RBC Adds 16-Member UBS Team In Indianapolis With $1.7B

A former 16-member UBS staff that managed $1.7 billion in consumer belongings has joined RBC Wealth Administration’s Chicago advanced, in accordance with a information launch.

The Promus Wealth Administration Group of Indianapolis has 5 monetary advisors and is led by managing administrators and monetary advisors David W. Bartz, Daniel P. Chillemi and Brendon C. Harbron, all of whom spent 13 years at UBS and a number of other years at Merrill Lynch earlier than that, in accordance with BrokerCheck.

Bartz, who has 35 years within the business, working concurrently for Northwestern Mutual Funding Companies and Robert W. Baird & Co., earlier than transferring to Merrill Lynch in 2000, mentioned in an announcement that the staff is worked up to maneuver its enterprise to RBC, “the place the merchandise, instruments and built-in expertise platform will allow us to greatest serve our shoppers and develop our observe.” He added, “It’s also an amazing match for our staff culturally, with a well-respected native management staff that locations a robust emphasis on creating a superb expertise for our shoppers.”

The staff additionally contains George J. Kempf, senior vice chairman and monetary advisor, who additionally spent 13 years at UBS after a 16-year profession at Merrill Lynch, the place he started his profession. The opposite advisor is Jordan Frye, who started with UBS in 2018. Different staff members embody Marc A. White, senior monetary affiliate; Sandra J. Harrington, affiliate vice chairman, senior enterprise affiliate; Benjamin Weddle, senior monetary affiliate; Kirsten J. Robinson, senior monetary affiliate; Kathryn Miller, senior monetary affiliate; Richard S. Farkas, senior monetary affiliate; Jason D. Brown, senior monetary affiliate; Ozzie I. Fishman, senior monetary affiliate; Allana Gill, senior registered consumer affiliate; Hanna M. Jackson, senior registered consumer affiliate; and Kristi Kulpa, consumer affiliate.

The staff, which can report back to Chicago Advanced Director Justin Ferdula, serves personal and institutional shoppers, with a give attention to wealth planning and funding administration for rich people, households and foundations, in addition to company retirement consulting for enterprise homeowners and plan sponsors, in accordance with the discharge.

“The Promus Wealth Administration Group is a staple within the Indianapolis advisor neighborhood and brings the fitting expertise and power for our increasing presence on this market,” famous Rhys Helt, Indianapolis department director. “It is a group of true professionals who do an impeccable job for his or her shoppers, and we’re thrilled to welcome this powerhouse staff to RBC Wealth Administration,” he added.