RBC Wealth Management hires two First Republic FAs with $555M in California



SAN FRANCISCO and NEWPORT BEACH, Calif. (April 25, 2023) – RBC Wealth Management has welcomed two veteran solo financial advisors from First Republic in California, bringing approximately $555 million in total client assets.

Brian Addington, Managing Director – Financial Advisor, joined RBC Wealth Management’s San Francisco office with $300 million in client assets and 25 years of industry experience.

Theresa Allen, Managing Director – Financial Advisor, joined the firm’s Newport Beach office with $255 million in client assets and 30 years of experience.

Both advisors cited the firm’s supportive, advisor-centric culture as a key factor behind their decisions to move, as well as the strength and stability of RBC.

“We are thrilled to welcome Brian to the firm, as he shares our client-first values and is well-respected in the San Francisco community for developing lasting relationships with clients,” said Michael Schipper, Northern California Complex Director at RBC Wealth Management – U.S.

“Theresa is another fantastic addition to our rapidly growing Newport Beach office,” said Michael Melton, Southern California Complex Director at RBC Wealth Management – U.S. “She goes above and beyond to provide exceptional client service and innovative strategies that support her clients’ financial needs and goals.”

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 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.

Media Contact

Hannah Pederson, RBC Wealth Management, 612-371-2365, hannah.pederson@rbc.com