RBC Wealth Management, a unit of Royal Bank of Canada, has hired Merrill Lynch’s financial adviser Kurt Kharouf.

Kharouf will be based in RBC Wealth’s SouthHills office in Pittsburgh, according to Reuters.

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Kharouf, who has an experience of 31 years, managed nearly $117m in assets at Merrill Lynch and had fees and commissions of about $1.17m.

RBC Wealth Management caters to high net worth and niche corporate and institutional clients across the globe.

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