The US wealth management house has brought in a team from RBC to add to its New York team, the firm said yesterday.

Merrill Lynch has appointed wealth manager Ronald Slevin and his three-person team from Royal Bank of Canada to its Fifth Avenue Financial Centre in New York.

The team includes George Gladman, Jared Stone, as well as Client Associate Jeffrey Tucker. Slevin will report to Jeffrey Tucker, managing director and complex manager for the Fifth Avenue Financial Center, Merrill Lynch said in a statement.

Slevin and his team manage more than $300 million of client assets under management. The team’s production last year was approximately $2.5 million.