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October 20, 2020 at 01:52 PM
RBC Wealth Management says it has recruited an all-female advisor team from JPMorgan with $1.2 billion in assets.
Members of the LSS Group, which includes three advisors, have worked together in New York for 23 years and serve many clients in the music and entertainment industries, including some based in Los Angeles and Nashville. They spent the past 11 years at JPMorgan.
Related: How an Exec Is Revamping RBC Wealth
“Not only does our team have a long-standing relationship with local RBC Wealth Management leadership in New York, but we also see the firm’s relationship with City National Bank as an opportunity to even better meet the very unique financial needs of our clients, especially those in the entertainment industry, where managing money is very different,” said Eden Lopez, a managing director and advisor, in a statement.
(City National is a subsidiary of Toronto-based Royal Bank of Canada.)
“The strength and stability of RBC and the ability to double down on our presence in L.A., Nashville and New York all led to the decision to move our practice,” added Lopez, who has 22 years of industry experience and started out in the business at Citigroup Smith Barney.
