RBC PRIVATE COUNSEL (USA) INC.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$6,617,343,026
Clients
5,773
Advisors
306
of 1,455 employees
About
RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly‑owned subsidiary of Royal Bank of Canada that provides discretionary, individually managed accounts using a multi‑manager, multi‑asset‑class approach. The firm serves individuals and families (including former Canadian residents in the U.S.), business owners, foundations, trusts and not‑for‑profits, and reports roughly $7.89 billion in client assets across about 5,773 client relationships.
Investment decisions are made by Investment Counsellors supported by participating affiliates—principally RBC Global Asset Management and RBC Phillips, Hager & North—and by a Global Manager Research Team that conducts due diligence on external sub‑advisors; portfolios are built to each client’s Investment Policy Statement and monitored by a dedicated Portfolio Risk Group. Custody and administrative services are provided through affiliated custodians (including Royal Trust and, for certain wrap programs, an affiliated dealer), and implementation commonly combines proprietary RBC products with third‑party managers.
Compared with many peers, the firm operates within a broad financial services group and discloses affiliations spanning banking, trust, broker‑dealer and asset‑management entities, and it acts as a sponsor of wrap fee programs that appoint an affiliated dealer as custodian. The brochure also discloses recent material changes—clarifying treatment of interest on cash balances and updates to brokerage practices—and highlights the firm’s use of external manager selection and acceptance of corporate and institutional clients in addition to high‑net‑worth and individual households.
Client services
Expertise
Occupation focus
Fee options
$0+: Up to 1.10% per annum base management fee (varies by asset thresholds) N/A - N/A: Additional costs up to 0.75% per annum apply to Specialty Assets (specialty fixed income, specialty equity, and specialty alternatives) N/A - N/A: 1.25% separate fee for 'Series O' Phillips, Hager & North Absolute Return Fund ('ARF' Series O)
Account minimum: CDN $1 million (may be lowered or waived at discretion) Fee-only: Investment management fees include portfolio management, reporting, and administration; fees are charged monthly in arrears based on month-end portfolio value.
Most active in
Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virgin Islands · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Also doing business as
Rbc Private Counsel (Usa) Inc. · Rbc Wealth Management
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Is not active or affiliated with:
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
Advisors at this firm
Donald D
Series 63
Remote
RBC PRIVATE COUNSEL (USA) INC.
Donald Douglas is a financial advisor at RBC Private Counsel (USA) Inc. with 15 years of industry experience. He has worked at RBC Private Counsel since 2000 and has been affiliated with RBC Dominion Securities Inc. since 1993. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly owned subsidiary of Royal Bank of Canada. The firm offers discretionary, individually managed accounts using a multi-manager, multi-asset-class approach and serves individuals, families, business owners, foundations, trusts, and not-for-profits.
Steve L
Remote
RBC PRIVATE COUNSEL (USA) INC.
Steve Lester is a financial advisor with RBC Private Counsel (USA) Inc. He holds 12 years of industry experience and has been with RBC Private Counsel since 2004, also maintaining a role at RBC Dominion Securities Inc. since 1996. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly owned subsidiary of Royal Bank of Canada that offers discretionary, individually managed accounts through a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits, managing approximately $7.89 billion in client assets.
Christopher G
Remote
RBC PRIVATE COUNSEL (USA) INC.
Christopher Grey is a financial advisor with RBC Private Counsel (USA) Inc. He holds over 25 years of industry experience, having been with RBC Wealth Management Financial Services Inc. and RBC Dominion Securities Inc. since 2001, and RBC Private Counsel since 2014. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and subsidiary of Royal Bank of Canada that offers discretionary, individually managed accounts through a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits, managing approximately $7.89 billion in client assets.
Ronald B
Remote
RBC PRIVATE COUNSEL (USA) INC.
Ronald Beer is a financial advisor at RBC Private Counsel (USA) Inc. with 36 years of industry experience. He has been with various RBC entities since 1990 and holds a position on the Board of Directors for the Newfoundland and Symphony Orchestra. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser offering discretionary, individually managed accounts through a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, and institutional clients, managing approximately $7.89 billion in assets.
Justin G
Remote
RBC PRIVATE COUNSEL (USA) INC.
Justin Ginetz is a financial advisor at RBC Private Counsel (USA) Inc. with 10 years of industry experience. He has worked at multiple RBC entities since 2016 and had a prior position at Barnacle Bill's from 2016 to 2017. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly-owned subsidiary of Royal Bank of Canada. The firm provides discretionary, individually managed accounts using a multi-manager, multi-asset-class approach, serving individuals, families, business owners, foundations, trusts, and not-for-profits.
Stephen M
Remote
RBC PRIVATE COUNSEL (USA) INC.
Stephen Millard is a financial advisor at RBC Private Counsel (USA) Inc. with four years of industry experience. He has been associated with various RBC entities since 2015, including RBC Dominion Securities Inc., RBC Wealth Management Financial Services Inc., and RBC Private Counsel (USA) Inc. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly owned subsidiary of Royal Bank of Canada that manages discretionary, individually tailored accounts using a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits, overseeing approximately $7.89 billion in client assets.
