Office address: 155 Wellington Street West, Toronto, ON M5V 3K7
Website: https://www.rbcwealthmanagement.com/en-ca/dominion-securities
Year established: 1901
Company type: investment management
Employees: over 5,600
Expertise: investing and portfolio management, estate planning, retirement planning, business financial planning, high-net-worth portfolios
Parent company: Royal Bank of Canada
CEO and key people: David Agnew, CEO
Financing status: corporate backed or acquired
RBC Dominion Securities is the wealth management arm of the Royal Bank of Canada, the country’s largest bank. The firm is an established leader in investment and wealth management with $170 billion in assets under management as of 2022.
Dominion Securities Corporation Limited was established in Toronto in 1901. Over the years, the company played a pivotal role in helping its clients build and preserve wealth. A turning point came in 1996 when Dominion Securities was acquired by the Royal Bank of Canada, becoming RBC Dominion Securities.
The firm's journey is marked by a commitment to sound financial planning and trusted investment advice. RBC Dominion Securities’ presence in the financial industry is strengthened by its affiliation with the Royal Bank of Canada, the country’s largest bank.
RBC Dominion Securities offers a wide range of products and services, such as:
The culture at RBC Dominion Securities is defined by a commitment to understanding and meeting the unique needs of each client. This client-centric approach is reflected in the personalized services provided by nearly 2,000 dedicated advisers across Canada.
RBC Dominion Securities is part of our list of most trusted investment firms in Canada.
As CEO of RBC Wealth Management, David Agnew oversees RBC Dominion Securities and its affiliate companies:
His career with RBC began in 1985 when he joined the firm as an investment advisor. Over the years, he held a number of management positions until his appointment as CEO of RBC Dominion Securities in 2008. He became CEO of RBC Wealth Management in 2010.
Agnew is a graduate of Concordia University and Queen’s University Executive Program.
Looking ahead, RBC Dominion Securities is set to continue its leadership in wealth management. With a focus on innovation and adapting to the growing needs of its clients, the firm is set to maintain its status as a leader in Canada's financial industry.
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