RBC Wealth Management Shines with Triple Recognition at Global Wealth Awards

On October 19, 2026, RBC Wealth Management, recognized as Canada's largest full-service wealth management firm, earned the title of Outstanding Private Bank in three impressive categories during the Private Banker International Global Wealth Awards. This prestigious recognition reflects RBC's commitment to excellence and their strategic approach to client services.

The three categories in which RBC triumphed include Global, North America, and Growth Strategy. This accomplishment marks a notable achievement, showcasing RBC's sustained excellence for three consecutive years in the Global category and an extraordinary six years in North America. Such victories place RBC Wealth Management at the forefront of the global private banking sector, reflecting its dedication to delivering excellence to clients.

The Private Banker International Global Wealth Awards celebrate institutions that demonstrate outstanding performance in various aspects of private banking. This year's recognition highlights RBC Wealth Management's client-first strategy, merging strong leadership within the Canadian market with ongoing expansion efforts across North America and the globe. Through this dual approach, RBC has imposed itself as a leader in key markets, continually raising the bar for financial services.

In Canada, RBC Wealth Management has earned its reputation as the leading retail mutual fund provider and commands a significant share of the high-net-worth market. Furthermore, its division, RBC Dominion Securities, boasts the best advisor ratings among bank-owned investment firms, achieving this distinction in Investment Executive's 2026 Brokerage Report Card for two decades consecutively. Such accolades are a testament to the consistent trust and reliability RBC establishes in the financial sector.

In addition to its Canadian dominance, RBC Wealth Management holds a reputable stature in the U.S. and U.K. markets, ranking among the top six wealth management firms based on assets administered. The firm experienced a remarkable 91% increase in U.S. earnings over five years and now serves approximately 320,000 households. This strong client base illustrates the firm’s expansive reach and growing influence.

A significant part of the client experience provided by RBC Wealth Management is attributed to its ongoing investment in innovative technologies and tools designed to enhance advisor-client interactions. In April 2026, RBC showcased its commitment to technological advancement by securing two PWM Wealth Tech Awards for its AI-driven strategy and the development of RBC Assist, an in-house generative AI tool. This resource has been successfully integrated across its workforce, benefiting more than 75,000 employees that utilize RBC's AI platforms to increase productivity and enhance client engagement.

Neil McLaughlin, Group Head of RBC Wealth Management Insurance, remarked, "Wealth management is about understanding a client’s entire life journey—their family, business, and long-term aspirations. Today's clients' needs are increasingly complex as their wealth transcends boundaries and generations. Our dedicated team of experts is essential in addressing these holistic needs, offering the kind of advice and relational trust that lasts through the years. These awards validate our direction, and we owe this success to the advisors, bankers, and trust officers who bring this commitment to life for our clients."

Going forward, RBC Wealth Management is focused on strengthening client relationships and continuing investments in talent and technology. This strategic pathway will ensure that RBC maintains its competitive edge in delivering exceptional client experiences.

About RBC

The Royal Bank of Canada operates globally with a commitment to a principles-led approach that delivers top-tier performance. The foundation of their success stems from a workforce of over 105,000 employees who employ their insights and creativity to realize RBC’s vision and strategy, ultimately aiding clients in flourishing. As Canada's largest bank and one of the largest globally by market capitalization, RBC offers a diversified business model centered on innovation.

About RBC Wealth Management

RBC Wealth Management caters directly to affluent and high-net-worth clients worldwide, providing a comprehensive suite of banking, investment, and asset management solutions. The firm manages over C$5.8 trillion in assets under administration and C$1.7 trillion in assets under management. With a skilled team of over 6,000 financial professionals, RBC Wealth Management remains at the forefront of providing financial security and growth opportunities for their clients.