RBC Wealth Management adds $1.4B advisor team in Florida

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BOCA RATON, Fla. (Sept. 3, 2020) – RBC Wealth Management is pleased to welcome a $1.4 billion advisor team focused on client relationships and wealth planning for multi-generation and high-net-worth families to its Boca Raton office. The new team – the second to move to RBC’s Florida complex in as many weeks – joins at a time of unprecedented recruiting momentum for the organization, with close to $20 billion in assets recruited year-to-date. 

Joining RBC Wealth Management today is the Glasband Stempel Wealth Management Group, which includes the following advisors:

  • Eric Glasband, Managing Director – Financial Advisor, who has 18 years of industry experience
  • Jonathan Stempel, Senior Vice President – Financial Advisor, who has 19 years of experience
  • Justin Hanlon, CIMA®, CPFA, Senior Vice President – Financial Advisor, who has 17 years of experience
  • Matthew Kutner, First Vice President – Financial Advisor, who has 17 years of experience
  • Ryan Burke, Financial Advisor, who has 4 years of experience and will operate out of RBC Wealth Management’s Palm Beach Gardens office

RBC Wealth Management’s local and national leadership, strong client-first culture, and access to City National Bank were all strong attributes that led to the decision to transition, according to Glasband.

“We chose RBC Wealth Management for many reasons, but most importantly for our clients,” he added. “RBC’s focus and investment into its digital client experience is second to none, and the easy-to-use and interactive technology platform will allow us to strengthen our communication and collaboration with our clients. We feel that now is the best time to move our practice to a firm that empowers its financial advisors and emphasizes the relationship and experience between our team and our valued clients.”

“The Glasband Stempel Wealth Management Group is a team that truly puts their clients first in all they do, and we are thrilled to welcome them to the RBC family in Florida,” said Kirstin Turner, director of RBC’s Florida complex. “They take pride in fostering deep client relationships that span generations and creating the best-possible experiences for their clients.”

RBC’s ongoing investment in advisor recruiting continues to create momentum for the organization. Q3 2020 was one of RBC’s strongest quarters ever, with a 112% increase in production hired compared to Q3 2019, and five of the past nine months have been best-ever for recruiting at the firm.  

Advisor photos are available here.

About RBC Wealth Management – U.S.

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 $414 billion in total client assets with more than 2,000 financial advisors operating in 179 locations in 42 states. 

Media Contact:

Tim Nelson, RBC Wealth Management, 612-371-2239, or tim.nelson@rbc.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.