People Moves
RBC Wealth Management In US Maintains Recruitment Drive
The wealth management house continues to hire across the US.
RBC Wealth Management in the US continues to expand by bringing in teams of wealth managers.
Late last week, the firm, part of Toronto-listed Royal Bank of Canada, appointed Todd Krempasky, who is a senior portfolio manager to the firm’s Brookfield, Wisconsin, branch.
With more than 32 years of industry experience, Krempasky joins after seven years with Wells Fargo Advisors and manages $112 million in assets. His primary area of focus is personal portfolio manager for high net worth individuals. Also joining RBC with Krempasky is Paula McVeigh, senior client associate.
The wealth management house – its parent organization announced financial results last week – has been on an expansion drive, as explained by senior executives to Family Wealth Report. For example, RBC Wealth Management in early August recruited a new advisor team from Insight Private Wealth, a national financial advisor practice based in Boston and New York. Insight Private Wealth will be a part of RBC Wealth Management’s exclusive RBC private wealth service offering.
This publication recently reported the firm's hiring of Charles Carson as director of its Houston complex. Last September, RBC Wealth Management-US brought back Ann Senne to its ranks as the head of the newly created advice and solutions group. Senne previously served as senior vice president and head of wealth management product for US Bank, had spent more than 20 years of her career. The firm has made hires such as that of Angie O’Leary, the firm’s head of wealth planning and a newly-formed position; in May, it appointed Amit Sahasrabudhe to its executive ranks as head of strategy and technology - also a newly-made role. He is a former advisor at Deloitte. In 2016, the wealth management business appointed Bryan Mullin as head of its alternative investment platform. Mullin most recently served as principal and director of alternatives research at Slocum Inc., a Minneapolis-based advisory firm that specializes in serving institutional investors.
