Chair Bio

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RBC Wealth Management
Chair, 2016-2017

Melanie Folstad is a Senior Vice President – Financial Advisor with RBC Wealth Management.  She brings 20 years of financial services experience to each relationship, including experience as a financial advisor at Merrill Lynch and a decade working in wealth management and institutional consulting at TIAA-CREF. Today, Melanie applies her understanding of retirement planning to create a strategy that makes sense, is flexible and helps clients achieve their financial goals.

As a financial advisor, Melanie focuses on guiding investors from their careers through their retirement years. She believes clients deserve personalized planning, ongoing support and prudent strategies, so she dedicates significant time and resources to understanding clients as individuals and investors. Melanie works not just to help clients achieve long term goals- but also maintain liquidity to support their current lifestyles. Additionally, she begins each relationship with a cash-flow analysis designed to align clients' liabilities and spending habits with their long term objectives. From her perspective, this multi-faceted approach helps clients feel prepared and protected for changes in their lives or the markets.

Committed to ongoing improvement and education, Melanie has earned the Chartered Retirement Planning Counselor® and is a CFP®, a designation awarded by the Certified Financial Planner Board of Standards, Inc. She holds a bachelor's degree from the University of Maryland and an MBA from The George Washington University.

Away from the office, Melanie is a dedicated member of her local community. She has served as President of her neighborhood association as well as on the finance committee & Vestry of her church (St. John’s Norwood). She is Co-Chair (with her husband) of the Centennial Campaign for Lutheran Social Services of the National Capital Area, serves as a board member for Graceful Growing Together and The Bethesda Chevy Chase High School Educational Foundation. Melanie and her husband, Rick, live in Chevy Chase, MD.  They have three children – Nick (22), Keenan (20) and Nora (19) and a new black lab puppy, Addie.