UBS has just taken another bite out of Goldman Sachs’ bench of advisors in the Big Apple, as UBS Private Wealth Management announced the addition of James Herring and John Gaffney to its New York team.
Both individuals will operate out of UBS's office at 299 Park Avenue in Manhattan under Chris Amo and Bob Sorrentino, who are market directors at UBS Private Wealth Management’s New York division.
“On behalf of UBS, we’re very pleased to welcome James and John to the firm,” Amo said in a statement Friday. “The team’s vast industry experience and dedication to their clients will be a great addition to our business, and we look forward to having them help us continue to expand our client offering in the New York market.”
Bob Sorrentino also highlighted the strategic benefits of their appointment.
“With the team’s experience helping clients navigate complex financial matters and commitment to delivering personalized solutions, coupled with UBS’s unique suite of capabilities focused on ultra-high-net-worth clients, I have no doubt that the team will continue to successfully deliver for clients in the years to come.”
Herring has roughly 35 years of experience, having managed high-net-worth executives, nonprofits, and family offices. His notable achievements include serving as a regional manager for the Southeast at Goldman Sachs from 1996 to 2000 and co-heading its family investment office from 2006 to 2010, a business he helped develop.
Prior to his financial career, Herring served as an officer in the US Army Reserve for nine years.
Gaffney’s expertise includes five years at Goldman Sachs, where his focus was on holistic wealth management solutions for family offices and private wealth clients.
These appointments are part of UBS's ongoing strategy to enhance its service offerings and market presence in New York.
Last week, that effort saw the financial services giant welcome another duo of veteran advisors from Goldman Sachs as its newest managing directors and private wealth advisors.
Six-figure losses, social media lures and impostor schemes are draining older clients’ savings, report to Congress shows
William Tunink, an industry veteran, was indicted for running a Ponzi scheme this month in Des Moines.
Broker-dealers will soon share targeted returns under SEC-approved Rule 2210 changes, but one securities lawyer warns the regimes aren’t identical.
Insurers ranking independent broker-dealers ahead of RIAs for near-term growth as fee-only fiduciaries still find annuities a hard fit
Most voters 50-plus in swing districts favor candidates backing a caregiver tax credit, as caregiving drains retirement savings
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
