The McCarthy Wealth Group

Robert P. McCarthy, AWM

Managing Director - Financial Advisor, Senior Portfolio Manager - Portfolio Focus

Bob is a managing director and founded the McCarthy Wealth Group to focus on the needs of executives, entrepreneurs, professional athletes and their families. He began his extensive financial services career in New York City in 1989, and joined RBC Wealth Management in 2000. As a wealth manager, Bob, along with his partners, Grant and Mike, and associates, Adrienne and Josh, are members of RBC Private Wealth, an ensemble of global resources and customized advice, designed to meet the unique needs of high-net-worth clients. He is also a member of the Senior Portfolio Manager Group – Portfolio Focus, a group of selected advisors who have the experience, integrity and commitment to service to take full discretion over investment portfolios for suitable clients. He is also a member of the firm’s Alternative Investments Advisory Council.

Bob holds the Accredited Wealth Manager (AWM) designation sponsored jointly by RBC and Michigan State University. The AWM designation is attained by advisors who focus on complex wealth management issues including wealth transfer, wealth and estate planning services, trust services and insurance. Bob earned a bachelor’s degree from Villanova University, has passed the Series 7, 6, and 65 exams, and maintains his insurance licenses.

Bob is a consistent member of RBC Wealth Management’s Chairman’s Council, an honor bestowed to the top 150 financial advisors in the firm. Bob has received recognition from national publications including the Financial Times Top 400 U.S.-based Financial Advisors in 2020, a Barron’s Top 1,200 Financial Advisor in 2020, 2021, 2022 and 2023 and a Forbes Best-In-State Wealth Advisor in 2020, 2021, 2022 and 2023. He is active with numerous charitable organizations, especially those focused on education and junior golf.

A native of Spring Lake, New Jersey, Bob resides in the Raleigh area with his wife, Denise, and their four children. He enjoys spending time with his family, watching the Villanova Wildcats, playing golf and caddying for his children.

The 2020 Forbes "Best-In-State Wealth Advisors" award was announced January 2020. Data as of 6/30/2019. 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.

The 2021 Forbes "Best-In-State Wealth Advisors" award was announced February 2021. Data as of 6/30/2020. 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: <a href="http://www.SHOOKresearch.com" target="_blank">www.SHOOKresearch.com</a>.

The 2022 Forbes "Best-In-State Wealth Advisors" award was announced April 2022. Data as of 6/30/2021. 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: <a href="http://www.SHOOKresearch.com" target="_blank">www.SHOOKresearch.com</a>.

The 2023 Forbes “Best-In-State Wealth Advisors” award was announced April 2023. Data as of 6/30/2022. 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.