Explore Canada's premier private banking institutions with deep expertise in cross-border wealth management, resource sector investments, and comprehensive financial services.
Canada's stable financial system and growing wealth management sector serving high-net-worth individuals across diverse industries.
Total wealth management assets
High-net-worth individuals
World's largest economy
Canada's Big Five banks plus National Bank offering comprehensive private banking and wealth management services.
Founded 1817 ⢠CAD $85 Billion AUM
Canada's oldest private banking institution offering comprehensive wealth management with deep Canadian market expertise and US cross-border capabilities.
Founded 1869 ⢠CAD $110 Billion AUM
Royal Bank of Canada's private banking division serving high-net-worth clients with sophisticated investment strategies and global capabilities.
Founded 1855 ⢠CAD $65 Billion AUM
Toronto-Dominion's investment counsel division providing personalized investment management and financial planning services.
Founded 1832 ⢠CAD $45 Billion AUM
Scotia's private client group offering integrated banking and investment services with strong Latin American connections.
Founded 1859 ⢠CAD $25 Billion AUM
Quebec's largest bank offering bilingual private banking services with expertise in Canadian markets and business ownership.
Global private banking institutions serving ultra-high-net-worth Canadian clients with international expertise.
Swiss private banking expertise serving Canadian ultra-high-net-worth clients with global investment access.
Premier private banking for Canada's wealthiest families with access to exclusive investment opportunities and global expertise.
International private banking services with focus on sophisticated investment strategies and wealth preservation for Canadian clients.
Unique benefits of choosing Canada for private banking and wealth management services.
Specialized US-Canada wealth management and tax optimization
Deep expertise in oil, gas, mining, and natural resource wealth
Optimized tax structures and Canadian tax advantages
Stable regulatory environment and strong banking system
Get answers to common questions about private banking services, requirements, and processes.
Canadian private banking minimums range from CAD $500K to $2M+. TD Private Investment Counsel starts at CAD $500K, BMO Private Wealth and Scotiabank Private Client require CAD $1M, while RBC Private Banking requires CAD $2M. International banks like UBS and JPMorgan require CAD $3M-$15M+ respectively.
Canadian private banking fees typically range from 0.65% to 2.10% annually of assets under management. Canadian banks (0.65%-1.90%) generally offer competitive rates compared to international banks (0.80%-2.10%). For a CAD $2M portfolio, expect annual fees of CAD $13,000-$38,000. Additional costs include transaction fees and specialized service charges.
Canadian private banks provide wealth management, estate planning, investment advisory, trust services, tax planning, and business succession planning. Specialized services include cross-border wealth management (US-Canada), resource sector expertise, principal residence planning, and TFSA/RRSP optimization.
Canadian private banks are regulated by the Office of the Superintendent of Financial Institutions (OSFI) federally, plus provincial regulators for investment advisors. Key regulations include the Bank Act, Investment Dealer and Trust Services Act, Know Your Client rules, and anti-money laundering requirements.
Canada offers several tax advantages including the Principal Residence Exemption (no capital gains on primary residence), Tax-Free Savings Account (TFSA) for tax-free growth, capital gains tax at 50% inclusion rate, and lifetime capital gains exemption for small business shares. Private banks optimize these through strategic planning.
Yes, US residents can access Canadian private banking, especially for cross-border wealth management. Requirements include enhanced due diligence, FATCA compliance, and often higher minimums. Many Canadian banks specialize in US-Canada cross-border planning, currency management, and tax treaty optimization.
Leading Canadian private banks include RBC Private Banking (largest by AUM), BMO Private Wealth (oldest, strong trust services), TD Private Investment Counsel (accessible minimums), Scotiabank Private Client (international focus), and National Bank Private Banking (Quebec expertise). International options include UBS and JPMorgan.
Canadian private banking offers unique advantages including political stability, strong banking system, resource sector expertise, cross-border US-Canada specialization, favorable tax structures, and bilingual services. The market emphasizes conservative wealth preservation and intergenerational planning.
Canadian banks have deep natural resource sector expertise including oil & gas, mining, and forestry wealth management. Services include commodity price hedging, resource company succession planning, flow-through share strategies, environmental liability planning, and Indigenous community banking for resource partnerships.
Connect with Canada's leading private banks and discover comprehensive wealth management solutions with cross-border expertise and resource sector specialization.