RBC Dominion Securities, the retail-brokerage arm of Royal Bank of Canada, has hired former UBS private banker O J Tuters as an investment advisor at its Toronto office, Dow Jones reports.  

According to the publication, Tuters was a UBS veteran and left the firm’s key client group, which caters for those with at least C$50 million (around $47.7 million) to invest, earlier this year.