A three-adviser, five-person team managing $1 billion at Morgan Stanley has joined UBS Private Wealth Management in Providence, Rhode Island.
The team, the Narragansett Bay Group, consists of advisers Joseph P. Tamburini, Nancy A. Pasquariello and Nathan J. Hickney, and two associates, Jennifer Hickney and Patrick Monahan, UBS said in a press release.
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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.