advisor consulting solutions
We understand your decision to become an independent Advisor involves a series of complex questions. How will I build my brand? What are the registration and compliance requirements? Will I retain my client base throughout the transition? While the process might seem overwhelming, the road map to independence doesn’t have to be forged on your own.
Introducing Advisor Consulting Solutions from RBC Advisor Services. A comprehensive suite of programs aimed at delivering the highest level of service to you and your clients.
Advisor Consulting Solutions is committed to being your strategic partner in the pursuit of independence. Our team approach provides you with direct access to industry experts who will guide you through all facets of transitioning your business. From legal filings and registration, to client on boarding and technology offerings, we have you covered.
With the backing of RBC Advisor Services, a division of RBC Capital Markets, LLC, and a wholly-owned subsidiary of Royal Bank of Canada, you’ll have access to industry leading global resources and best-in-class solutions.
Advisor Consulting Solutions has partnered with RIA Registrar® and Oyster Consulting®, both industry leaders in setup, compliance, and registration solutions for Registered Investment Advisors. Through these relationships, RBC Advisor Services covers the cost of registering your firm along with the first year of compliance fees. Ongoing, Advisors can take advantage of our negotiated pricing structure.
Registration: Through the backing of our partner relationships, RIA Registrar® and Oyster Consulting® will help you navigate the registration process, including walking you through the required examinations and necessary paperwork.
Business Structure: Questions around how to structure your practice are explained in detail, allowing you to position your newly founded business for success.
Compliance: An ongoing review of your business practices assures your firm maintains compliant with both state and federal regulations.
Additional information can be obtained via their respective websites, or through your RBC Advisor Consulting Solutions contact.
Technology Consulting & Training
Our experienced consultants will work closely with you to learn more about your business. These conversations become the starting point to a tailored solution to meet your technology and training requirements.
With Advisor Consulting Solutions as your trusted partner, we’ll introduce you to a multitude of technology offerings designed to optimize the efficiency of your practice. In addition to our standard suite of technology offerings, you’ll also have access to an ever evolving array of partner solutions through the RBC CAS Marketplace. Whether you’re looking for a CRM, Data Aggregation Tool, or a Portfolio Management System, Advisor Consulting Solutions can connect you with today’s cutting edge providers. In most cases, preferred pricing has already been negotiated, allowing you the freedom to select the right provider for your specific business needs.
To learn more about CAS Marketplace, please email firstname.lastname@example.org or visit casmarketplace.net and enter access code: csclient
We understand your business is unique and a one size fits all training approach is not conducive to a successful relationship. With this in mind, Advisor Consulting Solutions will create a training plan based on the specific needs of you and your firm. Through an in depth analysis of your business, our experienced consultants will construct a training approach designed with you in mind.
Your time is valuable, and our training plan is built with this in mind. Whether you require individualized training, or if your preference is a classroom style approach, we’re here to meet your needs. From in person sessions, to WebEx and online tutorials, we provide you with the tools needed to succeed. Rest easy knowing our training plan will lay the foundation for a successful, long-term relationship with RBC Advisor Services.
One of the most imposing obstacles to independence is the uncertainty of how to transition your book of business with the least amount of intrusion to your clients. Advisor Consulting Solutions is here to guide you through this complex process. Experienced professionals will manage the transition process from start to finish. Along the way, you’ll be introduced to a team specifically dedicated to your transition, with topics ranging from product and document support, to training on policies, procedures and systems.
When the time comes to re-paper your accounts, our team can facilitate the population of client forms and coordinate the delivery of paperwork to your clients. If you prefer, forms can be delivered direct to your office, allowing you to personally introduce and discuss the paperwork with your clients.
After your transition is complete, you will have a direct line into a dedicated team of Client Service Managers. No more dialing an 800 number or long hold times spent waiting in a phone queue. To learn more about RBC Advisor Services and to view our transition timeline, please call your Advisor Consulting Solutions contact.
Advisor Consulting Solutions is committed to assisting advisors in the areas of personal and practice development. We offer a range of programs, resources and expertise designed to help you expand and grow your businesses.
Business Development Programs
Business Builder Workshop - Introduction to the broad set of wealth management products, services, people and partners available to you through your relationship with RBC.
Retirement Income Planning - Use RBC’s proprietary Retirement Funding Sensitivity Tool® to drive new assets and retain existing clients. Learn how to put into practice RBC’s Retirement Income Planning process.
FA Monthly Call Series - Identify new paths for growth and acquire fresh knowledge and insights. Hear timely and actionable sales and client service ideas from RBC professionals as well as our broad array of partners.
Principal Coaching & Development - Innovative practice acquisition, growth and leadership coaching specifically for firm principals. Sessions conducted in conjunction with thought leaders from across the industry.
Advisor Development Programs
RBC/Cannon 13 Wealth Management Issues Workshop - Become confident and competent in identifying the 13 key wealth management issues faced by affluent clients and prospects. Hosted with Cannon and built on the “Advisor Blueprint for Growth,” this one- day workshop will help you grow your practice, gain new assets, deepen your client relationships, insulate your business from competitors and move you closer to becoming your clients’ advisor of choice - their Primary Advisor. CE credits available.
RBC/Cannon Advanced Wealth Management Critical Conversations Workshop - Add more value to clients and gain more success in identifying qualified prospects. A follow on to the popular 13 Wealth Management Issues workshop, this one-day workshop equips you with the language, knowledge and confidence to go deeper in client conversations in five key areas: trust & estate planning, titling & beneficiary designations, investment planning, retirement income planning and risk management / insurance planning. CE credits available.
Business Acceleration Program - Learn to innovate within your business and run it in a more efficient, effective and meaningful way with a customized plan focused on: business strategy and management, operations/staffing, marketing, building goodwill and client loyalty. The result of this in-depth coaching and business consulting program is a practice built on order, predictability and improved client experience.