RBC Wealth Management, formerly known as RBC Dain Rauscher, is a division of RBC Capital Markets Corporation. Founded in 1909, RBC Capital Markets Corporation is a publicly traded company that provides a variety of cash management and asset securitization services for individuals and businesses. The company is one of the largest, full-service securities firms in the United States. It employs more than 2,000 financial consultants, as well as operates over 200 branch offices nationwide. The company manages nearly 800,000 accounts and serves approximately 360,000 households, individual investors and businesses throughout the U.S. It specializes in the fields of public finance, equity, capital market, and fixed-income sales and trading. RBC Capital Markets Corporation is a wholly owned subsidiary of Royal Bank of Canada, which offers personal and commercial banking solutions, as well as provides wealth management services.