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Explore the highlights of RBC Dominion Securities’ history from 1901 through present day:
- 1901: Established as Dominion Securities Corporation Limited in Toronto. Early business focused on government and municipal bonds but greatly expanded during the First World War with war bonds.
- 1937: The stock trading department was added to complete the firm’s all-around investment capabilities.
- 1950s: Branches were operating in all the principal cities of Canada.
- 1984: Dominion Securities grew through strategic acquisitions including Pitfield, Mackay, Ross Limited.
- 1988: Royal Bank acquired 67% of Dominion Securities Inc.
- 1989: Dominion Securities grew through strategic acquisitions including Pemberton Willoughby Investment Corporation.
- 1996: Dominion Securities acquired Richardson Greenshields of Canada Ltd.
- 1996: RBC Royal Bank obtained 100% ownership of Dominion Securities Inc.
- 2001: Expanded North American presence with the acquisition of U.S.-based investment firms Dain Rauscher and Tucker Anthony Sutro & Co.
- Present Day: Serves the wealth management needs of more than 400,000 clients across Canada and around the world, with over $115 billion in assets under administration.
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