RBC Rochdale Announces New Chief Operating Officer and Division Managing Directors

Russell Launer named Chief Operating Officer: Michael Adair and Ben Ludwig promoted to Division Managing Directors.

NEW YORK— RBC Rochdale is pleased to announce the promotions of Russell Launer, Michael Adair and Ben Ludwig, recognizing their leadership, expertise and contributions to the firm's continued growth.

Russell Launer has been named Chief Operating Officer, expanding his leadership responsibilities while continuing to serve as Head of Portfolio Management. During his 22 years with the firm, Launer has helped guide RBC Rochdale's growth from approximately $1 billion to more than $75 billion in assets under management. His experience across client services, operations, trading and portfolio management has made him a key contributor to the firm's evolution.

Michael Adair and Ben Ludwig have been promoted to Division Managing Directors for the Southeast and Northeast regions, respectively. Through their leadership and dedication to advisors and clients, both have played important roles in supporting the firm's growth and strengthening relationships across their regions.

The firm congratulates Russell, Michael and Ben on their well-deserved promotions and looks forward to their continued contributions in their expanded roles.

About RBC Rochdale

For 40 years, RBC Rochdale has specialized in Intelligently Personalized® portfolio management for high-net worth individuals, families and institutions, and provides clients with service that relates all investment decisions to each client’s personal benchmark. RBC Rochdale, headquartered in Beverly Hills and New York City with offices around the country, currently manages over $75.1 billion in assets (as of 4/30/2026). For more information, visit  www.rbcrochdale.com.