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State: 17.08.2024 | 11PM
Mon, 02.12.2024       RF Capital
CA74971G4016

TORONTO, Dec. 2, 2024 /CNW/ - RF Capital Group Inc. (the Company) (TSX: RCG) today reported preliminary month-end assets under administration (AUA) of $40.2 billion as of November 30, 2024, up $0.8 billion or 2.2% from last month and $5.0 billion or 14.2% since year-end 2023. 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.

Dave Kelly, the Company's President and CEO, commented: "Last week, we achieved a major milestone in our company's journey. We hit $40 billion in AUA for the first time in our history." Mr. Kelly continued, "As the engines of our success, our advisory teams' perseverance and commitment during challenging times led us to this meaningful moment for Richardson Wealth. They are to be congratulated for all they do for their clients."

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