RBC Business Segments Overview
Wealth Management
Leveraging Canadian strengths to build global leadership
■
■
Building a high performing global asset management business
Top quartile in terms of industry profitability(1)
Global Asset Management grew AUM on average 2 times faster
than the industry from January 2009 through June 2014
Focusing on HNW and UHNW client segments to extend our industry-
leading share of HNW client assets in Canada and expand share
globally
Driving strong advisor productivity as a leader in fee-based assets
per advisor(2)
Client assets at $1.2 trillion in Q1/2015, a 15% YoY increase
Grew AUA by 14% and AUM by 17% since Q1/2014
Currently restructuring our International Wealth businesses
Revenue and Net Income
($ millions)
6,313
5,487
1,697
4,835
1,373
1,117
2,430
2,225
1,977
Net Income
Q1/2014: $235 MM
Q1/2015: $230 MM
Cash Earnings
($ millions)
CAGR: 19%
953
819
1,161
Recent awards / rankings
Top 5 Global Wealth Manager by assets (Scorpio)
Private Bank of the Year (Spear's)
RBC
Outstanding Wealth Manager - Customer Relationship Service and
Engagement (Private Banker International)
Best Overall Fund Group (Lipper, Canada)
Top 50 Global Asset Manager (Pensions & Investments / Towers Watson)
Best Private Banking Services Overall - Canada, Caribbean, Cayman
Islands, Jersey (Euromoney)
Channel Islands Private Bank of the Year (Citywealth International
Financial Centre Awards)
Best Bank-owned Brokerage Firm in Canada (International Executive
Brokerage Report Card)
Leading Canadian Private Bank; Leading Individual Award (Family
Wealth Report Awards)
AUA & AUM
($ billions)
AUA CAGR: -13%
AUM CAGR: -17%
768
718
639
578
II. 6661
248
387
340
480
452
1,535
1,666
2,186
1,741
1,889
433
462
A
582
665
753
886
1,083
520
539
2012
2013
2014
Canadian WM
U.S. & International WM
Q1/2014
GAM
Q1/2015
Net Income
2012
2013
2014
Q1/2015
2012
2013
2014
Q1/2015
AUA AUM
Investor Relations
(1) BCG Asset Management Benchmarking Survey 2013. (2) Investor Economics Report published in December 2013.
HNW: High net worth; UHNW: Ultra-high net worth; AUA: Assets under administration; and, AUM: Assets under management.
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