 On October 18, Wunderlich completed the purchase of five Private Client Group branches from RBC Wealth Management. The branches include Plymouth, Flint, East Lansing, and Brighton in Michigan and Beachwood, Ohio. The agreement added 32 new employees to Wunderlich Securities. Included in the group are 21 experienced Financial Advisors adding $8 million in gross production and $700 million in client assets under administration. Clearing for these branches will be provided through a new relationship with RBC Correspondent Services. These Financial Advisors have worked together over many years and were seeking to return to a regional firm. Wunderlich Securities offered this opportunity.
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