Truist advisors and their predecessor firm Deutsche Bank has been a part of my family’s history for decades. Both myself and my father, Norman Gershman, were once advisors who always had high respect for these advisors and consequently, we too have acted as trusted consultants. As the firm now folds into Truist , we have great respect the firm as terrific option, with a very strong platform and a great 1099 RIA option. Though many see this as a terrific opportunity to explore platforms options both internally (including Indie) and externally. To help these support advisors, we have created a centralized hub, called Alex Brown Pulse, as a way for them to stay on top of the most up-to-date announcements and developmental news as it pertains to their firm and the broad landscape.
Roger Gershman CEO – The Gershman Group
This article and material are not a solicitation or advice to leave their current firm. Nor is it intended as a disparagement of their current firm/platform. We encourage advisors to research their competitive options though also highly encourage to give their current employer the benefit of serious consideration first before considering a change to any competitor.
Feb 01, 2024
**Rockefeller Nabs $9.3-Million Truist Team to Open Virginia Office**
The typical pre-weekend moves came early for Rockefeller Capital Management, which on Thursday hired a team generating $9.3 million in annual revenue from Truist Bank’s wealth management unit in Virginia, according to a source familiar with the move.
January 5, 2024
**RBC nabs $610M team from Truist**
The Cypress Group will operate out of RBC’s office in Wilmington, North Carolina. RBC Wealth Management has added a five-member team that oversaw $610 million in client assets at Truist, the firm announced Friday.
October 26, 2022
**Truist advisers managing $446 million depart for D.A. Davidson**
Gary Kurtz and Michael Campos are opening an office in Lexington, South Carolina. Gary Kurtz and Michael Campos, solo advisers who together managed $446 million at Truist, have joined investment firm D.A. Davidson and will operate their firms from a new office in Lexington, South Carolina.
September 26, 2022
**North Carolina team managing $380 million joins LPL from Truist**
Benjamin Link and Steve Sexton, who are forming Vero Wealth Management in Greensboro, are the 25th team to join LPL’s Linsco platform. LPL Financial announced Monday that a team of advisers managing $380 million in North Carolina that previously was affiliated with Truist Investment Services is joining LPL’s Linsco.
January 31, 2022
**Billion-dollar Truist group moves to RBC**
The team of five advisers and three staff members is joining the firm’s office in Richmond, Virginia. A team of five advisers who managed more than $1 billion at Truist joined the Richmond, Virginia, office of RBC Wealth Management.
November 12, 2021
**Rockefeller Capital nabs $1.5 billion Truist team**
The eight-member Atlantic Group has offices in Palm Beach, Florida, and Bethesda, Maryland. An eight-member team managing $1.5 billion at Truist Investment Services in Palm Beach, Florida, and Bethesda, Maryland, has joined Rockefeller Capital Management, a New York-based firm managing $85 billion.
September 29, 2021
**Trio managing $500 million at Truist joins Raymond James**
The three-person Truist team includes Charles Mintz, Timothy Gray and Wren Mintz, and is moving to the employee unit of Raymond James. Charles Mintz, Timothy Gray and Wren Mintz, who managed $500 million at Truist Investment Services in Wilmington, North Carolina, have moved to the employee unit of Raymond James.