RBC Pulled Another Billion-Dollar Team From UBS. This Time, Detroit Was The Prize
RBC recruited BLS Financial Group from UBS in Michigan, adding a $1.1B team as wirehouse recruiting, UHNW service and legal transition risks intensify.
Raymond James Bought A Structured Credit Specialist. The Wealth Angle Is Bigger Than It Looks
Raymond James took a majority stake in GreensLedge, strengthening structured credit, securitization and capital markets links to wealth clients.
A $1.8B Goldman Team Joined Cresset. The Real Story Is Family Office Advice
Cresset added a $1.8B Goldman Sachs UHNW team, showing how family office platforms are competing for entrepreneurs and legacy-focused clients.
Wells Fargo’s $3.1B JPMorgan Win Shows How Advisor Recruiting Is Splitting
Wells Fargo added a $3.1B JPMorgan team while Janney and Prime Capital made regional planning hires, showing three recruiting lanes.
Northern Trust’s New Family Office CIO Has A $1B-Client Portfolio Problem
Northern Trust named Beata Kirr CIO of its Global Family Office unit, adding public, private market and impact experience for ultra-wealthy clients.
JPMorgan’s $1.1B William Blair Hire Shows Where Advisor Recruiting Is Moving
JPMorgan added David Amar’s $1.1B William Blair team as UBS and Cetera also made advisor recruiting moves.