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RBC Dominion Securities was the brand used by Royal Bank of Canada for full service brokerage services, primarily in Canada, and formed part of RBC's Wealth Management and Capital Markets divisions. Today, RBC Dominion Securities is known as RBC Capital Markets [ 1 ] and RBC Wealth Management.
Pioneer woman stockbroker Gail Winslow, who held a top position at Ferris & Co. in Washington, DC in 1979. Gail Winslow (Dec. 2, 1929 – Sept. 12, 2015) was a stockbroker, financial planner, and tax expert at the Washington, D.C. firm Ferris & Co (later Ferris, Baker Watts Inc., now owned by Royal Bank of Canada).
A $20 RBC banknote from 1938, issued for circulation in Barbados RBC Plaza in Minneapolis, headquarters for RBC Wealth Management, formerly Dain Rauscher Wessels, a firm acquired by RBC in 2000 RBC Centre. 1882: Merchants Bank of Halifax opened offices in Bermuda and Newfoundland. 1899: RBC opened an agency in New York City and a branch in Havana.
The firm traced its origins to a number of smaller regional securities firms founded in the 1920s and 1930s. In 2000, Dain Rauscher Wessels was acquired by Royal Bank of Canada and operated as a subsidiary under the name RBC Dain Rauscher. In 2008, RBC ended the usage of the Dain Rauscher brand. It is now known as RBC Wealth Management.
Other acquisitions include IFA firms Aylwin (2018), [13] Epoch Wealth Management (2019), [14] and actuarial consultancy Mathieson Consulting (2019). [15] In March 2022, RBC made a recommended offer for the company worth £1.6 billion, subject to regulatory and shareholder approval. [16] [17] The necessary approvals were secured in September ...
The brand name was originally used by RBC Bank USA (formerly RBC Centura), formed in 2001 when RBC acquired the Raleigh, North Carolina–based Centura Bank. In 2012, RBC Bank USA's banking division for American clients was sold to PNC Financial Services while RBC's cross-border banking services for Canadians were transferred to the newly ...
J.B. Hanauer, a wealth management firm established in 1931 and based in Parsippany, New Jersey, was bought out by RBC Dain Rauscher in March 2007. [1] RBC Dain Rauscher changed its name to RBC Wealth Management in October 2009.
The Royal Trust Company is a Canadian trust company that was founded in 1892 in Montreal, Quebec.By the late 20th century, it carried out trust, financial, real estate and deposit services in over 100 branches in Canada, the U.S. and overseas. [1]