiency, remaining private, avoiding probate and providing succession clarity.
To help you meet your financial objectives using trust services, RBC Wealth Management has two internal trust companies, RBC Trust & CNB Trust, and established alliances that can help elevate your existing strategies. Some unique capabilities offered include foundation administration, estate settlement, property management and special needs trust services.
Building trusting relationships among family members is key to ensuring your legacy endures through the generations. RBC Echelon provides the guidance and experience that can help make your legacy intentions a reality.
Through RBC Echelon, you have access to professionals who are knowledgeable and skilled at helping families assess their risk profile and address potential issues—all with future success in mind.
Leveraging a dedicated family dynamics team, family meetings and retreats facilitate regular, structured multigenerational conversations and governance to help your loved ones navigate difficult discussions around wealth transfer, succession and legacy while building the communication and leadership skills needed to maintain family harmony across generations.
Estate planning is a crucial step in securing your legacy and your family’s financial future, as are other matters like protecting assets and ensuring your wishes are honored. Working with your family and professional advisors all in one place, our estate planning capabilities deliver innovative, tax-considered strategies for wealth transition through a bespoke, multigenerational approach that works for your loved ones.
Collaborating with your tax and legal advisors, RBC Echelon creates tax-conscious strategies that can help maximize after-tax returns and preserve wealth across generations through wills, trusts, foundations and endowments.
Taking the next step in life without worry requires setting up the next generation with the skills and resources they need to continue your legacy. Using customized, multigenerational strategies, the people and structures—including business leadership, estates, trusts, lending and family governance—are prepared so that your wealth and enterprises transfer intentionally, tax-consciously and without fracturing the family.
Significant wealth affords great opportunity to make a meaningful impact on the world today and create positive change for generations. Our resources and capabilities can help you become more intentional in your philanthropy.
We recognize that you have more decisions to make than ever before when it comes to achieving impact. The combined forces of an ongoing global pandemic, geopolitical instability at home and abroad, and climate change are magnifying and accelerating the need for changes across the globe. Just as you seek out professional advice in all facets of your life, we understand that you need the same degree of thoughtful and knowledgeable support to achieve your desired impact.
Experienced leaders consider every option to create impact, and our partners can guide you to develop an integrated strategy that deploys three essential levers for change:
Fund pilots, test new ideas, and provide flexible, long-term support to sustain and scale nonprofits.
Influence public policy and the allocation of public resources, or influence the practices of private sector institutions.
Scale impact through market-driven sustainable solutions.
Take an informed, personalized approach to managing your wealth with RBC Wealth Management.
Access professional trustees and flexible trust capabilities to help accomplish your and your family’s estate planning and wealth transfer goals.
Leverage an array of sophisticated business, corporate and executive services to help achieve your professional and personal financial goals.
Incorporating a charitable giving strategy into an overall investment plan can help develop a strong legacy for the entire family to enjoy.
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.
RBC Wealth Management, a division of RBC Capital Markets, LLC, registered investment adviser and Member NYSE/FINRA/SIPC.