News Release

New Web-based Tool Featuring a Suite of Resources Available to RBC Clients

MINNEAPOLIS, MN (November 10, 2015) –  RBC Correspondent Services (RBC CS) and RBC Advisor Services (RBC AS) today unveiled Marketplace -- a new tool designed to help broker-dealers and registered investment advisors navigate the ever-expanding universe of financial products and services available to their businesses.

Marketplace is a free, easy-to-navigate tool built exclusively for RBC’s correspondent and RIA firm clients and their advisors. The web-based, mobile-friendly platform features the latest, world-class financial services offerings not only from RBC, but from third-party providers as well.

“There are so many choices in the financial services industry today that keeping track of them can be overwhelming, particularly for independent firms,” said Catie Tobin, head of RBC Correspondent Services and RBC Advisor Services. “By launching Marketplace, we’re helping simplify the process so our clients can spend more time managing and sustaining a successful business.”

Marketplace users are able to browse through several categories, filter by business model or role, and build their own unique business offering.

“At RBC Correspondent Services and RBC Advisor Services we want to be known as more than a premier clearing and custody partner.” said Brett Thorne, chief operating officer for RBC Correspondent Services and RBC Advisor Services. “We will go the extra mile to provide our clients with the solutions and choices they need to succeed.”

About RBC Correspondent Services and RBC Advisor Services 
RBC Correspondent Services is the second-largest clearing provider in the United States (Investment News, August 2015). 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, a wholly owned subsidiary of, and separate legal entity from, Royal Bank of Canada.

For more information, please visit www.rbccorrespondentservices.com or www.rbcadvisorservices.com. If you want to view the Marketplace tool, please email mktplc@rbc.com or visit casmarketplace.net to request a password.  

Jonell Lundquist, RBC Wealth Management:
612-371-2239 or jonell.lundquist@rbc.com   

Important disclosure information about Royal Bank of Canada (RBC) and RBC Capital Markets, LLC