RBC said that it recruited a pair of advisers with $245 million in assets under management to join its branch in Albuquerque, New Mexico. The duo had been affiliated with Maplewood Investments.
John Goodwin has four decades of industry experience, having joined E.F. Hutton in 1979. The other adviser, Scott Schroeder, started his career in 2010 at Ronin Capital.
A client associate, Sarah Thomas, is also making the move to RBC.
Carson is expanding one of its relationships in Florida while Lido Advisors adds an $870 million practice in Silicon Valley.
The approval of the pay proposal, which handsomely compensates its CEO and president, bolsters claims that big payouts are a must in the war to retain leadership.
Integrated Partners is adding a husband-wife tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
