RMB Capital, an advisory firm with over $9.3bn in assets, has set up a new office in the Minneapolis-St. Paul area to meet client needs in Minnesota.

The new office will be led by Chris Bach, who has now been promoted to the role of the firm’s vice president.

Bach previously worked as a senior analyst at HSBC North America.

Commenting on the move, RMB partner and managing director Dimitri Eliopoulos said: “We’ve had advisers coming back and forth to this area regularly for about a decade and decided it was time to put down roots.

“In a market like Minneapolis-St. Paul, we believe we stand out as an independent firm that blends expertise in financial planning with sophisticated, customised investment solutions. Combining this with Chris’s passion, dedication, and connection to the community should continue to open many doors for us here.”

RMB Capital offers a range of services such as wealth management, family office services, asset management, and retirement plan consulting. Its other offices are located in Denver, Jackson Hole, Lake Forest, Milwaukee, Minneapolis, New York, Oakbrook Terrace, and Washington, D.C.

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