RBC adds $1 billion group from J.P. Morgan

RBC adds $1 billion group from J.P. Morgan
The Nolan Group, a father-son team, will join RBC’s New York City office.
SEP 20, 2022

RBC Wealth Management announced Tuesday that it has added an advisory team with more than $1 billion in assets from J.P. Morgan Securities. The Nolan Group will join RBC’s New York City office.

The father-son team includes Michael Nolan, who has 39 years of industry experience, his son Brian Nolan, with seven years of experience, and three staffers.

“RBC Wealth Management has the right blend of resources, tools and support necessary to service the complex financial needs of our clients, along with a genuine commitment to putting the client first in all decisions,” Michael Nolan said in a statement.

'IN the Nasdaq' with Invesco chief global market strategist Kristina Hooper


Latest News

Can AI double advisor productivity?
Can AI double advisor productivity?

Orion CEO Natalie Wolfsen says artificial intelligence could double the number of Americans receiving financial advice as RIAs deploy AI to boost advisor productivity

Advisor moves: Nebraska RIA crosses $1 billion after absorbing ex-RBC team
Advisor moves: Nebraska RIA crosses $1 billion after absorbing ex-RBC team

Meanwhile, Raymond James snags Edward Jones advisor in Arizona.

Workers want financial help from employers and they're ready to walk if they don't get it
Workers want financial help from employers and they're ready to walk if they don't get it

New Morgan Stanley research shows retirement planning is a key area where advice is required.

SEC kills 'gag rule' that silenced thousands of settling defendants for over 50 years
SEC kills 'gag rule' that silenced thousands of settling defendants for over 50 years

ASA reacts as regulator drops no-deny policy, freeing firms and individuals to publicly dispute allegations after reaching settlements.

Washington state regulators claim advisor was running Ponzi-like fund
Washington state regulators claim advisor was running Ponzi-like fund

Joel Frank allegedly sold more than $39 million worth of investments in the Equilus Funds to more than 90 investors.

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

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

SPONSORED Durability over scale: What actually defines a great advisory firm

Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline