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RBC Wealth Management has hired a financial advisor team that manages $1 billion in client money.

MarketRead the original at moomoo.com
Good for RY

Royal Bank of Canada added the Nepa/Susco Team to its Pittsburgh North branch, expanding its wealth team. The report does not say the team's former UBS client assets moved with it, so the size of the benefit is unknown.

RY · Royal Bank of Canada

AI read · Good for RY

The AI's read

More advisers can help RBC serve wealth clients and build this business. The story calls the hire a significant addition, but says the team managed its clients at UBS and does not say those assets followed. The news is favorable, though the size of any business gain is unknown.

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