RBC Dominion Securities ranked as the highest bank-owned investment brokerage: Investment Executive Brokerage Report Card

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Sixteenth consecutive year as the top firm

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Toronto, ON – May 17, 2022 – RBC Dominion Securities (RBC DS) is the highest ranking bank-owned investment brokerage in Canada for the 16th consecutive year according to the 2022 Investment Executive Brokerage Report Card. The report interviews investment advisers for their thoughts on the support they receive from their firm.

Advisors rank their brokerage firm across 30 metrics for the report, and this year RBC DS achieved an overall average score of 9.0 out of 10, and topped 17 of 30 individual categories.

“As Canada’s leading wealth management firm, we continue to have a competitive advantage that enables us to build on our industry-leading investment solutions, wealth management services, and innovative digital tools,” said David Agnew, CEO, RBC Wealth Management Canada. “During some very challenging times where so many of competitors have struggled, our people, whether in client-facing or support roles, have stayed focused on providing the service our clients need now, more than ever. These results are a testament to their dedicated hard work, resilience and client service.”

RBC DS received its highest marks in the following areas:

  • Freedom to make objective product choices (9.9)
  • Quality of product offering (9.8)
  • Support for developing a financial plan for clients (9.7)
  • Reputation with clients and prospects (9.7)
  • Product and support for high-net-worth clients (9.6)
  • Support for wills & estate planning (9.5)
  • Leadership stability (9.5)
  • Support for insurance planning (9.5)
  • Support for fee-based models (9.4)
  • Remote work and mobile technology support (9.3)
  • Support for discretionary portfolio management (9.2)

To read the full report card, visit:
https://www.investmentexecutive.com/newspaper_/brokerage-report-card/

About RBC Wealth Management

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$1.3 trillion of assets under administration, C$1 trillion of assets under management and more than 4,800 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com.