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The Strehlow Enright Group
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RBC Private Wealth: Private Client Services for High Net Worth Families
Relationships · Expertise · Solutions
Our team is a member of RBC Private Wealth, a program that is exclusively designed for clients who hold one million dollars with us and have more than five million dollars of overall net worth. As members of Private Wealth, we are dedicated to addressing the complex financial needs of our most sophisticated clients and their families through relationships, expertise and solutions.
RELATIONSHIPS
RBC Private Wealth extends our client relationships by introducing a Private Wealth team. The team provides clients with expertise that ranges from estate planning techniques to asset protection strategies. But a truly comprehensive wealth management plan requires the skillful collaboration of the successful relationships already at work for our clients. As the primary relationship manager, we coordinate with our clients, their families, the Private Wealth team, and their other professional advisors such as attorneys and accountants.
EXPERTISE
One of the goals of the Private Wealth program is to provide clients with proactive expertise. Our team works closely with clients to gain insight into their current needs, family dynamics, and future aspirations. It is this thorough understanding of our clients’ situation that allows us to anticipate their needs, proactively uncover opportunities and provide quality advice.
At the core of the Private Wealth process is what we call a Strategic Client Review. The Strategic Client Review is a disciplined approach to reviewing, prioritizing and addressing the 13 wealth management issues that high net worth families commonly face. By engaging RBC’s best strategic thinkers we are able to offer direction and personalized recommendations to address each of our clients’ wealth management issues.
The benefits of the strategic client review include:
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SOLUTIONS
High net worth families face more complex issues and have greater opportunities available than most people. Utilizing our collaborative relationships and proactive expertise, we integrate strategies and solutions from RBC’s global network to not only address the issues clients face, but to also expand the opportunities available to their family.
Our solutions include a complete range of investment, insurance, and banking accounts and products that can help meet the needs of our high net worth clients. Please refer to our Solutions and Services page for more information.
Every service we provide and every solution we offer – through our three core values of relationships, expertise, and solutions – is directed toward helping preserve and enhance our clients’ wealth.
To learn more about the Private Wealth client experience, please see our fact sheet.
INTRODUCING YOUR PRIVATE WEALTH TEAM
We have found that proactive collaboration with a team of internal and external experts leads to innovative solutions. As such, we coordinate a team of multi-disciplinary experts through our global network to create your Private Wealth team.
This team consists of the talented individuals as described below, many of whom hold professional designations in law, accounting and financial management. We can also introduce you to other advisors and specialists, should their professional services be required.
The benefits of our proactive team approach include:
Wealth Management Issue: Investments
Steve M. Blume, CIMA®
Wealth Management Issues: Wealth Transfer Planning
Malia Haskins
Wealth Management Issue: Liabilities
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Your team will work together to proactively identify opportunities and deliver customized strategies and solutions for your more complex financial situations.
Wealth Management Issue: Investments
Steve M. Blume, CIMA®
Vice President –
Wealth Management Consultant
You have a sophisticated financial life. Which is why you may want professional assistance managing risks and evaluating your asset allocation. And if you are compensated with stock – or if you have more than one brokerage account – you may want help identifying, liquidating and efficiently re-investing the proceeds from asset concentrations/duplications. Above all, you may now have a keener interest in expanding your approach to diversification and risk management to include options strategies, structured products, private equity, hedge funds and other alternative investments.
Steve can help you and your Financial Consultants address your specific investment, retirement, and planning needs. He has expertise in business and retirement planning, insurance solutions, charitable giving strategies, advanced investment strategies, estate and trust planning strategies.
He also has significant experience working with individuals and boards in the foundation and endowment market helping them understanding their fiduciary responsibilities and assisting them in the creation of an investment policy statement and investment plan to meet those responsibilities. Plus, Steve works closely with other members of the Private Wealth team to help you and your Financial Consultant use a variety of internal and external tools, including sophisticated software packages, to help provide appropriate solutions your unique needs.
Steve has been with RBC Wealth Management since 1997. Previously, he spent five years at the Federal Reserve Bank of Minneapolis, where he worked in the Economic Policy Department. Steve attended the University of Wisconsin - Madison, and has earned the Certified Investment Management Analyst (CIMA) designation, completed the Accredited Investment Fiduciary (AIF) program, and holds the Accredited Wealth Manager (AWM) certification. Steve also has Series 7, 24, 63, and 65 securities licenses.
Steve can help you and your Financial Consultants address your specific investment, retirement, and planning needs. He has expertise in business and retirement planning, insurance solutions, charitable giving strategies, advanced investment strategies, estate and trust planning strategies.
