Asset management company Neuberger Berman hired Keith Rhodus as a wealth advisor and vice president in its Dallas office. Rhodus will be the seventh member of the Dallas wealth management team, which is led by Rick Szelc, managing director.

Previously, Rhodus spent four years at Merrill Lynch as part of a team that managed $1.3 billion in client assets. He also worked as a financial consultant for Smith Barney, according to a press release from Neuberger Berman.

Neuberger Berman's Dallas team manages more than $1 billion in assets for high-net-worth families, foundations, and institutions, and provides investment management, financial planning, and multi-generational trust and philanthropic planning services. “We are committed to expanding our presence in the Dallas area and have been serving our clients successfully here since opening our Dallas office in 1996,” said Szelc. “We are delighted to have Keith join us as his background and expertise will enhance our Dallas wealth management practice. As opportunities arise, we will recruit additional talented professionals to join our growing business in Dallas and the Southwest region.”

Neuberger Berman has about $169 billion in assets under management.