Advisor moves: RBC, Steward Partners add elite advisors from Goldman, Truist

RBC Wealth Management and Steward Partners have expanded their bench of high-net-worth talent in the East Coast, while Raymond James strengthened its employee advisor channel with an ex-Stifel advisor in Georgia.

RBC snags HNW Goldman advisor in New Jersey

RBC Wealth Management has hired Daniel Carollo as managing director and financial advisor in Florham Park, New Jersey.

Carollo, a law degree holder who previously managed about $500 million in assets at Goldman Sachs, serves high-net-worth clients, including families and corporate executives. He is expected to draw on RBC’s offerings in lending and savings for affluent clients.

“Daniel is a well-respected professional who brings a holistic approach to wealth planning,” said Steven Ornstein, north Jersey complex director at RBC Wealth Management.

Prior to Goldman Sachs, Carollo was affliated with Mercer Allied Company for nearly a decade, according to his BrokerCheck record.

Earlier this month, RBC strengthened its East Coast presence as it added a $1.7 billion UBS team to its newly opened Westchester, New York branch.

Steward Partners nabs $502M Truist advisor

Meanwhile, Steward Partners has expanded its southeast presence by onboarding Mike Wood to its Norfolk, Virginia branch.

Wood, who joins from Truist, brings $502 million in client assets and focuses on high-net-worth individuals, multi-generational families, and business owners. He described his move as a deliberate choice to align with a firm that matches his values and approach to client service.

“Steward Partners rose to the top, not just for its technology and multi-custodial platform, but for its culture of true partnership and advocacy,” Wood said in a statement.

Jeff Gonyo, head of wealth management at Steward Partners, noted that Wood’s “planning-led practice” and “growth-oriented mindset” fit with the firm’s mission.

Wood follows other additions at the New York-based RIA this year, including a $1.1 billion acquisition in California earlier this month. The firm's M&A head, Scott Danner, told InvestmentNews that it's focusing on mid-size sellers, particularly advisor businesses with $500 million to $2 billion in assets.

Steward Partners, founded in 2013, reported overseeing more than $40 billion in client assets as of January 2025.

Raymond James welcomes $750M Stifel advisor

In Georgia, Raymond James announced the addition of Robert Chanin to its employee advisor channel in Macon.

Chanin, who previously managed approximately $750 million at Stifel, has over 45 years of industry experience and specializes in comprehensive wealth management for high-net-worth clients.

“At this point in my career, aligning with Raymond James allows me to deliver a broader suite of capabilities to meet the increasingly complex needs of my high-net-worth clients,” Chanin said.

Before his decade-plus affiliation with Stifel, Chanin's BrokerCheck record with Finra shows him making brief stops at UBS and Citi.

In 2024, the firm saw a record year of recruitment within its private client group as it emphasized a "fewer but bigger" strategy, according to its annual report.

Most recently, it bolstered its employee advisor ranks in the East and West Coasts, welcoming breakaways from UBS and Wells Fargo.