Patrick S. Severo
RBC CAPITAL MARKETS | Financial Advisor - Managing Director
Beverly Hills, CA 90212-2351
Some features on this profile are disabled
CRD#: 1550957
Professional summary
Patrick Scott Severo, CIMA® is a registered financial advisor currently at RBC CAPITAL MARKETS, LLC located in Beverly Hills, California.
Patrick is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1986. Patrick has worked at 3 firms and has passed the Series 65, Series 63, SIE, Series 31 and Series 7 exams.
Biography
Pat has been a financial advisor since 1985. He began his career with Merrill Lynch and was there for 15 years prior to joining RBC Wealth Management in 2001.
He graduated from Virginia Tech in 1983 with a Bachelor of Science degree. Pat has passed his Series 7, 63 and 65 exams. He also holds a license in life and disability insurance, and fixed and variable annuities. In the spring of 2000, Pat completed the CIMA® (Certified Investment Management Analyst) designation that is offered only through the prestigious Wharton Business School at the University of Pennsylvania. He also obtained the Accredited Investment Fiduciary® designation with the Center for Fiduciary Studies. Pat holds the firm’s internal Accredited Wealth Manager (AWM) designation, which focuses on the areas of estate and trust planning, insurance solutions and advanced investment strategies.
Pat was recognized by Barron’s Top 1,200 Advisors in the country for eight consecutive years. In 2020, Pat was named a Forbes/SHOOK Best-In-State Wealth Advisor. He is also a Chairman’s Council member, which is one of the most prestigious honors one can be bestowed at RBC Wealth Management.
Question & Answer
What are your service offerings?
Trading individual securities
Insurance
Financial planning
Loans/credit services
Institutional consulting
Trust & estate planning
Retirement planning
What is your current number of clients?
Greater than 100
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
(1) NAME OF BUSINESS: CAPTON INC.; ADDRESS OF BUSINESS: SAN FRANCISCO, CA; NATURE OF BUSINESS: LIQUOR CAP DISPENSER; START DATE: 01/17/07; END DATE: 01/13/22; POSITION, TITLE OR RELATIONSHIP OF BUSINESS: OWNER-PASSIVE; APPROXIMATE NUMBER OF HOURS PER MONTH: NONE; NUMBER OF HOURS DEVOTED TO BUSINESS DURING TRADING HOURS: 0; DUTIES: NONE. (2) QUINCO LLC; ADDRESS: 1426 MANHATTAN BEACH, CA 90266; NOT INVESTMENT RELATED; BUSINESS DESCRIPTION: FOUR UNIT RENTAL APARTMENT; CAPACITY: OWNER-PASSIVE; START DATE: 6/1/2002; DUTIES: NONE; HOURS DEVOTED PER MONTH: 0; HOURS DEVOTED DURING SECURITIES HOURS PER MONTH: 0. (3) BONNIE BRAE STREET LLC.; ADDRESS: 1546 BONNIE BRAE, HERMOSA BEACH, CA 90254, NOT INVESTMENT RELATED; BUSINESS DESCRIPTION: RENTAL PROPERTY; CAPACITY: OWNER-PASSIVE; START DATE: 10/6/2004; DUTIES: NONE-IT IS A PASSIVE INVESTMENT; HOURS DEVOTED PER MONTH: 0; HOURS DEVOTED DURING SECURITIES HOURS PER MONTH: 0. (4) RENTAL PROPERTY; ADDRESS: 637 MANHATTAN BEACH BLVD, MANHATTAN BEACH, CA 90266; NOT INVESTMENT RELATED; BUSINESS DESCRIPTION: RENTAL PROPERTY; CAPACITY; OWNER-PASSIVE; START DATE: 1/1/2010; DUTIES: NONE; HOURS DEVOTED PER MONTH: 0; HOURS DEVOTED DURING SECURITIES HOURS PER MONTH: 0. (5) RENTAL PROPERTY; ADDRESS: TAMARACK IDAHO; NOT INVESTMENT RELATED; BUSINESS DESCRIPTION: SECOND HOME/RENTAL PROPERTY; CAPACITY: OWNER-ACTIVE; START DATE: 1/1/2013; DUTIES: NONE; HOURS DEVOTED PER MONTH: 0; HOURS DEVOTED DURING SECURITIES HOURS PER MONTH: 0. (6) HERITAGE VALLEY BUSINESS PARK LLC.; ADDRESS: 18 ONTARE HILLS LANE, SANTA BARBARA, CA 93105; NOT INVESTMENT RELATED; BUSINESS DESCRIPTION: INVESTMENT LLC.-DEVELOPMENT PROPERTY; CAPACITY: OWNER-PASSIVE; START DATE: 3/1/2005; DUTIES: NONE; HOURS DEVOTED PER MONTH: 0; HOURS DEVOTED DURING SECURITIES HOURS PER MONTH: 0.
