Wealth Management Professionals
The Wealth Management Professionals serve as a resource to RBC Wealth Management® financial advisors. They develop a stronger understanding of your personal financial objectives, gather valuable information and support complex financial and wealth strategies issues for the clients of RBC Wealth Management.
|Stephen Foster, TEP|
Director, International Solutions
Stephen Foster is a Director, International Solutions, with RBC Wealth Management in San Francisco. He works closely with professional advisors to develop and implement international and domestic trusts, international investments, custody and private banking structures to help high-net-worth families achieve their financial goals.
Stephen worked as a trust administrator with a company in Guernsey, Channel Islands, servicing a clientele based in the Middle East, the Far East, South Africa and India. He then served as the manager of a group of Internet-related companies before being employed as a lawyer in the Guernsey office of a Channel Islands law firm. His areas of practice included civil and commercial litigation as well as trust and company law. He joined RBC in his present position in 2006.
A native of Guernsey, Stephen graduated from the University of Teesside with a degree in Business Economics. He then attended the College of Law of England and Wales where he obtained postgraduate diplomas in English Law and English Legal Practice. His name was entered on the Roll of Solicitors in September of 2003, and he is a member of the Law Society of England and Wales. He has also completed a certificate in French Contract Law and Norman Law at the Université de Caen Basse - Normandie in France. He is a member of the Society of Trust and Estate Practitioners and is Secretary of the San Francisco Branch.
|Bill Boehm, CIMA®|
Vice President – Wealth Management Consultant
Bill has been with RBC for ten years and has over 15 years of experience in the financial services industry. He received his Bachelor of Arts degree from the University of Minnesota. He has earned the Certified Investment Management Analyst (CIMA®) designation and is a member of the Investment Management Consultants Association. Bill also holds the Series 7, 63, and 65 securities licenses.
As part of his responsibilities, Bill helps RBC Wealth Management Financial Advisors address the investment and retirement planning needs of high net worth individuals. Bill provides expertise to financial advisors who work with endowments, non-profits and foundations. He also assists financial advisors in using internal and external wealth management tools, including sophisticated software programs, to help provide appropriate solutions for clients’ needs. He frequently makes presentations at seminars and client meetings, giving overviews of RBC Wealth Management’s fee-based wealth management platform and other capabilities.
|Michael P. Berens|
Vice President – Wealth Planning and Insurance Consultant
Mike has been with RBC Wealth Management since 1999. Previously, he spent 13 years in the financial services industry. He has worked as a registered representative and as a senior executive focusing on meeting the financial planning and estate planning needs of individual clients. Mike received his B.S. degree from Mount St. Mary's University. As part of his responsibilities, Mike works with other RBC Wealth Management wealth management professionals to support the firm’s financial advisors in all aspects of the wealth planning process. Mike specializes in employing insurance-based strategies and solutions – including long-term care insurance, term life insurance, irrevocable life insurance trusts and survivorship life insurance – to help clients achieve their wealth and estate planning goals.
|Liz Jacovino, CFP®, CTFA|
Vice President – Wealth Strategies Consultant/Estate and High Net Worth
Liz has spent the past decade working with advisors and clients, showing them how to preserve wealth and value in their estates for future generations. Liz is a graduate of Johnson and Wales College. She holds the CERTIFIED FINANCIAL PLANNER™ certification and the Certified Trust Financial Advisor (CTFA) designation. Liz is also Adjunct Professor at Pace University’s College for Professional Education, where she teaches estate planning. As part of her responsibilities, Liz works with RBC Wealth Management Financial Advisors to develop appropriate wealth management solutions for clients in the areas of estate and business succession planning. Liz places special emphasis on helping clients control estate and gift taxes. She specializes in reviewing clients’ existing estate and business succession plans, and making recommendations for changes, when appropriate.
David has been in the financial service industry since 1995. He has worked with clients both as a wealth manager and as a trust officer. David earned a B.A. in business management from Gettysburg College and a M.B.A. with a concentration in business management from Goldey-Beacom College in Wilmington, Delaware. David manages the sales team of Trust Consultants who focus on collaborating with RBC Wealth Management® Financial Advisors to help clients in the United States and around the world choose trust solutions that are appropriate for their wealth management goal. David and his team have two primary goals: to enhance the relationship clients have with their RBC Wealth Management Financial Advisor and to identify trust solutions that both optimize opportunities and mitigate risks. In addition to providing expert recommendations on a broad range of specific trust structures, he and his team have a deep knowledge of the Delaware trust system. Additionally, he and his team also have a strong background in retail investing — with a special emphasis on understanding and complying with fiduciary responsibilities related to investments held in trusts.
These services and information are provided by Royal Bank of Canada and its affiliates, including RBC Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of Canada. Services provided by affiliates are subject to their terms and conditions, including credit approval. Credit specialists are employees of Royal Bank of Canada. RBC Wealth Management and/or your Financial Advisor may receive compensation in connection with offering or referring these services. Trust Services are provided by third parties. Neither RBC Wealth Management nor its Financial Advisors are able to serve as trustee. RBC Wealth Management does not provide tax or legal advice. All decisions regarding the tax or legal implications of you investments should be made in consultation with your independent tax or legal advisor.