Clients
RBC Rochdale serves 17,054 clients, 15,779 of them high-net-worth individuals. The average client has about $4.3 million with the firm, and high-net-worth clients hold 68% of its $73 billion in assets.
- High-net-worth individuals15,779 clients68%
- Investment companies6 clients16%
- Charitable organizations122 clients3%
- Corporations and other businesses575 clients11%
- OtherIndividuals, Pension and profit-sharing plans, State or municipal government entities2%
What it does
RBC Rochdale provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets and fixed fees.
RBC Rochdale provided financial planning to 0 clients last fiscal year and advises 1 private funds.
99.8% of assets ($72.84B across 42,649 accounts) are managed with discretion; $117.2M across 121 accounts are not. $42.67B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
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| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 391 | $153,046,254 | 0.2% | $391K |
| High-net-worth individuals | 15,779 | $49,897,131,705 | 68.4% | $3.16M |
| Investment companies | 6 | $11,433,150,241 | 15.7% | $1.91B |
| Pension and profit-sharing plans | 180 | $956,638,293 | 1.3% | $5.31M |
| Charitable organizations | 122 | $2,060,058,306 | 2.8% | $16.9M |
| State or municipal government entities | 1 | $573,257,693 | 0.8% | $573.3M |
| Corporations and other businesses | 575 | $7,887,216,086 | 10.8% | $13.7M |
| Total | 17,054 | $72,960,498,578 | 100% | $4.28M |
- Regulatory AUM
- $153,046,254
- Share
- 0.2%
- Avg. per client
- $391K
- Regulatory AUM
- $49,897,131,705
- Share
- 68.4%
- Avg. per client
- $3.16M
- Regulatory AUM
- $11,433,150,241
- Share
- 15.7%
- Avg. per client
- $1.91B
- Regulatory AUM
- $956,638,293
- Share
- 1.3%
- Avg. per client
- $5.31M
- Regulatory AUM
- $2,060,058,306
- Share
- 2.8%
- Avg. per client
- $16.9M
- Regulatory AUM
- $573,257,693
- Share
- 0.8%
- Avg. per client
- $573.3M
- Regulatory AUM
- $7,887,216,086
- Share
- 10.8%
- Avg. per client
- $13.7M
What the accounts hold
- Stocks68%
- Funds2%
- Bonds29%
- State and local bonds12%
- Investment grade corporate bonds10%
- U.S. government and agency bonds7%
- Cash1%
Custodians
RBC Rochdale’s client accounts are held mainly at City National Bank, with 35% of managed assets, and Pershing, with 20%. RBC Rochdale has custody of client assets.
- City National BankCity National Bank · Los Angeles, CA · $25.26B35%
- Assetmark BrokerageAssetmark Brokerage, LLC · Phoenix, AZ · $13.45B18%
- PershingPershing LLC · Jersey City, NJ · $14.47B20%
- All other custodians$19.79B27%
Ownership and leadership
City National Rochdale Holdings LLC owns 75% or more of RBC Rochdale.
- Owns 75% or more of RBC Rochdale, LLC
City National Rochdale Holdings LLC
Control person · since May 2005
- Owns 75% or more of City National Rochdale Holdings LLC
City National Bank
Control person · since July 2012
- Owns 75% or more of City National Bank
RBC USA Holdco Corporation
Control person · since November 2015
- Owns 75% or more of RBC USA Holdco Corporation
Royal Bank of Canada
Control person · since November 2015
- Owns 75% or more of RBC USA Holdco Corporation
RBC US Group Holdings LLC
Control person · since June 2018
Leadership
- Gregg GiaquintoPresident, CEO & Board Director
- Christina WeberChief Compliance Officer
- Joby DanielBoard Director
- Philip GalloBoard Director
- Charles LukeChief Investment Officer
- Ivor O'KeeffeBoard Director
- Shawn RileyBoard Director
- Brandon WilliamsChairman of the Board
Staff
- 269 employees
- 138 in advisory functions
- 122 state-registered reps
- 146 broker-dealer reps
Fees
RBC Rochdale charges 0.50% to 1.00% a year for investment advisory services.
| Service | Stated range | How it is charged |
|---|---|---|
| Investment advisory services | 0.50% to 1.00% a year | Tiered percentage of assets under management; negotiable, billed in advance or in arrears. |
| Portfolio up to $2,000,000 | 1.00% a year | One tier of the fee schedule |
| Portfolio from $2,000,000 to $5,000,000 | 0.80% a year | One tier of the fee schedule |
| Portfolio from $5,000,000 to $10,000,000 | 0.60% a year | One tier of the fee schedule |
| Portfolio above $10,000,000 | 0.50% a year | One tier of the fee schedule |
- Stated range
- 0.50% to 1.00% a year
- How it is charged
- Tiered percentage of assets under management; negotiable, billed in advance or in arrears.
