Mr. Dave Kelly reports

RF CAPITAL ACHIEVES MILESTONE MONTHLY AUA OF $40.2 BILLION

RF Capital Group Inc. had preliminary month-end assets under administration (AUA) of $40.2-billion as of Nov. 30, 2024, up $800-million or 2.2 per cent from last month and $5.0-billion or 14.2 per cent since year-end 2023. 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.

Dave Kelly, the company's president and chief executive officer, 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."

About RF Capital Group Inc.

RF Capital is a wealth-management-focused company. Operating under the Richardson Wealth brand, the company is one of the largest independent wealth management firms in Canada with $40.2-billion in assets under administration (as of Nov. 30, 2024) and 22 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. For the seventh year in a row, Richardson Wealth has been certified as a "great place to work" by Great Place to Work, a global authority on workplace culture.