The latest moves, appointments and personnel changes in North American wealth management.

Royal Bank of Canada 
RBC Wealth Management – US, part of Royal Bank of Canada, has added the Turnock Bonacci Group to its Annapolis, Maryland branch. The team comes from Morgan Stanley, where it looked after nearly $360 million in client assets.

The group includes:
Kevin Turnock, managing director, financial advisor and senior portfolio manager; Anthony Bonacci, senior vice president, financial advisor and senior portfolio manager; Michael Norris, senior business associate; and Julia Harrison, investment associate.

"The Turnock Bonacci Group is a valuable addition to our Mid-Atlantic region,” Warren Bischoff, Mid-Atlantic complex director at RBC Wealth Management, said.

Raymond James 
A former LPL Financial team of advisors, managing $385 million in client money, has moved to the independent advisor arm of Raymond James.

The team comprises advisors J Steven Bush, Shane Swift, James Schmertmann, Brett Johnson and Eric VanWinkle. It operates as SBS Financial in Moline, Illinois and is joined by client services manager Sarah Johanson, client services assistant Clarissa Conduff, and client services associate Cameron Drury.

In a separate announcement, Kirk Bell has been named president of the independent contractor division (ICD) of Raymond James Financial Services, effective April 1. Bell is joining Raymond James’ senior leadership team and the private client group’s executive leadership team.

“Over his nearly 26 years with the firm, Kirk has embodied Raymond James’ culture and values and consistently led from a people-first approach,” PCG president Tash Elwyn said.

Bell is succeeding Shannon Reid, who resigned in December to pursue another opportunity after nearly two decades with the firm.

RJFS interim president and division director David Sisemore will resume his divisional leadership role through fiscal year end, then serve in a consulting capacity until realizing his long-term retirement plan in December.