RBC
RBC Scores $2 Billion-Asset Merrill Team in Chicago Suburbs
The eight-person team led by veteran wirehouse brokers Thomas A. Paulson, William “Tuck” Holman and Steven E. Gatto, left for RBC on Thursday.
RBC, Stifel Add Merrill Lifers in NY, NM
Broker who began his career with Merrill in 1995 after graduating from college said the pandemic presented an opportunity for a “fresh start.”
Wells Nabs $5.3-Mln Merrill Team in TN, RBC Hires New Jersey Duo
Wells Fargo hired a Merrill team with $5.3 million in revenue in the Nashville, Tennessee suburbs on Monday while RBC said it separately hired a New Jersey duo this week.
Steward Hires $2.5 Million RBC Team in Colorado
Group of three advisors had been overseeing $350 million in client assets, they said.
Rockefeller Hires $2.5-Mln Merrill Team in CO, RBC Nabs Million-Dollar IL Producer
Colorado hire is Rockefeller’s 45th team since its founding while RBC picked up a Merrill broker who said he was frustrated at Merrill’s push to sell Bank of America products.
RBC Fined $200,000 over Former Broker’s Unsuitable Energy Trades
RBC to pay Massachusetts for failing to supervise 50-year veteran who state says “routinely over-concentrated the portfolios of senior citizens in energy sector securities.”
RBC Nabs Wells Manager, Ameriprise Touts NYC Broker’s Asset Growth
30-year brokerage veteran Kurt Bakken joins RBC Wealth Management-U.S. as branch director for its Rochester, Minnesota office while Ameriprise said another ex-Wells broker had doubled assets in a month.
Morgan Stanley Prevails in TRO Standoff with $6-Mln RBC Team
A federal judge granted Morgan Stanley’s motion to block the RBC group from soliciting their former clients and denied the brokers’ counterclaim.
RBC Team Seeks Tit-for-Tat Solicitation Halt Against Morgan Stanley
Princeton, NJ, advisors say Morgan Stanley is soliciting clients they brought with them when they moved from UBS in 2010, in violation of written and verbal agreements.
Rockefeller, RBC Lure Merrill, UBS Teams in Midwest
Rockefeller hires its second Merrill team in Chicago while RBC recruits two teams with $900 million combined from the same UBS branch in Nebraska.
Morgan Stanley Sues $6 Million Team at RBC over Client Calls
New Jersey advisors “flagrantly” violated their employment agreements by calling former clients and using confidential information, wirehouse says in new lawsuit.
