Jersey, 19 January 2021 – RBC Wealth Management, part of Royal Bank of Canada (RBC) has appointed Gail McCourt as Head of Private Client Fiduciary Services for its British Isles business.
In her new role, Ms McCourt will lead RBC Wealth Management’s award-winning¹ Fiduciary Management and Technical Trust teams in the Channel Islands, providing solutions to help clients preserve their wealth and create a meaningful legacy. Ms McCourt is based in Jersey and will report to Dave Thomas, CEO, RBC Europe.
Ms McCourt joined RBC in 2003 where she has also held roles including Head of Marketing, Head of Regional Market Strategy, Head of Client Experience and, most recently, four years as Head of Fiduciary Management. She is an active advocate of diversity and inclusion and in 2018 was recognized by mental health charity Mind with its ‘Senior Leader Award’, in celebration of her commitment to driving a healthy, inclusive and respectful workplace culture.
“Gail has built great momentum in our fiduciary management business over the past four years, particularly in supporting and empowering our teams, and delivering client service excellence and business efficiency,” said Mr. Thomas. “We are delighted that she has taken on this expanded role, as we continue to work with families to meet their international wealth and estate objectives over the long term.”
As one of the largest providers of fiduciary services in the Channel Islands, RBC Wealth Management has expertise in complex, multijurisdictional, dynastic planning for UHNW clients and their families. Its fiduciary teams are based in Jersey and Guernsey with 300 experienced individuals administering assets across jurisdictions while considering tax implications, probate and legal matters. Clients value RBC’s stability and longevity as a bank-owned trust business with over 55 years’ experience.
¹ In the 2019 Euromoney Awards RBC Wealth Management won ‘Best Ultra High Net Worth Clients (Jersey)’ and ‘Best Super Affluent Clients (Jersey)’. More recently, RBC Wealth Management was named ‘Best Institutional Trust or Fiduciary Company’ at the 2020 WealthBriefing European Awards.
Note to media
In November, RBC Wealth Management announced that it had appointed Juan Aronna as Head of Investments, Wealth Management International and Wealth Management Asia, responsible for the leadership of RBC Wealth Management’s investments teams in London, Jersey, Singapore and Hong Kong.
Ben Adams, RBC Wealth Management, +44-20-7653-4516, or ben.adams@rbc.com
Ellie Basle, Greentarget, +44 (0) 203 963 1893, or eleonore.basle@greentarget.co.uk
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$1.1 trillion of assets under administration, C$836 billion 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.
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 86,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
This publication has been issued by Royal Bank of Canada on behalf of certain RBC ® companies that form part of the international network of RBC Wealth Management. You should carefully read any risk warnings or regulatory disclosures in this publication or in any other literature accompanying this publication or transmitted to you by Royal Bank of Canada, its affiliates or subsidiaries.
The information contained in this report has been compiled by Royal Bank of Canada and/or its affiliates from sources believed to be reliable, but no representation or warranty, express or implied is made to its accuracy, completeness or correctness. All opinions and estimates contained in this report are judgments as of the date of this report, are subject to change without notice and are provided in good faith but without legal responsibility. This report is not an offer to sell or a solicitation of an offer to buy any securities. Past performance is not a guide to future performance, future returns are not guaranteed, and a loss of original capital may occur. Every province in Canada, state in the U.S. and most countries throughout the world have their own laws regulating the types of securities and other investment products which may be offered to their residents, as well as the process for doing so. As a result, any securities discussed in this report may not be eligible for sale in some jurisdictions. This report is not, and under no circumstances should be construed as, a solicitation to act as a securities broker or dealer in any jurisdiction by any person or company that is not legally permitted to carry on the business of a securities broker or dealer in that jurisdiction. Nothing in this report constitutes legal, accounting or tax advice or individually tailored investment advice.
This material is prepared for general circulation to clients, including clients who are affiliates of Royal Bank of Canada, and does not have regard to the particular circumstances or needs of any specific person who may read it. The investments or services contained in this report may not be suitable for you and it is recommended that you consult an independent investment advisor if you are in doubt about the suitability of such investments or services. To the full extent permitted by law neither Royal Bank of Canada nor any of its affiliates, nor any other person, accepts any liability whatsoever for any direct or consequential loss arising from any use of this report or the information contained herein. No matter contained in this document may be reproduced or copied by any means without the prior consent of Royal Bank of Canada.
Clients of United Kingdom companies may be entitled to compensation from the UK Financial Services Compensation Scheme if any of these entities cannot meet its obligations. This depends on the type of business and the circumstances of the claim. Most types of investment business are covered for up to a total of £85,000. The Channel Island subsidiaries are not covered by the UK Financial Services Compensation Scheme; the offices of Royal Bank of Canada (Channel Islands) Limited in Guernsey and Jersey are covered by the respective compensation schemes in these jurisdictions for deposit taking business only.