He also has significant experience working with individuals and boards in the foundation and endowment market helping them understanding their fiduciary responsibilities and assisting them in the creation of an investment policy statement and investment plan to meet those responsibilities. Plus, Steve works closely with other members of the Private Wealth team to help you and your Financial Consultant use a variety of internal and external tools, including sophisticated software packages, to help provide appropriate solutions your unique needs.
Steve has been with RBC Wealth Management since 1997. Previously, he spent five years at the Federal Reserve Bank of Minneapolis, where he worked in the Economic Policy Department. Steve attended the University of Wisconsin - Madison, and has earned the Certified Investment Management Analyst (CIMA) designation, completed the Accredited Investment Fiduciary (AIF) program, and holds the Accredited Wealth Manager (AWM) certification. Steve also has Series 7, 24, 63, and 65 securities licenses.
Wealth Management Issues: Wealth Transfer Planning
Malia Haskins
Vice President –
Wealth Strategies Consultant/High Net Worth and Estate
In working with high net worth families, we have found that the number one objective for many of our clients is to balance the desire to preserve assets for their family while ensuring that income needs will continue to be met throughout retirement. Malia Haskins works closely with our Financial Consultants to address your wealth preservation and wealth transfer needs.
If leaving a lasting legacy is important to you, Malia has significant experience in developing sophisticated estate planning strategies, using a range of techniques such as family trusts, grantor trusts, family partnerships and charitable trusts.
If you are a corporate executive, stock options and other employer stock plans often play a major role in total compensation. Malia can help you and your Financial Consultant navigate the complex tax rules that many investors find challenging to liquidate and diversify these holdings.
And if you are a business owner, Malia can work with your professional advisors to help develop and implement a business succession plan, to gain liquidity and/or transfer ownership in the most tax-effective manner. She can also help you identify and coordinate the implementation of programs geared to retaining and attracting key employees.
Regardless of how you’ve accumulated your wealth, you may be concerned about asset protection. Litigation poses a risk to many of our clients. Malia can work closely with the professionals at RBC Trust Company (DE), Inc. to help devise plans to legally protect your assets from a variety of threats.
Malia has been with RBC Wealth Management since 2004. After earning her B.A. from Luther College and her J.D. from William Mitchell Law School, she practiced law for six years. She has 12 years of experience in the financial services industry.
If leaving a lasting legacy is important to you, Malia has significant experience in developing sophisticated estate planning strategies, using a range of techniques such as family trusts, grantor trusts, family partnerships and charitable trusts.
If you are a corporate executive, stock options and other employer stock plans often play a major role in total compensation. Malia can help you and your Financial Consultant navigate the complex tax rules that many investors find challenging to liquidate and diversify these holdings.
And if you are a business owner, Malia can work with your professional advisors to help develop and implement a business succession plan, to gain liquidity and/or transfer ownership in the most tax-effective manner. She can also help you identify and coordinate the implementation of programs geared to retaining and attracting key employees.
Regardless of how you’ve accumulated your wealth, you may be concerned about asset protection. Litigation poses a risk to many of our clients. Malia can work closely with the professionals at RBC Trust Company (DE), Inc. to help devise plans to legally protect your assets from a variety of threats.
Malia has been with RBC Wealth Management since 2004. After earning her B.A. from Luther College and her J.D. from William Mitchell Law School, she practiced law for six years. She has 12 years of experience in the financial services industry.
Wealth Management Issue: Qualified Retirement Plans
Scott Rogneby
Scott Rogneby
Vice President –
Retirement Plan Consulting
If you are a business owner, you understand that your employer-sponsored retirement plan is an important tool for recruiting and retaining top talent. Depending on the type of plan you offer, it may even encourage your employees to be as productive and efficient as possible.
Scott Rogneby can help you and your Financial Consultant develop strategies and solutions for your ERISA or non-ERISA retirement plan needs – regardless of the size of your corporation or non-profit group. He has in-depth experience with analyzing an organization’s retirement plan needs and recommending appropriate vehicles, including 401(k), profit-sharing and defined benefit plans, and SIMPLE and SEP IRAs. Scott incorporates extensive research into retirement plan provider recommendations and he is involved in the creation and maintenance of investment policy statements, investment monitoring, plan design and portfolio consulting.
Scott has been with RBC Wealth Management since 1996 and has 11 years of previous experience in the financial services industry. He earned his B.A. from the University of Minnesota, and he holds the Accredited Investment Fiduciary designation.