- Stated range
- 1.00% a year
- How it is charged
- One tier of the fee schedule
- Stated range
- 0.80% a year
- How it is charged
- One tier of the fee schedule
- Stated range
- 0.60% a year
- How it is charged
- One tier of the fee schedule
- Stated range
- 0.50% a year
- How it is charged
- One tier of the fee schedule
Offices and registrations
Besides its headquarters, RBC Rochdale has 10 offices, with 11 listed addresses across 7 states.
California · 5 listed addresses
- 400 N. Roxbury Drive, Beverly Hills
- 455 Market Street, San Francisco
- 4275 Executive Square, La Jolla
- 18111 Von Karman Ave, Irvine
- 55 South Lake Avenue, Pasadena
Florida · 1 listed address
- 605 Crescent Executive CT, Lake Mary
Illinois · 1 listed address
- 225 W. Washington ST., Chicago
New York · 1 listed address
- 400 Park Avenue, 10th Floor, New YorkHQ
Pennsylvania · 1 listed address
- 342 W Ridge Pike, Limerick
Texas · 1 listed address
- 1800 West Loop South, Houston
Virginia · 1 listed address
- 7275 Glen Forest Drive, Richmond
Other business names
RBC Rochdale has reported 1 other business name to the SEC.
- RBC Rochdale
Registration details
- Legal name
- RBC Rochdale, LLC
- Headquarters
- 400 Park Avenue, 10th Floor, New York, NY 10022
- Phone
- 212-702-3500
- Website
- www.rbcrochdale.com
- SEC file
- 801-27265
- Founded
- 1986
- Structure
- Delaware LLC
- Fiscal year end
- October
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does RBC Rochdale have?
RBC Rochdale has 17,054 clients and manages $73 billion for them, as of September 2026. They include 15,779 high-net-worth individuals, 575 corporations and other businesses and 391 other individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 September 2026
What services does RBC Rochdale offer?
RBC Rochdale provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does RBC Rochdale charge?
RBC Rochdale charges 0.50% to 1.00% a year for investment advisory services. Other rates: portfolio up to $2,000,000 (1.00% a year), portfolio from $2,000,000 to $5,000,000 (0.80% a year), portfolio from $5,000,000 to $10,000,000 (0.60% a year) and portfolio above $10,000,000 (0.50% a year).
Source: Part 2A brochure, Item 5
Which custodians does RBC Rochdale use?
RBC Rochdale’s separately managed account assets are held at City National Bank (Los Angeles, CA), with $25,259,153,879, Pershing LLC (Jersey City, NJ), with $14,469,075,940 and Assetmark Brokerage, LLC (Phoenix, AZ), with $13,445,923,902. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 September 2026
How many financial advisors does RBC Rochdale have?
RBC Rochdale has 122 investment adviser representatives registered with state securities authorities, out of 269 employees, and 138 perform investment advisory functions. 146 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does RBC Rochdale invest in?
At the end of its last fiscal year, RBC Rochdale’s separately managed accounts held 68% exchange-traded equities, 12% state and local bonds, 10% investment grade corporate bonds, 7% U.S. government and agency bonds, 2% pooled vehicles (private funds and similar) and 1% cash and equivalents. It advises 1 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does RBC Rochdale have a minimum investment?
Yes, RBC Rochdale’s minimum account size is $1,000,000.
Source: Part 2A brochure, Items 5 and 7
Who owns RBC Rochdale?
RBC Rochdale is owned through a chain of holding companies by Royal Bank of Canada and RBC US Group Holdings LLC. Its direct owner is City National Rochdale Holdings LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 September 2026
How does RBC Rochdale get paid?
RBC Rochdale is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file