Ten advisers from Merrill Lynch who managed $2.85 billion in client assets have joined UBS in Washington, D.C.
Private wealth advisers William Slater, James King, Scott Fitzenreiter and Ryan Shuler have joined the firm’s Northeast private wealth market.
Financial advisers Kevin Murphy, Michael Brennan, George Seals, Daniel Shannahan, John Green and Elliott Warren have joined UBS’ Mid-Atlantic wealth management market.
The 10 advised high- and ultra-high-net-worth families and institutions.
“UBS has a strong footprint in Washington, D.C., and is committed to growing its wealth management business in the region,” Julie Fox, Northeast market head at UBS Private Wealth Management, said in a statement.
"Providing our high-net-worth and ultra-high-net-worth clients with the highest levels of customized, tailored advice and services continues to be our top priority,” John Mathews, head of UBS Private Wealth Management, said in the statement. “The collective experience and expertise of these talented advisors greatly strengthens our local presence and will make an immediate impact with our clients.”
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