RBC Wealth Management-U.S. kicks off series of investments in holistic wealth planning with roll-out of MoneyGuidePro®



MINNEAPOLIS (January 24, 2017) – This week, RBC Wealth Management-U.S. will roll-out the first of a series of new tools designed to bolster the firm’s fee-advisory business and further refine its focus on goals-based planning.

By the end of January, all 1,800 of RBC Wealth Management’s U.S.-based advisors will gain access to RBC WealthPlan, a customized version of PIEtech’s innovative MoneyGuidePro® wealth planning software.

RBC Wealth Management will launch additional tools, designed by some of the leading fintech providers in the industry, throughout 2017.

“While goals-based planning has long been a part of what we do at RBC Wealth Management, this year we are making significant investments in new tools and technologies to create a best-in-class offering for both our clients and our advisors,” said Michael Armstrong, CEO of RBC Wealth Management-U.S. “Our end goal with all of these investments is to equip each one of our advisors with the tools they need to help their clients create and implement customized investment strategies while focusing on a more holistic picture.” 

RBC WealthPlan takes the best that MoneyGuidePro® has to offer and integrates it with RBC Wealth Management’s existing software to provide advisors and their clients with a comprehensive and fully integrated wealth planning tool. The new system allows advisors to better help clients identify, quantify and prioritize their goals. It facilitates retirement and other important goal scenario planning, and provides a way for advisors to monitor client plans and provide timely recommendations when situations change and adjustments are needed.

“Financial planning continues to move to the center of the advisor/client relationship – regardless of whether the Department of Labor’s Conflict of Interest rules remain in effect, simply because planning yields the highest ROI of any additional activity.” said Kevin Knull, CFP®, president of PIEtechSM, Inc. “Our goal is to help enhance the advisor’s value by enhancing the value and quality of the advice provided to each client.  We are thrilled to be working with RBC Wealth Management – while their roots and success date all the way back to 1858, we expect the addition of our software to their platform will help accelerate their advisors’ growth and their clients’ success in the years to come.”

About RBC Wealth Management – U.S.

In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Capital Markets, LLC. is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges.  RBC Wealth Management has $279 billion in total client assets with 1,800 financial advisors operating in 200 locations in 41 states.   For more information about RBC Wealth Management-U.S., visit https://www.rbcwealthmanagement.com/

About PIEtech, Inc.

PIEtech, Inc., believes that everyone needs and deserves a quality financial plan because it helps clients make better decisions. PIEtechSM is the creator of MoneyGuidePro®, the industry’s leading financial planning software, myMoneyGuide®, a service designed to make financial planning scalable and increase client acquisition, and Best Interest Scout SM, a solution to help complete the discovery necessary to help meet the DOL’s best interest standards.

Contact Info:

Nicole Garrison, RBC Wealth Management
612-371-2999, nicole.garrison@rbc.com