St. Cloud, MN Office

Team
Updated today
RBC Capital Markets logo

RBC Capital Markets

Institution

Firm-wide stats for RBC Capital Markets

Total advisors

3,825

Across 400 offices

Clients per advisor

72 Low

Avg AUM per client

$1,017,425 Very High

HNW client ratio

4% Very Low

About

RBC Wealth Management, a division of RBC Capital Markets, LLC, serves a broad client base that includes individual investors (both non‑HNW and high‑net‑worth), institutional clients, pension and profit‑sharing plans, corporations, and charitable organizations. It offers multiple wrap fee advisory programs—RBC Advisor, Portfolio Focus, RBC Unified Portfolio, Consulting Solutions, and a Managed Account Program—providing discretionary and non‑discretionary portfolio management, financial planning, custody, and brokerage services.

The firm tailors strategies to each client’s Advisory Risk Profile and implements portfolios through a mix of in‑house and third‑party Investment Managers, Model Providers, and an Overlay Manager (either RBC WM or Envestnet), with choices for rebalancing frequency, tax‑management, and responsible‑investing screens. Program accounts are administered as unified or sleeve‑based structures (RBC UP) and may include fund share‑class conversions, cash sweep options, and alternative investments or annuities as described in the brochure.

RBC’s capital‑markets footprint and affiliated capabilities are notable features: RBC Capital Markets is registered with the CFTC as a futures commission merchant and as a swap firm, the firm’s affiliated asset managers (for example, RBC GAM – U.S. and RBC Rochdale) serve as Investment Managers and Model Providers, and the firm makes alternative investments (including feeder‑fund structures) and pooled vehicles available to clients. The brochure also discloses municipal‑related activities and regulatory matters and describes integrated lending and cash‑sweep arrangements with affiliated banks, all of which are identified as potential conflicts and are disclosed in the firm’s materials.

Based on RBC Capital Markets

Expertise

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management

Based on RBC Capital Markets

Occupation focus

Executive Founder/Business Owner Retired Financial Professional

Based on RBC Capital Markets

Demographic focus

Approaching retirement HENRY (High Earners, Not Rich Yet)

Based on RBC Capital Markets

Location

1015 W Saint Germain St, Suite 400

St. Cloud MN 56301-5423

Advisors at this office

13

Advisors at this office

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Jennifer T

Series 66

St. Cloud, MN

RBC Capital Markets

Jennifer Thoennes is a financial advisor with RBC Capital Markets in St. Cloud, MN. She holds a Series 66 designation and has three years of industry experience. Thoennes has been with RBC Capital Markets since 2016. RBC Wealth Management, a division of RBC Capital Markets, serves a diverse client base including individual investors, institutional clients, corporations, and charitable organizations. The firm offers various advisory programs and tailors investment strategies based on each client’s risk profile, utilizing both in-house and third-party investment managers.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Wayne S

Series 63, Series 65

St. Cloud, MN

RBC Capital Markets

Wayne Schluchter is a financial advisor at RBC Capital Markets with 38 years of industry experience. He holds Series 63 and Series 65 registrations and previously worked at Schluchter Investment Advisors and Commonwealth Financial Network. Outside of his advisory role, he serves as an assistant varsity football coach at St. Cloud Technical High School and is involved with the NDSU Foundation & Alumni Association as a director. RBC Wealth Management, a division of RBC Capital Markets, serves a diverse client base including individual investors, institutions, and charitable organizations. The firm offers multiple advisory programs providing portfolio management, financial planning, and brokerage services tailored to clients’ risk profiles, utilizing both in-house and third-party investment managers.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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John E

Series 63, Series 65

St. Cloud, MN

RBC Capital Markets

John Elliott is a financial advisor with RBC Capital Markets in St. Cloud, MN, holding Series 63 and Series 65 licenses and bringing 38 years of industry experience. His previous roles include positions at Wells Fargo Clearing and Wells Fargo Advisors LLC. RBC Wealth Management, a division of RBC Capital Markets, LLC, serves a diverse client base including individual investors, institutions, pension plans, corporations, and charitable organizations. The firm offers a variety of wrap fee advisory programs and customizes portfolio strategies based on clients’ risk profiles, utilizing both in-house and third-party investment managers.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Jay L

Series 63, Series 65

St. Cloud, MN

RBC Capital Markets

Jay Loch is a financial advisor with RBC Capital Markets and holds Series 63 and Series 65 credentials. He has 30 years of industry experience and has worked at RBC Capital Markets since 2008 and City National Bank since 2019. Outside of his advisory role, he serves on the boards of several local organizations, including the Eden Valley-Watkins Community Foundation, the Paramount Arts District, the Tech Hockey Booster Club, and the St. Cloud Country Club. RBC Wealth Management, a division of RBC Capital Markets, serves a wide range of clients including individual investors, institutions, corporations, and charitable organizations. The firm offers various advisory programs with tailored investment strategies, utilizing both in-house and third-party managers to meet diverse client needs.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Keith L

Series 63, Series 66

St. Cloud, MN

RBC Capital Markets

Keith Laudenbach is a financial advisor with RBC Capital Markets in St. Cloud, MN, holding Series 63 and Series 66 licenses and bringing 34 years of industry experience. He has been with RBC Capital Markets Corporation since 2008. RBC Wealth Management, a division of RBC Capital Markets, serves a broad client base including individual investors, institutional clients, corporations, and charitable organizations. The firm offers various advisory programs with tailored investment strategies, combining in-house and third-party managers to meet diverse client needs.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Nancy M

