RBC BLACK offers integrated access to the
technologies of five leading financial services providers
MINNEAPOLIS, MN, May 2, 2017 /PRNewswire/ - RBC Correspondent
Services, one of the nation's largest clearing firms for
independent broker-dealers, and RBC Advisor Services, a premier
custodian boutique for registered investment advisors, today
announces the launch of BLACK, a new integrated financial advisor
platform.
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:
- CircleBlack – Client Account Aggregation and Portfolio
Analytics
- Redtail – Customer Relationship Management
- Riskalyze – Risk Alignment
- MoneyGuidePro – Financial Planning
- Vestmark – Trading and Rebalancing
- RBC – Clearing and Custody
"The BLACK platform truly addresses the needs of our independent
broker dealers and registered investment advisor clients," said
Brett Thorne, head of RBC
Correspondent Services and RBC Advisor Services. "The world
of financial services along with technology is rapidly changing. We
wanted to build an exclusive advisor platform to help our firms and
their advisors realize opportunities, gain efficiencies and thrive
in this new environment."
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.
About RBC Correspondent Services and RBC Advisor
Services
RBC Correspondent Services is the third-largest clearing
provider based on number of broker-dealer clients in the United States. The business specializes in
providing comprehensive clearing, custody and execution services to
independent broker dealers and their advisors who seek
knowledgeable support, powerful trading tools and platforms,
expanded investment choices, compelling advisor development
programs and high quality proprietary research.
RBC Advisor Services is a full-service custody partner for RIA
firms. RBC AS provides tailored access to a sophisticated wealth
management and brokerage platform. Offering capabilities and
solutions of an industry leader and providing personalized service
and support in helping advisors manage their clients' wealth.
RBC Correspondent Services and RBC Advisor Services are
divisions of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC, a
wholly owned subsidiary of, and separate legal entity from, Royal
Bank of Canada.
For more information, please visit
www.rbccorrespondentservices.com or
www.rbcadvisorservices.com.
SOURCE RBC Royal Bank
