RBC Wealth Management recruits new team in St. Cloud, MN



MINNEAPOLIS, Minnesota (September 19, 2018) – RBC Wealth Management, one of the nation’s largest full-service wealth management firms, recently recruited a veteran team in St. Cloud, MN, according to Brad Wheelock, director of the branch.

The Schluchter Investment Group is comprised of Wayne Schluchter, senior vice president – financial advisor; Jeffrey Voit, first vice president – financial advisor; Cindy Lanoue-Sauer, senior financial associate; Alexander Coulter, senior investment associate; Kim Thyen Nies, senior investment associate; Terri Hermanson, senior registered client associate; and Janet McConkey, client associate. The team has worked together for more than two decades and brings 148 years of combined industry experience. They manage more than $500 million in client assets and join RBC from Commonwealth Financial Network.

“After evaluating several high-quality options, our team decided to join RBC Wealth Management because of its client-first culture,” said Schluchter. “In addition, because of the many investments the firm is making in the U.S., we believe it is the best destination to continue to grow our business.”

“The Schluchter Investment Group is incredibly well-respected for their knowledge, professionalism, and client service,” said Wheelock. “The team works together to develop the best comprehensive strategies to meet their clients’ needs. We are proud to welcome them, and their clientele, to RBC.”

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 $353 billion in total client assets with approximately 1,800 financial advisors operating in 200 locations in 42 states.

Media Contact:

Jonell Lundquist, RBC Wealth Management, 612-371-2239, or jonell.lundquist@rbc.com