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Former RBC Advisors Go Independent Through Washington Wealth Management
Eliane Chavagnon
5 December 2014
Former wirehouse advisors Eddie Barber and Russ Tobler have left RBC Wealth Management and joined Washington Wealth Management, the US independent hybrid RIA supporting fee- and commission-based independent advisor practices. Barber and Tobler have over 30 years of combined experience in the financial services sector and approximately $180 million in total assets under advisement. WWM has now recruited 12 new advisory practices since it was acquired by NFP in March, it said. As part of his transition, Barber, who managed some $140 million in assets under advisement, has affiliated with WWM as a newly-formed independent practice, Barber Investment Partners. Meanwhile, Tobler's practice, Avion Asset Management, also joined WWM as a newly formed independent practice and has assets under advisement of approximately $42 million. Headquartered in Salt Lake City, UT, both Barber Investment Partners and Avion Asset Management serve high net worth individuals and families throughout the US.