MINNEAPOLIS (March 13, 2014) RBC Wealth Management announces that Mary Sumners was named head of International Wealth-USA– which has been the fastest growing business within U.S. Wealth Management since 2010.
“I am pleased to welcome Mary to my leadership team,” said John Taft, CEO, RBC Wealth Management-U.S. “Her longevity and diverse experience at RBC makes her uniquely qualified to lead International Wealth as we continue to flourish and grow our international private banking and advisory businesses.”
In her new role, Sumners will be responsible for the growth and delivery of sophisticated wealth management products, services and advice to high net worth clients. The International Wealth-USA business channel includes both private banking and international advisory groups based in New York, Houston, Miami, San Diego, Seattle and Wilmington, Del. serving high-net worth clients in Latin America, the Caribbean and other international locations. The business also has credit and lending, trust and discretionary investment management services based in the United States.
Sumners has been with RBC since 1988 in various trading and management roles gaining extensive experience in fixed income, research, emerging markets, retail brokerage and private banking. Most recently as head of Investments – Asia for RBC Wealth Management, she provided leadership and strategic direction for the advisory and discretionary investment product platform with a focus on broadening the company’s presence in Asia.
The international division of RBC Wealth Management-U.S. serves high-net-worth and ultra-high-net-worth clients worldwide from offices in New York, Houston, Miami, San Diego, Seattle and Wilmington, Del. More than 50 international financial advisors and private bankers serve the needs of international and domestic clients through private banking, credit, investment management, asset management, trusts and other solutions.
Jonell Lundquist, RBC Wealth Management: 612-371-2239 or email@example.com
Investment and insurance products offered through RBC Wealth Management are not insured by
the FDIC or any other federal government agency, are not deposits or other obligations of, or
guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible
loss of the principal amount invested.