One of the senior managers at RBC Wealth Management in the US has been promoted.

RBC Wealth Management has named Tom Schulenberg as director of the Minneapolis complex. He will be have responsibility for four branches and more than 100 financial advisors and is taking over for Wally Chapman, who was recently promoted to director of the central division.

Schulenberg has 23 years of industry experience and joined RBC Wealth Management in 2005 as director of the Wayzata branch. Last year Schulenberg was named director of RBC Wealth Management’s Edina office when Chapman left that role to become the Minneapolis complex director.

In his new role, Schulenberg will oversee the Minneapolis, Edina, Wayzata and Minnetonka offices. He graduated from the University of Minnesota's College of Liberal Arts and Law School. In 1990 he passed the Minnesota Bar.

To see another recent senior hire at RBC Wealth Management, click here.

In the US, RBC Wealth Management operates as a division of RBC Capital Markets and has a total of $284 billion of client assets in 40 states.