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RBC Wealth Management Canada > RBC Private Banking > Why RBC Private Banking? > Awards and Recognition > Best Private Bank in Canada

RBC earns five wealth management honours at industry award galas

  • The Banker & PWM Global Private Banking Awards 2017 – October 26, 2017
    • “Best Private Bank in Canada” – awarded for a sixth consecutive year
    • “Best Performing Private Bank”
    • “Best Initiative of the year in relationship management (North America)”
  • Private Banker International Global Wealth Awards 2017 – October 13, 2017
    • “Outstanding Relationship Manager (RM) Training and Development Programme”
    • “Outstanding Global Private Bank – North America” – awarded for a second consecutive year

TORONTO, October 30, 2017 — RBC Wealth Management (RBC) continues to earn industry accolades for its differentiated investments in innovation, digital technology and advisor support.

“As one of the world’s leading global wealth management providers, it is our responsibility to find new ways to help clients achieve their financial goals,” said Doug Guzman, Group Head, RBC Wealth Management & RBC Insurance. “These awards are a great honour to the team because they prove that our investments in new tools and insights for our client-facing professionals are making a difference.”

Two initiatives that played important roles in bringing home awards this year were RBC’s new Advisor's Virtual Assistant (AVA) application, which won “Best Initiative of the year in relationship management (North America)” and RBC Wealth Management Canada’s Money in Motion (MiM) initiative, which earned “Outstanding RM Training and Development Programme.”

RBC launched AVA in Canada and the United States in 2016, a native iPhone and Android app that helps our advisors stay connected with their clients while they are on the go. AVA provides real-time access to client insights and portfolio details and includes features such as voice to text capabilities to capture client notes immediately. RBC is the first Canadian financial institution to bring this type of digital enablement to investment advisors.

As part of RBC’s ongoing commitment to assist clients plan their financial future, RBC Wealth Management Canada took a proactive approach and developed the MiM program. Launched in early 2017, MiM helps raise awareness of the importance of succession planning for clients, making it top of mind for our more than 1, 850 Canadian advisors of RBC Wealth Management Canada. The MiM program provides the foundation for a smooth transition of wealth and helps to facilitate an exceptional experience for the client and future inheritors.

Both the Banker & PWM Global Private Banking Awards and the Private Banker International Global Wealth Awards are determined through a rigorous qualitative and quantitative industry-reviewed judging process. The awards were handed out earlier this October.

 

About RBC Wealth Management

RBC Wealth Management is one of the world’s top five largest wealth managers*. RBC Wealth Management directly serves affluent, high net worth and ultra-high net worth clients globally with a full suite of banking, investment, trust and other wealth management solutions, from our key operational hubs in Canada, the United States, the British Isles, and Asia. The business also provides asset management products and services directly and through RBC and third party distributors to institutional and individual clients, through its RBC Global Asset Management business (which includes BlueBay Asset Management). RBC Wealth Management has C$874 billion of assets under administration, C$596 billion of assets under management and 4,780 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com.

*Scorpio Partnership Global Private Banking KPI Benchmark 2017.

 

Media contact:
Jean François Thibault, 416-955-6435

 

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