Mr. Tim Wilson reports

RF CAPITAL REPORTS AUA OF $35.8 BILLION FOR JUNE 2023

RF Capital Group Inc. had preliminary month-end assets under administration (AUA) of $35.8-billion as of June 30, 2023, up $400-million or 1 per cent from last month. AUA is a key performance indicator and one of the financial measures used by management, investment advisers and the company's shareholders to assess operating performance.

About RF Capital Group Inc.

RF Capital Group Inc. is a Toronto Stock Exchange-listed wealth management-focused company. Operating under the Richardson Wealth brand, the company is one of the largest independent wealth management firms in Canada with $35.8-billion in assets under administration (as of June 30, 2023) and 21 offices across the country. The firm's adviser teams are focused exclusively on providing strategic wealth advice and innovative investment solutions customized for high-net-worth or ultrahigh-net-worth families and entrepreneurs. The company is committed to maintaining exceptional fiduciary standards and has earned certification -- determined annually -- from the Centre for Fiduciary Excellence for its separately managed and portfolio management account platforms. Richardson Wealth has also been recognized as a Great Place to Work, 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.