Scott Rogneby can help you and your Financial Consultant develop strategies and solutions for your ERISA or non-ERISA retirement plan needs – regardless of the size of your corporation or non-profit group. He has in-depth experience with analyzing an organization’s retirement plan needs and recommending appropriate vehicles, including 401(k), profit-sharing and defined benefit plans, and SIMPLE and SEP IRAs. Scott incorporates extensive research into retirement plan provider recommendations and he is involved in the creation and maintenance of investment policy statements, investment monitoring, plan design and portfolio consulting.
Scott has been with RBC Wealth Management since 1996 and has 11 years of previous experience in the financial services industry. He earned his B.A. from the University of Minnesota, and he holds the Accredited Investment Fiduciary designation.
Michael Rausch
Senior Credit Officer
You spend a lot of time and energy developing the assets side of your balance sheet. Managing the liabilities side is equally important. There are many practical reasons to borrow money: home construction or real estate purchases, bridge financing, education expenses, business or other investment opportunities and more. When you need fast, convenient access to cash, instead of liquidating your assets, wouldn’t you rather keep them working toward your long-term goals instead?
Michael Rausch can help your Financial Consultant explain the advantages and consequences of using securities-based lending to help meet a variety of goals. Experienced in all aspects of RBC Wealth Management’s Premier Line of Credit – a LIBOR-based product – Michael can also assist you with establishing and maintaining this important wealth management tool.
Prior to joining International Wealth Management in 2005, Michael spent five years in the financial services industry. He earned his B.S. from Montclair State University and his M.B.A. from Rider University.
Michael Rausch can help your Financial Consultant explain the advantages and consequences of using securities-based lending to help meet a variety of goals. Experienced in all aspects of RBC Wealth Management’s Premier Line of Credit – a LIBOR-based product – Michael can also assist you with establishing and maintaining this important wealth management tool.
Prior to joining International Wealth Management in 2005, Michael spent five years in the financial services industry. He earned his B.S. from Montclair State University and his M.B.A. from Rider University.
Wealth Management Issue: Insurance
Paul Fee, CLU, ChFC
Paul Fee, CLU, ChFC
Vice President &ndash
Our commitment
We understand the responsibilities and stress that often accompany wealth. By partnering with you to address the financial issues most important to you, we believe your Private Wealth team will deliver the high level of service you expect and deserve. Should you already have relationships with other professionals, such as accountants, attorneys or tax advisors, we will be happy to include them in the team approach we take to help you prepare for the future you want.
Services provided by RBC International Wealth Management are subject to their terms and conditions, including credit approval. RBC Wealth Management may receive compensation in connection with these services. RBC Wealth Management and International Wealth Management are trademarks of Royal Bank of Canada which operates under the brand name of RBC. RBC Wealth Management and International Wealth Management operate as separate businesses. RBC Wealth Management is a wholly owned indirect subsidiary of Royal Bank of Canada. International Wealth Management is a division of Royal Bank of Canada.
Professional Trustee services are offered to RBC Wealth Management, Inc. (RBC Wealth Management) clients by RBC Trust Company (Delaware) Limited (RBC Trust) and Comerica Bank & Trust, N.A., who serve as trustee. RBC Wealth Management and RBC Trust are subsidiaries of Royal Bank of Canada (RBC) which operates under the brand name of RBC Financial Group. RBC Wealth Management and RBC Trust operate as separate affiliated entities and are wholly owned subsidiaries of Royal Bank of Canada. RBC Wealth Management will receive compensation in connection with offering these services. Neither RBC Wealth Management nor its Financial Consultants are able to serve as trustee.
RBC Wealth Management does not provide tax or legal advice. All decisions regarding the tax or legal implications of your investments should be made in connection with your independent tax or legal advisor. E/O/E
Wealth Planning and Insurance Consultant
You’ve worked hard, saved and invested wisely to get where you are. With the help of a comprehensive insurance plan working in coordination with your wealth management plan you can take steps to safeguard you and your family, your estate, and your business, against unforeseen events.
RBC Wealth Management uses insurance carriers of the highest quality and our open architecture, best of class platform allows us to tailor solutions based on your specific needs. From the simplest concepts of income replacement to funding the succession of a closely-held business and to possibly mitigating an exposure to a Federal Estate Tax and/or a State inheritance tax, we can work with you.
Paul Fee can help you and your Financial Consultant with all aspects of the wealth planning process. He specializes in developing retirement plans for businesses and succession plans for families by employing insurance-based strategies and solutions to help you achieve your wealth transfer goals. Paul will also work closely with your financial and legal advisers to establish appropriate wealth planning and insurance strategies.
Paul has been with RBC Wealth Management since 1997. Previously, he spent 10 years in the financial services industry. Paul earned his B.A. from St. Mary’s University. He holds the Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC) designations.
