RBC Dominion Securities Breaks Through $150 Billion Mark in Client Assets Under Administration



    A First in Canadian Wealth Management

    TORONTO, March 26 /CNW/ - RBC Dominion Securities Inc., the Canadian
leader in comprehensive wealth management services, has broken through the
$150 billion mark in client assets under administration, a first in the
Canadian wealth management industry.
    "We're very proud of this achievement," said David Agnew, national
director, RBC Dominion Securities. "It's the result of providing advisors with
the best tools - from investment management to estate planning and insurance
-- to help them meet their clients' goals. In return, our clients receive a
distinctively superior wealth management experience."
    As the largest wealth management firm in Canada, RBC Dominion Securities
leverages the full resources of RBC, which was named Canada's most respected
company for four consecutive years. "Our advisors have the best of both
worlds: their own distinctly entrepreneurial focus, plus access to the global
capabilities of RBC Capital Markets and RBC Wealth Management and an excellent
partnership with professionals within RBC Canadian Banking," said George
Lewis, group head, RBC Wealth Management. "This allows us to create truly
customized solutions for each client's unique investment and broader wealth
management needs."
    Another clear advantage for clients is the ability for accredited RBC
Dominion Securities advisors to provide discretionary portfolio management
services. Discretionary assets account for 10 per cent of the asset base at
RBC Dominion Securities, making it the leading IDA-regulated wealth management
firm to offer discretionary investment management. Combined with the
investment management business of RBC Private Counsel, RBC is the No.1
provider of discretionary investment management services to individuals in
Canada.
    "These advantages are compelling for financial advisors looking to offer
the very best to clients," said Agnew. "Over the past two years, we've
welcomed 70 seasoned investment advisors and portfolio managers from our
competitors, and each of them has told me that RBC has the best wealth
management platform in Canada from which to serve clients."

    About RBC Dominion Securities
    RBC Dominion Securities is the Canadian leader in comprehensive wealth
management services including investments, estate planning and insurance and
has been helping Canadian investors since 1901. Clients include affluent
individuals, families, businesses, charities and organizations primarily
concerned with building, preserving and inter-generational transfer of wealth.
More than 1,300 investment advisors and portfolio managers located in 100
branches across Canada provide comprehensive wealth management solutions on
both an advisory and discretionary basis to help clients achieve their goals.
    RBC Dominion Securities is part of RBC Wealth Management which directly
serves affluent and high net worth clients in Canada, the United States, Latin
America, Europe and Asia, provides asset management and trust services through
RBC partners and third-party distributors and has over $500 billion of assets
under administration, 3,500 financial advisors and $150 billion of assets
under management.




For further information:

For further information: Katherine Gay, RBC Wealth Management, (416)
974-6286 or katherine.gay@rbc.com; Kathy Bevan, RBC, (416) 974-8810 or
kathy.bevan@rbc.com


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