A team of five advisors who managed almost $2 billion in client assets at Merrill Lynch has joined UBS Wealth Management USA, the firm announced last Friday.
GKB & Associates, which is based in New York City and works with high-net-worth individuals and families, includes advisors Joseph J. Guarneri, Steven Kabot, Stefani Bollag, Daniel Russo and Connor Heine. GK&B The GKB & Associates team provides clients with holistic wealth management advice along with a boutique-level experience.
Guarneri, who manages GKB’s investment strategy and asset allocation models, started his career at Merrill Lynch in 1985. Steven Kabot, who oversees GKB’s daily operations as well as having responsibility for equity and alternative investment strategies, started at Merrill Lynch in 1989. Bollag, who deals with wealth preservation strategies for clients, started her career at Merrill in 1996.
Russo started his career at Merrill Lynch in 1998, working on the floor of the New York Stock Exchange. Heine started his career in 2011 at BNY Convergex, according to his BrokerCheck report, and joined Merrill in 2015.
The team includes five staffers.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
