RBC Wealth Management Achieves Triple Recognition at Global Wealth Awards 2026

In a significant achievement for the financial services industry, RBC Wealth Management, the largest full-service wealth management firm in Canada, has garnered the title of Outstanding Private Bank in three categories at the prestigious Private Banker International Global Wealth Awards. This recognition not only underscores RBC's excellence in the realm of private banking but also aligns with its strategic objectives of enhancing client relationships, leveraging cutting-edge technology, and fostering growth across North America and globally.

A Testament to Excellence

The awards were conferred upon RBC Wealth Management in recognition of its outstanding performance and service across three key categories: Global, North America, and Growth Strategy. For the third consecutive year, RBC has been celebrated in the Global category, demonstrating a consistent trajectory of success and commitment to excellence in private banking.

Neil McLaughlin, Group Head of RBC Wealth Management Insurance, stated, “Wealth management is about understanding a client's life in its entirety—their family, their business, and their long-term goals. Few clients today have simple needs; their wealth increasingly spans borders and generations.” This philosophy has been central to RBC's approach, allowing it to build lasting relationships based on trust and mutual understanding.

The Private Banker International Global Wealth Awards celebrate firms that deliver excellence in private banking. RBC's strategy involves a client-first approach, which resonates strongly within the wealth management sector. By focusing on tailored solutions and outstanding customer care, RBC continues to build upon its already impressive reputation.

Leadership in Wealth Management

In Canada, RBC Wealth Management stands out as the top retail mutual fund company and holds the largest market share among high-net-worth clients. Notably, RBC Dominion Securities has achieved the highest advisor rating among bank-owned investment dealers in Investment Executive's 2026 Brokerage Report Card for an impressive 20 years. This consistency emphasizes RBC's dedication to quality service and knowledgeable advisors.

RBC Wealth Management has also made significant strides in the U.S. and U.K., ranking within the top six wealth management firms based on assets under administration. Over the span of five years, U.S. earnings have soared by 91%, bolstering its client base to approximately 320,000 households.

Investing in Technology and Client Experience

A cornerstone of the client experience at RBC is the bank's ongoing investment in technology. In April 2026, RBC Wealth Management won two PWM Wealth Tech Awards for its innovative AI strategy and the introduction of RBC Assist, an in-house generative AI tool aimed at streamlining advisory services. With 100% of advisors now utilizing RBC Assist, over 75,000 employees globally are leveraging AI platforms to optimize efficiency and foster deeper client interactions.

As RBC moves forward, the firm remains dedicated to further enhancing client relationships and continuing its investments in the necessary technology and talent to provide exceptional client experiences. The convergence of expertise, client-first mentality, and technological prowess positions RBC Wealth Management as a leader in the private banking sector.

About RBC Wealth Management

Royal Bank of Canada is recognized globally for its performance-driven and principles-led approach. With a diverse business model focused on innovation and client service, RBC serves over 19 million clients across Canada, the U.S., and 27 additional countries worldwide. RBC Wealth Management specifically caters to affluent and high-net-worth clients, offering a comprehensive suite of services from wealth management to investment and banking solutions.

With over CAD 5.8 trillion in assets under administration and a dedicated team of over 6,000 financial professionals, RBC is committed to helping clients thrive while also supporting various community initiatives through donations and volunteering efforts.

For more information, visit RBC Wealth Management.