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RBC Dain Rauscher
Dain Rauscher Wessels was a brokerage and investment banking firm based in Minneapolis, Minnesota. The firm traced its origins to a number of smaller regional securities firms founded in the 1920s and 1930s. In 2000, Dain Rauscher Wessels was acquired by Royal Bank of Canada and operated as a subsidiary under the name ''RBC Dain Rauscher''. In 2008, RBC ended the usage of the Dain Rauscher brand. It is now known as RBC Wealth Management. The company Dain Rauscher Wessels was one of the nation's largest full-service securities firms with 1,300 private client and institutional investment executives, 3,600 employees and 1998 revenues of more than $740 million. The company serviced individual retail investors primarily in the western U.S., and capital markets and correspondent clients in select markets throughout the nation. The company's broker-dealer was a member of the New York Stock Exchange and other major securities exchanges, as well as the Securities Investor Protection Cor ...
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RBC Dain Rauscher
Dain Rauscher Wessels was a brokerage and investment banking firm based in Minneapolis, Minnesota. The firm traced its origins to a number of smaller regional securities firms founded in the 1920s and 1930s. In 2000, Dain Rauscher Wessels was acquired by Royal Bank of Canada and operated as a subsidiary under the name ''RBC Dain Rauscher''. In 2008, RBC ended the usage of the Dain Rauscher brand. It is now known as RBC Wealth Management. The company Dain Rauscher Wessels was one of the nation's largest full-service securities firms with 1,300 private client and institutional investment executives, 3,600 employees and 1998 revenues of more than $740 million. The company serviced individual retail investors primarily in the western U.S., and capital markets and correspondent clients in select markets throughout the nation. The company's broker-dealer was a member of the New York Stock Exchange and other major securities exchanges, as well as the Securities Investor Protection Cor ...
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Rand Tower
Rand Tower Hotel is a 26-story tower block, high rise hotel in Minneapolis, Minnesota, Minneapolis, Minnesota, United States. It was one of the city's tallest structures when it was completed as an office building in 1929. It was converted to a hotel in 2020. History The Rand Tower Hotel was designed by Holabird & Roche, Holabird & Root for Rufus R. Rand, a World War I aviator who was part of the family that owned the Minneapolis Gas Company (Minnegasco), now part of CenterPoint Energy. Rand had flown in the Lafayette Flying Corps during the war. Much of the building is covered in Art Deco ornamentation that follows an aviation theme and there is a sculpture ''Wings'' in the Lobby (room), lobby by Oskar J. W. Hansen. The original builder was C.F. Haglin & Sons. A skyway was attached to the building in 1969. Rand Tower was added to the National Register of Historic Places in 1994. It was known for a time as the Dain Tower until Dain Rauscher relocated to the Dain Rauscher Plaz ...
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Financial Services Companies Disestablished In 2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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Defunct Companies Based In Minneapolis
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Financial Services Companies Established In 1929
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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Dain Rauscher Plaza
60 South Sixth is a 40-story office tower and retail center located along Nicollet Mall in downtown Minneapolis, Minnesota that served as the U.S. headquarters for RBC Wealth Management until their move to RBC Gateway in 2022. The building was formerly known as Dain Rauscher Plaza for Dain Rauscher Wessels, a regional brokerage and investment banking firm based in Minneapolis. Following the 2000 acquisition of Dain Rauscher Wessels by the Royal Bank of Canada and 2008 end of use of the brand by RBC, the building was named RBC Plaza. It is linked to the downtown core's 64 block skyway system with three separate skyway connections. In 2014, the building was awarded LEED certification at the Gold level by the U.S. Green Building Council. The building was also awarded an Energy Star label in 2014 for its operating efficiency. See also *List of tallest buildings in Minneapolis Minneapolis, the largest city in the U.S. state of Minnesota, is home to 190 completed high-rises, ...
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Sutro & Co
Sutro is a surname. Notable people with the surname include: * (1784–1869), German rabbi in Gelsenkirchen * Adolph Sutro (1830–1898), Mayor of San Francisco * Florence Sutro (1865–1906), musician and painter, sister-in-law of Adolph and Otto Sutro * Otto Sutro (1833–1896), Adolph's brother, a musician of Baltimore * Alfred Sutro (1863–1933), British playwright * Rose and Ottilie Sutro (1870–1957 and 1872–1970), daughters of Otto, one of the first piano duo teams * John Sutro (1903–1985), British film producer * John Sutro (American football) (born 1940) See also * Sutro, Nevada * Sutro Tunnel in Nevada * Sutro District in San Francisco, containing: ** Sutro Baths ** Sutro Heights Park * Mount Sutro in San Francisco ** Sutro Tower on Mount Sutro * Sutro Library, San Francisco branch of the California State Library The California State Library is the state library of the State of California, founded in 1850 by the California State Legislature. The Library coll ...
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Tucker Anthony
Tucker Anthony was an independent investment banking and brokerage firm based in Boston, Massachusetts. In 2001, the firm was acquired by Royal Bank of Canada and was then merged with the bank's Dain Rauscher Wessels subsidiary to create RBC Dain Rauscher. At the time of its acquisition, Tucker Anthony was 14th largest brokerage firm in the U.S. with 990 account executives working from more than 80 offices across the country. The firm had a particular presence in the Northeast and Mid-Atlantic including New York, Massachusetts, Pennsylvania and Virginia as well as a strong presence in California.Royal Bank of Canada Agrees to Acquire Tucker Anthony: Highlights for the Investor Community
RBC Investor Presentation, August 1, 2001


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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Rauscher Pierce Refsnes Logo
Rauscher is a German surname. Notable people with the surname include: * Andreas Rauscher (born 1978), Austrian footballer *Christina Rauscher (1570-1618), German official and critic of witch trials * Elizabeth Rauscher (1937–2019), American physicist * Frank Rauscher III, cancer researcher *Franz Rauscher (1900–1988), Austrian politician *Frederick Rauscher (born 1961), American philosopher *Joseph Othmar von Rauscher (1797–1875), Austrian Prince-Archbishop of Vienna See also *Briggs–Rauscher reaction The Briggs–Rauscher oscillating reaction is one of a small number of known oscillating chemical reactions. It is especially well suited for demonstration purposes because of its visually striking colour changes: the freshly prepared colourless s ... {{surname, Rauscher German-language surnames ...
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Rauscher Pierce Logo
Rauscher is a German surname. Notable people with the surname include: * Andreas Rauscher (born 1978), Austrian footballer *Christina Rauscher (1570-1618), German official and critic of witch trials * Elizabeth Rauscher (1937–2019), American physicist * Frank Rauscher III, cancer researcher *Franz Rauscher (1900–1988), Austrian politician *Frederick Rauscher (born 1961), American philosopher *Joseph Othmar von Rauscher (1797–1875), Austrian Prince-Archbishop of Vienna See also *Briggs–Rauscher reaction The Briggs–Rauscher oscillating reaction is one of a small number of known oscillating chemical reactions. It is especially well suited for demonstration purposes because of its visually striking colour changes: the freshly prepared colourless s ... {{surname, Rauscher German-language surnames ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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