LONDON, 14 April 2020 – RBC Wealth Management, part of Royal Bank of Canada (RBC), has today announced that it has joined the WealthiHer Network as a founding member to celebrate and empower women in the financial industry.
RBC joins a number of other founding partners that have come together to support the Network in transforming the approach and attitudes towards women, ensuring female clients are understood, truly accepted and better supported to protect and grow their wealth.
Commenting on the partnership, Annabel Bosman, MD, Head of Relationship Management, RBC Wealth Management, said: “Diversity and inclusion are key core RBC values that guide, unite and inspire us, and reflect the range of clients and communities that we serve. Joining the WealthiHer Network is a great opportunity for RBC to be at the forefront of celebrating, inspiring and empowering our female clients. As an industry we’re starting to make real progress in this area but recognise that there is still a long way to go. We’re excited that, together with the WealthiHer Network, we can help to make a real and lasting impact.”
Tamara Gillan, Founder and CEO at WealthiHer: “We are delighted to welcome RBC as a partner to the WealthiHer Network. We look forward to working with RBC to continue to unlock the power of our collective expertise and knowledge, delivered in new ways, to enable women to protect and secure their futures now more than ever before.”
Research conducted by RBC1 highlighted the significant role that women play in managing family wealth, with 84% having full or joint responsibility for overseeing the family investment portfolio. This perfectly complements WealthiHer’s mission which is to ensure that women are properly recognised and championed by the financial industry. Since launching in 2019 the Network has been empowering women with confidence and financial knowledge whilst working collaboratively with partners to transform the finance industry to make it fit for the future.
In the 2019 Global D&I Index Top 100 most diverse & inclusive organizations, RBC was ranked third with a score of 79.25/100 in Diversity and Inclusion (D&I)
1RBC Wealth Transfer Report 2017
Ben Adams, RBC Wealth Management / +44 (0) 20 7653 4516 / ben.adams@rbc.com
Jamie Brownlee, Greentarget / +44 (0) 20 7324 5498 / jamie.brownlee@greentarget.co.uk
Alice Gasson, Greentarget / +44 (0) 20 7324 5498 / alice.gasson@greentarget.co.uk
Eleonore Basle Greentarget / +44 (0) 20 7324 5491 / 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$1.11 trillion of assets under administration, almost C$793 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 85,000+ employees who 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.
The WealthiHer Network was founded in 2019 by entrepreneur Tamara Gillan of Cherry London, a champion for female empowerment, and Lauren von Stackelberg, a diversity change agent who spent 10 years in finance.
The Network is supported by 14 Partners: Barclays Private Bank, Brewin Dolphin, Brown Advisory, C5 Capital, Chubb, Close Brothers Asset Management, Federated Hermes, HSBC Private Banking, Investec Private Banking, J.P. Morgan, Julius Baer, Kleinwort Hambros, RBC, Reddings Wealth Management and Irwin Mitchell Solicitors. These organisations come together to celebrate, inspire and empower female clients – the world’s biggest and most important emerging market.
The Network is an essential force for change, championing the transformation of the industry’s approach to women. Helping women be more understood, accepted and catered for and in doing so supporting women to protect and grow their wealth.
The WealthiHer Network has been created by Cherry London, the brand relationship building company; Tamara and her team lead the vision and strategy on behalf of the Network partners.
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