MM
CFP
MM
CFP

Matthew Montalbano

28 Years of Experience
Rockford, IL
Broker

Matthew Montalbano is a CFP-designated registered investment advisor at RBC Capital Markets, LLC, based in Rockford, IL, with 28 years of industry experience. Matthew is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Investment Management, Real Estate Investing, Socially Responsible Investing. Their firm serves 283,910 clients with $310B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3842 advisors
Number of Clients
283,910 clients
Average Client Portfolio
$1.1M average
Assets Under Management
$310.4B

Fee Structure

Minimum Investment:$2.5K
Investment management only (planning not offered)

RBC Capital Markets charges a quarterly asset-based wrap fee that covers investment advisory, brokerage execution, and custody services. The total program fee will not exceed 3.0% annually and is comprised of several components depending on the program selected:

  • Investment Advisor Fee — Determined between you and your investment advisor.
  • Program Sponsor Fee — Paid to RBC Capital Markets, typically ranging from 0.00% to 0.40% of assets under management.
  • Investment Manager Fee — In the Consulting Solutions program or when utilizing specific investment managers, ranging from 0.00% to 0.50% annually.
  • Overlay Manager Fee — When RBC Capital Markets acts as overlay manager, the fee is 0.05%. When Envestnet acts as overlay manager, the fee is 0.10% (which includes tax management and/or responsible investing screens).
  • Model Provider Fee — Ranges from 0.00% to 0.65% annually depending on the model portfolio used.

Fees are assessed quarterly in advance based on the market value of assets in the account, including cash and margin balances. Minimum account sizes generally range from $2,500 to $200,000 for the RBC Unified Portfolio program, and $100,000 to $600,000 for the Consulting Solutions program.

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Location

2215 Perrygreen Way, Suite A, Rockford, IL, 61107-6811

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Other Business Activities

Matthew serves on the Board of Directors for The Workforce Connection, a non-investment related organization. He dedicates minimal time to this role, where he may vote on contracts and budgets.

Employment History
Current Registrations
RBC Capital Markets, LLC
October 2005 - Present · 21 yrs
RBC Capital Markets, LLCBroker
October 2005 - Present · 21 yrs
RBC Capital Markets, LLC
October 2005 - Present · 21 yrs
Previous Registrations
Wachovia Securities, LLCBroker
July 2004 - October 2005 · 1 yr 3 mos
Wachovia Securities, LLC
July 2004 - October 2005 · 1 yr 3 mos
Wachovia Securities, LLC
July 2004 - July 2004 · 0 mos
Robert W. Baird & CO. Incorporated
March 2004 - August 2004 · 5 mos
Robert W. Baird & CO. IncorporatedBroker
April 1998 - August 2004 · 6 yrs 4 mos
State Registrations30 states
ARAZCACOCTDEFLGAIAILINKSKYMDMIMNMONCNHNYOHOKPARITNTXVAVTWAWI
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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