RBC Wealth Management has continued its recruiting drive, nabbing four million-dollar advisors from UBS.

Joe Di Vito, along with his younger brother David, joined RBC’s office in Phoenix, with client assets of $105 million and trailing-12 production of $1.1 million. Joe Di Vito spent over a decade at UBS, and prior to that spent five years at Smith Barney, according to FINRA filings.

RBC also has been raiding the UBS branch in Baltimore. The firm recruited Alan Danielson and Robert Brown Jr. to its Hunt Valley, Md., office. The pair previously generated over $1 million on client assets of $137 million. Danielson is a 24-year veteran of UBS/Paine Webber and Brown has also spent his entire 12-year career at UBS. In a statement, they said they were attracted to RBC because of the “financial strength, stability and strong reputation” of the firm.

In the first five months of its fiscal year, starting in November 2008, RBC has recruited 147 advisors, compared to 157 for its last full fiscal year. It has managed to continue to attract advisors despite tinkering with its recruitment package to reflect the market downturn. If an advisor’s production over the last six months, when annualized, is more than 10% less than the their production over the last 12 months, the deal is adjusted to the annualized trailing-six level. This could potentially leave advisors with less money upfront, however their hurdles for receiving their back-end bonuses would also be lower and therefore easier to meet.