MINNEAPOLIS (April 3, 2024) — RBC Wealth Management, one of the nation’s largest full-service wealth management firms, announced that 188 financial advisors were named to the Forbes “Best-In-State Wealth Advisors” list for 2024, an increase of 32 advisors from last year.
The annual award recognizes top financial advisors at national, independent, regional and bank broker-dealers from across the country based on factors such as client retention, industry experience, and qualitative criteria including assets under management and revenue generated for their firms.
“Congratulations to the awardees for this acknowledgement,” said Michael Armstrong, CEO of RBC Wealth Management – U.S. “This industry recognition further reinforces our advisors’ dedication to helping clients manage their unique needs of today and plan for their goals for tomorrow.”
The complete list of RBC Wealth Management’s Best-In-State Wealth Advisors:
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 $570 billion in total client assets with more than 2,100 financial advisors operating in 190 locations in 42 states.
Media contactMegan Boldt, RBC Wealth Management, 612-371-6123, megan.boldt@rbc.com
The 2024 Forbes “Best-In-State Wealth Advisors” award was announced April 2024. Data as of 6/30/2023. The award was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings to evaluate each advisor based on qualitative criteria such as: best practices, client retention, industry experience, credentials, 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.