You seek a reliable clearing and custody partner. One you can entrust with the assets and financial records of clients who depend on you.
You may enjoy greater confidence knowing your dedicated clearing and custody partner is part of a well-known institution distinguished by a long heritage of financial strength. Our parent company, Royal Bank of Canada (NYSE:RY) is one of the world’s leading diversified financial services companies.1
We are proud to share the stewardship principles that have helped RBC earn a reputation for integrity and steadfast dedication to clients.
You may also feel more secure knowing that we understand your business. We are a division of RBC Capital Markets, LLC, one of the largest full-service securities firms in the United States. We have been serving the broker-dealer community since 1979 and currently support nearly 200 firms nationally.
1 RBC Capital Markets, LLC is the broker-dealer of RBC Correspondent Services, a wholly owned subsidiary of, and separate legal entity from, Royal Bank of Canada. Royal Bank of Canada does not guarantee any debts or obligations of RBC Capital Markets, LLC.
2 Moody’s® A2, Standard & Poor’s A and Fitch ratings AA, as of April 2019.
Customers’ assets are protected by the Securities Investor Protection Corporation (SIPC). SIPC protection currently covers up to $500,000 per account (of which $250,000 may be cash). RBC Wealth Management has purchased an additional policy which provides up to an additional $99.5 million per SIPC qualified account (of which $900,000 may be cash) subject to a total maximum aggregate of $400 million for RBC Wealth Management. Neither SIPC protection, nor protection in excess of that provided by SIPC, covers a decline in the value of customer’s assets due to market loss. Additional information is available upon request or at www.sipc.org.
RBC is one of North America's leading diversified financial services companies
RBC is one of the largest banks in the world, based on market capitalization.
Serving more than 16 million clients