RBC Correspondent and Advisor Services awarded Best Innovative Client Solution at the Family Wealth Report Awards 2018

MINNEAPOLIS, MN, March 16, 2018 /CNW/ - RBC Correspondent and Advisor Services (CAS), part of RBC Wealth Management – U.S., has been named "Best Innovative Client Solution" at the 5^thFamily Wealth Report Awards 2018.

CAS won the award for BLACK, their integrated financial advisor platform, which was launched this past May. Within BLACK, RBC has bundled CircleBlack, Riskalyze, MoneyGuidePro^®, Redtail and Vestmark into one simple, intuitive platform. Accessible through a single login, BLACK is offered to RBC's clearing & custody clients with a strong desire to leverage the power of technology to enhance client relationships and grow their business. BLACK represents a unique and expandable platform containing a full menu of wealth management solutions developed by industry leading financial technology partners.

"We are extremely proud to be recognized for our ability to meet and exceed the needs of our clients, which is grounded on the strength of our capabilities and the unparalleled quality and commitment of our people," said Brett Thorne, Head of RBC Correspondent and Advisor Services. "Everyone has really pulled together to ensure we continue to deliver the highest level of service and innovation to help our clients thrive, and move us closer to our goal of being among the most trusted and successful clearing and custody institutions in the U.S."

RBC also was shortlisted for thee other awards recognizing its commitment to innovation, including North American Private Bank, Innovative Investment Solution and Thought Leadership.

Showcasing 'best of breed' providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognize companies, teams and individuals which the prestigious panel of judges deemed to have 'demonstrated innovation and excellence during 2017'.

ClearView Financial Media's CEO, and Publisher of Family Wealth Report, Stephen Harris, was first to extend his congratulations to all the winners. He said: "The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants' submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognize the very best operators in the private client industry, with 'independence', 'integrity' and 'genuine insight' the watchwords of the judging process - such that the awards truly reflect excellence in wealth management.

About RBC Correspondent Services and Advisor Services
RBC Correspondent Services is the third-largest clearing provider based on number of broker-dealer clients in the United States. The business specializes in providing comprehensive clearing, custody and execution services to independent broker dealers and their advisors who seek knowledgeable support, powerful trading tools and platforms, expanded investment choices, compelling advisor development programs and high quality proprietary research.

RBC Advisor Services is a full-service custody partner for RIA firms. RBC AS provides tailored access to a sophisticated wealth management and brokerage platform. Offering capabilities and solutions of an industry leader and providing personalized service and support in helping advisors manage their clients' wealth.

RBC Correspondent Services and RBC Advisor Services are divisions of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC, a wholly owned subsidiary of, and separate legal entity from, Royal Bank of Canada.

For more information, visit www.rbccorrespondentservices.com or www.rbcadvisorservices.com.

About RBC Wealth Management – U.S.
In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Capital Markets, LLC is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges. RBC Wealth Management has $348 billion in total client assets with approximately 1,800 financial advisors operating in 200 locations in 40 states.

About ClearView Financial Media Ltd ("ClearView")
ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high quality 'need to know' information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the Family Wealth Report group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events programme.

With teams based in London, Singapore, Switzerland, South Africa and the Philippines, the company is one of the fastest-growing media groups serving the financial services sector.

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SOURCE RBC Wealth Management - U.S.