RBC’s global asset-management business underpins its wealth-management offering, and its already dominant position in the Canadian market is increasingly being complemented by a strong showing in the US, as well as other regions around the world.
RBC Wealth Management operates through four linked divisions: RBC Dominion Securities, RBC Private Banking, RBC Royal Trust and RBC Phillips, Hager & North Investment Counsel.
In total, the wealth-management franchise has more than C$1.4 trillion ($1 trillion) of assets under administration globally and more than C$1 trillion of assets under management.
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