The designation all RBC Financial Planners have that sets them apart within the industry
What is PFP (Personal Financial Planning Designation)?
100
The percentage the government matches on the first $2500 of annual contributions to an RESP
What is 20%?
100
Francine & Laurie believe providing digital banking options to clients gives clients these two C's.
What are Convenience & Choice
100
Total management fee, operating expenses & taxes charged to a mutual fund
What is a Management Expense ratio?
200
This is how we identify which clients have access to the My Advisor Channel currently
What is an O & O
200
The unique experience RBC Financial Planners use with clients to determine their life & financial goals and take them through the Financial Planning process
What is Your Future By Design?
200
The total amount of your annual contribution to this investment can be deducted from your gross income at tax time, reducing the amount you pay in income tax that year
What is an RRSP?
200
The application that when downloaded on your phone allows you to pay with your credit or debit card by touchless tap
What is RBC Wallet?
200
A pool of stocks, bonds & other securities held in trust on behalf of individual investors.
What is a mutual fund?
300
The amount of goals a client can select when in My Advisor
What is Unlimited?
300
Investment Planning, Retirement Planning, Transitioning into Retirement, Risk Management, Estate Planning, Tax Planning, Debt Management, Net worth & Cashflow Planning are examples of
What are the Financial Planning Disciplines?
300
This savings program created by the Federal Government encourages and assists Canadians with disabilities and their families to save for long-term financial needs in a tax deferred environment
What is a RDSP (Registered Disability Savings Program)?
300
The amount of time it takes to prequalify clients online for a mortgage
What is 60 seconds?
300
RBC's Investment manager with Industry Leading Management capabilities
Who is Global Asset Management?
400
These are two ways clients can connect with a Digital Specialist
What is Phone or Video chat?
400
The typical age range of clients that are on an FP's desk
What is 45-72
400
Name the three eligibility requirements to open a Tax Free Savings Account
What is be a Canadian resident, aged 18 or over and have a social insurance number
400
The company RBC has partnered with to provide credit scores to clients free of charge
What is Transunion?
400
These funds are designed to deliver a predictable tax-efficient monthly cashflow
What are Managed Payout Solutions?
500
The title of the RBC advisor that operates from a centralized location that have enhanced retirement and investment planning skills
What is a Digital Financial Specialist (DFS)?
500
How often should financial plans be updated for our clients
What is every 3 years? OR when their goals/situation changes?
500
This is the deadline that government regulations require that you terminate your Registered Retirement Savings Plan (RRSP)
What is December 31st of the year you turn 71
500
The new application within the RBC Mobile App that will track your day to day spending and help make the most of your banking
What is Nomi Insights?
500
This is our premier account offering, exclusively available through RBC Financial Planning for mass affluent clients with $250,000 or more in consolidated family assets