Chu, Phillips & Associates has joined RBC Wealth Management in Stamford, Conn., RBC announced Wednesday.

Joseph Chu, Christopher Phillips and their team join from Merrill Lynch with $426 million in assets under management. Chu joins as financial advisor and managing director, and he brings 16 years of industry experience. Phillips, financial advisor and first vice president, joins with 14 years of industry experience.

Mary Richard, the practice’s senior registered client associate and Fiona Slater, its client associate, join Chu and Phillips at RBC Wealth’s offices in Stamford.

RBC Wealth Management is a broker-dealer and RIA based in Minneapolis. The firm manages $353 billion in total client assets and supports approximately 1,800 financial advisors throughout 42 states.