MINNEAPOLIS, Minn. (November 8, 2016) – RBC Correspondent Services, one of the nation’s largest clearing firms for independent broker-dealers, and RBC Advisor Services, a premier boutique custodian for registered investment advisors, announced today that Craig Gordon has re-joined the firm as a Chief of Strategic Development, Senior Vice President in Business Development. Gordon will be responsible for supporting and driving business growth for both business channels and will report to Greg Plifka, Director of Business Development.
“I’m delighted to welcome Craig to our exceptional team”, said Greg Plifka. “Craig joins RBC at an incredibly exciting time for our business, particularly as we expand our client offering with new products and innovative technology solutions.”
Gordon is a seasoned financial services professional, with 30 years of industry experience. He spent 13 years at RBC Correspondent and RBC Advisor Services (RBC CAS) where he held the roles of Director and President of the firms clearing and custody business for both broker-dealers as well as Registered Investment Advisors. Gordon most recently was head of clearing at DST Market Services, LLC, where he was responsible for strategy, management and growth of the firms clearing and custody business.
“We are pleased to welcome Craig back to RBC,” said Brett Thorne, head of RBC Correspondent and RBC Advisor Services. “Attracting new clients is a key focus to our continued growth for our correspondent and RIA platforms; Craig’s experience and leadership will be a perfect complement to the existing sales team. We expect Craig to help us further penetrate markets in which we have already had success and to help us develop new areas within our business scope.”
Earlier this year, RBC CAS hired Michael Belkin, a 32 year industry veteran, as a Business Development Manager.
The five person RBC CAS business development team, led by Greg Plifka, has an impressive combined 210 years of industry experience.
RBC Correspondent Services is the second-largest clearing provider in the United States (InvestmentNews, August 2016). The business specializes in providing comprehensive clearing, custody and execution services to independent broker dealers and their advisors who seek knowledgeable support, powerful trading tools and platforms, expanded investment choices, compelling advisor development programs and high quality proprietary research.RBC Advisor Services is a full-service custody partner for RIA firms. RBC AS provides tailored access to a sophisticated wealth management and brokerage platform. Offering capabilities and solutions of an industry leader and providing personalized service and support in helping advisors manage their clients’ wealth.RBC Correspondent Services and RBC Advisor Services are divisions of RBC Capital Markets, LLC, a wholly owned subsidiary of, and separate legal entity from, Royal Bank of Canada.
For more information, please visit www.rbccorrespondentservices.com or www.rbcadvisorservices.com.
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.