RBC Dain vs. AGE/Wachovia

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May 28, 2008 3:20 pm

I know the difference here at the local level, just looking for a comparison between the two firms as far as training goes, name recognition, size, company philosophy etc.

  If you had to pick a firm to work at, what would you pick and why.
May 29, 2008 12:34 am

Hmmmmmm.  One’s a bank, one’s a foreign bank.  So, um, neither!

May 29, 2008 10:20 am

RBC is a bank - Dain is not.  From what I understand - the boarder limits the control that RBC has on the US firm.  AGE / Wachovia is like Obama or Hillary - lots of inside fighting and lack of direction.

May 29, 2008 12:04 pm

I know RBC is dropping the Dain in the name; believe they are going to be RBC Wealth Management.

May 29, 2008 1:53 pm

Wachovia is a train wreck. That's what happens when you disinvite most of your employees to join you in your new digs five states away. Not that Wach was a bowl of cherries before this latest impersonal decision. Too much of the old Pru screw-em culture.

 My own firm was taken over by RBC and we are yet integrate. that comes later this year. Friends at RBC convinced me to take the transition dough by telling me I'd love the firm. So far, from what I've seen, wirehouse level services, research, and inventory without the wirehouse commish haircut or BS. Still, jury is out. Time will tell.   RBC dropped the Dain name in March.