|Occupation||Head of U.S. division RBC Wealth Management and Chair-Elect SIFMA|
|Employer||RBC Wealth Management, SIFMA|
John Taft is head of the U.S. division of RBC Wealth Management. He is also chair-elect of the Securities Industry and Financial Markets Association (SIFMA) for 2010. Taft continues to lead RBC's U.S. wealth management business while assuming his senior role with SIFMA.
For a year, Taft was the chair of SIFMA's private client group steering committee where he worked to advocate reform of the U.S. financial regulatory system, playing a role in lobbying for a new harmonized federal fiduciary standard of care, expertise and advice for U.S. broker-dealers and investment advisors.
Taft also testified before the U.S. House of Representatives Committee on Financial Services on behalf of SIFMA about the importance of creating a new, federal fiduciary standard for broker-dealers and investment advisers who provide personalized investment advice to individual investors. The proposed uniform set of federal fiduciary regulatory standards is designed to strengthen safeguards for investors and preserve investor choice.
Previous directorships include The Vintage Funds, Northwest Area Foundation, Dougherty Summit Securities, Dougherty Financial Group, Breck School, The Clifton Group, Segall, Bryant & Hamill, Minnesota Public Radio, Saint Paul Chamber Orchestra, Twin Cities Public Television, Illusion Theatre, and the Actors Theatre of Saint Paul. He has also worked as a journalist and has been published in The New York Times, National Journal, Parade Magazine, The New Republic, and The Real Paper.
Taft holds a B.A. from Yale University and a Master’s Degree in Public and Private Management from the Yale School of Organization and Management.