RBC Clearing Hires 20-Year Pershing Veteran Larry Agin to Grow Custody Business
Updated
Updated · Wealth Management · Aug 4
RBC Clearing Hires 20-Year Pershing Veteran Larry Agin to Grow Custody Business
1 articles · Updated · Wealth Management · Aug 4
Summary
RBC Clearing & Custody named Larry Agin business development manager, tapping a former Pershing executive to expand its clearing and custody franchise with independent broker-dealers and RIAs.
Agin arrives after 2 years at Apex Fintech Solutions and more than two decades at BNY Pershing, bringing experience in wealth solutions, securities operations, trading and client relationship management.
The hire comes as newer rivals including Apex and Altruist push to undercut legacy clearing providers, making distribution and client-growth roles more critical for incumbents.
Elsewhere in wealth management, Kestra Financial added client service and operations chiefs, Quincy Wells named a CIO, and Toronto-based Verecan Capital hired a CFO to support U.S. expansion.