NEWPORT BEACH, Calif. (April 10, 2023) – A veteran financial advisor team from First Republic has moved to RBC Wealth Management in Newport Beach with approximately $1 billion in client assets.
The Todd Halbrook and Adam MacDonald Wealth Management Group includes:
For over two decades, the team has provided high-net-worth individuals, families and businesses with tailored strategies and advice to address their unique financial goals and concerns.
“We chose to move our business to RBC Wealth Management for its long-standing reputation of financial strength, integrity, and dedication to supporting advisors and clients,” Halbrook said.
“Todd, Adam and their team do an incredible job understanding their clients’ individual needs and developing custom strategies for their long-term financial goals,” said Michael Melton, Southern California Complex Director at RBC Wealth Management – U.S. “The genuine care they show their clients is a great fit for our firm.”
“RBC Wealth Management continues to be the home of best fit for advisors who are looking to land at a firm known for integrity and fiscal security, as well as a client-centric focus,” said Tom Sagissor, President of RBC Wealth Management – U.S. “Not only do we feel fortunate to welcome this fantastic team of professionals, but we are also proud to be the choice of some of the industry’s top advisors amid ongoing market volatility.”
In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Wealth Management 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 $510 billion in total client assets with more than 2,100 financial advisors operating in 187 locations in 42 states.
Hannah Pederson, RBC Wealth Management, 612-371-2365, hannah.pederson@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.