A former Merrill Lynch team that handled nearly $1 billion in assets has joined Rockefeller Capital Management in Bethesda, Md., according to a news release.
The Ruben Group is led by David A. Ruben, managing director and private wealth advisor, who joined Merrill Lynch in 2008 from UBS Financial Services. He began his career in 1984 with First Union Capital Markets Corp., according to BrokerCheck. Ruben was No. 26 on Forbes 2022 list of the top Maryland brokers. Fobes reported the team managed $956 million in assets.
Joining him at Rockefeller Capital Management are David M. Sotsky, Brett Monsein and Libby Snyder, vice presidents and private wealth advisors; Anne Nghiem, associate vice president and senior client associate; Rebecca Luft, associate vice president and client associate; and Jack Morrison, registered client associate. The team will report to Michael Outlaw.
Sotsky began his career in 1997 with Olde Discount Corporation and worked at several other companies before moving to Merrill Lynch in 2011. Monsein began with Merrill Lynch in 2014 and Snyder in 2017.
The Ruben Group is the 75th team to join the Rockefeller private wealth division since its creation in 2018. The New York City-based Rockefeller Capital Management has 35 offices across the U.S. Earlier this year, it opened an office in London. As of December 31, the firm was responsible for about $95 billion in client assets across its three business segments: the Rockefeller Global Family Office (including Private Wealth Management and Family Office), Rockefeller Asset Management and Rockefeller Strategic Advisory.