Last Updated: 04/18/2025
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Highlights
Minimum Initial Investment
$100,000
Annual Advisory Fee
N/A
RBC Capital Markets, LLC Review
RBC Capital Markets, LLC is offered by RBC Capital Markets, LLC, founded in 1909 and based in New York, NY. RBC Capital Markets, LLC is available in 43 states (and Washington, DC).
Key Takeaways
RBC Capital Markets, LLC Pros & Cons
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RBC Capital Markets, LLC FAQ
What wealth management fees does RBC Capital Markets, LLC charge?
RBC Capital Markets, LLC uses a fee-only model .
Fee-only model. The main advantage of this model is clients don't have to worry their wealth managers are influenced by commissions when making financial recommendations. Fee-only advisors have a fiduciary duty toward their clients. That means they are legally required to put their clients' interests first and cannot sell them a product they don't need or that goes against their goals or risk tolerance.
What are the investment expense ratios of RBC Capital Markets, LLC?
Hiring an wealth management firm with competitive investment fees is one of the most important steps to maximizing your portfolio's performance. Investment expense ratios can vary drastically depending on the types of accounts and assets involved.
RBC Capital Markets, LLC does not charge fees based on an investment expense ratio. What are the annual management fees of RBC Capital Markets, LLC?
RBC Capital Markets, LLC charges an annual management fee that starts at $12,500 and ranges up to $250,000 .| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fee Model | Management and/or advisory fee | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Management / Advisory Fee | $12,500 - $250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What wealth management services does RBC Capital Markets, LLC offer?
Wealth management companies typically offer a wide selection of services. RBC Capital Markets, LLC provides the following:
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What investment vehicles does RBC Capital Markets, LLC offer?
A well-balanced portfolio should include a mix of investments, such as stocks, bonds, real estate, and other investment vehicles. It should also contain assets with varying levels and types of risk to help minimize the overall impact if one of the portfolio's assets loses its value.
RBC Capital Markets, LLC offers the following types of investment portfolios and account types.
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These are the investment options RBC Capital Markets, LLC offers its clients.
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What is the minimum amount you have to invest to open an account with RBC Capital Markets, LLC?
The minimum amount to open an account with RBC Capital Markets, LLC is $100,000.SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
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SuperMoney Net Recommendation Score
Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.
-100
-1000+100
No one recommends
Everyone recommends
RBC Capital Markets, LLC Community Reviews
Would you recommend RBC Capital Markets, LLC to your friends?
HG
Harry G.
Jul 24, 2020
May or may not recommend
Had a partner who was managing the account pass away and it’s been a month and still can’t get control of our money , poorly run
TN
Thomas N.
Aug 24, 2019
May or may not recommend
Dealt with one of their VP's Curtiss Lacrosse, not a man of his word.
UA
User A.
May 7, 2018
May or may not recommend
Don’t invest with the Wealth Management branch. Completely irresponsible, uncommunicative and uncaring. They dropped the ball, lost $50k of my money (I’m disabled and count on every dollar to live on) and after being treated like a second class citizen in trying to pull out and calling the headquarters, you realize there are no stops in place. I wrote to the president of RBC and received no response. After a ...Show More
PlainView A.
Apr 1, 2018
May or may not recommend
If there was no star that would be my choice! They squandered my money over the past few years and I’m out. Last year my mid risk investments made 2%. My account manager thought that was ok considering how bad the markets were last year. What a liar! Don’t waste your time or money please do not invest with RBC!
Showing 4 of 4 reviews
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