Rbc Dain Rauscher Inc. (New York)

Name: Rbc Dain Rauscher Inc.
Address: One Liberty Plaza, New York, NY, 10006 1404
Telephone: 212-858-7000

Rbc Dain Rauscher Inc. is a large advisory firm based in New York. It manages $27.91 billion of regulatory assets for 79,394 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Rbc Dain Rauscher provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and market timing services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rbc Dain Rauscher: assets under management

The assets under management (AUM) of Rbc Dain Rauscher Inc. is $27.91 billion. The firm's AUM has grown by 487% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $6.08 billion in discretionary accounts and $21.83 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $411.08 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $337.96 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rbc Dain Rauscher Inc. for their services and products based on a percentage of assets under management, fixed fees, and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Rbc Dain Rauscher Inc.

Irving Weiser has been acting as President since 1 May 2003. John Godfrey Taft joined the executive team most recently as the Board Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dain Rauscher Corporation	Direct owner	1 Mar 1998	75% - 100%	41-1228350
John Christopher Appel	Dir. vice chairman fixed income capital markets division	1 Mar 1998	Other	1615721
Thomas John Stotts	Srop	1 Mar 1998	Other	2282769
Irving Weiser	President chairman & ceo	1 Mar 1998	Other	1522347
Peter Michael Grant	Sr. managing director equity capital markets	1 Mar 1998	Other	1551379
Peter Michael Ii Grant	Sr. evp & co-head, rbc capital markets, a division of rbc dain rauscher inc.	1 Mar 1998	Other	1551379
Rbc Dain Rauscher Corp	Direct owner	1 Mar 1998	75% - 100%	41-1228350
Rbc Capital Markets Holdings (Usa) Inc.	Direct owner	1 Mar 1998	75% - 100%	41-1228350
Michelle Rae White	Sr. v.p. director of operations	1 Jul 1998	Other	1302764
Terry Alan Moen	Crop	1 Jan 2000	Other	1965431
Paula Hofmeister Phillippe	Executive vice president & director	1 Jan 2000	Other	1732449
David James Parrin	Executive vice president & cfo	1 Jan 2000	Other	3066753
Daniel Joseph Collins	Sr. vp & controller	1 Apr 2000	Other	4220092
Peter Armenio	Sr. e.v.p. private client group	1 Jan 2001	Other	2579768
Carla Jean Smith	Evp, secretary and general counsel	1 Jan 2001	Other	2127038
Mary Jane Delaney	Compliance director	1 Nov 2001	Other	3070
Peter Armenio	President, rbc dain rauscher	1 Jan 2002	Other	2579768
Lawrence Cullen Holtz	Evp, fixed income capital markets	1 Jan 2002	Other	1239834
Charles Edward Grose	Evp, private client group	1 Jan 2002	Other	230728
Deborah Joy Kermeen	Svp, treasurer	1 Jan 2002	Other	2235924
Lisa Ann Ferris	Evp, chief financial officer	1 Mar 2002	Other	2357061
John Goldsmith	Vice chairman	1 Mar 2002	Other	224462
Peter Michael Ii Grant	Head of rbc capital markets, a division of rbc dain rauscher inc.	1 May 2002	Other	1551379
David Luce Cermak	Sr. v.p., director of operations	1 May 2002	Other	1806989
Irving Weiser	Chairman	1 May 2003	Other	1522347
Brian Franklin Peters	President and ceo	1 May 2003	Other	2684928
Bentley Jay Anderson	Secretary & chief legal officer	1 May 2003	Other	2754365
John Godfrey Taft	Sr. vp, wealth management services	1 May 2003	Other	1007933
Lawrence Cullen Holtz	Evp, director	1 Aug 2003	Other	1239834
Michael Robert Kavanagh	Evp, president rbc dain correspondent services	1 Apr 2004	Other	1021014
Cynthia Holz Cheney	Deputy compliance director	1 May 2004	Other	1353033
Henry Haverstock Miles	Svp, director of compliance	1 Jul 2004	Other	2981176
Mary Ellen Zimmer	Director, managing dir. & chief administrative officer	1 Mar 2005	Other	2455924
Daniel Lee Torbenson	Acting chief legal officer	1 Jun 2005	Other	4566083
Brian Christopher Hansen	Acting chief compliance officer	1 Jul 2005	Other	2664648
Daniel Lee Torbenson	Chief legal officer	1 Aug 2005	Other	4566083
John Godfrey Taft	President & ceo	1 Sep 2005	Other	1007933
Michael Robert Kavanagh	Evp, president wealth management services	1 Sep 2005	Other	1021014
Mary Ellen Zimmer	Director, managing dir. & chief operating officer	1 Sep 2005	Other	2455924
Joseph Daniel Fleming	Chief compliance officer	1 Dec 2005	Other	2093776
Michael Robert Kavanagh	Evp, chief operating officer & director	1 Apr 2006	Other	1021014
Mary Ellen Zimmer	Head of primary advisor services and director	1 Apr 2006	Other	2455924
Kermit Edwin Iii Housh	Compliance registered options principal	1 Nov 2006	Other	2952998
R Peter Sanchez	Chief operations officer	1 Jan 2007	Other	2418424
John Laurence Odonnell	Srop	1 Aug 2007	Other	2172658
John Godfrey Taft	President, ceo, chairman of the board, chief operating officer and director	1 Aug 2007	Other	1007933
Michael Robert Kavanagh	Evp, director	1 Aug 2007	Other	1021014
John Godfrey Taft	Board member	1 Feb 2008	Other	1007933
Michael Robert Kavanagh	Principal executive officer, director & board member	1 Feb 2008	Other	1021014
Mary Ellen Zimmer	Board member	1 Feb 2008	Other	2455924
Mark Allan Standish	Board member	1 Feb 2008	Other	2223303
Mark Thomas Commander	Chief compliance officer	1 Feb 2008	Other	1082296
Steven J Decicco	Chief financial officer	1 Feb 2008	Other	3240084
Richard Troy Chase	Chief legal officer & general counsel	1 Feb 2008	Other	2949113
Thomas Bryan Donovan	Chief operations officer	1 Feb 2008	Other	860963
Richard Joseph Tavoso	Managing director, board member	1 Feb 2008	Other	1957029

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Royal Bank Of Canada	Indirect owner	1 Jan 2001	75% - 100%	13-5357855
Rbc Holdings (Usa) Inc	Indirect owner	1 Jan 2001	75% - 100%	13-3237290
Royal Bank Holding Inc.	Indirect owner	1 Aug 2002	75% - 100%	89-7712238
Rbc Holdings (Usa) Inc	Indirect owner	1 Oct 2003	75% - 100%	13-3237290
Rbc Usa Holdco Corp.	Indirect owner	1 Oct 2003	75% - 100%	20-0563684

Based in New York

The principal office where Rbc Dain Rauscher Inc. performs its advisory services is located at One Liberty Plaza, New York, NY 10006 1404, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-858-7000 or by fax 866-756-5765. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.rbcdain.com.