{
  "crd_number": 103705,
  "slug": "rbc-securities-inc-los-angeles-ca-103705",
  "primary_business_name": "RBC SECURITIES, INC.",
  "legal_name": "RBC SECURITIES, INC.",
  "dbas": [],
  "city": "Los Angeles",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-03-22",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-09-18",
  "carried_forward": false,
  "raum_total": 1515102638.0,
  "raum_discretionary": 1515102638.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 186,
  "advisory_employees": 124,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 89415436.0,
      "count": 25
    },
    "individuals": {
      "raum": 371764439.0,
      "count": 955
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 77747520.0,
      "count": 52
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 814320137.0,
      "count": 337
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 161855106.0,
      "count": 82
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 12,
  "states_registered": [
    "AK",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "ID",
    "IL",
    "IN",
    "KS",
    "LA",
    "MA",
    "MD",
    "MN",
    "NJ",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA"
  ],
  "websites": [
    "https://cnb.com",
    "https://cnr.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/103705",
  "disclosure_items": [
    {
      "item": "11.C(1)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?"
    },
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    },
    {
      "item": "11.G",
      "question": "Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?"
    },
    {
      "item": "11.H(1)(a)",
      "question": "In the past ten years, has a domestic or foreign court issued an injunction against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.H(1)(b)",
      "question": "Has a domestic or foreign court ever found that the firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations?"
    }
  ],
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/rbc-securities-inc-los-angeles-ca-103705",
  "display_name": "RBC Securities, Inc.",
  "summary": "RBC Securities, Inc. is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2010, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 18, 2026.",
  "citation": "AdvisorCensus. RBC Securities, Inc. (CRD 103705): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is RBC Securities, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), RBC Securities, Inc. reports these compensation arrangements: a percentage of assets under its management; other."
    },
    {
      "q": "Where is RBC Securities, Inc. located?",
      "a": "RBC Securities, Inc.'s principal office is in Los Angeles, CA, according to its Form ADV; the October 2026 filing also lists 21 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is RBC Securities, Inc. registered with the SEC or a state?",
      "a": "RBC Securities, Inc. is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 103705."
    },
    {
      "q": "How much does RBC Securities, Inc. manage?",
      "a": "RBC Securities, Inc. reports $1,515,102,638 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (100% discretionary)."
    },
    {
      "q": "How have RBC Securities, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for RBC Securities, Inc.: Regulatory assets under management: $1,388,494,847 in the October 2021 data and $1,515,102,638 in the October 2026 data, up 9%. Total employees: 53 in October 2021 and 186 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does RBC Securities, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (955); high net worth individuals (337); corporations or other businesses not listed above (82)."
    },
    {
      "q": "Which custodians does RBC Securities, Inc. use?",
      "a": "RBC Securities, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists City National Bank (affiliated with the firm) as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does RBC Securities, Inc. report any disciplinary disclosures?",
      "a": "Reports 12 disclosure items on Form ADV Item 11: yes answers to 10 questions about regulatory matters and 2 questions about civil court matters (11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.D(5), 11.E(2), 11.E(4), 11.G, 11.H(1)(a), 11.H(1)(b)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/103705"
    },
    {
      "q": "What changed in RBC Securities, Inc.'s recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1388494847.0,
      "total_employees": 53,
      "filing_date": "2021-01-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1618609297.0,
      "total_employees": 37,
      "filing_date": "2022-05-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1513277680.0,
      "total_employees": 48,
      "filing_date": "2023-02-12"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1490186713.0,
      "total_employees": 47,
      "filing_date": "2024-05-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1591349877.0,
      "total_employees": 78,
      "filing_date": "2025-04-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1515102638.0,
      "total_employees": 186,
      "filing_date": "2026-09-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Changed its legal name from City National Securities, Inc. to RBC Securities, Inc..",
        "Employees performing advisory functions went from 37 to 124.",
        "Changed its office addresses in Beverly Hills, CA.",
        "Changed its office addresses in Burlingame, CA.",
        "Changed its office addresses in Glendale, CA.",
        "Changed its office addresses in Las Vegas, NV.",
        "Changed its office addresses in Los Angeles, CA.",
        "Changed its office addresses in New York, NY.",
        "Changed its office addresses in Newport Beach, CA.",
        "Changed its office addresses in San Francisco, CA.",
        "Changed its office addresses in Solana Beach, CA.",
        "Changed its office addresses in Torrance, CA.",
        "Changed its office addresses in Walnut Creek, CA.",
        "Changed its office addresses in Westlake Village, CA.",
        "Added an office in Irvine, CA.",
        "Added an office in La Jolla, CA.",
        "Added an office in La Palma, CA.",
        "Added an office in Melville, NY.",
        "Added an office in Montecito, CA.",
        "Added an office in Pasadena, CA.",
        "Added an office in Washington, DC.",
        "Added an office in West Hollywood, CA.",
        "Added an office in Woodland Hills, CA.",
        "No longer lists an office in Burbank, CA.",
        "No longer lists an office in Riverside, CA.",
        "No longer lists an office in Santa Monica, CA.",
        "No longer lists an office in Sherman Oaks, CA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "City National Bank",
      "name_as_filed": "CITY NATIONAL BANK",
      "affiliated": true
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/rbc-securities-inc-los-angeles-ca-103705.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 955,
      "fewer_than_5": false,
      "raum": 371764439.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 337,
      "fewer_than_5": false,
      "raum": 814320137.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 52,
      "fewer_than_5": false,
      "raum": 77747520.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 25,
      "fewer_than_5": false,
      "raum": 89415436.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 82,
      "fewer_than_5": false,
      "raum": 161855106.0
    }
  ],
  "disclosure_line": "Reports 12 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/103705",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}