PRESS RELEASE:

RBC Wealth Management Welcomes George Feneis and Paul Granito to New York Metro Office

After Extensive Search, Well-Known New York Area Team Chooses RBC Wealth Management

| From
George Feneis

PARAMUS, N.J., Feb. 22, 2012 (SEND2PRESS NEWSWIRE) -- RBC Wealth Management, one of the nation's largest full-service securities firms, recently welcomed the highly sought after FG Group, consisting of Financial Advisors George Feneis and Paul C. Granito, to the New York metro area, according to Scott Fergang, Paramus Branch Director. The FG Group joins RBC Wealth Management from Morgan Stanley Smith Barney, and has more than $350 million in assets under management and close to $3 million in production.

George Feneis, a Senior Vice President - Financial Advisor has 45 years of industry experience and has spent the past 31 years at Morgan Stanley Smith Barney. "I thought long and hard about my decision to move to RBC Wealth Management and decided to do what was ultimately best for my clients, which was to go to a firm with a relationship-based culture that takes pride in best serving the needs of their clients," said Feneis.

Paul Granito, Senior Vice President - Financial Advisor, brings 14 years industry experience to RBC Wealth Management. "I am excited about the opportunity to work for a smaller-feel firm, that still has the global resources our valued clients have come to expect and deserve," added Granito. "As a team, George and I look forward to bringing our respective expertise and experience to a new firm."

"We're thrilled to welcome a team of the FG Group's stature to RBC Wealth Management," said Fergang. "We are fortunate to continue attracting the best people, with the best businesses, and the best reputations in the Paramus area."

Also joining RBC Wealth Management as part of the FG Group is Serena Montefusco, Senior Registered Client Associate.

About RBC Wealth Management:

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 over $227 billion of assets under administration and nearly 2,000 financial advisors operating in 200 locations in 42 states. Recently RBC Wealth Management was ranked "Highest in Investor Satisfaction with Full Service Brokerage Firms" in the J.D. Power and Associates 2011 Full Service Investor Satisfaction Study(SM) (for more information, visit jdpower.com).

Media Contact: Jonell Lundquist, 612-371-2239.

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REFERENCES: George Feneis, FG Group, Scott Fergang, George Feneis, FG Group, RBC Wealth Management LLC, Paul C. Granito, New Jersey, financial planning, RBC Capital Markets LLC, Royal Bank of Canada, New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, CORRECTION, news, press release from RBC Wealth Management LLC, Feb 22, 2012, Banking and Finance, Business, Taxes and Accounting, Paramus, New Jersey, RBC Wealth Management Welcomes George Feneis and Paul Granito to New York Metro Office