MINNEAPOLIS, Minnesota (February 26, 2018) – RBC Wealth Management, one of the nation’s largest full-service wealth management firms, announces that 32 financial advisors were named to Forbes’ inaugural “Best-In-State Wealth Advisors” list. This exclusive list, published on Forbes.com on February 15, recognizes financial advisors for their exceptional performance, professionalism and client service.
“As financial advisors who uphold the highest standards of service, we are proud to have them represent RBC Wealth Management on this ranking,” said Michael Armstrong, CEO of RBC Wealth Management – U.S. “Their inclusion on this list is a testament to their outstanding performance and steadfast commitment to clients.”
The complete list of RBC Wealth Management Forbes “Best-In-State Wealth Advisors”:
The Best-In-State Wealth Advisors ranking was developed by SHOOK Research and is based on in-person and telephone due diligence meetings and a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms.
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 $348 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
The 2018 Forbes “Best-In-State Wealth Advisors” award was announced February 2018. Data as of 6/30/2017. The award. Forbes Best-in-State Wealth Advisors ranking was developed by SHOOK Research and is based on in-person and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of SHOOK Research, LLC and not indicative of future performance or representative of any one client’s experience. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. The financial advisor does not pay a fee to be considered for or to receive this award. This award does not evaluate the quality of services provided to clients. This is not indicative of this financial advisor’s future performance. For more information: www.SHOOKresearch.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.