September 23, 2021
Anjelika Gretskaia | inventory.adobe.com
RBC Wealth Administration-U.S. continues to maintain up the recruiting stress on its bigger wirehouse rivals and has pulled a four-person Wells Fargo Advisors staff in Lincoln, Nebraska.
The group is led by 20-plus-year business veterans Jerold Doell Jr. and Douglas Kuszak, who made the transfer together with affiliate monetary advisor Gregory Yank and shopper affiliate Kelli Kruse, and joined RBC on Thursday, the agency stated in an announcement.
Now often known as the Doell Kuszak Group, the staff managed about $450 million in shopper property at their former agency, RBC stated. They may not instantly be reached for touch upon the transfer Thursday and an RBC spokeswoman declined to touch upon the group’s manufacturing.
Doell, a 22-year dealer, began with Ameritas Funding Corp. in 1999, moved to UFS Securities in 2001 for a roughly six-month keep and joined Wells that very same yr, based on his BrokerCheck report.
“RBC Wealth Administration has a robust popularity of monetary stability and a deal with placing the wants of purchasers first,” Doell stated in a ready assertion. “The agency’s client-first tradition and backing by a robust, world chief will present the very best of each worlds for our purchasers.”
Kuszak, a 27-year dealer, began with First Traders Corp. in 1993, and joined Wells in 2000, based on his BrokerCheck report.
Affiliate advisor Gregory Yank, with 14 years within the business, first registered in 1988 with NYLIFE Securities, the place he spent lower than a yr, and has been registered with Wells since 2007, based on his BrokerCheck report. Consumer affiliate Kelli Kruse has spent her whole 19 years within the business with Wells, based on the database.
“The Doell Kuszak Group is an extremely proficient staff identified for his or her integrity, professionalism and top-tier shopper service,” Mark Borcherding, Kansas Metropolis advanced director for RBC, stated in a ready assertion.
A Wells Fargo spokeswoman declined to touch upon the departure.
RBC this month additionally employed a Merrill Lynch staff in Oregon that had been managing about $1 billion in shopper property. It additionally misplaced a New Jersey dealer producing $2.6 million from a $500 million e-book to UBS Wealth Administration USA.
Altogether, RBC Wealth Administration has $528 billion in complete shopper property and greater than 2,100 monetary advisors, the agency stated.