RBC Wealth Management has expanded its footprint in the Northeast by welcoming two advisor teams from Morgan Stanley, adding over $1.45 billion in combined assets under management.
The Quarry Lake Group brings $1.05 billion in assets to RBC’s Quarry Lake branch in Baltimore, Maryland, while The Smalley Girardi Group joins the Westport, Connecticut office.
Led by managing directors Avigail Rosemore and Avi Greenlinger, The Quarry Lake Group is comprised of six members including Aaron Forker, Yitzi Teichman, Alan Wolfe, and Sharon Wunder. The team works together to deliver a holistic approach to financial planning, focusing on both individual and corporate clients.
“We take a comprehensive approach that is grounded in investment strategy but covers virtually every aspect of a client’s financial life,” Rosemore, who comes to RBC with 26 years of wirehouse experience, said in a statement Wednesday.
She emphasized that RBC’s wide array of services, including risk management and estate planning, as well as the "strength of RBC and its global brand."
Greenlinger, who boasts two decades of experience, highlighted the team’s commitment to managing long-term financial goals across generations.
“We work through unique and complicated family dynamics,” he said. “Our goal is to help clients reach their financial goals and have the greatest impact today and for generations to come.”
The team will be operating within the RBC Mid-Atlantic Complex headed by director Warren Bischoff.
Meanwhile in Westport, Connecticut, advisor duo Richard Smalley and Ali Girardi bring more than $400 million in assets to RBC. Operating as The Smalley Girardi Group, the two cited RBC’s strong platform for high-net-worth clients as a major draw.
“Richard and Ali’s move is an opportunity for the team to grow their business even more,” said John Moran, RBC’s New York Metro Complex Director. “We are proud to welcome them to the firm, and look forward to supporting the team as they continue to develop successful strategies to meet clients’ goals.”
As of July 31, RBC's US wealth business oversaw $619 billion in total client assets, with an enterprise spanning more than 2,100 financial advisors across 191 locations in 42 states.
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