UBS adds to wealth management ranks

UBS adds to wealth management ranks
Connecticut team joins with $700 million.
NOV 20, 2023

UBS Wealth Management USA recently welcomed The Keating Group, a four-member advisory team that had been affiliated with Merrill Lynch, to its ranks.

The team, comprised of Maureen Keating, Michael DeCorleto, and Matthew Marques as financial advisors, and Matthew Mardirosian as wealth management associate, brings with them an impressive management portfolio of around $700 million in assets from affluent clients and families.

They will be integrating into the UBS Greater New England Market, operating out of the Hartford office located at One State Street. This office is overseen by William Cholawa and Andrew Babiak. Cholawa is also ex-Merrill Lynch, having joined the bank in 2005, and becoming part of the UBS team in May 2014.

He praised the new team, saying, "These advisors have built a strong, hardworking team centered around putting their clients first while maintaining a professional and familial culture, and we look forward to helping them continue to grow at UBS. We believe we have the strongest platform for Financial Advisors, and with our suite of high-net-worth capabilities, advisors like Maureen, Matt, and Mike will be able to deliver the full power of the firm to their clients."

The Keating Group's roots trace back over six decades to when Maureen’s father, Ed Keating, initiated his financial advisory career at Merrill Lynch. Over the years, the group has adapted to changes in the industry, expanding their team and enhancing their client-focused and financial planning approach. Their performance has earned them a spot on several prestigious lists, including the 2023 Forbes Best-in-State Wealth Management Teams list for Connecticut.

Latest News

Retirement delays, Social Security fears prompt advisors to rethink income strategies
Retirement delays, Social Security fears prompt advisors to rethink income strategies

Concerns about outliving savings and healthcare costs are reshaping how "Peak 65" Americans and advisors approach income planning.

Merrill Lynch on the hook for $3.7M after clients claimed sale of unsuitable private equity
Merrill Lynch on the hook for $3.7M after clients claimed sale of unsuitable private equity

Some investors recently have seen million dollar plus decisions by FINRA arbitration panels involving complex products decisions go their way.

Barred ex-Merrill Lynch advisor arrested in alleged $2.6M theft of former Miami Dolphin Pro Bowler
Barred ex-Merrill Lynch advisor arrested in alleged $2.6M theft of former Miami Dolphin Pro Bowler

Former advisor Isaiah Williams allegedly used the stolen funds from ex-Dolphins defensive safety Reshad Jones for numerous personal expenses, according to police and court records.

RIA moves: Modern Wealth tops $8.5B AUM as Aspen expands in Connecticut
RIA moves: Modern Wealth tops $8.5B AUM as Aspen expands in Connecticut

Modern Wealth's latest deal for a California-based fee-only RIA marks its fourth acquisition of 2025.

Empower defends private market access in 401(k)s in response to Warren scrutiny
Empower defends private market access in 401(k)s in response to Warren scrutiny

Sen. Warren has warned of private market investment risks due to opacity, illiquidity, and past regulatory issues.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.