# RBC Dominion Securities

RBC Dominion Securities is a Bank / Wealth / Trust based in Toronto, Canada.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Toronto, Canada
- **Region:** North America
- **Address:** Toronto, Canada
- **Founded:** 1901
- **Assets under management:** Undisclosed
- **Website:** rbcds.com
- **LinkedIn:** https://www.linkedin.com/company/rbc-dominion-securities
- **Wikidata:** Q7275924

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1901, the firm operates as the flagship Canadian wealth-management brand within RBC Wealth Management. While it is not a multi-family office or an independent asset manager, its 120-plus-year history has made it the primary channel through which Canada's mass-affluent and high-net-worth individuals access managed portfolios, financial planning, and the parent bank's institutional resources. Wealth originates with the clients — entrepreneurs, executives, families, foundations — rather than a single family's operating business. The firm's strategy is relationship-driven distribution, not proprietary investing. Advisors build customized portfolios that can include managed investment strategies, ESG and responsible-investment mandates, and access to RBC's broader suite of estate, trust, tax, charitable-giving, business-succession, and retirement-income-planning services. It is predominantly a Canada-focused franchise, with regional directors covering Quebec (Jérôme Brassard), Greater Toronto (Aaron Foster), Central/Northeast Ontario and Atlantic Canada (Scott Murray), British Columbia (Steve Harrop), Alberta and the Prairies (Stewart Robinson), and South West Ontario (Kelly Scrivens). The organization is structured as a regulated investment dealer and does not publish headcount or assets under administration. It is ranked number one in Canada's retail brokerage and distribution space, per Investor Economics' Retail Brokerage and Distribution Report—Canada (Fall 2023). Its parent, Royal Bank of Canada, held the largest market capitalization among Canadian financial institutions as of January 31, 2024. A recent publicly visible operational marker is the maintenance of its six-region leadership model, unchanged in the firm's current disclosures. Structurally, RBC Dominion Securities is distinct from independent family offices and asset managers: it operates as a captive distribution arm, converting RBC's balance-sheet and product-creation capabilities into advisory relationships. The regional director model gives it a federated governance footprint unusual among bank-owned wealth managers, delegating local P&L and cultural authority while drawing product from a centralized institutional platform.

## Sectors

- Wealth Management
- Private Banking
- Estate & Trust Planning

## People

- Jérôme Brassard — Regional Director, Quebec
- Aaron Foster — Regional Director, Greater Toronto Region
- Scott Murray — Regional Director, Central, North East Ontario and Atlantic
- Steve Harrop — Regional Director, British Columbia
- Stewart Robinson — Regional Director, Alberta and Prairies
- Kelly Scrivens — Regional Director, South West Ontario

## Questions

### Does RBC Dominion Securities participate in direct private investments or fund commitments?

The firm itself is not an institutional allocator making direct private-market bets or fund commitments. It provides access to RBC-managed investment vehicles and strategies, including ESG-focused and risk-customized portfolios, but asset-allocation authority rests with the end-client in partnership with the advisor.

### Is RBC Dominion Securities regulated, and what does that constrain?

Yes. As a Canadian investment dealer, it is subject to oversight by the Canadian Investment Regulatory Organization and provincial securities commissions. This constrains it to suitability-determined advisory, managed-account, and brokerage services rather than the unconstrained deal-making typical of single-family offices.

## Related profiles

- [RBC Capital Markets](https://altss.com/profile/rbc-capital-markets)
- [RBC Global Asset Management (U.S.)](https://altss.com/profile/rbc-global-asset-management-u-s)

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Last updated: 2026-06-03T20:00:00.000Z

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