NEW YORK CITY (March 11, 2014) – RBC Wealth Management-U.S. announced that Kevin Fairs has joined its U.S. and International Private Banking team as Head of New York Private Banking and Transnational Strategy. Fairs is based in New York City and reports to Julian Stienstra, Managing Director of U.S. and International Private Banking at RBC Wealth Management – U.S.
In his new role, Fairs will focus on the business development of the New York private banking business, with responsibility for driving business growth and recruiting experienced, globally-minded private bankers. The addition of Fairs represents RBC’s commitment to grow and strengthen its New York operations in the international and U.S. private banking business with its global ultra high-net-worth and high-net-worth client segments.
“I am happy to welcome Kevin to our international team,” said Julian Stienstra. “His in-depth understanding of ultra high-net-worth client needs and his strong understanding of how to create a differentiated client experience makes him a valuable asset to growing our New York Private Banking business.”
Fairs joined RBC in December 2011 as Director of Strategy for Global Trust in the United Kingdom and the United States, and was subsequently named Head of Sales Strategy and Client Experience.
Prior to joining RBC, Fairs held a director role at Scotiabank where he was responsible for recruiting and developing wealth management teams in its North American retail advisory and private client group. Fairs has also held roles at Lloyds Bank and Santander.
Fairs is also a steward in the community through his support of the arts, providing leadership to a number of organizations.
In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Capital Markets, LLC. is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges. RBC Wealth Management has more than $260 billion of assets under administration and nearly 2,000 financial advisors operating in 190 locations in 42 states. Recently RBC Wealth Management was ranked “Highest in Investor Satisfaction With Full Service Brokerage Firms” in the J.D. Power & Associates 2013 Full Service Investor Satisfaction StudySM. For more information, visit jdpower.com.
Jonell Lundquist, RBC Wealth Management: 612-371-2239 or email@example.com
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