MINNEAPOLIS, Minnesota (April 25, 2023) – The National Association of Plan Advisors (NAPA) has named 14 teams from RBC Wealth Management to its “Top Defined Contribution (DC) Advisor Teams” list, and also named RBC Wealth Management to its “Top DC Advisor Multi-Office Firms” list for 2022.
The “Top DC Advisor Teams” list recognizes leading retirement plan advisory teams – defined as operating from a single physical location – with over $100 million in assets under administration related to their defined contribution (DC) practice. The multi-office list highlights firms with more than one physical location with more than $1 billion in DC assets under advisement.
“I’m proud to see these outstanding teams recognized by NAPA for their commitment to providing excellent retirement plan advice and efforts to build a more financially secure retirement for plan participants,” said Michael Armstrong, CEO of RBC Wealth Management – U.S.
The complete list of RBC Wealth Management’s 2022 Top DC Advisor Teams:
In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Wealth Management 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 $510 billion in total client assets with more than 2,100 financial advisors operating in 187 locations in 42 states.
The National Association of Plan Advisors was created by and for retirement plan advisors. Membership is also open to other retirement industry professionals who support the interests of plan advisors. NAPA is the only advocacy group exclusively focused on the issues that matter to retirement plan advisors. NAPA is part of the American Retirement Association, based in the Washington, D.C. area. More information about NAPA is available at napa-net.org.
Sam Benshoof, RBC Wealth Management, 612-313-1275, samuel.benshoof@rbc.com
The 2022 National Association of Plan Advisors’ Top DC Advisor Teams award was announced March 2023. Data as of 12/31/2022. The award recognizes retirement plan advisor teams with at least $100 million in defined contribution assets under advisement. This award does not evaluate the quality of services provided to clients and is not indicative of the advisor’s future performance. The financial advisor does not pay a fee to be considered for or to receive this award.
The 2022 National Association of Plan Advisors’ Top DC Advisor Multi-Office Firms listing was announced March 2023. Data as of 12/31/2022. The list recognizes retirement plan advisor firms with multiple office locations and at least $1 billion in defined contribution assets under advisement. It does not evaluate the quality of services provided to clients and is not indicative of the advisor’s future performance. The firm does not pay a fee to be considered for or to receive this recognition.
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.