RBC today announced that it has added a longtime Wells Fargo financial advisor in Memphis, Tenn., who managed about $360 million in client assets.
Charles Cannon, senior vice president, will be based in RBC’s satellite office in Memphis until a permanent branch is built, the release said.
Cannon began his career in 1977 with Morgan Keegan & Company Inc., according to BrokerCheck. He worked for several other firms, including Shearson Lehman Hutton Inc., and Prudential Securities Inc., before joining Wells Fargo in1999.
“I chose to join RBC Wealth Management for its strong reputation of financial stability and focus on putting the needs of clients first,” he said in a statement. “The firm has the enhanced capabilities and resources of a global company, along with an advisor friendly culture."
Mark Borcherding, Kansas City complex director, said Cannon has earned great respect for his financial principles and disciplined investment strategies. “He develops long-lasting relationships and provides clients with top-tier personal service and professionalism. He will make a great addition to the firm.”
Founded in 1909, RBC Wealth Management (U.S.) has $508 billion in total client assets with more than 2,100 financial advisors operating in 184 locations in 42 states.