MASHINIi

RCS Capital Corporation.

RCAP.US | Activities of holding companies

RCS Capital Corporation (RCAP.US) was a holding company that, through its subsidiaries, operated in the financial services industry. The company's primary activities included investment banking, capital markets services, investment management, and wealth management. It provided financial advice and ...Show More

Ethical Profile

Mixed.

RCS Capital Corporation (RCAP.US) faced scrutiny over its business ethics, notably an accounting error at ARCP, a company with which it had dealings. This error allegedly involved a cover-up, leading to executive resignations and RCAP settling a related lawsuit for $60 million. The company's share price declined significantly following these revelations. Internally, RCAP's ethical profile was further challenged by employee concerns. Glassdoor reviews consistently cited "low pay," with compensation and benefits rated 2.8/5 stars. Reports indicate high turnover, linked to poor management, low pay, and lack of flexibility.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

RCAP.US (RCS Capital Corporation) was a holding company operating in the financial services industry, with primary activities including investment banking, capital markets services, investment management, and wealth management. The provided articles focus on its financial restructuring, bankruptcy, and regulatory issues related to financial fraud. There is no evidence to suggest that the company's core business activities, products, or services had any direct positive or negative impact on health outcomes, nor did they involve health-related products, services, or initiatives. Therefore, all KPIs related to 'Better Health for All' are scored as neutral or not applicable, as the company's operations do not directly intersect with health-related products, services, or outcomes.

Fair Money & Economic Opportunity

0

No specific evidence was found in the provided article regarding RCAP.US's performance on any of the Fair Money & Economic Opportunity KPIs. The article discusses Chubb's partnerships and general market conditions for underserved populations in Southeast Asia, but does not provide data related to RCAP.US's operations, client base, pricing, or initiatives.

Fair Pay & Worker Respect

0

The overall employee rating is 3.1 out of 5 stars.

1
Employee satisfaction with compensation and benefits is 2.8 out of 5 stars, work/life balance is 3.2 out of 5, culture and values is 3.0 out of 5, and career opportunities is 2.9 out of 5.
2
51% of employees would recommend working at the company, and 45% have a positive business outlook.
3
Reviews consistently cite low pay and high turnover, with 8 employees ranking their compensation in the bottom 10% of similar-sized companies.
4
No specific labor violations, regulatory actions, fines, or compliance issues are detailed in the provided articles.
5

Fair Trade & Ethical Sourcing

0

No quantitative data relevant to RCAP.US's performance on Fair Trade & Ethical Sourcing KPIs was found in the provided articles. The RCS Group's Code of Ethics, outlines principles but provides no specific metrics or performance data.

1
Articles and pertain to RCS Global (now SLR Consulting), a sustainability consultancy, and do not provide information about RCAP.US's own supply chain or sourcing practices. Therefore, all KPIs are omitted due to lack of explicit evidence for RCAP.US.

Honest & Fair Business

-20

Realty Capital Securities, a subsidiary of RCAP, settled with the Massachusetts Securities Division for $3 million in September 2016.

1
This settlement was in response to charges that the subsidiary fraudulently fabricated shareholder proxy votes.
2
The company's new board of directors comprises six members, with four identified as independent, resulting in approximately 66.67% conflict-free board members.
3

Kind to Animals

0

The provided articles do not contain any information pertaining to RCS Capital Corporation (RCAP.US) or its activities related to the 'Kind to Animals' ethical value. The articles discuss Charles River Laboratories and RCS Global (now SLR Consulting), which are distinct entities from RCAP.US, a financial services holding company. Therefore, no specific data points or evidence could be found to assess RCAP.US against any of the defined KPIs in the rubric.

No War, No Weapons

0

The provided articles primarily detail RCS Capital Corporation's financial restructuring and bankruptcy proceedings. As a financial services holding company, its core business activities are not directly related to arms manufacturing, military contracts, or conflict facilitation. The articles do not contain any specific, concrete data points or actions by RCAP.US that are relevant to the 'No War, No Weapons' ethical value, such as revenue from defense contracts, investment in dual-use technologies, sales to embargoed regimes, or peacebuilding initiatives. Mentions of a 'cybersecurity business' are not tied to militarization, and the business restructuring described is not related to divesting from conflict zones or defense assets. Information pertaining to 'RCS MediaGroup S.p.A.'

1
or 'RCS Global' is not applicable to RCAP.US.

Planet-Friendly Business

0

No specific, quantifiable data points relevant to any of the Planet-Friendly Business KPIs were found in the provided articles. The articles primarily discuss RCS Capital Corporation's financial restructuring, bankruptcy, and legal proceedings. While one article mentions a 'Low' ESG ranking, it explicitly states that no specific data points are provided, precluding its use for scoring individual KPIs.

1

Respect for Cultures & Communities

0

No specific, concrete data points related to 'Respect for Cultures & Communities' were found in the provided articles for RCAP.US. The articles discuss executive changes

1
and regulatory investigations,
2
which are not relevant to the defined KPIs for this ethical value.

Safe & Smart Tech

0

The provided articles discuss RCS Capital Corporation's (RCAP.US) investment in and subsequent divestment from its subsidiary, Docupace. RCAP was a majority shareholder, investing in Docupace in September 2014.

1
One article mentions Docupace's partnership to provide cybersecurity solutions and its focus on SEC/FINRA compliance, this information pertains to Docupace's operations. None of the articles contain specific quantitative data, regulatory actions, certifications, or details regarding RCAP.US's own data protection, cybersecurity, or AI ethics practices. Therefore, there is no evidence to assess RCAP.US against any of the 'Safe & Smart Tech' KPIs.

Zero Waste & Sustainable Products

0

No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to Zero Waste & Sustainable Products for RCAP.US. The articles either contained no data

1
, were unavailable, or discussed general industry regulations and trends not specific to the company's waste management or product sustainability practices
2
.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.