A Virginia advisory team with more than $915 million in assets under management is moving to RBC Wealth Management. The firm is being joined by Truist and will work out of RBC's Tysons office.
The Brown-Brinkley Group includes co-managing directors Alexander S. Brown and William Brinkley, who boast 22 and 36 years of experience in the financial services industry, respectively. Taylor Brinkley (William's son) is also on board as a financial advisor.
The team moving to RBC also includes senior business associates Lane Thomas and Victoria Roberts, senior finance associate Hunter Brammer, registered client associate Clary Kacvinsky and client associates John Kim and Jan Conner.
According to Brown, the team chose to make the move to RBC for its “supportive, customer-first” culture as well as additional resources.
According to SEC filings, Brown first joined the industry at First Union Securities in 2001. After less than a year, he joined Wells Fargo for eight years, followed by several multi-year positions at Scott & Stringfellow and BB&T Securities before to land on Truist in 2021.
Brinkley joined the industry in 1989 and, in 1991, began an 18-year tenure at Wells Fargo, where he met Brown. He also joined Scott & Stringfellow and BB&T, before joining Truist in 2021.
A few weeks ago, RBC picked a team with $855 million in assets under management by JP Morgan. The team included consultant Michael Taggart (who previously worked at Merrill Lynch). The team includes several support staff and will work out of the Florham Park, NJ, location.
Additionally, in early May, RBC added two former Merrill advisors with about $900 million in combined assets to its Bel Air, Md., office. RBC has about $583 billion in total client assets, with more more than 2,100 advisors working in nearly 200 locations in 42 states.