Chicago-headquartered RMB Capital Management, a registered investment advisor, has hired Joseph Elegante for its asset management group.

RMB, which manages around $2.5 billion for a mix of institutional and individual clients, is looking to ramp up its asset management capabilities through hiring “top talent in the industry,” said Richard Burridge, chief executive and chief investment officer.

Elegante previously worked at AllianceBernstein, where he was a senior vice president and portfolio manager on the US large-cap growth team. Before that he was a portfolio manager at National City Bank and Fifth Third Bank.

RMB currently works with around 800 clients with assets ranging from $1 million to more than $100 million per client. As well as its Chicago headquarters it has offices in Denver, CO, and Jackson Hole, WY.