Merrill Lynch, Pierce, Fenner & Smith
47yrs
Top advisor by experience in Wayzata
5yrs
Alex Hoffman
Financial advisor at RBC Capital Markets
Based in Wayzata, Minnesota, Alex Hoffman is a fiduciary financial advisor with 5 years of industry experience. Alex has been with RBC Capital Markets since 2022; before that, Alex spent a year at Thrivent Investment Management. RBC Capital Markets offers financial planning, investment management, and private fund management and is paid through a percentage of assets and flat fees.
One of 467 advisors with offices in Wayzata, and one of 436 fiduciaries.
At a glance
Experience5 years (since 2021)
How that compares ?5 years in the industry
Office641 Lake St. E. Suite 230, Wayzata, MN 55391
How the firm is paid ?Percent of assets, Flat fee
Typical client at the firm ?$1.02 million
Advisors at the firm3,840
States licensed ?1 state
Services through RBC Capital Markets
Financial planningInvestment management for individuals and small businessesManaging private fundsInvestment management for businesses and institutionsRetirement plan consultingChoosing other investment managersEducational seminars and workshopsOther services
Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.
Licenses
Exams passed, from the official record. Tap a license to see what it allows.
Series 66Uniform Combined State Law Examination
Career
- 2022 – nowRBC Capital Markets, LLCCurrent firm
- Apr 2021 – Aug 2022Thrivent Investment Management Inc.Previously
Questions to ask Alex
Tailored to Alex’s registration and firm.
- At a firm this size, will I work with you directly or with a service team?
- What does a financial plan with you include, and how often is it updated?
- If you use outside managers, how are they chosen and what do they cost on top of your fee?
- Where would my money be held, and will I get statements directly from that firm?
- What would I pay in total each year, in dollars, including fund and trading costs?
My notes and scorecard
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About Alex
How do I contact Alex?
Call RBC Capital Markets at 212-858-7000 and ask for Alex Hoffman. Alex works from the Wayzata, MN office.
How long has Alex been a financial advisor?
Alex has been in the industry since 2021, about 5 years. 5 years in the industry.
What licenses does Alex hold?
Series 66. Tap any license on this page to see what it allows.
Is Alex a fiduciary?
Alex is registered as an investment advisor representative, which carries a fiduciary duty when giving investment advice.
How is Alex paid?
RBC Capital Markets reports being paid by a percentage of the assets they manage, flat or fixed fees. Ask Alex for your total yearly cost in dollars.
Official record as of October 3, 2026.
This profile is for information only and is not financial advice or a recommendation.
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