RBC Securities offers a wrap fee program designed to help individuals manage their wealth. This program includes goal assessment, risk profiling, asset allocation strategies, money management, performance reporting, and ongoing monitoring with an advisor. RBC Securities uses its affiliate, RBC Rochdale, as a sub-advisor for investment and portfolio management. The program invests in mutual funds and ETFs, including affiliated funds from which RBC Securities and its affiliates receive compensation.
Fee Structure
RBC Securities offers a wrap fee program where you pay a single bundled fee that covers portfolio management, transaction costs, and custodial services. The fee is based on the market value of your account.
For Moderate Growth & Income, Growth & Income, Capital Growth, and Aggressive Capital Growth strategies:
- 1.25% annually on the first $1,000,000
- 1.00% annually on assets over $1,000,000
For Diversified Fixed Income and Conservative Growth & Income strategies:
- 0.80% annually on the first $1,000,000
- 0.65% annually on assets over $1,000,000
There is a $500 minimum annual fee. These fees are negotiable in certain circumstances.