MINNEAPOLIS, Minnesota (August 26, 2019) – RBC Wealth Management, one of the nation’s largest full-service wealth management firms, announces that five financial advisors were named to the 2019 Forbes’ “Best-in-State Next-Gen Wealth Advisors” list. The list recognizes top financial advisers at national, independent, regional and bank broker-dealers from across the U.S. that were born in 1980 or later.
“We congratulate these five talented advisors for this well-deserved honor,” said Michael Armstrong, CEO of RBC Wealth Management – U.S. “This recognition is a testament to their professionalism and integrity, and their ability to build and sustain strong, trusted client relationships.”
The complete list of RBC Wealth Management’s Best-in-State 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 $358 billion in total client assets with approximately 1,900 financial advisors operating in 200 locations in 42 states.
Sam Benshoof, RBC Wealth Management, 612-313-1275, samuel.benshoof@rbc.com
The 2019 Forbes “Top Next-Gen Wealth Advisors” and “Best-In-State Next-Gen Wealth Advisors” award was announced June 2019. Data as of 3/31/2019. The award was developed by SHOOK Research and is based on in-person and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: 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. Rankings are based on the opinions of SHOOK Research, LLC and not indicative of future performance or representative of any one client’s experience. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. 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. For more information: www.SHOOKresearch.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.