RBC Securities provides investment advisory services through the RBC Securities Asset Allocation Program, which is a bundled fee program designed to help individuals manage their wealth and meet their financial goals. RBC Securities works with clients to understand their financial situation, time horizon, and risk tolerance, and then partners with its affiliate, RBC Rochdale, to build and manage diversified investment portfolios using mutual funds and exchange-traded funds. RBC Securities acts as the primary contact and broker, while the affiliate manages the day-to-day investments with the authority to make trades without asking first. The firm offers several asset allocation strategies ranging from conservative income to aggressive growth. Clients' assets are held in custody by National Financial Services. The program is designed for individuals, trusts, estates, and retirement accounts seeking professional portfolio management, though it does not include standalone financial planning services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1M+ | 1.00% |
Rates shown are for growth-oriented strategies. Fixed income and conservative strategies charge 0.80% on the first $1M and 0.65% on amounts over $1M. Fees are negotiable in certain circumstances.