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RBC Dain Rauscher Taps UBS in Senior East Coast Hires

Stephen Harris

20 April 2006

Minneapolis-based RBC Dain Rauscher has hired two former UBS wealth managers in its newly formed Jericho, New York branch in an attempt expand its reach into Long Island. William Flanagan and Gordon Lamb had spend more than three years at UBS, producing over $1 million in annual commissions and fees with around $150 million in client assets, according to Dow Jones Newswire. Prior to joining UBS, Mr Flanagan worked at Smith Barney and Mr Lamb was with Citigroup. The Jericho branch of RBC Dain Rauscher now consists of seven brokers and is managed by James Vandewalle, who was tapped from Legg Mason Wood Walker.