You are currently viewing the United States website Institutional website. You can change your location here or visit other RBC GAM websites.

Welcome to the RBC Global Asset Management site for Institutional Investors

In order to proceed to the site, please accept our Terms & Conditions.

This RBC Global Asset Management (U.S.) Website is intended for institutional investors only.

For purposes of this Website, the term "Institutional" includes but is not limited to sophisticated non-retail investors such as investment companies, banks, insurance companies, investment advisers, plan sponsors, endowments, government entities, high net worth individuals and those acting on behalf of institutional investors. The Website contains information, material and content about RBC Global Asset Management (collectively, the “Information”).

The Website and the Information are provided for information purposes only and do not constitute an offer, solicitation or invitation to buy or sell a security, any other product or service, or to participate in any particular trading strategy. The Website and the Information are not directed at or intended for use by any person resident or located in any jurisdiction where (1) the distribution of such information or functionality is contrary to the laws of such jurisdiction or (2) such distribution is prohibited without obtaining the necessary licenses and such authorizations have not been obtained. Investment strategies may not be eligible for sale or available to residents of certain countries or certain categories of investors.

The Information is provided without regard to the specific investment objectives, financial situation or particular needs of any specific recipient and does not constitute investment, tax, accounting or legal advice. Recipients are strongly advised to make an independent review with an investment professional and reach their own conclusions regarding the investment merits and risks, legal, credit, tax and accounting aspects of any transactions.

Accept Decline

MBA (1971), University of Rochester, U.S.; BA (1968), University of Notre Dame, U.S.

Ron is Chief Strategist, U.S. Impact Investing. His background and extensive experience in community investing enables him to identify a broad range of solutions for clients. He is often sought to consult with leading government officials on a variety of community impact issues. Before joining the organization, he was co-founder and chief executive officer of an investment adviser specializing in community investments that was acquired by RBC GAM in 2008. Previously, Ron enjoyed an extensive banking career including thirteen years as president and chief executive officer of a large bank in Boston. He joined the financial services industry in 1969.

Read less Who is Ron Homer?

Inclusive leader award

Ron Homer honored as recipient of Global MindED’s Inclusive Leader Award

Ron was born and raised in the Bedford Stuyvesant/Crown Heights section of Brooklyn, the oldest child of dreamers who migrated to the US from the West Indies. Both of Ron’s parents were raised by single mothers seeking a better life for themselves and their children.

Ron attended high school during the height of the civil rights movement and attended college during the period when most of the important civil rights legislation was enacted. While at college, the University of Notre Dame, there were only a handful of other Black students attending with him; however, it turned out that he was in good company. One of Ron’s roommates become the first Black mayor in the state of Alabama and another classmate and card-playing partner was Alan Page, former Minnesota Supreme Court Chief Justice.

Ron was the first in his immediate family to graduate from college, but he continued his schooling and subsequently obtained an MBA. He entered the workforce as an aspiring banker during a momentous time in US history. The Great Society, Affirmative Action and Black Capitalism were just making an appearance as the next phase of the civil rights movement.

At age 32, he became the Chief Operating Officer of the largest Black-owned bank in the US located in Harlem. Four years later, in the aftermath of school busing confrontations, he helped establish a Black-owned bank in Boston, becoming its Chief Executive Officer and a principal shareholder. This was an important step for Ron personally and for the banking industry broadly, happening just as the Reagan Administration was promoting small government and the roll-back of federal government-sponsored programs dealing with racial disparities and income support. He continued in this role through the first Bush Administration and both Clinton administrations which spawned the birth of the CDFI industry, the expansion of the Community Redevelopment Act and a consolidation within the banking industry. Ron’s bank is still in business today and is now the largest Black-owned bank in the US.

In 1994, Ron advised Harvard Business School Professor and competitive advantage guru, Michael Porter, in forming the Initiative for a Competitive Inner City, a research organization focused on attracting private sector investment in underserved urban centers.

In 1997, Ron co-founded the Access Capital Community Investment Fund, an investment adviser specializing in community investments. In 2008, this firm was acquired by RBC GAM and 12 years later, Ron remains with the organization as President and Chief Strategist of Impact Investing.

In addition to his esteemed banking career, Ron has held various board leadership positions within Boston’s philanthropic sector, namely, The Boston Foundation and the United Way. He has also held positions in government-sponsored agencies such as the MA State Housing Finance Agency and the MA Industrial Finance Agency.

In Ron’s own words, his extensive experience in community investing has granted him the opportunity to observe, influence and guide a wide range of initiatives focused on expanding economic opportunities within historically underserved communities. Over several decades and within each of the organizations he was affiliated with, doors were opened that facilitated more people of color to enjoy the benefits of the American dream of wealth, home ownership and income appreciation. As Ron has worked tirelessly throughout his career to increase access to the resources needed to improve communities, he continues to believe that we can all do better if we share our collective wisdom and resources going forward.

Now available:

Impact investing annual report

Learn about Impact Investing efforts in 2023, including child lens investing

Explore report .read-open, .expandable:not(.open) .read-closed { display: block; } .expandable:not(.open) .read-open, .read-closed { display: none; }