RBC Wealth Mgt - Good or bad?
Thinking of making the move to RBC from a top five wire house. Do mostly wrap advisory business. Looking for a cultural change and a payout structure that doesn't change every single year. Any thoughts would be greatly appreciated. Thanks
Thinking of making the move to RBC from a top five wire house.
Weren't there only 4 to begin with?
IS RBC a Private Bank environment or Broker Dealer? It seems that RBC did not get into trouble like the rest.
RBC (RY) is Royal Bank of Canada. RBC Wealth Management is it's B/D which is fully owned subsidiary. Back in 1999 RBC bought a regional called Dain Rauscher, to become it's B/D in the states.
Didn't get in any trouble, no TARP money, no excessive writedowns....kept our noses clean.