Advisory account management

Streamline process and boost transparency

AdvisoryLink is the central application used to conduct managed account business through RBC Clearing & Custody. AdvisoryLink streamlines the management of advisory business, creating efficiencies for both your financial professionals and your management team.

Simplify tasks associated with all aspects of managing advisory business

RBC worked with Envestnet to provide the front-end technology for our RBC Advisory Account programs. The system provides our users a centralized hub for their advisory account business. Financial professionals can see all of their RBC Advisory program accounts on the platform, review fees and monitor their accounts risk level.

The system makes it easy for a financial professional to create customized proposals for new and existing clients. AdvisoryLink is also the application used to provide ongoing maintenance for all accounts, including risk monitoring, service requests, goal modifications and more.

Advisory account management benefits

• Advisory Master Account Agreement (AMSA) client-level advisory contract that allows you to open and effect certain investment advisory transactions via verbal client consent.
• AMSA also provides a single contract that may cover multiple client accounts with the same account ownership and signing authority.
• Fully integrated with performance reporting.