The new company, which is headed by Hilary May – managing director of RBC Trust Company (Singapore), will provide trust, estate planning and fiduciary services to RBC Wealth Management clients.
RBC Wealth Management said its new Singapore trust service will provide RBC clients in Asia with a local trustee and will also provide access for its international clients to its trust and estate planning solutions.
Barend Janssens, Singapore-based head of emerging markets at RBC Wealth Management, said: “We anticipate interest from many of our clients and prospects, particularly from the large number of Asian families who choose to immigrate into or back from Canada and the U.S.
“The Singapore trust offering is another important step in the building of our Asian business, enabling us to offer an enhanced suite of wealth management services to clients in the region.”
