Our history

The history of RBC Wealth Management reflects the combined heritage of RBC and Brewin Dolphin. While RBC’s presence in the UK spans more than a century, the origins of our business reach further back – to the founding of Royal Bank of Canada in the 19th century and early stockbroking partnerships in London dating to 1762.

Across generations, our firm has adapted to shifting markets and to the evolving needs and ambitions of our clients. What has remained constant is our belief that doing what is right for our clients is the foundation of enduring success – a principle that continues to guide us today.

Our story begins with two distinct origins – in London and Canada – which together form the foundations of the organisation we are today in Europe.

Foundations

1762–1899

1762 – early origins

John Dawes begins trading at Jonathan’s Coffee House, the precursor to the London Stock Exchange. His business later became part of Brewin Dolphin, which is now part of RBC Wealth Management.

1865 – a new partnership

Arthur Brewin is admitted to the London Stock Exchange and joins his friend, Alexander Christie, to form Christie & Brewin.

1869 – RBC is founded

Originally incorporated as The Merchant’s Bank of Halifax, Royal Bank of Canada (RBC) begins operations in Nova Scotia.

1871–1890s – growth and partnership

New partnerships shape both firms, including the founding of James Dolphin’s stockbroking business.

1890 – early innovation

The first telephone is installed at the London office of Christie & Brewin, where there are few other modern amenities. Partners rely on candles for light and a coal fire for warmth.

Growth

1900–1979

As financial markets developed, we expanded our presence and strengthened our role in supporting clients across regions.

1901 – RBC Wealth Management takes shape

RBC establishes its early investment business in Toronto, focused on underwriting and distributing bonds.

1901 – a growing Brewin Dolphin network

Dolphin & Son merges with Fisher to form Dolphin, Son & Fisher.

1910 – crossing the Atlantic

RBC opens a London office, expanding international capabilities.

1930s–1960s – building a modern financial presence

Both organisations deepen their expertise and expand operations through market cycles and evolving client needs.

1962 – expanding Jersey

RBC opens its Jersey office as the region develops into a growing financial centre.

1973–1974 – Brewin Dolphin takes its modern form

Christie & Brewin evolves into Brewin & Co, which then merges with Wontner, Dolphin & Francis (the successors to John Dawes and to Dolphin, Son & Fisher) to form Brewin Dolphin.

Transformation

1980–2009

Through changing market conditions and advances in technology, we enhanced our capabilities and evolved how we serve clients.

1993 – national expansion

Brewin Dolphin and Bell Lawrie White merge to form a national independent investment management firm.

1997 – strengthening investment insight

The acquisition of Wise Speke adds a robust research capability to Brewin Dolphin.

2005 – growing international strength

RBC acquires Abacus, expanding its financial services footprint across the British Isles.

2005–2009 – foundations for the future

Both firms continue to modernise their services, strengthen investment capabilities and deepen expertise.

Evolution

2010–Today

In recent years, we have entered a new phase, bringing together complementary expertise to create a combined wealth management organisation.

2012 – 250 years of Brewin Dolphin

The firm marks its 250th year supporting clients through changing markets.

2015 – Brewin Portfolio Service launches

A new online investing service, providing a simple digital option for clients.

2016 – a new home in Jersey

RBC further demonstrates its commitment to Jersey by relocating to new waterfront offices at Gaspé House.

2021 – RBC unites its London businesses

Capital Markets, Wealth Management and Investor & Treasury Services move into the iconic, sustainable new headquarters at 100 Bishopsgate.

2022 – a new chapter together

Royal Bank of Canada acquires Brewin Dolphin. This move expands our wealth management offering, combining complementary strengths to give clients access to a wider range of expertise and more ways to help them achieve their goals.

Today – evolving through ideas

We bring together deep expertise, shared values and a long-term perspective to support the wealth management needs and ambitions of individuals, families and organisations across the UK, Jersey and Ireland.