In a major move, Richard J. Smalley and Ali M. Girardi, who managed a staggering $400 million in assets, have transitioned from Morgan Stanley to form the Smalley Girardi Group at RBC Wealth Management in Westport, Connecticut. This strategic shift highlights RBC's ongoing recruitment drive, following its recent capture of a $2.8 billion team from UBS in Atlanta. 🚀
Having witnessed such dynamic changes in the industry, it's evident that strategic recruitment is vital for sustained growth. A well-executed transition not only boosts a firm's portfolio but also fosters new growth opportunities for the transitioning advisors.
🤔 What strategies have you found effective in making such significant moves seamless? How does your organization support advisors during transitions to ensure both growth and stability?
The financial services landscape is ripe with opportunities for those who plan and execute carefully. Let's discuss strategies that have proven successful in these transitions.
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