Royal Bank of Canada has made a senior hire from Raymond James in the Golden State.

RBC Wealth Management has hired Michael Schipper as a senior managing director and complex director of its San Francisco, CA, complex. He replaces Rob Spawn, who left the firm, RBC confirmed.

At RBC, Schipper will oversee around 70 financial advisors and 125 total employees serving clients in seven branches: San Francisco, San Jose, Fresno, Monterey, El Dorado Hills, Walnut Creek and Oakland.  

He joins from Raymond James, where he was part of a team responsible for building out the West Coast presence.

Before that, he helped merge the Morgan Stanley and Smith Barney cultures in the San Francisco area following that joint venture.   

RBC closed its acquisition of California-based City National Bank in November 2015 – see an interview on the move here.