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Royal Bank of Canada (RBC)

Wealth management for internationally connected families across Asia and beyond.

Services-only
C$4.6 trillion (assets under administration globally)Assets on platform / AUM
01 — Overview

What Royal Bank of Canada (RBC) does

RBC Wealth Management's Asia operation is built around a specific client profile: high-net-worth and ultra-high-net-worth families in Greater China and Southeast Asia who carry international ties to Canada, the United States, or the British Isles. This cross-border orientation shapes how the team is structured, with private bankers focused on serving multi-generational families navigating complexity across multiple jurisdictions simultaneously. The Singapore office has operated for 50 years and the Hong Kong private banking team has been actively expanded, with eleven relationship managers hired in a single year.

The service offering covers the full range of private banking and wealth management functions:

  • Investment management with customised portfolio strategies based on individual risk tolerance and goals
  • Trust and fiduciary services for multi-generational wealth preservation
  • Estate planning and legacy structuring
  • ESG and responsible investing
  • Credit and liquidity solutions
  • Wealth planning across local and global dimensions

RBC Wealth Management Asia publishes a dedicated North America Family Office Report annually, surveying 141 family offices, which signals active engagement with the family office segment beyond purely private client work. The broader RBC Wealth Management platform reports C$4.6 trillion in assets under administration globally and 4,800 advisors, providing institutional depth behind the Asia offering. For families seeking a private banker with genuine cross-border infrastructure across Canada, the US, and the British Isles alongside Asia, this is a credible option. Firms seeking a purely Asia-focused boutique or transparent fee schedules before engaging will find neither here, as pricing is not publicly disclosed and the offering is relationship-driven by design.

As wealth continues to accumulate rapidly in Asia, RBC Wealth Management is uniquely positioned to support families who have international ties.

On Royal Bank of Canada (RBC), from a family-office user
02 — Product & capabilities

What it covers

Core tasks
  • Private banking for high-net-worth and ultra-high-net-worth families
  • Cross-border wealth planning across Asia, Canada, US, and UK
  • Multi-generational estate and legacy planning
  • Investment portfolio management and strategy
  • Trust and fiduciary structuring
  • Responsible and ESG investing
Notable features
  • Customised investment management based on risk tolerance and personal goals
  • Trust and fiduciary services for wealth preservation across generations
  • Estate planning and legacy structuring
  • ESG and responsible investment approaches
  • Credit and strategic financing solutions
  • Wealth planning with personalised plan creation
  • Access to global investment insights and research including annual Global Insight Outlook
  • Dedicated relationship managers with private banking backgrounds
  • Annual North America Family Office Report covering 141 family offices
Assets supported
Public EquitiesFixed IncomePrivate EquityVenture CapitalESG and Responsible Investments
Platform & technology
Consolidated ViewArtificial Intelligence
03 — Company

The firm behind it

Ownership
Public (TSX/NYSE: RY)
Software type
Services-only
Headquarters / markets
Singapore, Hong Kong, Canada
Offices
Singapore, Hong Kong
Key people
IIgnatius (Iggy) K.K. ChongHead of Private Banking, Greater China
XXygent ChanExecutive Director, Hong Kong Private Banking
FFenny ChanDirector, Private Banking
AAngela ChowDirector, Private Banking
04 — Clients & fit

Who it’s for

Built for Single Family Office (SFO), Multi Family Office (MFO), Private Wealth Owners / Principals.

05 — Support & onboarding

Getting it running

Dedicated relationship managers; contact by phone or email via Singapore and Hong Kong offices; response within three business days per contact page.

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