RBC Wealth Management has tapped a Morgan Stanley branch executive to lead its Chicago complex: Justin Ferdula, a certified financial planner, will be responsible for six branches and more than 60 financial advisors.
Ferdula has 14 years of industry experience and previously led Morgan Stanley’s Rockefeller Center branch. He joined the industry in 2002 as a financial advisor.
As Chicago complex director, Ferdula will oversee the Chicago, Lakeshore, North Shore, Oakbrook, Orland Park and Indianapolis offices.
In other news, RBC says its operations now include Tonya Nichols, who joined the firm in Portland, Oregon, from Robert W. Baird.
At Baird, Nichols had $122 million in assets under administration and $1 million in yearly fees and commissions. Also moving to RBC is Carolynn Ashton, a senior client associate.