UBS broker duo managing $1.4 billion at UBS sets up RIA business

UBS broker duo managing $1.4 billion at UBS sets up RIA business
Terry Cook, Kyle Caouette and 11-person team form Parcion Private Wealth in Seattle area
OCT 31, 2019
Terry Cook and Kyle Caouette, who managed $1.4 billion at UBS in Bellevue, Wash., have created Parcion Private Wealth. [More: See more adviser moves in InvestmentNews' Advisers on the Move database.] The RIA firm, which consists of 11 advisers and staff who left UBS with the two advisers, will custody client assets with Fidelity. [Recommended video: Mary Beth Franklin: Encourage shopping during Medicare open enrollment.] The firm is headquartered in Bellevue, Wash., outside Seattle. Register now​ for our ESG & Impact Forum at the U.N. on Dec. 5.

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