RBC Wealth Management is part of the Royal Bank of Canada. Its subsidiaries operate under the master brand name RBC. Our enterprise is in Toronto, but the U.S. Wealth Management headquarters is located in Minneapolis. RBC is one of the world’s leading diversified financial services companies, distinguished by a long heritage of financial strength, integrity and unwavering dedication to our clients.
RBC Wealth Management’s business is financial advising. Our financial advisors and their teams sit across the country in our different branch offices, serving our clients and growing our business. We have a variety of different corporate functions in our Minneapolis office that support this business. We have over 5,000 employees in U.S. Wealth Management and $358 billion assets under administration.
Under the RBC umbrella, there are several different divisions of financial services. In Canada, we are best known as a bank. Here in the United States, we have our Wealth Management, Global Asset Management and Capital Markets divisions. There is no commercial or retail banking done under the RBC name is the U.S. However in 2015, RBC purchased City National Bank in the U.S.
We have internship and full-time, entry-level opportunities in both our corporate and branch offices.