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Timothy Ernste

19 Years of Experience
Rochester, MN
Broker

Timothy Ernste is a registered investment advisor at RBC Capital Markets, LLC, based in Rochester, MN, with 19 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Investment Management, Retirement Planning. Their firm serves 283,910 clients with $310B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3777 advisors
IM Fee
Planning only
Assets Under Management
$310.4B

Fee Structure

RBC Financial Planning services are offered for a one-time fee, providing a personalized analysis and written advice to help you assess your financial situation and your ability to pursue specific financial goals. Fees are negotiated within a range of $1,000 to $20,000, but in certain cases a fee higher than $20,000 may be negotiated.

One-Time Plan:$1,000 - $20,000
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Location

2064 Superior Dr. Nw, Rochester, MN, 55901-5024

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History

Regulatory History
Clean regulatory record

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

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Timothy owns rental real estate, farmland, and hunting land. He also serves on committees for Trinity Lutheran Church and Rochester Central Lutheran School, dedicating minimal time to each activity.

Employment History
Current Registrations
RBC Capital Markets, LLC
August 2018 - Present · 8 yrs 1 mo
RBC Capital Markets, LLC
August 2018 - Present · 8 yrs 1 mo
RBC Capital Markets, LLCBroker
August 2018 - Present · 8 yrs 1 mo
Previous Registrations
Raymond James Financial Services Advisors, INC
January 2015 - August 2018 · 3 yrs 7 mos
Raymond James Financial Services, INC.Broker
January 2015 - August 2018 · 3 yrs 7 mos
LPL Financial LLC
February 2013 - January 2015 · 1 yr 11 mos
LPL Financial LLCBroker
February 2013 - January 2015 · 1 yr 11 mos
Wells Fargo Advisors, LLC
January 2011 - February 2013 · 2 yrs 1 mo
Wells Fargo Advisors, LLCBroker
January 2011 - February 2013 · 2 yrs 1 mo
Wells Fargo Investments, LLC
July 2006 - January 2011 · 4 yrs 6 mos
Wells Fargo Investments, LLCBroker
July 2006 - January 2011 · 4 yrs 6 mos
State Registrations25 states
ALAZCACOFLGAIAIDILKSKYMAMNMSNCNDNVNYORSDTNTXWAWIWY
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.