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.”
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, email@example.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.