Inc.
OUR MISSION
As a family owned and operated business, we at Rankin Rice Wealth Management Inc. believe that holistic financial planning is the key to helping our clients succeed in achieving their retirement goals.
We provide strategies for retirement savings, cash flow, income tax minimization and estate management. We believe that a 360⁰ view of your full financial picture is necessary to serve you best.
We approach our work and clients with courtesy, diligence and professional enthusiasm. Our collective business goal is to ensure that each client feels security, confidence, and freedom when it comes to their financial wellbeing.
WHAT WE DO
Helping you retire
on your terms.
We begin with an in-depth audit of your current finances. By determining your unique goals, we construct a customized plan based on your targeted objectives. Together, we work to unearth more efficient opportunities and provide a detailed plan for achieving your future financial goals.
Financial
Planning
The main objective of our investment planning services is to help you meet your financial goals while minimizing risk. We recognize that no two individuals, goals or situations are identical. We will work to construct a customized portfolio tailored to your needs. We are strong believers in diversification and multiple investment strategies. We design our targeted portfolios to include both actively managed and passive investment strategies.
Investment
Planning
Several points of risk are reviewed to identify areas of exposure and determine your priorities. We analyze your risks associated with: life, disability, critical illness, long term care, longevity, health, dental and medical. The objective is to help you obtain the coverage you need and avoid the coverage you don’t need.
Risk
Management
It’s not what you make, it's what you keep. Our goal is simple : we want you to pay less in taxes so that you are able to save more! While building your financial plan, we will use tax strategies to efficiently and effectively save you more and plan for the future. We will consult with a professional accountant and together, we will prepare the best tax strategy for your benefit.
Tax
Planning
How do you want your legacy to be passed on to your loved ones? We discuss your family legacy goals and manage an effective estate planning strategy to ensure your wealth ends up where it needs to. Our plan starts with reviewing the contents of your current wills and powers of attorney. We help get the conversation started with your children and heirs on discussing your wishes.
Estate
Planning
After completing all the necessary planning steps to ensure that you are on the best path, we schedule regular progress reviews to evaluate your needs. Absolutely all elements of your financial plan are continuously monitored and managed by our advisors. Routine follow ups are an important part of keeping you on track and progressing towards your ultimate goals.
Progress
Reviews
MEET THE TEAM
TODD RANKIN, CFP®
Financial Planner
I was born in Ottawa and grew up in the financial industry, spending my summer breaks working for the credit union that my father managed. I worked for several years with CRA, among various other financial institutions, before I began my career in financial and retirement planning in 1989. For the past 30 years I have specialized in retirement income planning – which includes cash flow, investment, tax, and estate planning.
I practice under one very basic philosophy: I value every single client and will only recommend a strategy, service, or product that, given the same set of circumstances, I would use myself.
DENISE RICE, CFP®
Financial Planner
I have been helping clients achieve their retirement goals for over 25 years.
I earned the CERTIFIED FINANCIAL PLANNER (CFP®) designation in 1998. Forming Rankin Rice Wealth Management Inc. in 2004 with long-time business associate, Todd Rankin, I have continued to apply a holistic approach to financial planning.
I am proud to say that I wake up every morning and am excited to get to the office. I am dedicated to helping others achieve both their financial goals and financial security throughout their retirement.
DEVON RICE,
CFP®, CIM®, BSc
Financial Planner
Born and raised by financial planners, I developed a passion for the world of finance at a young age, quickly learning the fundamentals and literacy of finance. I completed my BSc in Business at the SUNY Geneseo School of Business in New York, before going on to earn the CERTIFIED FINANCIAL PLANNER (CFP®) designation and becoming a registered Chartered Investment Manager (CIM®).
I curate portfolio and investment strategies to help clients reach their financial goals. I firmly believe that all our clients are unique individuals. No two situations are the same which is why I strive to create personalized and comprehensive financial plans for all our clients.
DAVID LOWE, QAFP®, MBA, BSc
Associate Financial Planner
I joined the team in October 2013 after I earned my BSc at Carleton University and my MBA at the University of Ottawa.
Since then, I have completed the Canadian Investment Fund Course (CIFC), which earned me a spot on the CIFC Honour Roll. I have also successfully completed and hold the Qualified Associate Financial Planner (QAPF®) designation and am working towards the Certified Financial Planner (CFP®) designation. In my role as Associate Financial Planner, I help the advisors prepare for their meetings with clients. I am involved in preparing cash flow projections and reviewing them to clients.
It is rewarding to see clients progress toward their financial goals through the wealth management strategies our team implements.
