UBS team managing $440 million moves to Raymond James

Five-person team in Winter Park, Fla., shifts to firm's employee channel.

A team with three advisers and two associates managing $440 million at UBS has joined the employee channel of Raymond James Financial in Winter Park, Fla.

Michael Zizmer, one of the lead advisers on the team, began his financial services career in 1988 at Merrill Lynch and moved to UBS in 2008.

Newton Jones, the team’s other lead adviser, followed his father, a 30-year Merrill Lynch executive, into the business in Merrill Lynch’s capital markets group in 1996, where he held a number of positions on the floor of the New York Stock Exchange and on the firm’s trading desks. He then moved to the firm’s corporate executive planning group where he specialized in executive stock options strategies. He moved to UBS in 2008 with Mr. Zizmer.

Kevin Davidson began his financial services career in 2007 with UBS, following five years as a professional baseball player. He joined the Zizmer-Jones team in 2009.