TORONTO, May 1, 2023
/CNW/ - RF Capital Group Inc. (the Company) (TSX: RCG) today
reported preliminary month-end assets under administration (AUA) of
$36.3 billion as of April 30, 2023, up $0.3
billion or almost 0.8% from last month. AUA is a key
performance indicator and one of the financial measures used by
management, investment advisors and the Company's shareholders to
assess operating performance.
AUA ($
billions)
|
April 30,
2023
|
March 31,
2023
|
% Change Month-
Over-Month
|
AUA1
|
$36.3
|
$36.0
|
0.8 %
|
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.
|
Annual General Meeting
As a reminder, the Company will hold its annual meeting of
shareholders (the Meeting), in person, at the Toronto Region Board
of Trade, on Thursday, May 4, at
11:00 a.m. (EST). The Chair of RF
Capital's Board of Directors, Donald
Wright, will host the Meeting. President and Chief Executive
Officer, Kish Kapoor, will discuss the financial and strategic
highlights of 2022 and provide an update on the financial results
for first quarter 2023. A slide presentation and live audio webcast
will be accessible at
https://richardsonwealth.com/investor-relations/shareholder-meetings/.
A description of the matters to be addressed at the Meeting are
included in the meeting materials, as defined below.
Meeting Details
Date:
|
Thursday, May 4,
2023
|
Time:
|
11:00 a.m.
(EST)
|
Venue:
|
Toronto Region Board of
Trade, 100 Queens Quay East, 3rd Floor
Kitchener & Oakville Meeting Rooms
|
Voting
Deadline:
|
Tuesday, May 2, 2023,
at 11:00 a.m. (EST)
|
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
$36.3 billion in assets under
administration (as of April 30, 2023)
and 20 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 Center for
Fiduciary Excellence for its Separately Managed and Portfolio
Management Account platforms. Richardson Wealth has also been
recognized as a Great Place to Work™ for the past three years, 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.