TORONTO, July 4, 2023
/CNW/ - RF Capital Group Inc. (the Company) (TSX: RCG) today
reported preliminary month-end assets under administration (AUA) of
$35.8 billion as of June 30, 2023, up $0.4
billion or 1.0% from last month. AUA is a key performance
indicator and one of the financial measures used by management,
investment advisors and the Company's shareholders to assess
operating performance.
AUA ($
billions)
|
June 30,
2023
|
May 31,
2023
|
% Change Month-
Over-Month
|
AUA1
|
$35.8
|
$35.4
|
1.0 %
|
1. Assets
under administration (AUA) is a measure of client assets and is
common to the wealth management business. AUA represents the market
value of client assets managed and administered by Richardson
Wealth Limited, including U.S. RIA, off-book, and Connected Wealth
assets on which the Company earns commissions and fees.
|
To learn more about the Company, please visit our website to
view our 2022 annual report and our latest recruiting
brochure.
ABOUT RF CAPITAL GROUP
INC.
RF Capital Group Inc. is a TSX-listed (TSX: RCG) wealth
management-focused company. Operating under the Richardson Wealth
brand, the Company is one of the largest independent wealth
management firms in Canada with
$35.8 billion in assets under
administration (as of June 30, 2023)
and 21 offices across the country. The firm's Advisor teams are
focused exclusively on providing strategic wealth advice and
innovative investment solutions customized for high net worth or
ultra-high net worth families and entrepreneurs. The Company is
committed to maintaining exceptional fiduciary standards and has
earned certification – determined annually – from the Centre for
Fiduciary Excellence for its Separately Managed and Portfolio
Management Account platforms. Richardson Wealth has also been
recognized as a Great Place to Work™, a Best Workplace for Women, a
Best Workplace in Canada and
Ontario, a Best Workplace for
Mental Wellness, for Financial Services and Insurance, and for
Hybrid Work. For further information, please visit
www.rfcapgroup.com and www.RichardsonWealth.com.
SOURCE RF Capital Group Inc.