DJIA38904.04 307.06
S&P 5005204.34 57.13
NASDAQ16248.52 199.44
Russell 20002060.10 8.70
German DAX18163.94 -238.49
FTSE 1007911.16 -64.73
CAC 408061.31 -90.24
EuroStoxx 505013.35 -57.20
Nikkei 22538992.08 -781.06
Hang Seng16723.92 -1.18
Shanghai Comp3069.30 -5.66
KOSPI2714.21 -27.79
Bloomberg Comm IDX102.90 0.64
WTI Crude-fut91.17 0.01
Brent Crude-fut86.57 1.15
Natural Gas1.79 0.00
Gasoline-fut2.79 -0.01
Gold-fut2345.40 33.50
Silver-fut27.50 0.46
Platinum-fut940.60 -5.50
Palladium-fut1007.40 -23.60
Copper-fut423.60 1.85
Aluminum-spot1815.00 0.00
Coffee-fut212.50 5.75
Soybeans-fut1185.00 5.00
Wheat-fut567.25 11.00
Bitcoin67976.00 304.00
Ethereum USD3328.10 56.27
Litecoin98.71 0.69
Dogecoin0.18 0.00
EUR/USD1.0862 0.0007
USD/JPY151.72 -0.02
GBP/USD1.2678 0.0016
USD/CHF0.9044 -0.0014
USD IDX104.28 0.08
US 10-Yr TR4.4 0.091
GER 10-Yr TR2.406 0.007
UK 10-Yr TR4.064 -0.005
JAP 10-Yr TR0.771 -0.004
Fed Funds5.5 0
SOFR5.32 0

Sub Markets

Topics

Financial Advisory  + Wealth Management  | 
$1.1B Wealth Manager Joins RBC Wealth from UBS  

$1.1B Wealth Manager Joins RBC Wealth from UBS  

RBC Wealth Management – U.S. has recruited The Centennial Wealth Management Group, a nine-member team managing approximately $1.1 billion in client assets, to open a new branch in Purchase, NY, in Westchester County. The group joins from UBS and serves a high-net-worth client base that includes professional athletes, medical professionals, entrepreneurs, and business executives. 

The team is led by Managing Directors Glenn R. Bianco and Michael G. Daly, alongside George P. Kanas, SVP and senior portfolio manager – portfolio focus; Marisa Bianco, First VP – financial advisor; Marc N. Colamaria, First VP and portfolio manager – portfolio focus; Benjamin O. Kanas, senior financial associate; Deirdre Joyce, senior business associate; and senior registered client associates Veronica Casanova and Henriette O’Connor. 

“The Centennial Wealth Management Group, formerly one of UBS’s elite teams, has helped clients through four recessions, a pandemic and several market corrections,” said John Moran, New York Metro Complex Director at RBC. “This team is skilled at navigating various aspects of wealth planning, and we are excited they decided to join RBC Wealth Management.” 

The move follows RBC’s September 2024 addition of the Atlanta-based 770 Group, which managed $2.8 billion in assets, as the firm continues to build its U.S. wealth management footprint through the recruitment of top-tier advisor teams. 

Pictured: The Centennial Group team 

Connect

Inside The Story

RBC Wealth Management

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.