Market Overview

RBC Correspondent Services Becomes A Centennial Securities Clearing Partner

RBC Correspondent Services Becomes A Centennial Securities Clearing Partner

Centennial Securities, a registered broker-dealer and investment advisor, formally announced the addition of RBC Correspondent Services, a leading provider of clearing solutions, as a new clearing and premier service provider.

What Happened?

RBC Correspondent Services is a holistic destination for clearing, custody, and execution. As part of its vision to unlock access to increased market opportunities, Centennial Securities will leverage RBC’s power of technology to enhance investor-advisor experiences.

“Centennial Securities is a well-respected organization that shares our client-first values," said Michael Belkin, senior vice president and business development manager at RBC Correspondent and Advisor services.

“We are thrilled to welcome them to our platform and be able to provide their financial professionals with an expanded suite of products, digitally-enabled technology, and the support necessary to meet their clients’ needs and goals.”

Why It Matters?

Overall, the development will allow both organizations to better impact industry innovation and efficiency.

“We continue to attract the very best broker-dealers and investment advisory firms,” said Brett Thorne, head of RBC Correspondent and Advisor Services. “Our unique culture and value-added services, along with a broad range of business resources, give our clearing and custody clients a significant competitive advantage to help make a difference in their business.”

To learn more about RBC Correspondent Services, click here.

Photo by Scott Webb from Pexels.


Related Articles

View Comments and Join the Discussion!

Posted-In: Brett Thorne Centennial Securities Michael Belkin RBC Correspondent ServicesFintech Markets