People Moves

RBC Wealth Management Recruits $500 Million Team From Merrill Lynch

Eliane Chavagnon Deputy Editor - Family Wealth Report 14 October 2013

RBC Wealth Management Recruits $500 Million Team From Merrill Lynch

RBC Wealth Management has added The Resin Hammitt Group to its Manhattan Beach, CA, office.

Philip Hammitt and Jonathan Resin join RBC from Merrill Lynch and have a combined 40 years of experience in the financial services industry. Together they manage $500 million in assets under management.  

In New York, last week RBC Wealth Management appointed Ira Mark and Michael Berger as senior vice presidents and financial advisors in Midtown.

Mark and Berger joined Morgan Stanley, where they managed around $1 billion in client assets. They have 22 and 14 years of industry experience respectively. Nadira Ramnarain, senior registered client associate; Michael Carlin, registered client associate; and Jessica Laurino, registered client associate, also joined.

In the US, RBC Wealth Management operates as a division of RBC Capital Markets; it has more than $250 billion of assets under administration and nearly 2,000 financial advisors across 42 states.

 

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