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"[People] don’t expect retirement to begin with social security and sit on the back deck in a lounge chair for the rest of their lives. This group really wants to remain active."

Jeff Cimini, head of personal retirement at Merrill Lynch

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RBC Wealth Management has added Don Reynolds, II, as senior vice president and financial advisor to the Fort Worth, TX office, according to Kirk High, branch director. Also joining Reynolds are client associates Don Reynolds, III, Carolyn Roy and Barbara Ramirez.

Reynolds joins from Raymond James, with more than $100 million in assets under management and $1.4 million in production. Overall, he has over 35 years of industry experience, the firm said. 

In other recent hires, RBC brought in four financial advisors from Morgan Stanley Smith Barney for its Houston, TX office in April. The same week, it added five advisors – also from MSSB - with combined assets of $530 million, to its New York office.

RBC Wealth Management operates as a division of New York-listed RBC; it has over $227 billion of assets under administration and nearly 2,000 financial advisors operating in 200 locations across 42 states.

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