Global InformationDain Rauscher Wessels information
 | |
| Company type | Acquired |
|---|---|
| Industry | Investment bank, Brokerage |
| Predecessor |
|
| Founded | 1998 |
| Fate | Acquired by Royal Bank of Canada |
| Successor | RBC Dain Rauscher (2000-2008), RBC Wealth Management (2008 - present) |
| Headquarters | Minneapolis, Minnesota |
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.