Simon Smales and Sean Costello have joined as directors in the firm’s London-based UK private client wealth management team run by Philip Harris.
Smales spent the past decade at HSBC Private Bank where he was a director responsible for a portfolio of UK private clients. Latterly he worked closely with HSBC’s global banking and markets team.
Costello joins from Barclays where he was a vice president in the ultra high net worth and family office group working in London and New York. Prior to this, he worked for Lehman Brothers and Morgan Stanley in New York.
At RBC Wealth Management they will concentrate on their respective private client management expertise.
Commenting on future plans for the team, Mike Moodie, head of RBC Wealth Management – UK said: “Market insight and strong networks are crucial in a fiercely competitive and volatile environment. Achieving our ambitious growth targets means that each team member must be capable of contributing to the high-quality client experience that we pride ourselves on.”
