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RBC Wealth Mgt - Good or bad?

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Jan 12, 2009 8:24 pm

finconsult1991

Joined: 2009-01-12Offline

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

Jan 12, 2009 8:25 pm

snaggletooth

Joined: 2007-07-13Offline
finconsult1991:

Thinking of making the move to RBC from a top five wire house. 

  Weren't there only 4 to begin with?
Jan 13, 2009 6:20 pm

Baba Booey

Joined: 2009-01-05Offline

I work for RBC, send me a message.

Jan 20, 2009 11:34 pm

EASY/E

Joined: 2009-01-13Offline

IS RBC a Private Bank environment or Broker Dealer? It seems that RBC did not get into trouble like the rest.

Jan 21, 2009 3:47 am

Baba Booey

Joined: 2009-01-05Offline

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.