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People Moves: RBC Clearing & Custody Hires Former Pershing Executive for Business Development
['Alex Ortolani', 'Senior Reporter', 'Wealth Management']
wealthmanagement
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.
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.
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.