Fiscally prudent and client focused: The keys to a successful financial adviser
Finding a financial adviser that you can trust to meet your investment and wealth management needs is no easy feat. “There’s so much noise in the financial services market that new customers don’t know who to trust,” said Pierre Tipple, an associate adviser at RBC Dominion Securities Wealth Management office in Ottawa. “So they ask family and friends who already have financial advisers for referrals – and that’s where our new customers come from; through word-of-mouth recommendations.”
Under the leadership of Mark Ellis – RBC Dominion Securities’ vice-president, portfolio manager and investment adviser in Ottawa – Tipple and a team of experts support their clients in executing their individual investment strategies and achieving their wealth management goals.
“Our success in meeting our clients’ varied financial goals is why they stay with us for years and why our existing clients constantly refer RBC Dominion Securities to their family and friends,” said Tipple. “The reason for our success is simple: we put the customers’ interests first. That’s why we get so many referrals.”
Whatever the investment, the Ottawa office is fiscally prudent with its clients’ money. “We do not chase the latest fads and theories in the investment markets,” said Ellis, who has been a respected investment and wealth management adviser since 1978. “Instead, our focus is on clients who want to preserve their capital while achieving long term growth. Simply put, we do not speculate with our clients’ assets in search of unrealistic returns.”
One area where RBC Dominion Securities delivers honest value is in balancing fees against client returns.
Given today’s historically low interest rates, safe fixedreturn investments such as top-quality bonds and GICs deliver historically low returns. Unfortunately, the average percentage-based management fees many competitors charge mean that the customer can end up either losing money or breaking even by owning bonds and GICs, rather than earning it.
But not with Pierre Tipple’s team at RBC Dominion Securities. “We have the ability to tailor a client’s expenses to their investment objectives and risk tolerance, which ensures a far better outlook for returns given today’s low interest rate environment.” Tipple said. “We make sure that our clients have a positive outcome regardless of their objectives.”
Charging fair investment fees is just one way RBC Dominion Securities’ Ottawa office justifies the trust of its clients. Another is the peace of mind offered by the RBC brand.
“When you are investing with an established company such as RBC Dominion Securities, you can count on us being here for you, year after year,” said Tipple. “That’s the kind of assurance everyone needs when they entrust their hard-earned money to someone else’s care.”
The Ottawa office of RBC Dominion Securities is a tight-knit team of experts that includes a lawyer and a financial planner, in addition to its expert team of advisers. “We are a wellrounded team,” said Tipple. “We are also a family-run business: Mark Ellis is my father-in-law, who I joined five years ago after gaining a decade’s worth of experience on my own. Meanwhile, my wife (and his daughter) Christina Ellis is an associate adviser with the office, and she gets to keep a close eye on her boys!”
All told, the Ottawa office of RBC Dominion Securities is a fiscally prudent, clientfocused operation. The team here does their best to earn money for their valued clients; whether these clients prefer the safety of fixedreturn investments or are willing to accept a moderate level of risk in exchange for achieving higher returns.
Mindful that not all financial services firms show the same level of concern for their clients, RBC Dominion Securities offers a free ‘second opinion’ evaluation on client portfolios currently under management by other firms.
“We will take a look at your investments, and offer our objective, professional opinion on how well these investments are likely to perform for you,” Tipple said. “We will also advise how much risk you may be taking, and let you know how your current cost structure compares against our own.”
When seeking financial advice, word-of-mouth can lead investors to trustworthy firms like RBC Dominion Securities. Be sure to ask family and friends for their advice before trusting anyone with your hard-earned money.
To learn more, go to ca.rbcwealthmanagement.com/mark.ellis/home.