Rbc Wealth Management

Published WirehouseHUB stories filed under Rbc Wealth Management.

• RBC Pulls $2B BofA Private Bank Duo in La Jolla

  Second BofA Private Bank hire into RBC La Jolla in about a month — Behun (MD) and Harris (SVP) with $2B+ firm-reported assets, under a Merrill-trained SoCal complex director, inside RBC's push to add 600 U.S. advisors by 2029. Private bank duo, left BofA Private Bank, joined RBC, La Jolla, $2B

• RBC Wealth Management Picks Former Raymond James and UBS Manager Shawn Bernhard to Run Texas South

  RBC Wealth Management named Shawn Bernhard, a former Raymond James and longtime UBS manager, complex director for Texas South, based in Houston.

• RBC Wealth Management Adds Nepa/Susco Team From UBS in Pittsburgh, More Than $1B in Client Assets

  RBC Wealth Management has added the Nepa/Susco Team, which oversaw more than $1 billion in client assets at UBS, in Pittsburgh. left UBS, joined RBC, Pittsburgh, $1B

• RBC Loses $1.1B Baltimore Team as Rosenwald Private Wealth Goes Independent With Indivisible

  RBC Wealth Management has lost a Baltimore team overseeing about $1.1 billion to Indivisible Partners, the RIA founded by former Merrill wealth chief John Thiel. left RBC, Baltimore, $1.1B

• UBS Faces $13B AT1 Capital Hit While Bleeding $28B in Advisor Assets in 2026

  UBS is fighting a two-front war: a $13B capital burden from Swiss regulators and a $28B advisor exodus in the U.S. — its 550% recruiting package is the firm's bet that it can buy its way back to stability.

• Merrill Poaches $1.2B UBS Team in Santa Fe: John Vazquez & Manuel Monasterio Flip the Script in the Desert Southwest

  Merrill is running a systematic high-AUM recruiting playbook across regional markets—if you're at UBS, Morgan Stanley, or Wells Fargo managing a book north of $1B, expect a call. The compensation packages are real, and the Desert Mountain market is clearly a target. left UBS, joined Merrill, Santa Fe, $1.2B

• John Vazquez & Manuel Monasterio Bring $1.2B, $4.7M in Production from UBS to Merrill Lynch in Santa Fe

  If you're a high-producing UBS team watching your colleagues defect, Merrill's recruiting machine is clearly writing checks big enough to move $1.2 billion books out of New Mexico. Know your number. Vazquez / Monasterio team, left UBS, joined Merrill, $1.2B

• Wells Fargo Pulls $17 Billion From Independent Advisors in 2026 Recruiting Surge Backed by $1.5B Revamp

  Wells Fargo is no longer a passive bystander in the recruiting wars. Its dual-channel strategy — employee wirehouse plus FiNet's independent model — gives it a competitive angle that pure wirehouses and pure RIAs cannot replicate. If you're fielding calls from their recruiters, the $17B number tells you they have the momentum to back up whatever deal is on the table.

• Pasha Azad & Dayne Crist Lead $1.4B Lumina Wealth Partners from Bernstein to UBS Century City as Irvine Hub Consolidates 10 Teams

  UBS is engineering a two-front Southern California land grab—lifting out ultra-HNW talent from Bernstein while building the infrastructure to keep those clients sticky. If you're in the LA or Orange County market, your book is in play. Lumina Wealth Partners, left Bernstein, joined UBS, Century City, $1.4B

• Jim Tucker & Patrick Bria Take $420M Tucker Bria Wealth Strategies from Commonwealth to Cetera

  Cetera is systematically harvesting Commonwealth's advisor base through Summit Financial Networks, offering custody flexibility that keeps established practices intact. If you know Commonwealth-affiliated advisors evaluating their next move, Cetera is making a compelling case—and closing fast. Tucker Bria Wealth Strategies, left Commonwealth, joined Cetera, $420M

• Adam Pearsall Exits UBS After 26 Years, Takes $400M Practice to Raymond James in Upstate New York

  Raymond James is systematically stripping UBS of mid-market Northeast talent. If you're a $300M–$700M UBS producer in a regional market, expect a Raymond James recruiter call—and start thinking about what your answer will be. Adam Pearsall team, left UBS, joined Raymond James, Upstate New York, $400M

• Raymond James Lands in Multi-Firm Recruiting Blitz as Industry Tallies $8B+ in Team Movement

  If you're fielding calls from recruiters right now, you're not alone — this cycle is unusually active, and the packages being floated for $1B+ producers are at multi-year highs. Know your number before you pick up the phone. $1.6B

• UBS Fined $125M by FinCEN, FINRA & CFTC for AML Control Failures

  If you're at UBS or considering a move there, this triple-agency enforcement action signals real compliance infrastructure risk—not just a headline fine. Regulators are watching AML programs at wirehouses with unprecedented coordination, and that scrutiny flows downstream to individual advisors.

