Business Development Officer

People moves: RBC Clearing & Custody hires former Pershing executive for business development. Also, Kestra Financial hires client service and operations leads; alt-focused Quincy Wells names a CIO; and Toronto-based Verecan Capital adds a CFO as it pushes further into the United States. Alex Ortolani, Senior Reporter, Wealth Management August 4, 2026 RBC Clearing & Custody, which offers clearing, custody and execution services to independent broker/dealers and registered investment advisors, has hired Larry Agin as business development manager. Agin joins RBC after a two-year stint at Apex Fintech Solutions, a firm he joined after more than two decades at BNY Pershing. He has experience in wealth solutions, securities operations, trading and client relationship management, according to RBC's announcement. "When I began the process of hiring a new business development manager, I never could have imagined a better fit than Larry," Kelly Johnson, chief revenue officer of RBC Clearing & Custody, said in a statement. "He shares the values of our organization, understands what truly matters to our clients and wants to make a real difference for the businesses that choose to partner with us." Agin will be tasked with further growing RBC's clearing and custody business for the IBD and RIA sectors, even as upstarts such as Apex and Altruist seek to undercut the legacy providers. "Joining RBC Clearing & Custody provides a meaningful opportunity to contribute my experience to a market leader with scale, extensive resources, a strong commitment to the clearing and custody business, and a team that focuses on innovation," Agin said in a statement. Kestra Financial adds Fidelity National, Truist alumni to leadership team. Kestra Financial, a hybrid RIA based in Austin, Texas, announced this week that it had hired Kristan Garner as head of client service and John Milligan as head of operations. Garner joins from financial technology firm Fidelity National Information Services, where she served as director of operations. She will now lead Kestra's client service organization, including advisor service, technology solutions and account services. Milligan joins from Truist Bank, where he served as executive vice president, head of capital markets operations. At Kestra, he will oversee trading, cashiering, producer compensation and fee billing. "Kristan and John bring deep expertise in client service and operations, and their leadership will help us continue raising the bar for efficiency and operational excellence across the advisor experience," said Angela Xavier, executive vice president, client experience officer at Kestra, in a statement. Kestra said the hires build on investment in operations and client experience, including Xavier's hire as client experience officer last year from LPL Financial, and the establishment of a secondary headquarters in Tempe, Ariz. In April, Kestra hired four business development leaders from competitors, including LPL and Commonwealth Financial Network, to its national recruiting team. Quincy Wells Advisors names Matt DenBleyker CIO. Quincy Wells Group, a Chicago-based wealth management platform focused on alternatives, named Matt DenBleyker chief investment officer of Quincy Wells Advisors this week. DenBleyker joins from Lee Financial, where he served as director of private markets. At Quincy, he will lead the development of investment solutions, oversee multi-asset-class portfolio construction, and contribute to business development initiatives. "Matt has spent his career building institutional investment programs and translating them into something advisors can actually put in front of clients," said John Neppel, managing partner of Quincy Wells Group, in a statement. "That is exactly the capability our advisors need as demand for alternatives keeps growing." DenBleyker brings more than two decades of investment management experience across RIAs, investment consulting firms and public pension plans. Prior to Lee Financial, he was managing director and co-chief investment officer at Commerce Street, where he built the firm's outsourced discretionary investment platform. Verecan Capital Management appoints Jim Andrews as CFO. Verecan Capital Management, a discretionary portfolio management firm based in Toronto with U.S. clientele, said it had appointed Jim Andrews as chief financial officer, effective July 20. Andrews joins from CWB Wealth, where he was president and CEO. He is tasked with leading Verecan's growth strategy, including acquisitions, advisor relationships, strategic partnerships and opportunities with independent firms. "We are fortunate to have Jim join Verecan at this stage in our growth. He understands this industry and sees the opportunity in what we are building," Verecan Group of Companies CEO Colin White said in a statement. The appointment follows Verecan's recent addition of Emily Dunn as chief operating officer, further strengthening the senior leadership team as the firm expands beyond Canada, according to the announcement. Verecan launched in 2023 and expanded in 2025 to provide services to U.S.-based clients and clients with cross-border financial concerns. Senior Reporter, Wealth Management Alex Ortolani is a New York-based senior reporter with Wealth Management with a focus on deals, moves and trends in the registered investment advisor space. In addition to financial and business reporting, he has worked in media relations and corporate communications for tech firms and Fortune 500 companies.

PNC has appointed Christian Winward as its new chief information security officer. Winward spent 35 years at FirstBank, which PNC acquired for $4.1 billion, starting as a teller in 1991 and rising to chief information officer. He will oversee PNC's enterprise information security, including cyber strategy, security operations, and incident response. Separately, Truist has hired Shimna Sameer to lead its wealth management division, effective in October. Sameer spent over 20 years at Bank of America, most recently heading products and platforms at its private bank. She will report to Chief Wholesale Banking Officer Kristin Lesher and oversee a division that grew second-quarter income by approximately 8% year-over-year.

Truist names Stucker middle market sales leader. In this role, John Stucker will lead Truist's middle market growth strategy with a focus on accelerating performance, deepening client relationships and identifying opportunities to increase market penetration. Truist Financial added John Stucker as middle market sales leader, a newly created role designed to drive growth and elevate sales execution across the company's middle market banking business. Stucker joins Truist from JPMorgan Chase, where he spent more than 25 years in commercial banking leadership roles, most recently serving as managing director and national head of multinational corporations. In that role, he led teams serving U.S. subsidiaries of foreign-owned companies and helped middle market clients expand internationally through integrated banking solutions. Earlier in his career, he led the firm's beverage industry group and served in debt capital markets, bringing broad experience across industry coverage, client strategy and complex financing solutions. "John Stucker's leadership experience, strategic mindset, and proven track record serving middle market and multinational clients make him an excellent addition to Truist," Jodie Hughes, head of commercial banking at Truist, said. "This new role is critical to advancing our middle market growth strategy - helping us capture more share, expand across deposits, payments and loans, and deliver a more consistent, differentiated experience for our clients." In this role, Stucker will lead Truist's middle market growth strategy with a focus on accelerating performance, deepening client relationships and identifying opportunities to increase market penetration. "I'm excited to join Truist at a time of strong momentum in the middle market," Stucker said. "The opportunity to work across teams, sharpen our go-to-market approach and help drive meaningful growth for our clients and the business is incredibly compelling. I look forward to collaborating with teammates across the firm to continue building a high-performing, purpose-driven organization."