RBC Dain Rauscher, Corp. announced today it has completed the acquisition of JB Hanauer & Co, Parsippany, New Jersey.

“We are very pleased to welcome a firm that so closely mirrors our strategic approach and our culture,” said RBC Dain Rauscher CEO John Taft, in a news release.

“We have not only added talented employees and excellent customers, but we have expanded our presence in key markets within New Jersey, Pennsylvania and Florida.”

RBC Dain Rauscher , a wholly owned subsidiary of Royal Bank of Canada is one of the largest full-service securities firms in the United States.