MINNEAPOLIS, Minnesota (May 21, 2019) – As part of RBC Wealth Management’s commitment to serving veterans and their families, employees at the firm recently donated more than $40,000 to Building Homes for Heroes, a national nonprofit that builds or modifies homes, and gifts them, to injured servicemen or women.
“RBC Wealth Management is honored to support Building Homes for Heroes,” said Pat Vaughan, east division director of RBC Wealth Management and executive sponsor of the firm’s veterans-focused employee resource group. “Our veterans have sacrificed so much for our country, and Building Homes for Heroes does important work to help support them after they’ve returned home.”
Since 2013, Building Homes for Heroes has gifted more than 100 homes mortgage-free to injured veterans and their families. The organization also offers financial planning services, family funding and emergency support to the veteran community. Every veteran who receives a home is connected with a financial planning representative, who helps provide advice and guidance to the new, and sometimes first-time, homeowners related to home maintenance, home expenses and planning for a successful future.
Employees in RBC Wealth Management’s New York-Midtown office have supported Building Homes for Heroes for several years, and in 2018 the firm invited the organization to present at two internal events. Employees attending the annual conference of the firm’s women-focused employee resource group and the annual Private Client Group meeting heard a presentation from U.S. Marine Corps Sergeant Kirstie Ennis, who was seriously injured in Afghanistan and received a mortgage-free home from Building Homes for Heroes.
Following the presentations, employees at both events raised a total of $40,000 in support of the nonprofit.
“Building Homes for Heroes is proud to be gifting one home every 11 days for our nation’s injured veterans, and we couldn’t do it without the amazing support from corporations like RBC Wealth Management,” said Andy Pujol, CEO and founder of Building Homes for Heroes.
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 $358 billion in total client assets with approximately 1,800 financial advisors operating in 200 locations in 42 states.
The RBC Wealth Management Veterans Engagement and Troop Support (VETS) employee resource group helps expand awareness within the firm of the ongoing sacrifices of veterans, people with military experience and their families, and engages employees through local activities to help. VETS identifies outreach opportunities to the general public and works with other veteran organizations that have a common mission; leverages VETS resources to provide maximum support to veterans/veteran organizations with the greatest needs; and promotes its efforts to local communities to inspire additional action
Sam Benshoof, RBC Wealth Management, 612-313-1275, or Samuel.benshoof@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.