RBC Wealth Management
RBC Expands Omaha Branch With String Of Morgan Stanley Hires
10 January 2013
Canada’s RBC Wealth Management has strengthened its Omaha, NE, office, appointing five financial advisors and three client associates from Morgan Stanley in a move which adds $758 million in assets under management. Joining the Omaha branch as financial advisors are: Jason Judge, first vice president; Matt Rose, vice president; Ken Ferrarini, senior vice president; Steve Ferrarini, associate vice president; and Scott Leinen, first vice president . Meanwhile, Laura Kolasky, Barbara Essi and Kelly Blankenship start as senior client associates.
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What Drives Global Migration Among Millionaires - New Study
11 December 2012
Quality of life, family needs and business interests are the main considerations for millionaires who left their birth country in search of success, findings from a new report show.
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North America Executive Moves - November 2012
4 December 2012
Prospera Financial Services, an independent broker-dealer, brought in two advisors in Westchester, PA, and Plymouth, MA, adding over $56 million in assets under management. Tom Ambrose of Ambrose Wealth Management has over 32 years of experience and was formerly with Ameriprise . Meanwhile, Hilary O’Malley - latterly of Wells Fargo Advisors - joins Plymouth Rock Financial Partners and has been advising clients for over 19 years.
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RBC Wealth Management's Net Income Rises Sharply
30 November 2012
Net income at Royal Bank of Canada's wealth management business rose from C$156 million (about $157.1 million) in the third quarter to C$207 million at the end of October - up 16 per cent year-on-year and 33 per cent on the prior quarter.
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Industry Luminaries Stare Into Wealth Management's Crystal Ball
23 November 2012
Wealth management industry figures agree that, whatever shape it does take, the sector will look very different by the end of this decade and that it will hopefully be more transparent, while much of the growth will be in Asia and outside more established markets. And they also caution about the limits of the internet – the days of old fashioned human contact are not done yet . At a Breakfast Briefing event this week in London, organized by ClearView Financial Media – publisher of this and other websites – and supported by the World Gold Council, panellists addressed the theme: 2020 Vision: Developing A Future-Proof Wealth Management Proposition.
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RBC Recruits Ex-Morgan Stanley Advisor In Washington
16 November 2012
Canada's RBC Wealth Management has appointed Ayesha Yasin as an advisor in Washington, DC, this publication can confirm. A spokesperson told Family Wealth Report that Yasin joined from Morgan Stanley Wealth Management, with $116 million in assets under management and $972,000 in production . In other recent moves, last week Harold Langer of the Langer O’Neill Investment group was hired as a senior vice president and financial advisor at the Tucson, AZ, office.
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RBC Wealth Management Makes Senior Hire In Arizona
9 November 2012
RBC Wealth Management has appointed Harold Langer of the Langer O’Neill Investment group as a senior vice president and financial advisor at the Tucson, AZ, office, according to branch director Richard Schaefer. Langer - latterly a senior vice president at Merrill Lynch - has 30 years of industry experience and $180 million in assets under administration, with production of $1 . 2 million.
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RBC Wealth Management Adds To Miami Team - Report
7 November 2012
RBC Wealth Management International, a division serving high net worth clients in Latin America, the Caribbean and the US, has hired Nicolas Seigal as branch director in Miami, OnWallStreet reports. Seigal was formerly associate director of Merrill Lynch’s Miami complex and has been in the industry 18 years, having also worked in Uruguay with Merrill Lynch and BankBoston . At RBC, he takes on responsibility for 13 advisors in the Miami office and a further eight in New York until a branch manager can be found for that office, the report says.
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Summary Of Executive Moves In North American Wealth Industry - October 2012
6 November 2012
Deutsche Bank appointed senior manager Jacques Brand as its chief executive for North America, joining the Frankfurt-listed bank’s group executive committee. He took over from Seth Waugh, who as announced in February this year is stepping down after a decade in the post . Brand joined Germany’s largest bank in 1999 in New York.
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RBC Wealth Management Hires Former Merrill Advisor Teams In Kansas
29 October 2012
Canada’s RBC Wealth Management has brought in two advisor teams from Merrill Lynch Wealth Management at its Leawood, KS, branch, according to complex director Mark Borcherding. Financial advisors Todd Haynes and Thomas Woodward represent the Haynes & Woodward Investment group, while Scott Holder and Jason Carter form part of the Holder/Carter group . The Haynes & Woodward Investment group, with $130 million in assets under management, has over 20 years of combined experience, and the Holder/Carter group - with $80 million in AuM - has nearly 30 years of industry experience.
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News and Features
Latest News
South Carolina Bank Inks Deals To Upgrade Wealth Management Offering
UK’s Aberdeen Confirms Commitment To US With Acquisition
Executive Departure At Citi Triggers Reshuffle; New CEO Of Private Bank
FINRA Fines LPL Over Email System Failures
Fremont Bank Names New Vice President Of Wealth Management
Comment and Analysis
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
FEATURE: A Look At The Mexican High Net Worth Client Market
EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
Expert Commentary
- Top Story
- Opinion of the Week
- Industry Insight
- View from the Top
- Editor's Choice
- Investment Strategy
BNY Mellon Lays Out Big Hiring Plans For Wealth Management
BNY Mellon Wealth Management is planning to double the size of its global sales force, as well as adding a raft of private bankers.
Harriet Davies
22 May 2013
Guest Opinion: An Earnings Report Every Hedge Fund Manager Should Review
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
Diane Harrison
20 March 2013
Q&A: Rockefeller & Co's Jimmy Chang On The Investment Environment
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
Harriet Davies
4 April 2013
INTERVIEW: Regular Risk Reviews Gain Traction In The Family Office World
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
Harriet Davies
9 April 2013
FEATURE: Twins And The Business Of Family
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
Charles Lowenhaupt
8 April 2013
Guest Opinion: Diversification In The Age Of Globalisation
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
Marc Odo
25 March 2013
