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.

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.