RBC lands $915M team from Truist

RBC lands $915M team from Truist
With more than six decades of experience combined, the multigenerational team expands the wealth giant’s profile in Virginia.
JUN 18, 2024

RBC Wealth Management has added nearly a billion dollars to its advisory network in Virginia by welcoming a multigenerational trio from Truist into its network.

On Tuesday, the firm overseeing $583 billion in client assets and more than 2,100 financial advisors announced it had welcomed the Brown-Brinkley Group to its Tysons, Virginia office. The team, transitioning from Truist, brings approximately $915 million in client assets to RBC Wealth Management.

The Brown-Brinkley Group is led by a financial advisor team that includes seasoned advisors Alexander S. Brown and William F. Brinkley, who are both managing directors, and Taylor Brinkley.

They are supported by senior business associates Lane Thomas and Victoria Roberts, senior financial associate Hunter Brammer, registered client associate Carly Kacvinsky, and client associates John Kim and Jan Conner.

“We chose to move our business to RBC Wealth Management for its supportive, client-first culture, as well as direct access to leadership and resources that are valuable to our clients,” Brown, who’s been in the industry for 22 years, said in a statement.

Warren Bischoff, mid-Atlantic complex director for RBC Wealth Management – US, said the “high-quality, high-integrity” team is a perfect cultural fit for the firm.

“Their dedication to clients aligns perfectly with the firm’s values and culture, and we are confident they will continue to thrive here,” he said.

Recently in May, RBC boosted its profile in new Jersey as it swiped an $855 million high-net-worth team from JPMorgan.

Prior to that, it expanded its presence in Maryland as it welcomed two experienced advisor teams from Merrill Lynch.

Latest News

5 best practices to brand your process & win more busines
5 best practices to brand your process & win more busines

Advisors can set their practice apart and win more business with a powerful graphic describing their unique business and value proposition.

Industry, financial experts sound off after DOL walks back crypto warning for 401(k)s
Industry, financial experts sound off after DOL walks back crypto warning for 401(k)s

The Labor Department's reversal from its 2022 guidance has drawn approval from crypto advocates – but fiduciaries must still mind their obligations.

Autopilot surges to $750M AUM, touts RIA growth as users copy Pelosi, Buffett trades
Autopilot surges to $750M AUM, touts RIA growth as users copy Pelosi, Buffett trades

With $750 million in assets and plans to hire a RIA Growth Lead, Autopilot is moving beyond retail to court advisors with separately managed accounts and integrations with RIA custodians such as Schwab and Fidelity.

RIA wrap: Former Procyon advisors launch Third View, ex-Rochdale CEO resurfaces in New York
RIA wrap: Former Procyon advisors launch Third View, ex-Rochdale CEO resurfaces in New York

Elsewhere on the East Coast, a Boca Raton-headquartered shop has acquired a fellow Florida-based RIA in "a natural evolution for both organizations."

$43B Beacon Pointe taps seasoned retirement plan specialist to lead in DFW region
$43B Beacon Pointe taps seasoned retirement plan specialist to lead in DFW region

After advising on nearly $700 million in retirement assets, 27-year veteran Greg Mykytyn is bringing his expertise in ESOP and 401(k) plans to the national RIA in Texas.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.