CRS (Client Relationship Summary) - RIA
Click below to view Patrick Scott Severo's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Patrick Scott Severo's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
Experience
Current
May 28, 2002 - Present
RBC CAPITAL MARKETS, LLC
Office #1: 9465 Wilshire Boulevard Suite 700, Beverly Hills, CA 90212-2351Office #2: 2361 Rosecrans Ave Suite 460, El Segundo, CA 90245-7910RIA
BD
CRD#: 31194
Beverly Hills, CA
Current
March 9, 2002 - Present
RBC CAPITAL MARKETS, LLC
Office #1: 9465 Wilshire Boulevard Suite 700, Beverly Hills, CA 90212-2351Office #2: 2361 Rosecrans Ave Suite 460, El Segundo, CA 90245-7910RIA
BD
CRD#: 31194
Beverly Hills, CA
Past
January 17, 2001 - March 9, 2002
SUTRO & CO. INCORPORATED
BD
CRD#: 801
SAN FRANCISCO, CA
Past
September 29, 1986 - January 18, 2001
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
BD
CRD#: 7691
NEW YORK, NY
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
RC
RBC CAPITAL MARKETS, LLC
DAIN RAUSCHER INC | REGIONAL OPERATIONS GROUP, INC. | RBC WEALTH MANAGEMENT | RBC DAIN RAUSCHER INC. | RBC DAIN RAUSCHER | RBC CORRESPONDENT SERVICES | RBC CLEARING AND CUSTODY | RBC CAPITAL MARKETS, LLC | RBC CAPITAL MARKETS CORPORATION | RBC ADVISOR SERVICES | INTERRA CLEARING SERVICES, INC. | DAIN RAUSCHER INCORPORATED
CRD#: 31194 / SEC#: 801-13059, 8-45411
RIA
Registered Investment Advisory firm - SEC (6/2/1977 Approved)BD
Broker-Dealer Firm Regulated by FINRA (New York district office)
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(3/9/2002)
RR
California(3/9/2002)
IAR
California(5/28/2002)
RR
Colorado(3/9/2002)
RR
Connecticut(1/18/2007)
RR
Delaware(8/18/2009)
RR
District of Columbia(6/9/2017)
RR
Florida(3/9/2002)
RR
Georgia(4/16/2009)
RR
Hawaii(9/28/2010)
RR
Idaho(12/1/2006)
RR
Illinois(3/9/2002)
RR
Indiana(11/28/2008)
RR
Iowa(1/5/2021)
RR
Kentucky(11/19/2024)
RR
Louisiana(1/23/2012)
RR
Maine(6/14/2021)
RR
Massachusetts(3/9/2002)
RR
Michigan(7/11/2002)
RR
Missouri(3/27/2008)
RR
Montana(3/9/2002)
IAR
Montana(10/12/2005)
RR
Nevada(3/9/2002)
RR
New Hampshire(7/7/2017)
RR
New Jersey(3/9/2002)
RR
New Mexico(3/9/2002)
RR
New York(3/9/2002)
RR
North Carolina(12/6/2012)
RR
Ohio(8/10/2022)
RR
Oregon(3/9/2002)
RR
Pennsylvania(3/9/2002)
RR
South Carolina(9/16/2021)
RR
Tennessee(1/26/2009)
RR
Texas(3/9/2002)
IAR
Texas(2/19/2010)
RR
Utah(9/29/2009)
RR
Vermont(5/28/2024)
RR
Virginia(3/9/2002)
RR
Washington(3/9/2002)
RR
Wisconsin(3/9/2002)
RR
Wyoming(2/21/2020)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
BOX Exchange LLC
SRO Registrations
RR
Cboe BYX Exchange, Inc.
SRO Registrations
RR
Cboe BZX Exchange, Inc.
SRO Registrations
RR
Cboe C2 Exchange, Inc.
SRO Registrations
RR
Cboe EDGA Exchange, Inc.
SRO Registrations
RR
Cboe EDGX Exchange, Inc.
SRO Registrations
RR
Cboe Exchange, Inc.
