$400M Ex-UBS Father-and-Son Duo Flees to RBC 

A pair of financial advisors have ditched UBS, where they oversaw about $400 million in total client assets, to join RBC Wealth Management. 

Advisors Herbert “Hank” Rottenberg and Matthew Rottenberg, who function as Rottenberg Wealth Management Group in Florham Park, New Jersey, joined RBC on January 15, alongside their client associate Giancarlo Intili, according to the firm.  

“The Rottenberg Wealth Management Group was attracted to the strength of RBC Wealth Management, its high-net-worth capabilities, and access to local leadership,” Steve Ornstein, RBC’s New Jersey complex director, said. 

The addition marks RBC’s third team to join the firm from UBS for this year. Earlier this month, RBC added The Fogarty Hernandez Wealth Management Group, which manages $660 million in total client assets in Los Angeles, and The Creative Strategies for Modern Wealth Group, which oversees $770 million in total client assets in Upstate New York. 

RBC Wealth Management, a subsidiary of RBC Capital Markets, has about $259 billion for 477,674 accounts, according to its latest Form ADV filed in September. 

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Pictured: The Rottenberg Wealth Management Group