Dain Rauscher Wessels

Dain Rauscher Wessels
Company type	Acquired
Industry	Investment bank, Brokerage
Predecessor	J.M. Dain & Co. (1929); Dain, Kalman & Quail, Inc. (1967); Dain Bosworth (1979); Dain Rauscher (1997);
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.

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