RBC Dominion Securities secures top spot for bank-owned investment firm according to Investment Executive’s 2023 Brokerage Report Card

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RBC Dominion Securities is proud to have ranked highest in this category for the past 17 consecutive years

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TORONTO, June 6, 2023 – RBC Dominion Securities (RBC DS) has once again been recognized as the highest-ranking bank-owned investment brokerage in Canada, according to Investment Executive’s 2023 Brokerage Report Card (BRC). Each year Investment Executive undertakes a qualitative assessment of brokerage firms, including in-depth interviews with both investment advisors and executives from across the country. This year’s report card included 14 brokerage firms: eight independent and six bank-owned brokerages.

This year, RBC DS scored an average ranking of 8.9 and topped 14 of 26 categories key to helping advisors meet client needs.

“We’re very pleased for being recognized by our advisors for the 17th year in row as the number one bank-owned investment firm in Canada.” said David Agnew, CEO, RBC Wealth Management Canada. “This is very special recognition for RBC Dominion Securities and we take it very seriously, as we are continuously evolving our business to meet the changing needs of our clients of today and tomorrow.”

Areas in which RBC DS received its highest rating includes:

  • Freedom to make product choices (9.6)
  • Quality of product shelf (9.6)
  • Support for insurance planning (9.4)
  • Leadership team (9.3)
  • Financial planning support & technology (9.3)
  • Support for tax planning, Wills and estate (9.3)
  • Products and support for HNW clients (9.2)

To read the full report card, visit https://www.investmentexecutive.com/feature/brokerage-report-card-2023/

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). It also includes our Investor Services business. RBC Wealth Management has over C$4 trillion of assets under administration, over C$1 trillion of assets under management and more than 6,000 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com.

For more information, please contact:

Nathaniel Wallace
Senior Manager, Corporate Communications, RBC Wealth Management, (437) 553-7680, nathaniel.wallace@rbc.com