Financial industry needs more women investment advisors, says RBC Dominion Securities

    TORONTO, Sept. 8 /CNW/ - The financial industry needs more women
investment advisors to meet the evolving needs of clients, according to RBC
Dominion Securities. As part of its ongoing commitment to develop its women
investment advisors, RBC Dominion Securities is hosting the first national
Women in Wealth Management Symposium from September 7 to 9, 2008, in
    "As wealth management becomes increasingly relationship-based, women are
well-positioned to capitalize on their expertise in this area," said
David Agnew, national director, RBC Dominion Securities. "We also need to be
representative of our clients. Our industry needs more women to reflect the
reality that women increasingly manage their financial affairs on their own."
    According to June 2007 edition of Investment Advisor Magazine, 80 to 90
per cent of women will be solely responsible for family finances at some point
in their lives and women prefer women advisors to men two to one.

    The symposium is designed to assist women in addressing the wealth
management needs of their clients. Key topics and presenters include:

    -   Long-Term Care - Karen Henderson, Certified EPC, Educator, Speaker,
        Author, Publisher and Founder, Long Term Care Planning Network
    -   Executor Services - Catharine Turner, CFP, FMA, Estate & Trust
    -   Will and Estate Consulting - Lisa Pape, B.A., LL.B., TEP, Will &
        Estate Consultant
    -   Financial Planning for Women in Divorce - Eva Sachs, CFP, Certified
        Divorce Financial Analyst
    -   "Putting yourself first" - Dr. Joti Samra, R.Psych., Clinical

    The symposium will also help create a sense of community, build a network
for women advisors and teams at RBC Dominion Securities and offer a forum for
sharing ideas and best practices.
    "Too often women do not even consider a career as an investment advisor,"
said Lori Pocock, vice-president, Business Development, RBC Dominion
Securities, and the lead organizer of the Women in Wealth Management
Symposium. "Having been with RBC Dominion Securities for more than 18 years, I
can tell you that this is a great time for women to consider this career
because the role now extends far beyond making investment recommendations.
Clients want their investment advisor to help them deal with complex family
issues, including the care of aging parents, succession planning for a family
business and paying for a child's education."
    Bobbi Benson, an investment advisor who recently joined RBC Dominion
Securities, added, "I am really impressed that RBC Dominion Securities gave me
an opportunity to meet my peers and recognize the value of encouraging more
women to enter our business. The experience has reinforced my belief that RBC
Dominion Securities is the best firm in the investment industry for women."

    About RBC Dominion Securities

    Building on more than 100 years of experience serving the financial needs
of clients, RBC Dominion Securities is Canada's leading full-service
investment and wealth management firm, with more than $155 billion in assets
under administration. More than 1,450 investment advisors and portfolio
managers across the country help clients achieve their financial 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. RBC Wealth Management also provides asset management
and trust products and services directly and through RBC and third-party
distributors to all client segments, and has C$500 billion of assets under
administration, more than
    C$240 billion of assets under management and more than 4,000 financial
consultants, advisors, private bankers and trust officers.

For further information:

For further information: Rina Cortese, RBC Wealth Management, (416)
974-6970; Beja Rodeck, RBC, Media Relations, (416) 974-5506

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