William P
Remote
RBC PRIVATE COUNSEL (USA) INC.
William Pringle is a financial advisor with RBC Private Counsel (USA) Inc. He holds six years of industry experience and has been with RBC Private Counsel since 2016, also maintaining a concurrent affiliation with RBC Dominion Securities Inc. since 2012. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a subsidiary of Royal Bank of Canada that offers discretionary, individually managed accounts. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits, using a multi-manager, multi-asset-class investment approach with approximately $7.89 billion in assets under management.
Michael K
Remote
RBC PRIVATE COUNSEL (USA) INC.
Michael Kooy is a financial advisor at RBC Private Counsel (USA) Inc. with 8 years of industry experience. He has worked at RBC Private Counsel since 2015 and has been associated with RBC Dominion Securities Inc. since 2010. Outside of his advisory role, Kooy serves as a director for two private real estate investment companies focused on retirement homes, long-term care facilities, and apartment buildings. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly owned subsidiary of Royal Bank of Canada that provides discretionary, individually managed accounts using a multi-manager, multi-asset-class approach. The firm serves a diverse client base including individuals, families, business owners, foundations, and not-for-profits, managing approximately $7.89 billion in client assets.
Patrick L
Remote
RBC PRIVATE COUNSEL (USA) INC.
Patrick Lostracco is a financial advisor with RBC Private Counsel (USA) Inc. and has 10 years of industry experience. He has been with RBC Private Counsel since 2015 and has been associated with RBC Dominion Securities Inc. since 2006. Outside of his advisory role, he is an owner and shareholder of a private company. RBC Private Counsel (USA) Inc. is a wholly owned subsidiary of Royal Bank of Canada that offers discretionary, individually managed accounts using a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits, managing approximately $7.89 billion in client assets.
Jean D
Remote
RBC PRIVATE COUNSEL (USA) INC.
Jean Dutil is a financial advisor with RBC Private Counsel (USA) Inc., holding seven years of industry experience. He has worked at RBC Private Counsel (USA) Inc. since 2015 and concurrently at RBC Dominion Securities Global Ltd. since 2011. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly owned subsidiary of Royal Bank of Canada that offers discretionary, individually managed accounts through a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits, managing approximately $7.89 billion in client assets across nearly 5,773 relationships.
Robert G
Remote
RBC PRIVATE COUNSEL (USA) INC.
Robert Greenidge is a financial advisor at RBC Private Counsel (USA) Inc. with six years of industry experience. He has worked at RBC Private Counsel since 2020 and previously held roles at RBC Dominion Securities Inc. and Royal Mutual Funds Inc., totaling over 17 years in the financial services sector. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly owned subsidiary of Royal Bank of Canada. The firm provides discretionary, individually managed accounts through a multi-manager, multi-asset-class approach, serving individuals, families, business owners, foundations, trusts, and not-for-profits.
Spencer G
Remote
RBC PRIVATE COUNSEL (USA) INC.
Spencer Glenn is a financial advisor at RBC Private Counsel (USA) Inc. with eight years of industry experience. He has been with RBC Private Counsel since 2016 and also works with RBC Dominion Securities Inc. since 2015. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly owned subsidiary of Royal Bank of Canada that offers discretionary, individually managed accounts using a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits, managing approximately $7.89 billion across about 5,773 client relationships.
Paulo D
Remote
RBC PRIVATE COUNSEL (USA) INC.
Paulo Dacosta is a financial advisor with RBC Private Counsel (USA) Inc. He holds credentials with nine years at RBC Wealth Management Financial Services Inc. and ten years at both RBC Private Counsel (USA) Inc. and RBC Dominion Securities Inc., totaling seven years of industry experience. RBC Private Counsel (USA) Inc. is a wholly owned subsidiary of Royal Bank of Canada that provides discretionary, individually managed accounts through a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits, managing approximately $7.89 billion in client assets across more than 5,700 client relationships.
David S
Series 63
Remote
RBC PRIVATE COUNSEL (USA) INC.
David Serber is a financial advisor with RBC Private Counsel (USA) Inc. and holds a Series 63 designation. He has 12 years of industry experience and has been affiliated with RBC Private Counsel since 2000, with prior experience at RBC Dominion Securities dating back to 1991. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and subsidiary of Royal Bank of Canada, providing discretionary, individually managed accounts using a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits.
Panagiotes A
Remote
RBC PRIVATE COUNSEL (USA) INC.
Panagiotes Argiris is a financial advisor at RBC Private Counsel (USA) Inc. with two years of industry experience. He has worked at RBC Private Counsel since 2022 and has held positions at RBC Phillips, Hager & North Investment Counsel Inc. since 2017 and Wood Mackenzie from 2013 to 2017. RBC Private Counsel (USA) Inc. is an SEC-registered investment adviser and a wholly-owned subsidiary of Royal Bank of Canada that offers discretionary, individually managed accounts through a multi-manager, multi-asset-class approach. The firm serves individuals, families, business owners, foundations, trusts, and not-for-profits, managing approximately $7.89 billion in client assets.
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