You may enjoy greater confidence knowing your dedicated clearing and custody partner is part of a well-known institution distinguished by a long heritage of financial strength. Our parent company, Royal Bank of Canada (NYSE:RY) is one of the world’s leading diversified financial services companies.1
We’re proud to share the stewardship principles that have helped RBC earn a reputation for integrity and steadfast dedication to clients.
You may also feel more secure knowing we understand your business. We’re a division of RBC Capital Markets, LLC, one of the largest full-service securities firms in the United States. We’ve been serving the broker-dealer community since 1979 and plan to be an industry leader for decades to come.
Benefit from four levels of account protection for client assets:
1 RBC Clearing & Custody is a division of RBC Capital Markets, LLC, which is a wholly owned subsidiary of, and separate legal entity from, Royal Bank of Canada. Royal Bank of Canada does not guarantee any debts or obligations of RBC Capital Markets, LLC.
2 Moody’s Aa2, Standard & Poor’s AA-, as of April 2020.
Customers’ assets are protected by the Securities Investor Protection Corporation (SIPC). SIPC protection currently covers up to $500,000 per account (of which $250,000 may be cash). RBC Wealth Management has purchased an additional policy which provides up to an additional $99.5 million per SIPC qualified account (of which $900,000 may be cash) subject to a total maximum aggregate of $400 million for RBC Wealth Management. Neither SIPC protection, nor protection in excess of that provided by SIPC, covers a decline in the value of customer’s assets due to market loss. Additional information is available upon request or at www.sipc.org.
RBC is one of North America's leading diversified financial services companies
RBC is one of the largest banks in the world, based on market capitalization.
Serving more than 16 million clients
