Royal Securities Corporation Limited was a stock brokerage firm founded in Halifax, Nova Scotia, Canada in early 1903 by John F. Stairs, its first president.
In its formative years, Royal Securities put together financing packages for Nova Scotia industries and raised the capital for several British West Indies public utility companies including ones where Stairs and his family were significant investors.
In 1904, Royal Securities hired Izaak Walton Killam, an employee working for the Stairs' family's Union Bank of Halifax.
His brother, George Stairs (1856-1908) took over as president but poor health saw Max Aitken, already a minority shareholder, acquire control of Royal Securities.
Among his accomplishments, he was responsible for a 1910 bond issue by the Price Brothers Co. that at the time represented the largest public financing of a Canadian newsprint company.
The company was a leader in the underwriting and distribution of share issues for the rapidly growing domestic pulp and paper business that grew hand-in-hand with the development of the electric power industry.