A 16-person team, including five financial advisers who managed $1.7 billion at UBS in Indianapolis, has joined RBC Wealth Management.
The Promus Wealth Management Group is among the largest teams by headcount to join the firm, RBC said in a release. Advisers making the move were David W. Bartz, Daniel P. Chillemi, Brendon C. Harbron, George J. Kempf and Jordan Frye.
The team specializes in individual wealth management and retirement plan consulting.
Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
The high court's decision rebuffing Alpine Securities marks a setback for a broader challenge to Wall Street's reliance on self-regulatory organizations.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
