People Moves

New York-Based Wealth Team Joins RBC WM From JP Morgan

Editorial Staff April 21, 2025

New York-Based Wealth Team Joins RBC WM From JP Morgan

The Degenaars Babb Group is one of the largest teams to be recruited to RBC Wealth Management.

RBC Wealth Management in the US has added The Degenaars Babb Group, a New York-headquartered group that has joined from JP Morgan Wealth Management with over $5 billion in assets under management. 

The group includes:

-- Glenn S Degenaars, managing director – financial advisor, senior portfolio manager – Portfolio Focus; 

-- Jason L Babb, MD, financial advisor, senior portfolio manager – Portfolio Focus; 

-- Kristin J Ashman, managing director – financial advisor, wealth strategist; 

-- Jennifer S Mackley, senior vice president – senior financial associate; 

-- Ryan Carney, vice president – senior financial associate; 

-- Elizabeth A Botti, vice president – senior business associate; 

-- Antonio Salcfas, investment associate; 

-- Griffin Wellington, registered client associate; 

-- Michael Telesco, registered client associate; 

-- John Rehill, registered client associate; and 

-- Diana Zapata, client associate. 

“This team’s extensive research has led them to conclude that RBC Wealth Management is the best firm to serve their high net worth and ultra-high net worth clients and continue to grow their practice,” John Moran, New York complex director at RBC Wealth Management, said.
 

Back row, from left, Antonio Salcfas, Michael Telesco, Kristin Ashman, Jennifer Mackley, Griffin Wellington and Ryan Carney. Front row, from left, John Rehill, Glenn Degenaars, Jason Babb, Diana Zapata and Elizabeth Botti.

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