With the transaction now complete, IAS has been renamed and has become a part of RBC Advisor Services, a unit of RBC US Wealth Management.

RBC Advisor Services specializes in providing custody and clearing services to high performing third party registered investment advisor (RIA). Details of the transaction were not disclosed.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

John Taft, CEO of RBC US Wealth Management, said: "This acquisition marks a significant step forward in our mission to be the premier custody and brokerage partner of choice for third party advisors at the high end of the marketplace.

“The closing of this acquisition represents the latest move in RBC Wealth Management’s ongoing expansion in the US. We see a unique opportunity for growth in the advisor services business and look forward to continuing to strategically expand and enhance our offerings."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.