UBS has recruited nine advisers managing a total of $1.6 billion.
Accounting for most of the new assets that may be coming to the firm is a three-adviser team — Dan Emerson, Scott Emerson and Angelo Esposito — who managed $676 million at Merrill Lynch in Atlanta.
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At its Newport Beach, Calif., branch, UBS attracted Andrew Low, who managed $125 million at BNY Mellon, and Nicholas Villasenor, who managed $383 million at Morgan Stanley.
It also hired Ranjeet Guptara, who managed $200 million at Wells Fargo Private Bank in Los Angeles, Calif.; Justine Barroso, who managed $180 million at JP Morgan Chase in Fort Lauderdale, Fla.; Clarence Hughes, who managed $150 million at Wells Fargo Private Bank in Albuquerque, N.M.; and Andrew Knutson, who managed $95 million at Wells Fargo Advisors in the Minneapolis area.
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