RBC

Observing the day is one way wealth management firms are trying to respond to civil unrest.

The advisors had been with their former employer for 11 years.

The advisors had logged seven years at their former wirehouse.

“We didn’t need to physically travel to see that RBC was the ideal place to move our practice,” ex-UBS advisor says.

Advisors who switch firms during the pandemic have tough (virtual) conversations with clients in store.

The advisor joined before states and cities began ordering businesses to close and residents to shelter in place.

The firm’s CEO told staff there would be no headcount reduction in 2020 even as other industries have furloughed workers in droves.

The perennial contender won the top spot in J.D. Power’s annual survey as the coronavirus makes brand and advisor trust even more important to the industry.

The worker, who tested positive on Monday, and colleagues in close contact with the person are in self-quarantine.

New hires follow two big additions last month that had AUM topping $2 billion.

The regional BD has had a successful run picking off top teams from the wirehouse.

The expansion is likely to come at the end of 2020 or early next year, and will focus initially on higher-net-worth customers.

The additions came amid a revamping of the firm’s independent advisor compensation.

It’s the second biggest move in 2019, and includes an advisor featured in On Wall Street’s Top 40 Under 40.

Wells Fargo welcomed 22 active duty members to its corporate office as part of a corporate fellowship program.

Two of the new hires have more than 20 years of industry experience each.

It’s not the traditional client base of the aging baby boomer anymore, says the firm's head of technology.

The RIA divisions of Raymond James and RBC are also among the companies that self-reported.

Aggressive hiring practices at regional broker-dealers aren’t slowing down.

Reva Shakkottai has been with the firm for a decade.