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RBC Wealth Management invests in new alternative investments strategy with key hire

T.RY

PR Newswire

Bryan Mullin to lead alternatives platform, bringing institutional knowledge to retail clients

MINNEAPOLIS, Nov. 1, 2016 /PRNewswire/ - RBC Wealth Management-U.S. announced today that Bryan Mullin has joined the firm as head of its alternative investment platform.

Mullin most recently served as principal and director of alternatives research at Slocum Inc., a Minneapolis-based advisory firm that specializes in serving institutional investors.

"As many of the products and services within the wealth management industry have become increasingly commoditized, offering clients differentiated advice and personalized solutions is critical," said Michael Armstrong, CEO of RBC Wealth Management-U.S. "With Bryan Mullin at the head of our alternatives platform, we will provide our private wealth clients with access to the discipline and sophistication of institutional alternatives investing."

In addition to alternatives, Mullin has deep experience in accounting, general management, and commodities markets. Over the course of his career, he's conducted research on private equity managers, private debt managers, funds of funds, real asset funds and commodities. He traded commodity derivatives with a wholly-owned subsidiary of Archer Daniels Midland and a registered Commodity Trading Advisor (CTA). He was also Series 3 licensed with the Commodity Futures Trading Commission (CFTC).

Also joining the firm as an analyst is Leif Gunderson, who most recently served as a senior research associate at Slocum Inc., where he, too, focused on alternative investments including private equity, real assets and hedge fund strategies. Gunderson will report directly to Mullin.

"We are very excited to join RBC Wealth Management and continue to build on the relationships we've developed and the expertise gained over the past decade," Mullin said.

Mullin earned his bachelor's degree in economics at the University of Minnesota, and completed his M.B.A. with a concentration in finance at the Carlson School of Management, University of Minnesota. Bryan is also a Chartered Financial Analyst (CFA) charterholder, a member of the CFA Institute, as well as the CFA Society of Minnesota.

Gunderson earned his bachelor's degree in finance and economics from the University of Wisconsin-La Crosse, and completed his M.B.A. at The University of Chicago—Booth School of Business. He is a CFA and Chartered Alternative Investment Analyst (CAIA) charterholder and member of both the CFA Institute and CAIA Association.

"We are pleased to welcome both Bryan and Leif to our firm," said Tom Sagissor, president of RBC Wealth Management-U.S. "The work they do will greatly enhance the experience of the high net worth and ultra-high net worth clients that we specialize in serving."

About RBC Wealth Management-U.S.
In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Capital Markets, LLC. is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges. RBC Wealth Management has $284 billion in total client assets with 1,800 financial advisors operating in 200 locations in 41 states. For more information about RBC Wealth Management-U.S., visit http://www.rbcwealthmanagement.com/

SOURCE RBC Wealth Management - U.S.

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