RBC Wealth Management, part of Royal Bank of Canada, has continued its raid on UBS in the US with the hire of Alan Danielson and Robert Brown as vice-president-financial consultants for its Hunt Valley, Maryland office.

Mr Danielson and Mr Brown join RBC Wealth Management from the Balitimore office UBS.

In their new roles, the duo report to Michael Crowell, director of RBC’s Hunt Valley complex.

“We’re excited to welcome Al and Bob to RBC Wealth Management. They bring a strong industry background and their commitment to placing the needs of clients first will help us grow in this vital area,” said Mr Crowell.     

RBC Wealth Management also recently announced the appointment of Joseph Di Vito and two of his colleagues from UBS.

Mr DiVito, along with his brother David Di Vito, a financial consultant trainee, and Michelle Cunningham, a senior registered client associate, joined RBC’s Pheonix, Arizona office. While at UBS, the team – known as the Di Vito Consulting Group – had $1.1 million in trailing 12-month production and managed $105 million in client assets.

RBC Wealth Management has approximately $180.8 billion in global assets under management and $410.9 billion in global assets under administration.  Internationally, RBC Wealth Management operates across 35 offices in the UK and Ireland, Europe, Asia, the Middle East, the Caribbean, Latin America and North America.