Saturday, February 15, 2025

RBC Wealth Management

 RBC Wealth Management generally requires a minimum of $250,000 in investable assets for their professional wealth management services, though some services may have different minimums. 

Here's a more detailed breakdown:
  • General Minimum: For professional wealth management services, RBC Wealth Management typically requires a minimum of $250,000 in investable assets. 
  • RBC Unified Portfolio: This service has a minimum of $2,500. 
  • Consulting Solutions: This service has a minimum of $100,000. 
  • Portfolio Focus: This service has a minimum of $50,000. 
  • RBC Advisor: This service has a minimum of $25,000. 
  • RBC Private Banking: Clients are typically business owners, entrepreneurs, wealthy families, corporate executives or other professionals with a minimum of $1 million in investable assets or an overall net worth of $3 million. 
  • RBC Investment Advantage: You can participate individually as long as you have a minimum of $250,000 to invest in mutual funds. 
  • Fee waivers: Clients who have $250,000 or more in household assets with RBC WM or $500 or more in commissions during the last 12 months, accounts open less than 12 months, accounts with zero balance, Premier household, advisory wrap-fee program, pledged, or irrevocable trust/trust accounts with a TIN.

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