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RMB Capital appoints head of wealth management business

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MB Capital (RMB) has appointed partner and chief of staff Michele Francisco to lead the firm’s wealth management business. 

RMB Capital (RMB) has appointed partner and chief of staff Michele Francisco to lead the firm’s wealth management business. Francisco is working side-by-side with CEO and co-chief investment officer Dick Burridge as she transitions into this new role later this year.

“Fred [Paulman, president] and I have worked closely with Michele since 2001, four years prior to RMB’s inception,” says Burridge. “She has helped set the standard for client service at our firm from the very beginning. Her skills in both financial planning and relationship management have been instrumental in serving our largest and most complex clients for the last 12 years. I have complete trust and confidence in her ability to lead our wealth management team well into the future.”

“I’m incredibly honoured and excited to be moving into this role, leading a team of colleagues and friends that I have so much respect for,” says Francisco. “I welcome the challenge of leveraging my analytical skills, advisory experience, and institutional knowledge in a new way, and I’m so grateful to have the opportunity to do so here at RMB, which has been home to me for so many years.”

Francisco will replace former president of wealth management Dimitri Eliopoulos, who departed the firm at the end of January to pursue another opportunity.

“We were sad to see Dimitri go, as he also had a 20-year tenure with us and made a big impact over that time,” adds Burridge. “But we continue to think of him as part of the RMB family, and we’re all rooting for him as he embarks on his new endeavour.”

Over nearly two decades with the RMB team, Francisco has filled various positions. She began with responsibilities that ranged from trading to managing client events and communications. In 2007, she started working directly with some of the firm’s largest clients, and she also assumed responsibility for managing the client service administrative staff and the firm’s custodial relationships from 2010-2012, when she was promoted to senior wealth advisor. She became a partner in 2015.

Previously, Francisco worked at UBS Financial Services and Bernstein Investment Management. She is a Certified Financial Planner professional and holds a bachelor’s degree in international affairs and economics from George Washington University and an MBA from Kellogg School of Management at Northwestern University.

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