Canada's RBC Wealth Management has added the Evans group - with over $177 million in assets under management and $1.15 million in production - to its Denver, CO, tech office.

Canada's RBC Wealth Management has added the Evans group - with over $177 million in assets under management and $1.15 million in production - to its Denver, CO, tech office, director complex Dan Ball has announced.

The group - latterly of Bank of America's Merrill Lynch - is comprised of David Evans, senior vice president and financial advisor, Nepeta Godec, senior financial associate, and Patty Eckelberry, senior client associate. Evans has 36 years of industry experience, while Godec and Eckelberry join with 32 and 27 years respectively. 

Continuing a number of recent senior moves, last month the bank intensified focus on its UHNW segment, appointing Steve Sokić as head of ultra high net worth, trust, fiduciary and tax - a newly-created role in which he relocated from Jersey to Toronto.

Later, the firm boosted its transatlantic private client team in London, taking on Shehreen Quayyum and Jaime Zuloaga as directors for the Americas desk. Quayyuum – formerly of HSBC – and Zuloaga – formerly of Barclays – report to Martin Heale, who was appointed head of Americas in July last year.

The existence of an Americas desk highlights how RBC, which holds a license from the Securities and Exchange Commission, is making a virtue out of being a North American bank at a time when some large non-US firms have ceased providing services to expat US citizens due to the regulatory burdens perceived in the US FATCA Act. 

In late August, it hired former HSBC relationship manager Ben Taylor as a director on its London-based Middle East and Levant desk.

In the US, RBC Wealth Management operates as a division of RBC Capital Markets. RBC Wealth Management has over $227 billion of AuM and nearly 2,000 financial advisors operating across 42 states.