RF Capital Group Inc. (RF Capital) (TSX: RCG) is scheduled to release its first quarter 2024 financial results on Wednesday, May 1, 2024, after market close. An earnings conference call and live audio webcast will be held on Thursday, May 2, at 10:00 a.m. (EST). The call will be hosted by Kish Kapoor, President and Chief Executive Officer, and Tim Wilson, Chief Financial Officer, followed by a question-and-answer period with investment analysts.
Richardson Wealth announces, effective today, Kevin Shubley has been appointed Vice President, Business Strategy & Analysis.
RF Capital Group Inc. (RF Capital or the Company) (TSX: RCG) today reported revenue of $351 million in fiscal year 2023, consistent with the prior year. Revenue was supported by AUA of $35.2 billion at December 31, 2023, which was up $288 million from the prior year. AUA increased as recruiting, net new assets, and strong markets in the fourth quarter offset the departure of advisor teams that managed $2.5 billion in AUA. Adjusted EBITDA 1 decreased 3% to $59.5 million, because of the revenue ch