RBC Recruits Wirehouse Team Managing $213M in Assets
RBC Wealth Management pulled in a Morgan Stanley advisor duo that managed $213 million in assets.
Advisors Deborah Sullivan and Christine Saitta joined RBC's office in Sewickley, Pa., a suburb of Pittsburgh. The two advisors will report to Kenneth Ross, senior managing director of RBC's Pittsburgh complex.
Sullivan and Saitta generated $1.7 million in annual revenue while at Morgan, according to a statement from RBC.
The firm also said that it has so far this fiscal year recruited 80 advisors managing about $6 billion in assets and generating about $50 million in annual revenue.
Senior team member Sullivan has almost three decades of experience in the industry. She had been at Morgan for seven years, according to FINRA records. Prior to that she worked at Hefren-Tillotson from 1985 to 2007.
Saitta has been in the industry since 1996. She joined Hefren-Tillotson in 2002, and joined Morgan in 2007.
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