Report: $1.2B Former First Republic NYC Team Drops JPM for RBC

RBC Wealth Management nabbed the Pensato Slayne Group, an advisory team with $1.2B in client assets, from JPMorgan, according to a January 16 report from AdvisorHub.

Led by veterans Arthur Pensato and William Slayne, the team was first formed at First Republic Bank and continued its operations following JPMorgan’s acquisition in 2023. Pensato began his career at First Republic in 2004, while Slayne started out at UST Financial Services in 1995, joining First Republic in 2014. The team includes support staff Lindsay Hansman, Carrie Port, Connor Secora, and Lloyd King.

The Pensato Slayne Group will report directly to John Moran, the RBC Midtown Manhattan complex director, according to the AdvisorHub report.