RBC Wealth Management has added a Kansas-based team that managed $1 billion in client assets at UBS, the firm announced Thursday.
The Total Wealth Management team is based in Leawood and includes: managing director Patrick McCarthy; senior vice presidents John Brown and Eric Taylor; vice president Scott Jones; associate vice presidents Penny McKinney and LaGina Nicholas; and associate financial advisor John McCarthy.
Patrick McCarthy has 33 years of experience, having started at Piper Jaffray in 1990, according to his BrokerCheck report, and had been affiliated with UBS since 2006, when UBS acquired Piper Jaffray's brokerage business. Brown has 39 years of experience, starting at Piper Jaffray in 1984 and then moving to UBS in 2006. Taylor has 17 years of experience and had also been at UBS since 2006.
Total Wealth Management provides a full range of wealth management services to individuals, families, business owners and foundations.
According to a statement, the team chose RBC because of “access to senior firm leaders and the ease of doing business.”
RBC Wealth Management has more than 2,100 advisors in 42 states who oversee $544 billion in client assets.
President says he has a ‘couple of people in mind’ for central bank role.
Wall Street firm partners with Dutch online broker to fuel push into EU market.
Agreement with the US Department of Justice comes eight years after settlement.
Series C funding will accelerate unification of TAMP’s model portfolios.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.