RBC Wealth Management commits to growth in Ohio with veteran team and new branch in Toledo

Newsroom

Share

TOLEDO, Ohio (Jan. 13, 2022) – RBC Wealth Management is ramping up its presence in Ohio with the addition of a new branch in Toledo and a highly experienced team to anchor the space.

The TWDS Group joins RBC Wealth Management today from Merrill Lynch with approximately $525 million in client assets. The team includes:

  • Robert Thompson, Senior Vice President – Branch Director, who has 27 years of industry experience
  • David Williams, First Vice President – Financial Advisor, who has 36 years of experience
  • Michael (Mic) Donahue, AAMS®, CRPC®, CPFA, Vice President – Financial Advisor, who has 28 years of experience
  • Debra Sendelbach, Branch Service Manager – Senior Registered Client Associate, who has 35 years of experience
  • Rawanne Smili, Senior Investment Associate, who has 3 years of experience

The TWDS Group creates customized wealth management strategies for multiple generations of high-net-worth individuals – physicians, successful business owners, entrepreneurs, corporate executives, retirees, and trade unions.

“Moving to RBC Wealth Management provides us access to global resources, along with a unique, smaller-firm culture,” Thompson said. “The organization has all the capabilities and resources we need, and shares our focus on creating the best-possible experience for our valued clients.”

The new office in Toledo is one of two RBC Wealth Management branches in Ohio, with the other in Cleveland.

“Expanding to a second location in Ohio is very exciting for our complex and will help us better serve our clients and increase our reach in the state,” said Frank Albanese, Great Lakes Complex director. “The TWDS Group has a long and successful history in Toledo, and they bring the right experience and energy for our growing presence in this market.” 


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 Wealth Management 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 $542 billion in total client assets with more than 2,100 financial advisors operating in 182 locations in 42 states.

Media Contact

Hannah Pederson, RBC Wealth Management, 612-371-2365, hannah.pederson@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.