RBC Grabs $1M Advisor From Merrill

A wirehouse advisor who had more than $1 million in annual production joins RBC Wealth Management.

RBC recruited an advisor generating $1.17 million in annual revenue, from Merrill Lynch, according to the firm.

A 31-year-veteran of the industry, Kurt Kharouf oversaw $117 million in assets before making the move to the firm’s new branch in South Hills, Canonsburg, PA. He will be joining as a senior vice-president. Ginny Hoffman, a senior client associate, also made the move with Kharouf.

RBC Wealth Management has $270 billion in total client assets. The firm has roughly 1,900 advisors who operate from 200 office locations.

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