MINNEAPOLIS, Minnesota (February 6, 2019) – RBC Wealth Management, one of the nation’s largest full-service wealth management firms, recently promoted Reva Shakkottai, Senior Vice President – Financial Advisor and Senior Portfolio Manager – Portfolio Focus, to lead the Manhattan Beach, CA branch. She will also continue to work with the Specialized Strategies Group, which resides in RBC’s Century City office.
Reva has over 20 years of experience at some of the most prestigious firms on Wall Street, with the last 10 years at RBC Wealth Management. She is a Chartered Financial Analyst® and a member of the CFA Institute and CFA Society Los Angeles, and is also the portfolio manager for her team. Her strategies for growing and protecting wealth have been featured on CNBC, Fox News, Fox Business Network, and in Marie Claire, On Wall Street, Los Angeles Business Journal, as well as other business media.
“Increasing the number of women in leadership positions is a continued focus for our firm,” said Kristen Kimmell, Head of Business Development at RBC Wealth Management. “Reva is extremely motivated and has continuously demonstrated the leadership skills needed to succeed, and we are thrilled she will now be leading the Manhattan Beach office.”
“I know Reva will be a great addition to our leadership team and we are excited to have her leading our efforts in Manhattan Beach,” said Mike Melton, director of the Southern California complex. “She has incredible insight in developing portfolio strategies, and is committed to delivering the best possible client service.”
She earned her MBA from the UCLA Anderson School of Management and her BS in Business Administration (Finance) from USC.
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 $344 billion in total client assets with approximately 1,800 financial advisors operating in 200 locations in 42 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.