RBC Welcomes Multi-Generational Team The Inter Alia Group in Portland, OR
“RBC Wealth Management offered our clients the scale, capabilities, and strong balance sheet that comes from one of the largest financial institutions in North America. What we found attractive was that this benefit is paired with a more boutique atmosphere and a flat management structure, which empowers us to deliver the customized solutions that our clients deserve and expect.”
~ Patrick Cummings, CFP®, Managing Director – Financial Advisor, Senior Portfolio Manager at RBC Wealth Management
Stephen J. Groth, Patrick M. Cummings, Robert Chavez and Katrina R. Stump managed $1B in client assets and were all “Merrill lifers” with a collective 73 years of experience at the firm.
But changes both at Merrill and throughout the industry landscape prompted the team to proactively perform due diligence, with the goal of determining whether they were best positioned to service their clients in the future.
What they found was that RBC delivered the perfect combination of financial strength and stability, a more entrepreneurial culture, and the control to customize the client experience. This aligned perfectly with the team’s approach—which focuses on helping high-net-worth clients manage their wealth within the context of their overall lives and goals.
The team’s new name “Inter Alia” – Latin for “among other things” – reflects their focus and underscores their commitment to delivering more than just investments.
The Inter Alia Group is excited about the future at RBC and the opportunity to deliver a truly holistic wealth management experience to their valued clients.
Diamond Consultants is pleased to have helped Stephen, Patrick, Robert, Katrina and their team in their exploration process and look forward to hearing more about Inter Alia’s future success.
More About this Move….
- RBC Wealth Lures $1B Practice from Merrill
- Team of Merrill Lifers with Billion-Dollar Book Jumps to RBC in Oregon
- Merrill Lynch Loses $1 Billion Team To RBC