RBC Wealth Management added three advisors from UBS in Leawood, Kansas.
Paul DeBey, Chris Cassaday and Jeff Bahnson – each with over 30 years in the business – have managed a combined $262 million in assets under administration and have total yearly fees and commissions of $1.7 million in production.
“RBC Wealth Management is proud to welcome this team to our Leawood office,” said branch manager Mark Borcherding, in a statement. “They are industry professionals who excel at developing long-term relationships with their clients, and providing the best possible wealth management solutions to meet their clients’ goals and needs.”
RBC has $289 billion in total client assets and some 1,800 financial advisors.
Meanwhile, two employee advisors from Wells Fargo have moved to Ameriprise Financial in North Texas: Thomas Hughes of Southlake and Bill Steele of Dallas.
Together, the two have $239 million in assets under management.
“Our team chose Ameriprise Financial for their strength and safety, particularly through periods of change like we’re in now. We wanted to join a growing firm whose core focus is investment planning and management,” Hughes said in a statement.
Raymond James’ News
Raymond James & Associates (RJA) – the traditional employee channel of the firm – has hired Charles Lambert “Bert” White III from Morgan Stanley to lead the South Florida Complex, which includes 13 branches from Jupiter to Key West.