UBS lands $1.7B team from Morgan Stanley
Desai team jumps to private-wealth-management office in Chicago; first win after a couple of losses
Chalk up a big win for UBS.
Dennis Drescher, managing director and head of UBS Wealth Management Americas' Chicago private-wealth-management office, confirmed that the unit has landed financial adviser Ajay Desai and two other key members of his Desai Group. The group manages $1.7 billion in assets
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