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Deals Of The Day: The Latest In Wealth Management M&A – RBC Wealth Management
Editorial Staff
14 January 2026
RBC Wealth Management Ellsworth, who has more than 20 years of financial services experience, has built a practice centered on employer-sponsored retirement plans and advisory services. Fair, who joined the team seven years ago, strengthened their expertise in the retirement space. “RBC’s commitment to retirement solutions and advisor support aligns perfectly with how our team serves clients,” Ellsworth said. “This transition allows our entire team to leverage RBC’s institutional consulting resources while maintaining the consultative, relationship-driven approach our clients value,” added Fair. RBC Wealth Management says it is continuing to attract “top-tier financial” advisors across the country. The Houston Memorial branch outgrew an existing space and expanded into the new office while welcoming the Ellsworth Fair Wealth Management Group.
RBC Wealth Management – US has welcomed a team overseeing $670 million in client assets to its Houston Memorial branch in the Texas South Complex. The Ellsworth Fair Wealth Management Group, led by financial advisors Steve Ellsworth and Marcus Fair, have joined from Robert W Baird & Co.