RBC Wealth Management–U.S. has added the Nepa/Susco Team to its Pittsburgh North branch, expanding its presence in western Pennsylvania with a group that previously oversaw more than $1 billion in client assets at UBS.
The team includes Raymond Nepa, Managing Director and Financial Advisor; Jennifer Susco, CFP, Managing Director and Financial Advisor; Julia Munchel, CFP, First Vice President and Financial Advisor; Karen Venneri, Senior Investment Associate; and Max Freed, Client Associate.
Collectively, the group brings approximately 70 years of financial services experience and works with ultra-high-net-worth and affluent individuals, families, and business executives.
The Nepa/Susco Team provides advice across multiple areas of wealth management, including investment strategy, risk management, estate planning, retirement planning, and education funding. RBC said the team has developed long-standing relationships with clients and has experience helping families navigate market volatility and significant financial milestones.
The move from UBS gives the team access to RBC Wealth Management’s broader advisory platform, planning capabilities, investment resources, and institutional infrastructure. RBC said the group was attracted by the firm’s collaborative culture, proximity to senior decision-makers, and breadth of resources available to advisors and their clients.
The addition also strengthens RBC Wealth Management’s Pittsburgh operation as the firm continues recruiting experienced financial advisors and teams serving high-net-worth and ultra-high-net-worth clients.
RBC Wealth Management–U.S. operates 195 offices across 43 states and provides customized wealth planning, investment management, retirement planning, and other financial services to individuals, families, and businesses.
The business is part of Royal Bank of Canada, which provides banking, wealth management, capital markets, insurance, and other financial services globally. RBC Wealth Management operates in the U.S. through RBC Capital Markets, LLC.
The recruitment of the Nepa/Susco Team adds more than $1 billion in client assets to RBC’s Pittsburgh-area advisor network while giving the group a new platform for serving existing and prospective clients.
KEY QUOTE:
“What stood out to the Nepa/Susco Team about RBC was the genuine culture of collaboration, having decision-makers close at hand, and the sheer breadth of resources they can tap into for their clients. We’re eager to help this team build on what they’ve already accomplished.”
Frank Albanese, Great Lakes Complex Director At RBC Wealth Management