Series 63, Series 65

St. Cloud, MN

RBC Capital Markets

Nancy Minkkinen is a financial advisor at RBC Capital Markets with Series 63 and Series 65 licenses and 28 years of industry experience. She has worked at RBC Capital Markets since 2021 and previously held roles at Wells Fargo Clearing and Wells Fargo Advisors LLC. RBC Wealth Management, a division of RBC Capital Markets, serves a diverse client base including individual investors, institutional clients, pension plans, corporations, and charitable organizations. The firm offers multiple advisory programs featuring discretionary and non-discretionary portfolio management, tailored to clients’ risk profiles through a combination of in-house and third-party investment managers.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Carey G

Series 66

St. Cloud, MN

RBC Capital Markets

Carey Groethe is a financial advisor with RBC Capital Markets in St. Cloud, MN, holding a Series 66 designation and 14 years of industry experience. He has worked at RBC Capital Markets since 2007 and is also associated with City National Bank since 2019. Groethe serves on the boards of several nonprofit organizations, including the Central Minnesota Housing Partnership and Central Minnesota Youth for Christ, and volunteers on the 7th District Ethics Committee for the Office of the Director of Lawyers Professional Responsibility. RBC Wealth Management, a division of RBC Capital Markets, offers advisory services to individual and institutional clients, including high-net-worth investors and charitable organizations. The firm provides tailored investment programs featuring discretionary and non-discretionary portfolio management, financial planning, and custody services, supported by a range of in-house and third-party investment managers.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Micah B

Series 66

St. Cloud, MN

RBC Capital Markets

Micah Barrett is a financial advisor with RBC Capital Markets in St. Cloud, MN, holding a Series 66 designation and 13 years of industry experience. He has been with RBC Capital Markets since 2010. Outside of his advisory role, Barrett serves as president of the Trout Unlimited Mid-MN Chapter and is a board member of the St. Cloud Symphony Orchestra. RBC Wealth Management, a division of RBC Capital Markets, serves a diverse client base including individual investors, institutions, and charitable organizations. The firm offers tailored investment strategies using a combination of in-house and third-party managers, providing a range of advisory programs and portfolio management services.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Peter A

Series 63, Series 66

St. Cloud, MN

RBC Capital Markets

Peter Alexander is a financial advisor with RBC Capital Markets in St. Cloud, MN, holding Series 63 and Series 66 credentials and bringing 40 years of industry experience. He has been with RBC Capital Markets LLC since 2008. RBC Wealth Management, a division of RBC Capital Markets, serves a diverse client base including individual investors, institutional clients, pension and profit-sharing plans, corporations, and charitable organizations. The firm offers various advisory programs with tailored investment strategies implemented through a combination of in-house and third-party managers and provides discretionary and non-discretionary portfolio management, financial planning, custody, and brokerage services.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Jacob K

Series 66

St. Cloud, MN

RBC Capital Markets

Jacob Krippner is a financial advisor with RBC Capital Markets in St. Cloud, MN, holding a Series 66 designation and six years of industry experience. He has worked at RBC Capital Markets since 2018 and previously at CliftonLarsonAllen. Outside of his advisory role, Krippner serves as a committee member for the Ellison Center, providing input on financial statements and reporting, and has recently joined the Board of Directors for Big Brothers Big Sisters of Central Minnesota. RBC Wealth Management, a division of RBC Capital Markets, serves a diverse client base including individual investors, institutions, and charitable organizations. The firm offers various wrap fee advisory programs with tailored investment strategies implemented through a blend of in-house and third-party managers, supported by RBC’s capital markets capabilities and affiliated asset managers.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Sydney P

Series 66

St. Cloud, MN

RBC Capital Markets

Sydney Partch is a financial advisor at RBC Capital Markets with six years of industry experience. Prior to joining RBC in 2020, Sydney worked at Sherburne State Bank and Edward Jones and held roles outside finance, including at Red Bull North America and Boondox Bar and Grill. Sydney is also involved with the St Cloud Figure Skating Club, assisting with a learn-to-skate program. RBC Wealth Management, a division of RBC Capital Markets, serves a diverse client base including individual and institutional investors, offering a range of advisory programs with discretionary and non-discretionary portfolio management, financial planning, and brokerage services tailored to client risk profiles.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Brian Z

Series 66

St. Cloud, MN

RBC Capital Markets

Brian Zimny is a Series 66-licensed financial advisor with RBC Capital Markets in St. Cloud, MN, where he has worked since 2009. He has 21 years of industry experience. Outside of his advisory role, he serves as a committee member for the Boys and Girls Club of Central Minnesota and holds the position of secretary for Val Halla Villa, Inc., a homeowners association. RBC Wealth Management serves a broad client base including individual investors, institutional clients, pension plans, corporations, and charitable organizations. The firm offers multiple advisory programs combining in-house and third-party investment management, tailored to clients’ risk profiles and preferences.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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Alexander C

Series 66

St. Cloud, MN

RBC Capital Markets

Alexander Coulter is a financial advisor at RBC Capital Markets in St. Cloud, MN, with 12 years of industry experience. He holds the Series 66 designation and has worked at RBC Capital Markets since 2018, following prior experience at Schluchter Investment Advisors from 2013 to 2018. RBC Wealth Management, a division of RBC Capital Markets, serves a diverse client base including individual investors, institutions, pension plans, corporations, and charitable organizations. The firm offers a variety of advisory programs with tailored investment strategies, combining in-house and third-party managers, and provides comprehensive portfolio management, financial planning, custody, and brokerage services.

Tax-loss harvesting ESG / Sustainable investing Private / alternative investments Concentrated stock management Wealth management Executive Founder/Business Owner Retired Financial Professional Approaching retirement HENRY (High Earners, Not Rich Yet)
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