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Merrill Lynch Loses $2B Illinois Team to RBC Wealth Management The team, which will run RBC’s new Lake Forest, Ill., branch, is the latest to jump ship at Merrill Lynch.
A Lake Forest, Ill.-based team of advisors, with about $2 billion in client assets, has left Merrill Lynch to join RBC Wealth Management. The team, led by managing directors Thomas Paulson and William “Tuck” Holman, and Steven Gatto, senior vice president, will run RBC’s new Lake Forest branch.
The Paulson Holman Gatto Group specializes in providing financial planning and asset management services for high-net-worth retirees. They are joined by Charles O’Neil, associate vice president and senior financial associate; Nadine Haufe, associate vice president and senior financial associate; Kristie A. Manheim, associate vice president and senior financial associate; Cynthia Mariscal, senior registered client associate; and Abra Alscher, client associate.