MINNEAPOLIS, Minnesota (July 27, 2018) – RBC Wealth Management, one of the nation’s largest full-service wealth management firms, announces that seven financial advisors were named to the 2018 Forbes’ “America’s Top Next-Gen Wealth Advisors” list. The list recognizes top financial advisers at national, independent, regional and bank broker-dealers from across the U.S.
“RBC Wealth Management is incredibly proud to congratulate these extremely talented financial advisors, who are the future of our industry, on receiving this prestigious honor,” said Michael Armstrong, CEO of RBC Wealth Management – U.S. “We are fortunate to have their fresh ideas and perspectives at the firm, and remain committed to helping them continue to grow their practices.”
The complete list of RBC Wealth Management Top Next-Gen Wealth Advisors:
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 $336 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 Top Next-Gen Wealth Advisors” award was announced July 2018. Data as of 3/31/2018. SHOOK considered advisors born in 1979 or later with a minimum 4 years as an advisor. Advisors have: built their own practices and lead their teams; joined teams and are viewed as future leadership; or a combination of both. Ranking algorithm is based on qualitative measures: telephone and in-person interviews to measure best practices, client retention, industry experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: 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. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor and are not indicative of future performance or representative of any one client’s experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. For more information, please see www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC. 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.
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.