MINNEAPOLIS, Minnesota (May 7, 2019) – RBC Wealth Management, one of the nation’s largest full-service wealth management firms, recently welcomed a new financial advisor in the Florham Park office, according to Steve Ornstein, director of the North Jersey complex.
David Hollenberg, CRPC®, CPFA, Managing Director – Financial Advisor, has more than 24 years of industry experience, all spent at Merrill Lynch. He manages more than $250 million in client assets. Hollenberg graduated from the University of South Florida, and upon graduation was commissioned as an officer in the United States Marine Corps, serving as a Marine Corps Aviator. Also joining with Hollenberg are Debra Barnes, Senior Business Associate, and Lorraine Pescatore, Senior Client Associate.
“After careful consideration, I made the important decision to join RBC Wealth Management because of the access to the global resources of RBC, coupled with the firm’s client-first and advisor-centric culture,” said Hollenberg. “The firm’s culture is positive and inviting, and allows us to act in the best interests of our clients.”
“We are thrilled to welcome Dave to our Florham Park office,” said Ornstein. “He is incredibly well known and respected in the community, and has built an impressive, strong practice by focusing on providing superb client service.”
In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Capital Markets, LLC is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges. RBC Wealth Management has $358 billion in total client assets with approximately 1,800 financial advisors operating in 200 locations in 42 states.
Jonell Lundquist, RBC Wealth Management, 612-371-2239, jonell.lundquist@rbc.com
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.