RBC Advisor Services announced Tuesday that it has recruited Christian Widen who will serve as a senior vice president in its New York City office.
In this position, Widen will be responsible for overseeing and coordinating the various aspect of new business development for RBC Advisors, a company spokesperson confirmed.
Widen has 15 years of industry experience and he specializes in RIA custody, clearing and brokerage services. According to FINRA, Widen was a vice president at JPMorgan Chase & Co. where he spent three years. He was responsible for growing a regional client base and increasing assets held at the firm throughout the tri-state area. While at JPMorgan, he closed over $1 billion of new assets, a RBC spokesperson confirmed.
Before that, he was a managing director with Bear Stearns & Co. Inc. Prior to that, he was a vice president for Fidelity Investments Institutional Wealth Services. In these roles, Widen’s key responsibilities were to assist registered investment advisors in building their practices through the relationship with their custodians.
“RBC offers advisors the resources and capabilities of large wirehouse firms with the economy of scale needed for independent advisors,” Widen said in a press release. “I look forward to showcasing the unique capabilities that RBC Advisor Services offers to this market and demonstrating the value of partnering with a full-service, wealth management focused custody and clearing firm.”
Over the past month, it has been reported that RBC has been adding top executives and advisors to their wealth management and advisory services nationwide. Last week, Jason Braunstein was recruited to RBC’s Arizona operation to serve as the first vice president and producing branch manager. In July, Kevin Williams, an MSSB branch director was recruited to RBC.
“Our mission is to seek out the best and brightest advisors, and we are dedicated to working with outstanding individuals,” Craig Gordon, director of RBC Correspondent and Advisor Services, said in a statement to On Wall Street.