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Each week on “I’m a Millionaire, So Now What?”, Colleen O’Connell-Campbell, Wealth Advisor at RBC Dominion Securities, delivers inspirational stories and practical advice to self-made millionaires and wealthy families. With a focus on financial planning and wealth management strategies, Colleen and her guests cover the critical issues that truly matter to you, including succession strategies, family business governance tips, how to cope with fundraiser fatigue, finding your purpose after losing your family business, and much more.

Apr 30, 2019

 

Nargis Schutte is a Private Banker for RBC Wealth Management, a company that serves the needs of individuals with high net worth. She helps professionals and their families situated within the Ontario North East region and brings 30 years of experience in the financial services industry. Before taking on the position of a private banker, Nargis specialized in commercial banking for the healthcare industry for medical doctors, dentists, and veterinarians.

 

Nargis joins me today to explain what private banking is, who is it suitable for, and the type of services that are included. She shares the details of her role as a private banker and describes the situations where wealthy individuals might want good-debt loans and borrowing. She also describes a series of scenarios where private banking is a good fit and reveals the criteria for becoming a private banking client.

 

 

“There is good debt and bad debt. Being able to use debt effectively and use it for an appreciating asset is considered good debt.” - Nargis Schutte

 

 

 

Today on I’m A Millionaire...So, Now What?:

 

  • Nargis’s background in helping healthcare professionals with commercial banking needs.
  • Nargis’s current role in private banking and financial planning.
  • What private banking is, who it is for, and the necessary criteria.
  • Good debt and loans for people who hit different asset thresholds.
  • Appreciating assets and reasons why wealthy individuals might borrow.
  • Client scenarios where private banking is a good fit.
  • The key qualifications for private banking clients.

 

 

Nargis Schutte’s Fun Frank Advice for Self-Made Millionaires & Wealthy Families:

 

  • Be sincere, be kind, and enjoy life, and enjoy what you do.

 

 

Connect with Nargis Schutte:

 

 

 

 

Protect Yourself. Protect Your Family. Protect Your Assets

 

Protecting yourself, your family, and your assets are all essential elements of your roadmap to real riches as well as building and strategizing your financial plans.

 

If you’re ready to build your roadmap to riches and learn how to protect yourself, your family, and your assets join us this spring for our Estate Planning Sessions with RBC Wealth Management.

 

Topic: Your Power of Attorney: Quite Possibly the Most Important Person You Will Ever Hire

Date: Wednesday, April 24, 2019

Time: 2pm - 4pm

 

Topic: Your Executor: What You Need to Know Before You Hire Yours

Date: Wednesday, May 22, 2019

Time: 2pm - 4pm

 

Topic: Essential Family Conversations: Protecting Yourself and Your Wishes

Date: Wednesday, June 12, 2019

Time: 2pm - 4pm

 

Location details will be provided when you RSVP to the event(s). To RSVP, email Colleen at colleen.campbell@rbc.com

 

 

Get Ready for Fun Networking & Fundraising!

 

Kick off your high-heels ladies, lace up your golf shoes, and get ready for an exciting, fun way to network with your business peers while raising money for a worthy cause. Join me, Colleen O’Connell-Campbell and Shelley True on September 5, 2019, for the all women’s golf tournament, FORE-Play for Charity - the annual event supporting The Royal Ottawa Foundation for Mental Health.

 

The FORE-Play for Charity event features fun ways to network with other Ottawa-based business leaders such as Open Mic, Cocktail Hour, the Red Carpet event, and a unique Makeup and Beauty Bar as well as a Gala Dinner.

 

So if you’re ready to lace up your golf shoes and tee off to support The Royal Ottawa Foundation for Mental Health, visit www.truedotdesign.com/foreplay to register today - or, become a sponsor to show the community you’re serious about mental health.

 

Be sure to subscribe to our newsletter and follow FORE-Play for Charity on Facebook so you never miss an update on this important event.

 

Registration opens on April 1, 2019

 

 

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