MINNEAPOLIS (April 7, 2022) – RBC Wealth Management – U.S., one of the nation’s largest full-service wealth management firms, announces that 123 financial advisors were named to the Forbes’ “Best-In-State Wealth Advisors” list. The annual list recognizes financial advisors across the country for their exceptional performance, professionalism and client service.
“Congratulations to these advisors on their well-deserved honor,” said Michael Armstrong, CEO of RBC Wealth Management – U.S. “Their inclusion on this list represents their integrity and steadfast commitment to serving their clients; they truly are best-in-state.”
The complete list of RBC Wealth Management advisors named to the “Best-In-State Wealth Advisors” list:
The “Best-In-State Wealth Advisors” ranking was developed by SHOOK Research and is based on in-person and telephone due diligence meetings and 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.
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 $537 billion in total client assets with more than 2,100 financial advisors operating in 183 locations in 42 states.
Sam Benshoof, RBC Wealth Management, 612-313-1275, samuel.benshoof@rbc.com
The 2022 Forbes “Best-In-State Wealth Advisors” award was announced April 2022. Data as of 6/30/2021. 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.