A UBS advisor managing $300 million in client assets has left the wirehouse for a position with RBC Wealth Management, according to the firm.
Greg Kenzik, a former UBS advisor with 29 years of industry experience, has joined RBC's office in Paramus, N.J. Kenzik generated $1.35 million in annual production while at UBS, RBC said in a statement.
The move comes after RBC recently recruited a Morgan Stanley team that generated $1.3 million in annual revenue.
Kenzik had also been with Morgan prior to joining UBS in 2012, according to FINRA BrokerCheck records. He also worked for Citigroup and Merrill Lynch, and got his start in the financial securities industry with E.F. Hutton in 1986, according to BrokerCheck.
Kenzik will report to Scott Fergang, RBC's branch manager in Paramus, N.J.