Subscribe

RBC adds First Republic duo managing $400 million

RBC first advisors

Mark Friedman and Mitchell Peters, who are joining RBC's San Francisco office, had been affiliated with First Republic since 2017.

RBC Wealth Management announced Friday that two advisors from First Republic Bank who oversee $400 million in client assets were joining its San Francisco office.

Mark Friedman and Mitchell Peters operate as the Friedman Peters Group.

Friedman has 25 years of experience, according to his BrokerCheck report. He had been affiliated with First Republic since 2017 and earlier spent 10 years at UBS and six years at Citigroup, after starting his career at Merrill Lynch.

Peters has 21 years of experience, according to BrokerCheck. He had been affiliated with First Republic since 2017 and earlier spent 11 years at UBS.

On Tuesday, RBC had announced that two solo advisors were joining from First Republic: Brian Addington, with $300 million in client assets, in the San Francisco office, and Theresa Allen, with $255 million in assets, in the Newport Beach, California, office.

Now more than ever, DC plans need to provide retirement income

Related Topics: ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Meet the fastest-growing financial firms

Who made it to America’s list of fast-growing employers? Find out in this report.

Bridging the generational divide in finance

With younger generations entering the arena, it’s vital to know how to connect with them.

Fiduciary commitment should be table stakes

Speed and nature of new DOL rule has left many in the insurance industry fuming, losing sight of the impact on ordinary investors

Cresset adds two J.P. Morgan teams overseeing $5B

The two groups were among several former First Republic teams whose exits from J.P. Morgan were announced Friday.

Ascensus buying Vanguard small-business retirement offerings

The company is acquiring the Individual 401(k), Multi-SEP, and SIMPLE IRA plan businesses from Vanguard.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print