RBC Capital Markets, LLC

Broker-DealerFINRA MemberEst. 1977

Total AUM

$310B

Discretionary

$235B

76% of AUM

Accounts

511,871

Employees

8,781

Advisory reps

6,531

Brokerage reps

6,457

Firm details

Headquarters: New York, New York
CRD number: 31194
Registered since: June 2, 1977
Website: www.rbccm.com
Fee structure: Percentage of AUM, Fixed Fees
Client types: Individuals58.71%
HNWI31.73%
Corporations / Businesses4.45%
Charitable Organizations3.48%
Pension & Profit Sharing Plans0.86%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

RBC Capital Markets, LLC is the broker-dealer and investment-banking arm of a larger banking franchise, organized as an LLC and registered with the SEC since 1977. The firm operates across several roles common to integrated financial-service providers: conventional broker-dealer, qualified custodian, investment bank and bank broker-dealer. Its client base spans high-net-worth individuals and families as well as institutional clients, and its reported fee models include both percentage-of-AUM and fixed-fee arrangements. Business functions extend beyond execution and underwriting. The firm is registered as a futures commission merchant and a security-based swap dealer and also acts as an insurance broker and registered municipal advisor. Its advisory capabilities include financial planning, portfolio management for individuals, pooled vehicles and institutions, selection of other advisers, pension consulting and educational seminars. The firm does not classify itself as an active ESG investor in the source data.