November 11, 2025
Barbara Herman Quoted
By Molly Bordoff
BC Wealth Management has launched its first expansion into Louisiana, opening a branch in New Orleans for Heller Stieffel & Noto Wealth Management’s five-person financial advisory team. The group joins the firm from UBS, bringing over $1.2 billion in client assets to RBC.
The move marks the latest in a recent string of advisor departures from UBS to RBC as the Toronto-based firm has sought to recruit high-profile teams away from its rival.
Led by Mark Heller and Diana Stieffel, the team joins RBC after nearly 17 years with UBS. Though the group carries strong ties in New Orleans, it serves clients across the country—not just in Louisiana.
“The Heller Stieffel & Noto Wealth Management team is an experienced, highly-respected group with deep roots in the New Orleans community,” says Scott Skinner, who directs RBC’s Mountain South division. “We are very excited to launch this new branch in Louisiana, welcome the team, and help support their growth.”
