Maeter joined RBC in 2010 from HSBC where she had ultimately been head of investments after building and managing the high net worth team and launching the sales management division in London.
Prior to her time at HSBC she held several positions at JPMorgan starting on the derivatives desk.
In a statement to all employees in the British Isles and Caribbean, seen by Portfolio Adviser, Stuart Rutledge, head of RBC Wealth Management – British Isles and Caribbean, said: “It is with regret that I announce that Tracy Maeter has decided to leave RBC to pursue an opportunity within the industry.
“Since joining RBC Wealth Management in 2010, Tracy has been successful in building a world class investment platform in the British Isles and has been a trusted and valued member of our Operating Committee.
“I would like to thank Tracy for her wide-ranging and considerable contributions during her time here and wish her all the best for the future.”
Succession plan
Despite only being at the firm for just shy of three years Maeter is said to have made a big contribution to the business. She will be there for a few more days and then have a gap before starting her new role at a competitor.
Lynne Jones and David McFadzean are to act as interim co-heads of investments for the British Isles until further details can be announced.
RBC Wealth Management is a division of Royal Bank of Canada, the largest bank in Canada with CDN$815bn in total assets and CDN$709.9bn in assets under administration.
The wealth management arm of the business serves high-net-worth and ultra-high-net-worth clients across the globe and has been present in London since 1910.
