UBS picks up Merrill adviser with $500M in assets

Stephen Davis joins the firm after spending his entire 21-year career at Merrill

May 21, 2014 @ 5:32 pm

By Mason Braswell

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UBS Wealth Management Americas said it has picked up a former Bank of America Merrill Lynch adviser with $500 million in assets.

Veteran adviser Stephen Davis joined the firm April 25, according to UBS spokesman Gregg Rosenberg. He previously produced more than $2.6 million in annual fees and commissions at Merrill Lynch, Mr. Rosenberg said.

Mr. Davis's firm is called The Davis Group and operates in Westlake Village, Calif. He had been with Merrill for all of his 21-year career.

Mr. Davis reports to Westlake Village branch manager Louis Skertich.

See Advisers on the Move for all of UBS's latest adviser hires.

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