MINNEAPOLIS, Minnesota (February 5, 2019) – RBC Wealth Management, one of the nation’s largest full-service wealth management firms, announces that Amit Sahasrabudhe, Head of Strategy and Technology for RBC Wealth Management – U.S. was recently named to the Minneapolis-St. Paul Business Journal’s 40 Under 40 list.
“I am thrilled to see Amit among this year’s 40 Under 40 winners,” said Michael Armstrong, CEO of RBC Wealth Management – U.S. “In just 18 months at our firm, he has had a huge impact, helping to set us on a path to becoming a world-class, digitally-enabled wealth manager.”
Amit leads a team of 350 employees – spanning areas of business, digital, data and analytics, and technology. He is responsible for development of RBC’s Wealth Management – U.S. strategy and the execution of the firm’s technology and digital transformation. Amit and his team have launched industry-leading solutions to reshape how the firm and its financial advisors engage with clients, including award-winning mobile apps and technology platforms to enable goals-based planning, new investment and credit products, and richer client data and insights.
“In a short timeframe, Amit has built a diverse and high-performing leadership team that is successfully executing against a clear vision for a digitally-enabled future,” Armstrong said. “As a result, he is quickly becoming recognized in the industry as a bold, execution-oriented business and technology executive and visionary.”
Amit is also involved in the local Twin Cities community, most recently joining the board of the Walker Art Center. Through both his professional and volunteer activities, Amit’s innovative approach continues to have a positive impact on colleagues, clients and the community.
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.