RBC Wealth Management has expanded its high-net-worth advisory presence in the East Coast with the addition of a former JPMorgan team in New Jersey.
On Friday, the firm announced it had added a new financial advisory team in Florham Park, New Jersey, bringing approximately $855 million in client assets.
The Taggart Group, previously with JPMorgan, is led by Michael Taggart. He brings over 35 years of industry experience, including a 17-year record of registration with Finra.
“Our team is committed to delivering attentive, concierge-level service to our clients, along with the capability and experience to help them navigate the complexities that high-net-worth individuals and families often face,” Taggart said in a statement.
Prior to JPMorgan, Taggart spent nearly 10 years at Merrill Lynch starting in 2008, according to his Brokercheck profile.
“Joining RBC Wealth Management will allow our team to leverage the firm’s extensive resources and enhance our client experience,” he said.
The team joining RBC Wealth Management includes senior business associate Dalia Bubbico, senior financial associate Jerry Azzollini, and senior registered client associate Ria Taggart.
Steve Ornstein, North Jersey complex director at RBC Wealth Management, highlighted the expertise and personalized service of the new team.
“Michael and his team are truly outstanding professionals who provide every one of their clients with expert advice, individualized strategy and the highest level of personal service,” Ornstein said. “They will be a tremendous asset to our firm.”
In mid-May, RBC Wealth Management scored another significant win in the Northeast as it integrated two veteran Merrill Lynch teams with a collective $900 million in Maryland.
Prior to that was another double win for the firm in April, when it drafted two father-son advisor teams, separately coming from Wells Fargo and Merrill Lynch, to its Western Division.
ERISA Investment Fiduciary Philip Chao says most retirement plans use target date funds as a one-size-fits-all default that ignores individual circumstances
Eric J. Stone was fired by Fidelity in 2021 after facing claims he took loans from clients.
Chicago-based Curi Capital gets new majority owner as $14 billion RIA eyes acquisitions and expanded family office services
Partnership pairs organic lead detection with paid ad targeting to help end "spray-and-pray" marketing for growth-seeking advisory firms.
Jonathan Lewis joins the wealth management giant as it proceeds with a $2 billion AI and technology push for advisors.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