• Carson Group Acquires $1.8B Wells Fargo FiNet Practice Doyle and Loughman Wealth Management

  Wells Fargo's FiNet channel is hemorrhaging multi-billion-dollar practices to aggressive RIA acquirers like Carson Group — if you're in that channel, expect a call soon, and know your leverage before you pick up.

• UBS Raids BofA's Florida Private Bank for a $1.3B Team Flying Below Radar

  UBS is targeting non-registered private bank talent — relationship managers and trust officers who move assets without appearing on BrokerCheck — as a stealth recruiting lane that bypasses the public scoreboard entirely. If your firm isn't watching this channel, it's already behind. Private bank team, left BofA Private Bank, joined UBS, $1.3B

• UBS Doubles Down on Texas With New Dallas Hub as UHNW Regional Strategy Accelerates

  UBS's hub-and-spoke push into Texas is a direct signal to wirehouse advisors in Dallas and Houston: the firm is building infrastructure to compete aggressively for UHNW books in your backyard. If you're not already fielding calls, you will be.

• Kinsey, Moss & Pickett Bolt Stifel for RBC, Taking $1.6 Billion in Dallas Client Assets

  RBC is methodically picking off $1B+ teams from regional powerhouses like Stifel in major Sun Belt markets—if your book is north of a billion and you're in Dallas, expect a call. Kinsey / Moss / Pickett team, left Stifel, joined RBC, Dallas, $1.6B

• Wells Fargo FiNet Lands $1B Palm Beach Practice as South Florida Becomes Independent-Channel Battleground

  FiNet is proving it can pull billion-dollar practices into its independent contractor model without waiting for the firm's upcoming fee-only RIA platform to launch — advisors weighing independence should watch this channel closely before that next product changes the competitive calculus. left Morgan Stanley, joined Wells Fargo FiNet, Palm Beach, $1B

• James Leonard & Daniel Mason Exit UBS with $404M to Wells Fargo FiNet as Baird Locks Down $600M Director Duo in North Carolina

  North Carolina is now a confirmed battleground for wirehouse and independent talent. If you're a senior advisor in the Southeast managing $300M+, your phone is about to ring—from all sides. Leonard / Mason team, left UBS, joined Wells Fargo FiNet, $404M

• Wells Fargo FiNet Poaches Second LPL Recruiting Exec as Independent Channel War Escalates

  FiNet is no longer playing defense. If you're an independent-minded wirehouse advisor—or an IBD rep weighing options—Wells Fargo is rebuilding its recruiting engine specifically to come after your book. Watch for elevated transition packages and infrastructure investment at FiNet over the next 12–18 months. left LPL, joined Wells Fargo FiNet

• Sheresky Samsen Group's $1.7B Practice Leaves RBC for Wells Fargo as Greenwich Team Picks Wirehouse Over Independence

  Wells Fargo is writing the biggest checks in the wirehouse recruiting market right now — if you're fielding a call from their team, they're serious and they're funded. Sheresky Samsen Group, left RBC, joined Wells Fargo, $1.7B

• Baird Snags $508M RBC Team While Merrill Lynch Pulls $560M in New Talent—Nearly $1.1B Shifts in One Recruiting Cycle

  Nearly $1.1 billion in client assets just changed hands between four major firms in a single recruiting cycle—if your book is in a Midwest market, expect your phone to ring from a competitor's recruiter soon. left RBC, joined Baird, $508M

• RBC Poaches Its Own: Osaic's Recruiting Chief Kristen Kimmell Returns as West Divisional Director—A First for the Firm

  RBC just added a seasoned recruiter who spent five years studying how the independent channel attracts advisors. Expect the West Division to get more aggressive on transitions and retention offers. left Osaic, joined RBC

• $1.2B Breakaway, $7.8B Acquisition, And AI: The 3 Forces Dominating Advisor Mindshare In May

  The stories your peers couldn't stop reading in May are a blueprint for the competitive pressure bearing down on your book — breakaways are getting bigger, RIA consolidators are getting bolder, and AI is giving independents a scalability edge that wirehouses haven't fully matched.

• Morgan Stanley Loses $820M Ohio Team to Dynasty-Backed DayMark, Pushing RIA Past $6B

  Another eight-figure wirehouse team just proved the Ohio Midwest is a live recruiting battleground. If you're at Morgan Stanley and your clients prioritize multigenerational legacy work, your competition is no longer down the street—it's an RIA with $6 billion, a Dynasty backbone, and a very compelling ownership story.

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