LOS ANGELES (August 8, 2024) — RBC Wealth Management–U.S. has hired Marcel TenBerge to the role of Southern California Complex Director, where he will lead 11 branch offices and 215 employees in a key region for the firm.
TenBerge draws on more than 24 years of experience in the wealth management industry, with a focus on fostering an environment of support, collaboration and fulfillment for team members and clients alike. He most recently served as the Pasadena Central Valley Market Executive for Merrill Lynch. “Marcel has been a leader in the southern California market for over 20 years, with a strong track record of growth both organically and through recruiting top teams,” said Darryl Traweek, West Division Director at RBC Wealth Management. “As a former professional athlete, Marcel possesses a strong competitive spirit and is poised to take our SoCal complex to new levels. I am proud to welcome Marcel to the West Division!”
“I’m thrilled to join RBC Wealth Management for the opportunity to truly support and partner with financial advisors in the growth of their practices. The firm’s focus is on the right place—the clients and those who serve those clients,” TenBerge said. “I’m excited to lead the Southern California Complex knowing that I am fully supported in driving growth and delivering exceptional value to clients.”
“Marcel has earned a reputation as a highly successful regional manager, and I am confident that his outstanding leadership and recruiting skills will help us continue to attract the very best advisors in this important market,” said Tom Sagissor, President of RBC Wealth Management.
TenBerge worked for Merrill Lynch for 19 years, leading the Pasadena Central Valley, San Francisco, Phoenix and Oklahoma markets after a decade as a financial advisor. Before entering the finance industry, TenBerge played professional basketball for five years in Germany, Holland and Belgium. He and his wife, Jennifer, have twin 21-year-old sons, Marcus and Jake.
About RBC Wealth Management–U.S.Founded in 1909, RBC Wealth Management delivers trusted advice and world-class wealth solutions to individuals, families and institutions. A subsidiary of Royal Bank of Canada (RBC), it is one of the largest full-service wealth management firms in the U.S., supporting the complex needs of high-net-worth and institutional clients by providing access to private banking, credit, investment management, asset management and other services. In the United States, RBC Wealth Management has $583 billion in total client assets with more than 2,100 financial advisors operating from 190 locations in 42 states. RBC Wealth Management, a division of RBC Capital Markets, LLC, registered investment adviser and Member NYSE/FINRA/SIPC. Learn more at rbcwm.com.
Media contactMegan Boldt, RBC Wealth Management, 612-371-6123, megan.boldt@rbc.com
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