RBC Clearing & Custody Executive and Leadership Team

November, 2026

Leadership Overview

RBC Clearing & Custody has 4 executives leading key functions including technology infrastructure, operational efficiency, revenue growth, and strategic leadership.

Focused on delivering robust financial solutions, RBC Clearing & Custody empowers broker-dealers and registered investment advisors through innovative clearing services and personalized support across North American markets.

Leadership Roles at RBC Clearing & Custody

  • Chief Operating Officer - Dustin Aamodt
  • President - Brett Thorne
  • Chief Technology Officer - Noel Stave
  • Chief Revenue Officer - Kelly Johnson
  • Dustin Aamodt - Chief Operating Officer

    Dustin Aamodt, the Chief Operating Officer at RBC Clearing & Custody, manages the daily operational functions that support the firm's clearing and custody services for registered investment advisors. Aamodt oversees the execution of complex trade settlements and asset custody processes, ensuring strict adherence to regulatory standards and internal quality benchmarks. By optimizing internal workflows, the Chief Operating Officer reduces friction in client-facing operations, allowing broker-dealers to scale their businesses effectively. Dustin Aamodt coordinates with cross-functional teams to refine service delivery models, focusing on the unique requirements of institutional clients. This role requires meticulous attention to risk management and operational resilience across all North American service lines. Through the implementation of streamlined administrative procedures, Aamodt drives significant improvements in service speed and reliability. Ultimately, the Chief Operating Officer maintains the operational excellence necessary to support the diverse financial needs of the firm's extensive client base.

    Brett Thorne - President

    Brett Thorne, the President at RBC Clearing & Custody, provides overarching strategic direction for the firm's comprehensive suite of clearing and custody services. Thorne guides the organization's mission to support financial services businesses through innovative technology and dedicated institutional support. By overseeing the executive leadership team, the President ensures that all departments remain focused on delivering high-quality service to broker-dealers and registered investment advisors. Brett Thorne cultivates a culture of excellence, driving the firm's commitment to industry success that dates back to 1979. This leadership role involves setting long-term goals for market expansion and operational growth across North America. Through active engagement with the Board and key stakeholders, Thorne aligns the firm's strategic vision with the broader objectives of the Royal Bank of Canada. Ultimately, the President maintains the firm's competitive edge by championing client-centric solutions and fostering a resilient, growth-oriented business environment.
    Brett Thorne

    Noel Stave - Chief Technology Officer

    Noel Stave, the Chief Technology Officer at RBC Clearing & Custody, directs the development of advanced digital platforms designed to streamline clearing and custody workflows for financial institutions. Stave architects scalable software solutions that integrate seamlessly with existing broker-dealer systems, ensuring high-speed data processing and secure asset management. By overseeing the engineering teams, the Chief Technology Officer maintains the integrity of the firm's technological infrastructure while driving continuous innovation in wealth management tools. Noel Stave prioritizes the deployment of robust cybersecurity protocols to protect institutional assets across the entire digital ecosystem. This leadership role involves constant collaboration with the executive board to align technical roadmaps with evolving market demands. Through the implementation of cutting-edge automation, Stave enhances operational efficiency for clients, ultimately securing the firm's position as a premier provider of financial technology services within the competitive investment landscape.

    Kelly Johnson - Chief Revenue Officer

    Kelly Johnson, the Chief Revenue Officer at RBC Clearing & Custody, drives the firm's growth strategy by expanding market reach among broker-dealers and registered investment advisors. Johnson architects comprehensive sales initiatives that highlight the value of the firm's clearing and custody offerings, ensuring alignment with the specific needs of institutional partners. By overseeing business development teams, the Chief Revenue Officer identifies emerging opportunities for revenue generation across diverse financial sectors. Kelly Johnson fosters long-term relationships with key stakeholders, providing personalized support that reinforces the firm's reputation for high-quality service. This leadership role involves analyzing market trends to refine pricing models and service packages, directly impacting the company's financial performance. Through strategic outreach and effective client acquisition programs, Johnson secures a robust pipeline of new business. Ultimately, the Chief Revenue Officer ensures the sustained commercial success of the organization by delivering tailored financial solutions that meet the evolving demands of the investment industry.

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    Frequently Asked Questions Regarding RBC Clearing & Custody Top Executives and Leadership Team

    Who leads RBC Clearing & Custody?
    RBC Clearing & Custody is led by Dustin Aamodt (Chief Operating Officer), along with executives such as Brett Thorne (President) and Noel Stave (Chief Technology Officer).
    Who is part of RBC Clearing & Custody’s executive team?
    The executive team of RBC Clearing & Custody includes leaders such as Dustin Aamodt (Chief Operating Officer), Brett Thorne (President), Noel Stave (Chief Technology Officer) and other senior executives.
    How many executives does RBC Clearing & Custody have?
    RBC Clearing & Custody has 4 executives leading key business areas.
    What roles are included in RBC Clearing & Custody’s leadership team?
    The leadership team of RBC Clearing & Custody includes roles such as Chief Operating Officer, President, Chief Technology Officer, Chief Revenue Officer.