RCS Capital Corporation is a holding company. The Company is engaged in the business of wholesale broker-dealer, investment banking and capital markets business, a transaction management services provider and a transfer agent. The Company is externally managed and advised by RCS Capital Management, LLC. The Company owns interest in the subsidiaries of RCAP Holdings, LLC, which it refers to as the Company’s operating subsidiaries. These subsidiaries are Realty Capital Securities, LLC (Realty Capital Securities), American National Stock Transfer, LLC, and RCS Advisory Services, LLC. Realty Capital Securities, LLC is engaged in wholesale broker-dealer business. RCS Advisory Services, LLC is engaged in transaction management services business. American National Stock Transfer, LLC is engaged in transfer agent business. In September 2014, the Company acquired Strategic Capital Advisory Services and SC Distributors, LLC.