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.”
RIA founders and C-suite leaders weigh in on the impact for philanthropic clients, and why now could mark a moment in time for investors to make an impact.
Smaller firms and hybrid advisors may see relief as Finra looks to ease compliance burdens and update its oversight approach.
Estate plans and paper records may be boomer territory, but younger Americans are taking digital and emergency-prep steps – with less peace of mind.
The only publicly traded US team in the league faces an uphill fight, with a little-known tax rule threatening to handicap its ability to lure high-salary superstars.
Latest hires reunite former Morgan Stanley and Edge Capital colleagues as part of NewEdge Wealth’s Southeastern expansion strategy
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