SRO Registrations
RR
FINRA
SRO Registrations
RR
Investors' Exchange LLC
SRO Registrations
RR
Long-Term Stock Exchange, Inc.
SRO Registrations
RR
MEMX LLC
SRO Registrations
RR
MIAX PEARL, LLC
SRO Registrations
RR
NYSE American LLC
SRO Registrations
RR
NYSE Arca, Inc.
SRO Registrations
RR
NYSE National, Inc.
SRO Registrations
RR
NYSE Texas, Inc.
SRO Registrations
RR
Nasdaq BX, Inc.
SRO Registrations
RR
Nasdaq GEMX, LLC
SRO Registrations
RR
Nasdaq ISE, LLC
SRO Registrations
RR
Nasdaq PHLX LLC
SRO Registrations
RR
Nasdaq Stock Market
SRO Registrations
RR
New York Stock Exchange
Current Firm
RC
RBC CAPITAL MARKETS, LLC
DAIN RAUSCHER INC | REGIONAL OPERATIONS GROUP, INC. | RBC WEALTH MANAGEMENT | RBC DAIN RAUSCHER INC. | RBC DAIN RAUSCHER | RBC CORRESPONDENT SERVICES | RBC CLEARING AND CUSTODY | RBC CAPITAL MARKETS, LLC | RBC CAPITAL MARKETS CORPORATION | RBC ADVISOR SERVICES | INTERRA CLEARING SERVICES, INC. | DAIN RAUSCHER INCORPORATED
CRD#: 31194 / SEC#: 801-13059, 8-45411
RIA
Registered Investment Advisory firm - SEC (6/2/1977 Approved)BD
Broker-Dealer Firm Regulated by FINRA (New York district office)
Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.
Contact information
Main Address
200 Vesey St., New York, NY 10281
Mailing Address
250 Nicollet Mall Suite 1600, Minneapolis, MN 55401
Phone number
(612) 371-2811
Established
Minnesota since 11/01/2010
Firm type
Limited Liability Company
Fiscal year end
October
Firm Size
Large
# of Employees
8,476
SEC notice filing (52 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| RBC USA HOLDCO CORPORATION | DIRECT OWNER | |
| CARLESIMO, PAUL ADAM | CHIEF COMPLIANCE OFFICER, RBC CAPITAL MARKETS - U.S. | 4718504 |
| ESPENAK, KRISTEN ELIZABETH | CHIEF RISK OFFICER, USA | 5570750 |
| GIEGERICH, ROBERT ARTHUR | PRINCIPAL FINANCIAL OFFICER | 5736294 |
| GLASSMAN, DORJE TSERING | CO-HEAD OF U.S. CAPITAL MARKETS LAW GROUP | 6568226 |
| LISCHIN, MATTHEW CODY | CO-HEAD OF U.S. CAPITAL MARKETS LAW GROUP | 4974723 |
| O'CONNOR, SEAN WALTER | CHIEF COMPLIANCE OFFICER, RBC WEALTH MANAGEMENT - U.S. | 6578918 |
| PENN, JOHN CHRISTOPHER | GENERAL COUNSEL | 5135403 |
| SAGISSOR, THOMAS STEVEN | PRESIDENT OF RBC WEALTH MANAGEMENT | 2429425 |
| SCHREINER, CINDY LOUISE | US WEALTH MANAGEMENT PRINCIPAL OPERATIONS OFFICER | 1470050 |
| SPERDUTO, VITO ANTONIO | DIRECTOR, CEO OF U.S. CAPITAL MARKETS & CHAIRMAN OF THE BOARD | 2524961 |
| THORNE, BRETT LANE | PRESIDENT, RBC CLEARING & CUSTODY | 2523268 |
| THURLOW, JOHN J | CHIEF OPERATING OFFICER | 5726613 |
Regulatory assets under management
| Total Number of Accounts | 477,674 |
| AUM (Assets Under Management) | $ 259,962,335,074 |
Disclosures
| Regulatory Event | 364 |
| Civil Event | 3 |
| Arbitration | 114 |
| Bond | 7 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/28/2025 | ||
| 08/27/2024 | ||
| 09/14/2023 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
Company Information
RBC CAPITAL MARKETS, LLC
Financial Advisor - Managing DirectorCRD#: 31194Beverly Hills, CA 90212-2351TRUST BUT VERIFY
Monitor Patrick Severo
Get automatic monthly alerts on:Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates
Contact information
(xxx) xxx-xxxx
xxxxx@xxxx.xxx
