MARIN COUNTY, California (September 10, 2019) — RBC Wealth Management – U.S., one of the nation’s largest wealth management firms, recently made another key move in its explosive growth in the San Francisco market with the opening of its new Marin County branch. The new office is located at 100 Drakes Landing Road in Greenbrae.
“Our business in the Bay Area has doubled in the past three years thanks to our fierce focus on the advisor-client relationship and by ‘invitation-only’ recruitment of top advisors to our complex,” said Michael Schipper, director of the firm’s Northern California complex. “We have been looking at Marin County for an expansion for several years, and this new branch is a fantastic representation of RBC Wealth Management’s increased investment in the advisor-client experience.”
The new Marin County branch office is one of seven RBC Wealth Management offices in the Northern California complex. Other offices in the complex include El Dorado Hills, Fresno, Monterey, San Francisco, San Jose and Walnut Creek.
“We are very excited to begin our growth in Marin County with such high quality people,” Schipper said. “Both the FPI Group and Margarita Perry are foundational partners for this expansion and have a long and successful history in the North Bay area.”
The FPI Wealth Management Group is composed of Patrick Farley, managing director – financial advisor, who has 26 years of industry experience and was named a 2019 Forbes “Best in State” wealth advisor; Carl Ilg, vice president – financial advisor, who has 16 years of experience; Matthew Larrabure associate vice president – financial advisor, who has 11 years of experience; and Kerry Farley, financial advisor, who has 5 years of experience. The team manages approximately $326 million in assets and joins RBC Wealth Management from Merrill Lynch.
Margarita Perry has 34 years of industry experience and manages about $125 million in assets. She also joins RBC from Merrill Lynch.
In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Capital Markets, LLC is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges. RBC Wealth Management has $384 billion in total client assets with more than 1,900 financial advisors operating in 170 locations in 42 states.
Nicole Garrison, RBC Wealth Management, 612-371-2999, nicole.garrison@rbc.com
The 2019 Forbes “Best-In-State Wealth Advisors” award was announced February 2019. Data as of 6/30/2018. The award was developed by SHOOK Research and is based on in-person and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of SHOOK Research, LLC and not indicative of future performance or representative of any one client’s experience. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. The financial advisor does not pay a fee to be considered for or to receive this award. This award does not evaluate the quality of services provided to clients. This is not indicative of this financial advisor’s future performance. For more information: www.SHOOKresearch.com.
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.