HNW_NRG_A_Bleed_Mask Private Banking Contents Our Private Banking Philosophy 1 Creating your Private Banking Experience 1-2 Investment Advisory Services 3-4 Private Banking 1 Our Private Banking Philosophy What’s important to you right now? In five years? In fifteen? Priorities tend to shift, sometimes unexpectedly, and nearly every life event – family changes, career choices, travel or relocations, business start – ups or liquidations – has an impact on your financial picture. But “the big picture” can sometimes be hard to focus on when you’re busy living your life. At RBC Royal Bank Private Banking, our service philoso- your complete financial picture. Collectively, their purpose phy revolves around our personal relationships with each is to help you achieve your goals while assisting you with of our clients. That’s why, rather than presenting you with the ongoing management of your finances. To ensure the a selection of Private Banking packages, we’ll invest time proactivity and responsiveness you expect in a private at the front end, getting to know you, your family and your banking relationship, each Private Banker manages a goals. Then, using our exclusive wealth planning process, finite group of clients. we’ll complete a multi-step analysis of your liquidity, debt Your Private Banking Team will work together to deliver and risk management, investments and estate plan. Next, value-add solutions designed to meet your financing we distil this understanding of you and your family into a needs and help you build equity in your company, acquire wealth plan that addresses your needs today and helps or diversify investment holdings, purchase real estate, you create the path to a better future. Finally, we bring provide financial assistance for family members, or con- the experts together from within and outside RBC to bring solidate your existing lending. Private Banking’s credit every aspect of your plan to life. specialists have an in-depth understanding of high net worth clients, gained through their varied experience in Creating your Private Banking commercial financing, retail banking, capital markets and Experience risk management environments. They deliver your credit First in line to deliver your Private Banking experience structures in the context of a customized credit plan, and is your dedicated Private Banker, who is supported by can respond quickly with even the most complex solutions. a Private Banking Associate and a specialized service Underscoring our belief in seeing the big picture amid response team. Each member of your team understands the details, your Private Banking team will work together 2 Private Banking to deliver smart wealth planning strategies for you and At your service your family. After analyzing your current financial picture, As a Private Banking client you will experience the highest discussing your goals and making recommendations to level of care, which includes: help you achieve them, your Private Banker will create a • Personalized service at our Private Banking Centres customized wealth plan and begin its implementation. located in the jurisdictions of Trinidad & Tobago, Of course, as your family and life evolve, so will your Bahamas, Barbados and Cayman wealth strategy. Your Private Banker takes a proactive • Private Bankers will coordinate with their Branch approach to meeting your changing needs, and will lever- partners to ensure exceptional service delivery age the assistance of accountants, lawyers and financial including in islands where there is not a Private professionals who research, analyze and interpret the Banking Centre latest regulatory and legislative policies to support your • Direct contact with our Specialized Services Private Banker in the delivery of comprehensive wealth Response Team to service your transaction needs management solutions designed around you. This expert • A dedicated relationship manager – your Private team provides advice on retirement and other specialized Banker – who acts as your advocate throughout finance issues, including trusts and business succession all areas of RBC and accepts your instructions by planning. telephone, fax or email and setting-up of perma- Whatever you need, whenever and wherever you need it, you nent instructions (eg. always maintain a minimum can expect intelligent, prompt solutions and a voice on the of $100,000 in my account) other end of the line. You can depend on your Private Banking • Mobile Private Banking meeting our clients at their team to be among your most reliable, trusted advisors. preferred location, as well as, priority service at all Travelling for work or for pleasure? As a RBC Private RBC Branches Banking client you’ll have access to all of the amenities • Access to a comprehensive and ongoing review of of Priority Pass™ at over 700 VIP airport lounges partici- your full wealth needs, and those of your family pating in the program, located in over 400 cities and 120 and/or business(es), including succession and countries around the globe. Enjoy four complimentary estate planning client visits per year, when you sign up for membership. • Borrowing solutions designed specifically for the Our clients high net worth client, such as customized struc- Private Banking clients are typically business owners, turing of credit facilities and higher limits on RBC wealthy families, executives or professionals who personal and business credit cards prefer personal relationships with a trusted advisor and Using credit as a wealth management tool team, to dealing with multiple service providers. Each Many high net worth clients take advantage of borrowing client receives ongoing, tailored Private Banking solu- to grow wealth, diversify assets and leverage opportuni- tions, created by a dedicated team and encompassing a ties. Your Private Banker and credit specialists draw from minimum monthly fee. a sophisticated suite of credit tools to create responsive Private Banking 3 solutions and a long-term plan to address your needs. › Local and foreign currency drafts Your credit vehicles may include: › Renewal/replacement of client card › Bank Reference Letters* • Line of Credit › International access to ATMs and POS through • Exclusive Black Platinum Credit Card (annual mem- RBC Royal Bank Visa Debit bership fee waived) • Customized structuring of borrowing facilities with Investment Advisory Services preferential pricing (at minimum same pricing and/ If you prefer to take a more active role in your investments, or discounts as Professionals Package) your Private Banker will work with you and partner with • Financial solutions for complex borrowing needs wealth management experts and investment advisors • Leveraging debt to increase wealth and net worth to match your needs and the discretionary investment • Flexible long/short term lending solutions management you require. You will have an unparalleled selection of investments to choose from – everything from • Financing on second homes, construction or inves- government bonds, corporate bonds, international equi- tor properties ties, mutual funds and derivatives. • Overdraft Facilites* Your Private Banker will help you choose which invest- • Non-resident/USD financing* ments are right for your individual situation based upon Deposit Products & Services your needs and preferences. Always keeping a watchful • Private Banking Operational Account PLUS a com- eye on your overall wealth management strategy, your bination of any three of the following accounts for Private Banker can captain a tailor-made team of spe- one flat monthly fee: cialists to meet your needs. To keep things simple and › Regular Savings Account personal, your Private Banker will remain your key point of › Business Current Account (Holding companies contact for all of the following RBC relationship meetings: only) • Discovery meeting with your Private Banker to › US Savings Account* understand our client’s goals, preferences and • In addition to the four accounts comprising the special needs (eg. Managing multiple income basic Private Banking package, each dependent streams) child within your household under the age of 18 and/ • Partnering with regional Investment Advisory Ser- or each full time student under the age of 25 is enti- vices via our Dominion Securities Investment Team tled to a free Leo Young Savers Account or Regular • Connecting our clients to our external partners for Savings Account, respectively Wealth Management, Will preparation, Retirement, • Personalized/Private Banking branded cheque Estate planning and Trusteeship services books (clients can also choose regular cheque • Partnering with our Treasury Team for foreign books) exchange needs • Unique Private Banking Debit Card Private Banking: Our Comprehensive Approach • Customized daily limits at Automated Teller Your customized wealth management plan may utilize Machines (ATM) and Point-of-Sale (POS) terminals experts from any or all of the following areas: • No charge for large deposits via over the counter* • Free rental of a small safe deposit box or equiva- Discretionary Investment Management lent discount on a larger safe deposit box Your Private Banker will work with you to design a tailored • No service charges on: investment portfolio, based on a careful and thorough › Standing orders process that is applied consistently across the firm. In › Certificate of account balance / certificate of this way your portfolio benefits from a “diversification of interest paid minds,” rather than being dependent on the success of