ON THE MOVE: RBC Wealth adds veteran Morgan Stanley broker
News from Reuters:

March 30 | Fri Mar 30, 2012 2:21pm EDT

March 30 (Reuters) – RBC Wealth Management, a division of Royal Bank of Canada , has bolstered its adviser base in Pennsylvania with the hiring of a two-decade industry veteran from Morgan Stanley Smith Barney.

Adviser Scott Karkenny joined RBC’s Conshohocken, Pennsylvania, office in early March from Morgan Stanley Smith Barney, where he managed $ 165 million in client assets. He now reports to branch director Joe Mooney.

Karkenny is the latest big RBC Wealth hire from Morgan Stanley Smith Barney, after the company said it also added three advisers from the brokerage in February. Those advisers, who joined in Oregon and New Jersey, managed more than $ 472 million in client assets.

Also joining in Pennsylvania, senior financial associate Alex Karkenny and registered client associate Teresa Verone moved with the senior Karkenny from Morgan Stanley.

Karkenny had been with his old firm since the early 1990s, first with Citigroup and later wit…………… continues on Reuters

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Phoebe Venable: Column focuses on building wealth
News from The Tennessean:

Greetings. I am thrilled to be a new columnist for The Tennessean and hope what I have to offer will benefit readers in a myriad of ways. Allow me first to introduce myself.

My name is Phoebe Venable. I am a financial analyst and adviser, a working mother who has an 8-year-old son. I am also a wife to my husband of the past 24 years. I grew up just north of Nashville in a small town in Western Kentucky and am a proud alumnus of Murray State University, where I received a bachelor of science degree in mathematics and an MBA in finance and economics. I also am an alumnus of the National Graduate Trust program at Northwestern University.

When I was growing up, my family owned and operated the local hardware store and lived on a working farm. This is where I learned all about cooking, which has become one of my passions.

I realized at a young age that if I could be useful in the kitchen, I wouldn’t be asked to do the farm work outside. But, more importantly, it enabled me to learn a great deal about life while listening to the women in my family discuss everything and anything.

It was from my dad — and working in the hardware store — that I honed another of my loves: mathematics. I was always intrigued about how the store worked, the exchange of money for a material good that a family needed. Or how inventory was counted and managed. Or…………… continues on The Tennessean

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