RBC Dominion Securities awarded highest rating for bank-owned investment dealers in Investment Executive’s 2024 Brokerage Report Card

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This will mark the 18th consecutive year that RBC Dominion Securities has claimed the top spot

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TORONTO, June 10, 2024 – RBC Dominion Securities (RBC DS) has been named the highest-ranked bank-owned investment dealer in Canada in Investment Executive’s 2024 Brokerage Report Card (BRC) for an impressive 18 consecutive years. Since 1993, Investment Executive has surveyed investment advisors from brokerage firms across the country on several criteria, including their opinions about the support they receive from their firm, and overall performance. With 14 total institutions surveyed, eight independent brokerages and six bank-owned investment dealers took part in this year’s rankings.

Overall, RBC DS scored an average ranking of 9.0 and had top scores in 18 of 27 total categories key to helping advisors meet client needs.

“We are pleased to be the leading bank-owned full-service investment management firm in Canada as voted by our advisors for the 18th year in a row,” said David Agnew, CEO, RBC Wealth Management Canada. “Our financial success allows us to reinvest in our business and ensure our advisors have the tools and resources they need to continuously elevate the client experience for families of today and tomorrow.”

The following are some areas in which RBC DS received its top ratings:

  • Freedom to make product choices (9.9)
  • Products and support for high-net-worth clients (9.7)
  • Quality of firm’s product shelf (9.7)
  • Support for tax planning, Wills and estates (9.6)
  • Leadership team (9.5)
  • Strategic focus (9.4)
  • Support for insurance planning (9.4)
  • Support for discretionary portfolio management (9.4)

To read the full report card, visit https://www.investmentexecutive.com/feature/brokerage-report-card-2024

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$4.2 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