MINNEAPOLIS, (January 8, 2026) — RBC Clearing & Custody, a leading provider of clearing, custody, and execution services to independent broker-dealers and registered investment advisors (RIAs), has been named the winner of the ThinkAdvisor 2025 Luminaries Award for Innovation. Now in its fifth year, the ThinkAdvisor Luminaries Awards continue to redefine excellence in financial services, spotlighting outstanding contributions from both organizations and individuals.
The firm received the award for RBC Nexus, a platform that centralizes client and household data, trading workflows, AI-driven insights, and integrates with best-in-class fintech partners—all at no additional cost to clients. Launched in 2024, the platform now serves 10,000+ advisors across 325 independent firms. Key integrations include Addepar, FactSet, Envestnet MoneyGuide, and Nitrogen, creating a seamless ecosystem that eliminates data silos and manual workflows.
“We’re honored to receive this award for the second year in a row, which validates our commitment to empowering advisors with cutting-edge technology,” said Brett Thorne, President, RBC Clearing & Custody. “RBC Nexus was built in partnership with advisors to simplify their daily operations, enabling them to focus on what matters most: serving their clients.”
Noel Stave, Chief Technology Officer, added: “Innovation at RBC means more than just adopting new tools, it’s about creating a cohesive, cost-effective platform that integrates the industry’s best solutions. With RBC Nexus, we’ve redefined what advisors expect from their custodian.”
By setting a new standard for recognition of remarkable achievements and innovation, the ThinkAdvisor 2025 Luminaries Awards program inspires the industry to reach new heights in leadership, creativity, and community engagement. A panel of independent judges, composed of distinguished industry professionals, determined the 2025 winners, who were recognized at an awards ceremony at the New York Hilton Midtown on December 4.
“The 2025 Luminaries Awards continue to set new standards for excellence in financial services,” said Janet Levaux, editor-in-chief of ThinkAdvisor. “This year’s honorees shine not only through bold leadership and groundbreaking innovation, but also through their deep commitment to strengthening communities and advancing the industry. Their achievements highlight the dynamic, evolving nature of financial services, and we are proud to showcase their work as an inspiring example for others to follow.”
About RBC Clearing & CustodyRBC Clearing & Custody provides clearing, custodian and execution services for independent broker-dealers and registered investment advisors. A leader in the U.S. brokerage industry since 1909 and a custody and clearing leader since 1979, RBC C&C specializes in delivering innovative technology, fiscal strength, world-class resources and attentive service to help financial services providers accomplish their business goals.
RBC Clearing & Custody is a division of RBC Capital Markets LLC, member NYSE/FINRA/SIPC, a wholly owned subsidiary of Royal Bank of Canada (RBC), one of the world’s largest and strongest banks. For more information, please visit https://www.rbcclearingandcustody.com/en-us/.
About ThinkAdvisorThinkAdvisor (ThinkAdvisor.com) delivers essential insights to financial advisors, RIAs, and wealth managers, covering industry trends, regulatory updates, and technological advancements to empower informed decision-making.
Media contactCaitlin Wilson, RBC Wealth Management, 612-210-6917, Caitlin.Wilson@rbc.com