A team of four advisers and four associates managing $1 billion at Merrill Lynch in Portland, Oregon, has joined RBC Wealth Management.
Known as the Inter Alia Group, the team consists of advisers Stephen J. Groth, who had worked at Merrill Lynch for 30 years; Patrick M. Cummings, who worked at Merrill for 16 years, Robert V. Chavez, who worked at Merrill for 20 years, and Katrina R. Stump, who worked there for 7 years. The associates making the move are Susan K. Junell, Mimi Jue, Deborah A. Jenkins and Rachel Akerson.
Matt Gellene shares the bank’s latest research on how young adults are managing their finances.
Survey data reveal a widening divide between early AI adopters and those still on the sidelines – with career stage and AUM emerging as key fault lines.
Sitting between equity and insurance-like solutions, defined-outcome ETF strategies have matured as an alternative to staying in cash during choppy markets.
Orion CEO Natalie Wolfsen says artificial intelligence could double the number of Americans receiving financial advice as RIAs deploy AI to boost advisor productivity
Meanwhile, Raymond James snags Edward Jones advisor in Arizona.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
