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RBC Wealth Management Recruits $500 Million Team From Merrill Lynch
Eliane Chavagnon
14 October 2013
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.