RBC Correspondent Services Revenue and Competitors

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Estimated Revenue & Valuation

  • RBC Correspondent Services's estimated annual revenue is currently $34.9M per year.(i)
  • RBC Correspondent Services's estimated revenue per employee is $231,000

Employee Data

  • RBC Correspondent Services has 151 Employees.(i)
  • RBC Correspondent Services grew their employee count by 25% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$34.9M15125%N/AN/A

RBC Correspondent Services is the second-largest clearing provider in the United States based on number of broker-dealer clients served.* We specialize in providing comprehensive clearing, custody and execution services to independent broker-dealers and their advisors who seek knowledgeable support, powerful trading platforms, expanded investment choices, compelling advisor development programs and high quality proprietary research. RBC Advisor Services specializes in providing custody and clearing services to Registered Investment Advisors who serve the high-net-worth marketplace. Providing tailored access to leading brokerage and wealth management solutions, we offer unprecedented world-class capabilities including capital markets access, credit and lending, turnkey and separately managed account platforms, research and more. RBC Correspondent and RBC Advisor Services are proud to be values based organizations that share the same stewardship principles as our parent company, RBC. Our clients enjoy greater confidence knowing their dedicated clearing and custody partner is part of a respected institution distinguished by a long heritage of financial strength and steadfast dedication to clients. Our firm is a division of RBC Capital Markets, LLC, a wholly owned subsidiary of, and separate legal entity from, Royal Bank of Canada. Member NYSE/FINRA/SIPC. For more information, please visit www.rbccorrespondentservices.com or www.rbcadvisorservices.com. The information provided on this page is for general purposes only and does not constitute personal financial advice. Please consult with your own professional advisor to discuss your specific financial needs. For more information about our legal terms of use, please visit www.rbc.com/legal/#social_media. * RBC Correspondent Services is ranked second by number of broker-dealer clients (InvestmentNews 2016).

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Total Funding

151

Number of Employees

$34.9M

Revenue (est)

25%

Employee Growth %

N/A

Valuation

N/A

Accelerator

RBC Correspondent Services News

2022-04-20 - Russia appreciated Israel's proposal for a meeting between Putin and Zelensky

... Anatoly Viktorov said, RBC reports. “Israel has repeatedly offered its good mediation services in resolving the current situation.

2022-04-13 - PNC Financial Services (PNC) Q1 2022 Earnings Call Transcript

Hi, Rob. Rob Reilly -- Executive Vice President and Chief Financial Officer. Hi, Gerard. Gerard Cassidy -- RBC Capital Markets --- Analyst. Can...

2022-03-30 - Aegis Capital Corp. Announces the Hiring of a New Managing ...

(www.aegiscapcorp.com) a full-service wealth management, ... with RBC Correspondent Services whose parent company, Royal Bank of Canada...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$36.5M15147%N/A
#2
$40.2M1528%$53M
#3
$40.9M1532%N/A
#4
$48.6M15552%$223.6M
#5
$29.3M1555%N/A