RBC Wealth Mgt - Good or bad?

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finconsult1991's picture
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Joined: 2009-01-12

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

snaggletooth's picture
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Joined: 2007-07-13

finconsult1991 wrote:Thinking of making the move to RBC from a top five wire house
 
Weren't there only 4 to begin with?

Baba Booey's picture
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Joined: 2009-01-05

I work for RBC, send me a message.

EASY/E's picture
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Joined: 2009-01-13

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

Baba Booey's picture
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Joined: 2009-01-05

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.

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