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Industry Spotlight > Advisors

RBC Fires Advisor Charged With Kidnapping, Battery

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What You Need to Know

  • The advisor allegedly beat a woman and held her against her will in his Florida home.
  • The incident happened less than three weeks after he was arrested and charged with battery of another woman.
  • The advisor was placed on administrative leave while RBC investigated the matter and was then fired.

RBC Capital Markets has terminated an advisor after he was arrested for allegedly beating a woman and holding her against her will in his home in Parkland, Florida, less than three weeks after he was arrested and charged with battery of another woman.

The advisor, Scott Jay Matalon, “was placed on administrative leave while we investigated the matter and then his employment at RBC was terminated at the conclusion of the investigation,” an RBC spokesperson told ThinkAdvisor on Monday.

Matalon, 40, was arrested on July 5 and charged with kidnapping/inflicting bodily harm, false imprisonment, domestic battery by strangulation and battery, according to Broward County, Florida court documents.

The Broward County Sheriff’s Office declined to provide more details to ThinkAdvisor on Monday by phone.

But Matalon, who was dating the woman for two months, grabbed and threw her down in his pool’s shallow step area, local news site Parkland Talk reported, citing info it obtained from the Broward County Sheriff’s Office. The dispute then continued in Matalon’s home, where he allegedly struck the woman several times, injuring her left and right arms, left leg and right hand, the report said, citing info obtained from deputies and an arrest affidavit.

The victim attempted to flee Matalon’s home several times, and was finally able to get away and seek assistance from a neighbor. But Matalon forced her back into his home against his will — all captured on a neighbor’s Ring doorbell camera, the report said.

Matalon then took the woman upstairs and “restrained her in the closet,” the report said, citing the affidavit. Matalon allegedly placed his forearm against her throat, “blocking her airway to prevent her from calling out for help from the police,” committing battery by strangulation, the report said, citing what the deputies wrote. But she was able to scream and the deputies who arrived outside heard her and entered the home, where they arrested Matalon, according to the report.

Matalon pleaded not guilty and was released on bond, court documents showed.

Almost three weeks before that arrest, Boca Raton Police arrested Matalon for allegedly battering a different woman, who identified him as her boyfriend of two months, the same report said, citing an arrest affidavit. That incident happened in Boca Raton on June 15, according to court documents. Matalon was charged with domestic battery in that case and released on bond.

Matalon, was registered as an advisor and broker for RBC since 2019, according to his report on the Financial Industry Regulatory Authority’s BrokerCheck website. Prior to that, he was with Ameriprise Financial Services since 2013. There were no disclosures on his report for his 18 years in the industry at a total of nine firms.

Pictured: Scott Jay Matalon, Photo via Mugshots Zone.


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