Business Details
Emergency
services
Trusted Financial Advisers in Victoria, BC
At Royale BC Financial, we specialize in crafting personalized insurance and investment solutions tailored to the unique needs of individuals and businesses. With over three decades of industry experience, our team prioritizes comprehensive need analysis, leveraging tax planning strategies and products from top-rated Canadian insurance carriers. Our commitment to excellence is reflected in our 30-year track record of delivering customized financial strategies, supported by prestigious accolades such as the National Quality Awards and Million Dollar Round Table membership.We emphasize transparency, client education, and long-term financial security, ensuring every client receives expert guidance aligned with their personal and professional goals. Our approach combines deep expertise in corporate taxation, insurance optimization, and investment growth to provide holistic financial solutions.
Services
Life Insurance
Retirement Planning
Critical Illness Insurance
Business Insurance
Investment Solutions
Tax Planning
Estate Planning
Travel Insurance
Disability Protection
Universal Life Insurance
Highlights and features
- We offer 30+ years of experience in financial planning and insurance solutions.
- Our strategies are customized to align with your unique personal and business needs.
- We partner exclusively with top-rated Canadian insurance carriers for reliable coverage.
- Our team holds prestigious industry accolades, including 25 consecutive National Quality Awards.
- Flexible consultation options available in-person, by phone, or via Skype.
Associations and certifications
- Million Dollar Round Table (MDRT)
- National Quality Awards (NQA)
What people say
Knowledgeable advisors
Personalized strategies
Strong investment returns
Patient and clear communication
Prompt correspondence
Services
Life Insurance
We provide comprehensive life insurance solutions, including term, whole, and universal life policies. Our plans protect your family's financial future while offering tax-advantaged investment growth. With options tailored to individual needs, we ensure long-term security and legacy planning for clients across Canada.
Retirement Planning
Our retirement planning services focus on maximizing tax-free savings and investment growth. We help clients navigate RRSPs, TFSAs, and pension plans to create sustainable income streams. With expertise in government employee benefits and tax-efficient withdrawals, we ensure confident retirement transitions.
Critical Illness Insurance
This coverage provides financial security during serious health events like heart attacks or cancer. We combine critical illness policies with universal life plans to offer dual protection and investment benefits. Our solutions help maintain lifestyle quality during recovery periods without draining savings.
Business Insurance
We design business insurance packages including overhead expense protection and key person coverage. These policies safeguard company operations during owner disabilities or transitions. Our strategies ensure business continuity while optimizing tax deductions for Canadian enterprises of all sizes.
Investment Solutions
Our investment services include segregated funds, annuities, and diversified portfolios. We focus on risk-appropriate growth strategies with regular performance reporting. Clients benefit from 30+ years of market experience and access to products from 25 major Canadian financial institutions.
People
Faraidoun (Frank) Akhavan
President & Executive Insurance/Financial Advisor
With 30+ years in financial services, Frank specializes in tax-efficient insurance strategies and corporate financial planning. He holds MDRT membership for 20 years and has been Canada's top RBC Insurance producer for 25 consecutive years.
Questions
What insurance options do you offer for families?
We provide life, critical illness, and disability insurance tailored to family needs. Our advisors help determine appropriate coverage levels based on household income, debts, and future education costs.
How can you help small business owners?
We offer business overhead expense insurance, key person protection, and corporate tax planning strategies. Our solutions help maintain business continuity during owner disabilities or transitions.
Do you work with government employees?
Yes, we specialize in pension planning for public sector workers. Our advisors help maximize tax-free benefits and coordinate retirement income from multiple government programs.
What investment products are available?
We offer segregated funds, annuities, RRSPs, and TFSA-eligible investments. Our portfolio options range from conservative to growth-oriented strategies across multiple Canadian financial institutions.
How are you compensated for services?
We receive standard commissions from insurance providers and investment platforms. Our fee structure is transparent, with no hidden charges for advisory consultations or portfolio reviews.
Reviews (7)
Zahra Carino
Jan 24, 2022
Report
Frank has been looking after my family for over 20 years. He has taken the time to ensure our long term goals are met at my comfort level. Frank provides regular updates on my profile and acts proactively to make adjustments and/or suggestions on any improvements he feels are appropriate. I appreciate Frank's guidance over the years and would highly recommend him.
David Here
Oct 18, 2021
Report
Positive:Professionalism,Quality,Responsiveness,Value
I have been a client of this company for around 15 years. During that time, my insurance/investment needs have been very well managed by Frank Akhavan. The advice received and products recommended have served me well and I am most grateful for the services they have provided. I'm a most happy customer!
I have been a client of this company for around 15 years. During that time, my insurance/investment needs have been very well managed by Frank Akhavan. The advice received and products recommended have served me well and I am most grateful for the services they have provided. I'm a most happy customer!
Angelique Hanna
Oct 14, 2021
Report
Positive:Professionalism,Quality,Responsiveness,Value
I had a great advice for my insurance and investment needs from Frank at Royals BC Financial. I highly recommend him.
I had a great advice for my insurance and investment needs from Frank at Royals BC Financial. I highly recommend him.
Darren Muscoby
May 03, 2021
Report
Frank has been my financial adviser for many years and he has always guided me with friendly and professional service. Frank takes the time to care about my needs and he adds a personal touch that I like. He has a good insight to the markets and many different insurance companies and their policies to help me no over pay for my insurance needs.
Michele Pungente
Apr 02, 2021
Report
Frank Akhavan works tirelessly to match clients with the best coverage. I am very happy with my CI policy that I have had for over a year. I would recommend Frank Akhavan to anyone with their insurance and investment needs.
Jhhl Here
Feb 21, 2021
Report
Positive:Professionalism,Responsiveness
Frank has been helping me, and my family regarding our insurance, and investment needs for over 20 years. He is always very responsive, and he provides useful information regarding products he sales. Overall, my family, and I are super satisfied with RBCFI. We will for sure continue to do business with Frank.
Frank has been helping me, and my family regarding our insurance, and investment needs for over 20 years. He is always very responsive, and he provides useful information regarding products he sales. Overall, my family, and I are super satisfied with RBCFI. We will for sure continue to do business with Frank.
Dan Olive
Feb 14, 2021
Report
Positive:Professionalism,Quality,Responsiveness,Value
Ive worked with Frank for years and often refer clients, family and friends to him. He is well versed in life insurance and investment products and works hard for his clients. He is also extremely responsive and flexible in ensuring that customers service needs are met. Top notch through and through!
Ive worked with Frank for years and often refer clients, family and friends to him. He is well versed in life insurance and investment products and works hard for his clients. He is also extremely responsive and flexible in ensuring that customers service needs are met. Top notch through and through!
