Rockefeller Capital Management, led by Gregory Fleming, a former president at Merrill Lynch and Morgan Stanley, continues building out its wealth management services with experienced hires from rivals, most recently from Wilmington Trust, Rockefeller says.

Matt Panarese joins Rockefeller Global Family Office as a managing director tasked with building and managing a team of financial advisors in the company’s first office in Philadelphia, according to a press release from Rockefeller. He will also manage advisors in the Washington, D.C., office, the company says. Previously, Panarese was president of the Mid-Atlantic region at Wilmington Trust, according to the press release.

Earlier this month, Rockefeller poached Merrill Lynch’s market executive for the greater Dallas market to oversee its private wealth business in Texas, Colorado and other Southern Plains states.

Rockefeller also lured RBC’s head of advisor recruiting to hire and manage private wealth advisors in the Northeast out of its New York office. And at the end of 2018, Rockefeller scooped up a Merrill Lynch managing director to oversee its San Francisco office.