Advisers on the Move

Veteran Wells Fargo adviser heads to RBC

James M. Aid is the first financial adviser hired at RBC's Nashville office

Jun 7, 2018 @ 11:52 am

By Sarah Min

James M. Aid has left Wells Fargo Advisors, where he managed $86 million in assets, to join RBC Wealth Management Financial Advisors in its new Nashville office.

Mr. Aid is the latest in a string of employees leaving Wells Fargo. Mr. Aid is a 20-year veteran of the brokerage industry and worked at seven different firms prior to RBC. He started his career at Wells Fargo in 2008. In 2017, he produced $1.3 million in fees and commissions.

(More: "Wells Fargo loses veteran $500 million team to SunTrust")

"We're always looking for good advisers that fit in with the client first culture," said Jonell Rusinko, manager of external communications at RBC.

A Wells Fargo spokesperson was not immediately available for comment.


What do you think?

View comments

Recommended for you

Featured video


Behind the scenes at Pershing Insite 2018

What goes on behind the scenes at one of the industry's biggest conferences? Join us for an all-access sneak peek!

Latest news & opinion

Mutual funds feel the pinch of platform fees

No-transaction-fee options are a big hit with investors, but funds wind up paying the costs — and passing them on.

Divorce reduces retirement readiness

The new tax law could increase financial challenges for divorced people, but planning opportunities abound.

Merrill Lynch fined $42 million for misleading customers

In addition to the practice of 'masking' trades, the wirehouse went to extremes to cover up the wrongdoing.

Advisers with billions in AUM leaving Wall Street

Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.

Wells Fargo weighs changes to wealth unit

The move would reflect the bank's effort to cut $4 billion in costs.


Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting It'll help us continue to serve you.

Yes, show me how to whitelist

Ad blocker detected. Please whitelist us or give premium a try.


Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print