Our clearing firm RBC Correspondent Services provides a world class platform that enables us to leverage all of their advisory and technology solutions to help better serve our clients. RBC is the largest bank in Canada by market capitalization at over $100 Billion. The company has over 80,000 employees with revenues of over CA$40 billion as of fiscal year 2017. In November of 2017, RBC was added to the Financial Stability Board’s list of global systematically important banks.
In 2017, RBC introduced a cutting- edge advisor platform called BLACK. Within BLACK, RBC has bundled five leading financial services technology providers into one simple, intuitive platform. Accessible through a single login, on most devices, BLACK is offered to RBC’s clearing & custody clients with a strong desire to leverage the power of technology to enhance client relationships and grow their business.
BLACK represents a unique and expandable platform containing a full menu of wealth management solutions developed by the following industry leading financial technology partners:
Financial advisors who leverage BLACK will be able to deliver financial solutions with their clients’ goals and values at the forefront. The integrated applications on BLACK allow advisors to streamline client interaction, while offering a wider array of capabilities.
You can find out more about BLACK by clicking on the following link:
Clearing services are provided by Charles Schwab for Benchmark Advisory Services, LLC