RBC Wealth Management is expanding its US reach by poaching a team from UBS with US$1.2 billion in assets under management.

The Canadian bank has expanded into Lousiana with a branch in New Orleans on the back of an anchored team of five from Heller Stieffel & Noto Wealth Management  who was most recently affiliated with UBS Wealth Management with over US$1.2 billion in assets under management (AuM). The team members all have strong roots to New Orleans with a nationwide reach for client relations, RBC announced on Monday. They comprise three financial advisors Mark Heller, Diana Dalton Stieffel and A