Wealth Man Hires Branch DirectorJUNE 23, 2009, 11:56 A.M. ET
By Brett Philbin
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--RBC Wealth Management, a unit of Royal Bank of Canada (RY), recently hired Howard Barkley from Morgan Stanley Smith Barney as branch director of its Salinas, Calif., office.
Barkley, a 20-year industry veteran, will oversee three financial consultants - the firm's name for financial advisers - and two other employees in the office.
Before joining RBC, Barkley worked at Citigroup Inc. (C) for nearly 16 years, according to Financial Industry Regulatory Authority records.
Morgan Stanley (MS) and Smith Barney completed their brokerage joint venture earlier this month.