Our Process

The Hesp Wealth Management Program is the process of managing your financial affairs in a balanced and disciplined manner.  Working closely with you and your team of professionals, we build you a written comprehensive strategic wealth plan that considers multiple aspects of your life.  

The Unique Family

Our history of serving wealthy families affords us an understanding of the term The Unique Family.  Every family we deal with is absolutely unique and the only focus of our efforts at The Hesp Wealth Management Group of RBC Dominion Securities Inc.  We are not in the banking or commercial lending business – our only agenda is long-term strategic wealth management.

Your unique financial circumstances, challenges and goals demand customized solutions that meet your precise requirements.  Going beyond basic financial planning, we explore the human, financial, and social dimensions of you and your family.

Our four-step approach helps you manage your financial future.

1. The Exceptional Introduction

All successful relationships begin with The Exceptional Introduction.  Whether from a family member, friend, colleague, or professional – an introduction is a transfer of trust and the groundwork for a productive and rewarding long-term relationship.

At The Hesp Wealth Management Group of RBC Dominion Securities Inc., The Exceptional Introduction works in two ways: 

Ø      We introduce our clients to our global network of professionals and investment managers who preserve and enhance their wealth; and

Ø      Our clients and colleagues introduce us to their family and friends who need premium financial advice and service. 

The Exceptional Introduction is an ongoing process and a key element to our clients’ long-term financial success.

2. The Premium Process

3. The Personal Solution

With an in-depth understanding of your unique situation, we create The Personal Solution – a written comprehensive strategic wealth plan.  This document provides the framework for the management of your financial assets and clearly establishes your investment objectives, income needs, time frames, asset mix guidelines, security selection, insurance recommendations, and review process.  The Personal Solution™ keeps your investment goals and preferences in clear focus and provides a benchmark for measuring progress towards achieving your goals.

Once you've approved The Personal Solution, we implement and structure your family’s wealth plan.  We access the best investment managers in the world and implement a diversified portfolio conforming to your guidelines and direction.  You receive specific and appropriate investment recommendations that are clear and well thought-out.

4. The Continuing Advantage

Understanding and respecting that your life is busy, we know it is still important for you to stay informed.  We offer an array of avenues for you to monitor your strategic wealth plan, hear our current strategies, and learn about important issues:

Face-to-face meetings

• Regular meetings with us – scheduled annually, semi-annually, or quarterly

Telephone appointments

• To save you time, we rebalance and adjust holdings via your verbal approval (no signatures required)

Portfolio Reporting

• Online daily access to your account
• Monthly statements if there is any trading activity in your account
• Quarterly account statements (electronic or paper)
• Year-end income tax summary package
• Transaction confirmations (electronic or paper)

Wealth Management Strategies

• Weekly e-Newsletter
• Receipt of the RBC Dominion Securities “Portfolio Strategy Quarterly”
• Access to Canada’s broadest and deepest wealth research

Events

• Evening and luncheon presentations on various wealth management topics including:

Ø      Retirement Planning

Ø      Global Investing

Ø      Individual Pension Plans

Ø      Investing in Commercial Real Estate

Ø      Flow-Through Limited Partnerships

Ø      Offshore Investing