A team that oversaw $1.37 billion in client assets at Merrill Lynch has joined RBC Wealth Management, the firm announced Thursday.
The Miami-based Ruccio Group is led by managing director Jeremy Ruccio. The team includes first vice president Tristan Lambert, vice president Bita Asgair, senior registered client associates Lizbeth Sain and Melissa Montoya, and client associates Jenifer T. Quiles, Maria Ramos-Barcia, Yohan Garciga and Paul Alva..
The Ruccio Group’s ultra-high-net-worth clients include real estate investors, private equity partners and CEOs. The team’s services include wealth planning, asset preservation and custom lending, with the team currently handling $1.6 billion of liabilities for clients.
“At RBC Wealth Management, our team will be able to combine the personalized attention and feel of a smaller firm with the power and insights of a global financial institution, enabling us to create goals-based financial strategies tailored to our clients’ unique situations,” Ruccio said.
Ruccio has 15 years of experience, according to his BrokerCheck report, all at Merrill Lynch.
RBC Wealth Management has more than 2,100 advisors in 42 states, who managed $544 billion in client assets.
Preparing your clients to withstand the ups and downs of change – both external and internal – could be the key to unlocking their loyalty, trust, and confidence.
After leaving LPL in 2020, it hasn’t gone Cornick’s way at Osaic.
The finance professor and quant investing veteran believes with the right guardrails, artificial intelligence could be trusted to meet the high bar of fiduciary advice.
UBS has also regained some ground as it recruited an experienced Merrill advisor in New York.
The ex-Bay Area broker reportedly continued to peddle fake bond investments, promising rates of returns exceeding 20%, even after FINRA suspended his license in 2014.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.