RBC Wealth Management has recruited a six-member team from Merrill Lynch that managed $560 million in client assets, according to a news release.

The Coatoam Wealth Management Group, based in Winter Park, Fla., is led by Brian Coatoam, managing director and financial advisor, who joined Merrill Lynch in 2009 after spending 11 years with Morgan Stanley, according to BrokerCheck.

“We made the decision to join RBC Wealth Management because of its family-like culture, as well as the management team who truly believe that clients come first,” Coatoam said in a statement.

The team includes Derek Grimm, senior vice president, financial advisor, who began his career with Charles Schwab in 1999. He joined Merrill Lynch in 2010 after working for other firms including Morgan Stanley.

Ryan Plank, first vice president, financial advisor, began his career with Merrill Lynch in 2012.

Andre  L. Lyon, associate financial advisor, joined Morgan Stanley in 2000 and left the industry after three years for a career in teaching and management, according to his bio on the firm’s website. He came back to the industry and signed on with Merrill Lynch in 2015. Also with the team are Robin A. Lane, senior investment associate, and Morgan Metcalf, senior registered client associate.

“We are thrilled to welcome the Coatoam Wealth Management Group to our rapidly growing Florida complex,” said Ken Ross, Florida complex director. “Brian and his team are incredibly well-respected in the area and known for working closely with their clients to develop the best strategies to help them achieve their unique goals,” he added.