MINNEAPOLIS, Minnesota (November 22, 2017) – RBC Wealth Management, one of the nation’s largest full-service wealth management firms, recently welcomed a new branch director in the Des Moines, IA office, according to Dave Myers, director of the Kansas City complex.
Timothy Woods has joined RBC Wealth Management as senior vice president – branch director from UBS Financial Services where he was previously a branch manager. He joins with 34 years of industry experience and has more than $250 million in client assets. Also joining with Woods is Jennifer Lynn Poe, senior branch service manager.
“We are thrilled to welcome Tim to RBC Wealth Management. He is a proven industry leader and is well-respected in the community,” said Myers. “He will help us continue to grow our wealth management business.”
“RBC Wealth Management is known for its financial strength and stability, which helps to provide our clients with the confidence that their assets are in good hands,” said Woods. “I look forward to helping to grow our firm’s presence in the Des Moines area.”
The Des Moines branch is one of nine in the Kansas City complex. The other branches include Cedar Rapids and Davenport in IA; Leawood, KS; Lincoln and Omaha in NE; and Dakota Dunes, Rapid City and Sioux Falls in SD Woods will oversee 18 financial advisors and an additional 14 staff.
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 $310 billion in total client assets with approximately 1,800 financial advisors operating in 200 locations in 40 states.
Jonell Lundquist, RBC Wealth Management, 612-371-2239 or jonell.lundquist@rbc.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.