People Moves

RBC Wealth Management Expands Southern California Presence

Editorial Staff May 16, 2024

RBC Wealth Management Expands Southern California Presence

The US part of the RBC wealth management organization has added a former Merrill Lynch team to its network.

RBC Wealth Management has brought in two financial advisor teams to its Bel Air office from Merrill Lynch, bringing a total of $900 million in client assets.

The Barnes Group (main picture) brings about $600 million in assets. It includes David Barnes, managing director – financial advisor, who has 30 years of industry experience, and Paula Gay, assistant vice president – client associate.

The second team, Pollard (below), runs about $300 million in client assets. It comprises: Patrick Pollard, SVP, financial advisor; Paul Sierocinski, associate VP, senior business associate; and Victoria Webster, AVP, client associate.

Paul J Sierocinski, Victora Webster, and Patrick A Pollard

Earlier this week, RBC WM brought in a former Truist advisory team in Nashville, holding around $730 million in client assets. Earlier this year, the business brought in a team in Wilmington, managing $610 million of assets.

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