A former 16-member UBS team that managed $1.7 billion in client assets has joined RBC Wealth Management’s Chicago complex, according to a news release.

The Promus Wealth Management Group of Indianapolis has five financial advisors and is led by managing directors and financial advisors David W. Bartz, Daniel P. Chillemi and Brendon C. Harbron, all of whom spent 13 years at UBS and several years at Merrill Lynch before that, according to BrokerCheck.

Bartz, who has 35 years in the industry, working simultaneously for Northwestern Mutual Investment Services and Robert W. Baird & Co., before moving to Merrill Lynch in 2000, said in a statement that the team is excited to move its business to RBC, “where the products, tools and integrated technology platform will enable us to best serve our clients and grow our practice.” He added, “It is also a great fit for our team culturally, with a well-respected local leadership team that places a strong emphasis on creating an excellent experience for our clients.”

The team also includes George J. Kempf, senior vice president and financial advisor, who also spent 13 years at UBS after a 16-year career at Merrill Lynch, where he began his career. The other advisor is Jordan Frye, who began with UBS in 2018. Other team members include Marc A. White, senior financial associate; Sandra J. Harrington, associate vice president, senior business associate; Benjamin Weddle, senior financial associate; Kirsten J. Robinson, senior financial associate; Kathryn Miller, senior financial associate; Richard S. Farkas, senior financial associate; Jason D. Brown, senior financial associate; Ozzie I. Fishman, senior financial associate; Allana Gill, senior registered client associate; Hanna M. Jackson, senior registered client associate; and Kristi Kulpa, client associate.

The team, which will report to Chicago Complex Director Justin Ferdula, serves private and institutional clients, with a focus on wealth planning and investment management for wealthy individuals, families and foundations, as well as corporate retirement consulting for business owners and plan sponsors, according to the release.

“The Promus Wealth Management Group is a staple in the Indianapolis advisor community and brings the right experience and energy for our expanding presence in this market,” noted Rhys Helt, Indianapolis branch director. “This is a group of true professionals who do an impeccable job for their clients, and we are thrilled to welcome this powerhouse team to RBC Wealth Management,” he added.