RBC Wealth Management has lured advisor Todd Watson from Wells Fargo Advisors, who previously managed $116m in assets.
Watson will join RBC’s office in Fort Lauderdale, Florida.
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In his new role, he will report to branch director Jim Jahnsen. Watson previously produced $655,000 in annual revenue at Wells Fargo.
Watson, who joined Wells Fargo in 2009, previously worked at firms such as Prudential Securities, Janney Montgomery Scott and Morgan Keegan.
In 2014, RBC has hired 83 financial advisors with more than $8bn in assets under administration.
At present, RBC has about 2,000 financial advisors and more than $278bn of assets under administration.
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