RBC Financial Strategy and Performance
Wealth Management
Strategic Priorities
■
Global Asset Management: Deliver investment performance and
extend leadership position in Canada, while continuing to build and
grow in the U.S. and other key global markets
Canadian Wealth Management: Continue to deepen client
relationships and deliver a differentiated client experience that is
increasingly digitally-enabled and supported by data-driven insights
U.S. Wealth Management: Leverage the combined strengths of
City National Bank, RBC Wealth Management and Capital Markets
to accelerate growth in the U.S.
International Wealth Management: Continue to leverage the
strengths and capabilities of RBC to drive growth in HNW and
UHNW client segments(1)
Net Income ($ millions)
Recent Awards
Outstanding Global Private Bank (Overall)
(Private Banker International Global Wealth Awards, 2018)
Outstanding Global Private Bank - North America
(Private Banker International Global Wealth Awards, 2018)
Outstanding Wealth Planning and Trust Provider
(Private Banker International Global Wealth Awards, 2018)
Best Private Bank in Canada
(PWM and The Banker Global Private Banking Awards, 2018)
Best Private Bank for Digital Client Communications - North
America
(PWM Global Wealth Tech Awards, 2018)
Cash Earnings ($ millions) (2)
2,265
1,838
1,473
2016
2017
2018
597
597
Q1/18
Q1/19
2,458
2,017
1,656
2016
2017
2018
643
646
Q1/18
Q1/19
RBC
Business Segments
(1) High Net Worth (HNW) and Ultra High Net Worth (UHNW). (2) Cash earnings (refer to adjusted net income) exclude the after-tax effect of amortization of intangibles. This is a non-GAAP
measure. For more information see slide 40.
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