November 10, 2025
By Alex Ortolani
RBC Wealth Management has expanded into the state of Louisiana, opening a new branch in New Orleans with a five-person team that had been managing over $1.2 billion in client assets for UBS.
The Heller Stieffel & Noto Wealth Management team, led by Mark Heller and Diana Dalton Stieffel, joined RBC after being with UBS for over 16 years, according to BrokerCheck.
The office is RBC’s first in the state as it seeks to expand across the United States. The Toronto-based wealth manager, a subsidiary of the Royal Bank of Canada, now has 195 offices in the U.S. across 43 states.
The Heller Stieffel & Noto Wealth Management team includes three financial advisors and two support staff. The firm has client relationships in various states, not just Louisiana.
“The Heller Stieffel & Noto Wealth Management team is an experienced, highly-respected group with deep roots in the New Orleans community,” Scott Skinner, RBC’s mountain south divisional director, said in a statement. “We are very excited to launch this new branch in Louisiana, welcome the team and help support their growth.”
