RBC Wealth Management expands with new flagship Miami office
RBC Wealth Management, one of the nation’s largest full-service wealth management firms, is expanding in the Southeast with the establishment of new office in the heart of Miami’s financial district to serve high net worth clients.
“Miami is an important major U.S. market to the firm, as it is one of the most vibrant and fastest growing cities in the U.S. and is also recognized as a major domestic financial center,” said Michael Armstrong, CEO of RBC Wealth Management – U.S. “This new branch reinforces our intention to have a strong presence in South Florida and throughout the Southwest.”
Spearheading the new domestic Miami office is the Gibraltar Group which oversees in excess of $1 billion in assets for ultra-high net worth clients. The Gibraltar Group is led by industry veteran Doug Sharon, who was a Senior Managing Director at Bear Stearns for 20 years, and was the Executive Director of Bear Stearns’ Boston office for over ten years before leaving to join Morgan Stanley in 2008. Joining Doug is his longtime partner and Gibraltar Group Co-Founder Carey Bosch, Managing Director – Financial Advisor, as well as the group’s full- client service team.
The RBC Wealth Management Miami office is located at 801 Brickell Ave., Suite 2100.