Jersey / Guernsey, 20 June 2012 – RBC Wealth Management’s British Isles Trust and Fiduciary Services business has been named on Private Client Practitioner’s list of the Top 25 Trust Companies for the second successive year.
In assessing the entries, the judges looked at the volume and variety of the assets under administration, the number of client-facing professionals employed and the extent of each entrant’s international presence. A wide range of professional services industries competed for a position on the list, including law firms, accountancy firms, trust companies and international financial advisory services. The final list was selected by a judging panel following a vote by subscribers of eprivateclient, a website and news service for private client practitioners.
Earlier in the year, Private Client Practitioner also named RBC Wealth Management's British Isles Trust and Fiduciary Services business on their list of Top 25 Most Admired Companies, which celebrates the UK’s biggest and most successful private client-centric advisory businesses.
Paul Patterson, Head of Global Trust, RBC Wealth Management commented: “This achievement adds to the multiple accolades our British Isles Trust and Fiduciary Services business has recently earned, and it is a recognition of both the quality of RBC’s trust offering and the professionalism and excellence of our people.”
For more information, please contact:
Paul French, Communications, RBC Wealth Management, +44 (0)20 7002 2013
Timi Oni, Communications, RBC Wealth Management +44 (0)207 653 4516
About RBC Wealth Management
RBC Wealth Management is one of the world’s top 10 largest wealth managers. RBC Wealth Management directly serves affluent, high-net-worth and ultra high net worth clients in Canada, the United States, Latin America, Europe, the Middle East, Africa and Asia with a full suite of banking, investment, trust and other wealth management solutions. The business also provides asset management products and services directly and through RBC and third-party distributors to institutional and individual clients, through its RBC Global Asset Management business (which includes BlueBay Asset Management). RBC Wealth Management has more than C$560 billion of assets under administration, more than C$322 billion of assets under management and approximately 4,300 financial consultants, advisors, private bankers and trust officers.
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC. We are Canada’s largest bank as measured by assets and market capitalization, and are among the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis. We employ approximately 74,000 full- and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 51 other countries. For more information, please visit rbc.com.