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Client Assets Under Administration
Reflects the total value of client assets managed by the bank, providing insight into client trust and the bank's ability to attract and retain wealth.RBC’s AUA mix is shifting: an abrupt institutional asset drop in mid‑2023 (with only a partial recovery since) points to client de‑risking or mandate reclassification, while Personal and Retail Mutual Fund assets have been the steady growth engines. That shift aligns with management’s call that Wealth Management delivered record revenue and underpins the bank’s dividend increases and buybacks. Strategically, fee stability is moving toward retail/wealth clients, but lingering institutional volatility and CRE credit headwinds remain key downside risks to AUA and fee momentum.
Date | Institutional | Personal | Retail Mutual Fund |
|---|---|---|---|
Jun 30, 2026 | C$3.46T | C$2.43T | C$297.20B |
Mar 31, 2026 | C$3.28T | C$2.30T | C$284.30B |
Dec 31, 2025 | C$3.13T | C$2.23T | C$274.20B |
Sep 30, 2025 | C$3.12T | C$2.21T | C$268.50B |
Jun 30, 2025 | C$2.90T | C$2.07T | C$251.10B |
Mar 31, 2025 | C$2.87T | C$1.92T | C$235.60B |
Dec 31, 2024 | C$2.85T | C$2.05T | C$244.60B |
Sep 30, 2024 | C$2.82T | C$1.91T | C$233.80B |
Jun 30, 2024 | C$2.64T | C$1.85T | C$227.90B |
Mar 31, 2024 | C$2.59T | C$1.74T | C$215.80B |