RBC Wealth Management uses insurance carriers of the highest quality and our open architecture, best of class platform allows us to tailor solutions based on your specific needs. From the simplest concepts of income replacement to funding the succession of a closely-held business and to possibly mitigating an exposure to a Federal Estate Tax and/or a State inheritance tax, we can work with you.
Paul Fee can help you and your Financial Consultant with all aspects of the wealth planning process. He specializes in developing retirement plans for businesses and succession plans for families by employing insurance-based strategies and solutions to help you achieve your wealth transfer goals. Paul will also work closely with your financial and legal advisers to establish appropriate wealth planning and insurance strategies.
Paul has been with RBC Wealth Management since 1997. Previously, he spent 10 years in the financial services industry. Paul earned his B.A. from St. Mary’s University. He holds the Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC) designations.
Wealth Management Issue: International Investments and Estate Planning
John C. McLeod, TEP
John C. McLeod, TEP
Senior Manager International Services
America’s leading families frequently have international investment and estate planning interests. However, navigating foreign markets, tax laws and regulations – not to mention the unique risks associated with international investing – may complicate your decisions. And given the multi-jurisdictional nature of your financial life, fulfilling the legal obligations of executor/trustee for your estate may be an overwhelming task for someone you care about.
John C. McLeod can help you and your Financial Consultant create and implement customized international wealth management and estate plans. After nearly two decades of service to RBC clients from around the world, he has extensive experience using international trust and company structures, family and charitable foundations and other asset protection and succession strategies. In addition, he can assist you with private banking and credit arrangements, multi-jurisdictional strategies for investment management and other specialized solutions, such as captive insurance structures in closely held companies.
Mr. McLeod earned degrees in sociology and business from Dalhousie University in Halifax, Nova Scotia. He has also earned the internationally recognized Trust and Estate Practitioner designation from the Society of Trust and Estate Practitioners.
John C. McLeod can help you and your Financial Consultant create and implement customized international wealth management and estate plans. After nearly two decades of service to RBC clients from around the world, he has extensive experience using international trust and company structures, family and charitable foundations and other asset protection and succession strategies. In addition, he can assist you with private banking and credit arrangements, multi-jurisdictional strategies for investment management and other specialized solutions, such as captive insurance structures in closely held companies.
Mr. McLeod earned degrees in sociology and business from Dalhousie University in Halifax, Nova Scotia. He has also earned the internationally recognized Trust and Estate Practitioner designation from the Society of Trust and Estate Practitioners.
Our commitment
We understand the responsibilities and stress that often accompany wealth. By partnering with you to address the financial issues most important to you, we believe your Private Wealth team will deliver the high level of service you expect and deserve. Should you already have relationships with other professionals, such as accountants, attorneys or tax advisors, we will be happy to include them in the team approach we take to help you prepare for the future you want.
Services provided by RBC International Wealth Management are subject to their terms and conditions, including credit approval. RBC Wealth Management may receive compensation in connection with these services. RBC Wealth Management and International Wealth Management are trademarks of Royal Bank of Canada which operates under the brand name of RBC. RBC Wealth Management and International Wealth Management operate as separate businesses. RBC Wealth Management is a wholly owned indirect subsidiary of Royal Bank of Canada. International Wealth Management is a division of Royal Bank of Canada.
Professional Trustee services are offered to RBC Wealth Management, Inc. (RBC Wealth Management) clients by RBC Trust Company (Delaware) Limited (RBC Trust) and Comerica Bank & Trust, N.A., who serve as trustee. RBC Wealth Management and RBC Trust are subsidiaries of Royal Bank of Canada (RBC) which operates under the brand name of RBC Financial Group. RBC Wealth Management and RBC Trust operate as separate affiliated entities and are wholly owned subsidiaries of Royal Bank of Canada. RBC Wealth Management will receive compensation in connection with offering these services. Neither RBC Wealth Management nor its Financial Consultants are able to serve as trustee.
RBC Wealth Management does not provide tax or legal advice. All decisions regarding the tax or legal implications of your investments should be made in connection with your independent tax or legal advisor. E/O/E
© 2009 RBC Capital Markets Corporation. All rights reserved.
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Trademarks - Non U.S. Residents
©2010 RBC Wealth Management, a division of RBC Capital Markets Corporation,
Member NYSE/FINRA/SIPC
07/30/2010
Privacy and Security - SIPC - Business Continuity Planning - Web Site Links
Trademarks - Non U.S. Residents
©2010 RBC Wealth Management, a division of RBC Capital Markets Corporation,
Member NYSE/FINRA/SIPC
07/30/2010