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Wednesday, August 19, 2026The Morning Brief →Sign in
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RBC Wealth Management

In PWD coverage since August 14, 2026 · 3 stories
2Moves on the wire · 12 months
Talent flow · 12 monthsOn the wire →
Advisor
Jun 30 · team liftout
David D. Powell
Jun 9 · advisor move
PWD coverage
move

A 35-day round trip shows the risk in a wirehouse transition

David Powell left Morgan Stanley for RBC and was back in a month. The episode is a lesson in what a shared book means for a transition package.
Moves · Aug 16Merrill's $129 billion institutional team breaks away to OpenArc
RIA · Aug 14Dallas surpasses New York in financial jobs share
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