RBC, Raymond James and Stifel Nab UBS Reps: Recruiting Roundup

RBC Wealth Management, Stifel Financial and Raymond James all recently added advisors from UBS with over $805 million of combined client assets.

RBC says it recruited Tony Keiser for its Pittsburgh-Three Rivers office. Keiser has 30 years of industry experience and manages about $340 million in client assets, with $3.2 million in yearly fees and commissions. He was with UBS since 2009.

“RBC Wealth Management has a long-standing reputation for putting the needs of clients first,” according to Keiser.  “When considering moving to RBC, I was incredibly impressed by the firm’s unique culture, resources, and passion, making it a great place to continue to grow my business.”

Separately, Raymond James recruited advisors Lori Siegel, CFP, CRPC, and Robert Russo, CFA, CFP, to its independent channel in Houston. The duo are founding partners of Centrix Wealth Partners. At UBS, they managed some $300 million in client assets.

“We knew the best next step for our team was to become an independent practice. It was a matter of finding the right firm, and Raymond James was the premier fit for us, and most important, our clients …,” said Siegel, in a statement. “The firm’s culture, combined with the breadth of support, are what attracted us to the firm.”

Siegel has been in the industry for more than 22 years, including time with Smith Barney prior to joining UBS. Russon has about 14 years of experience in the business and also worked for UBS and Smith Barney.

“Lori and Robert are an experienced team and we are excited to welcome them to Raymond James as they grow their independent practice,” according to Kirk Bell, Central regional director for Raymond James Financial Services.