UBS said this week that it's added two teams from Merrill: a trio overseeing $875 million in San Jose, California, and a team with almost $1 billion in AUM in Garden City, New York.
San Jose-based O’Connor & Associates is led by Ting O’Connor, who will be a managing director at UBS Private Wealth Management. O’Connor has 23 years of experience and had been affiliated with Merrill since 2001, according to her BrokerCheck report.
She’s joined in the move by two staffers, senior wealth strategy associate Jenny Brummer and client service associate Erica Soriano.
Garden City-based Cuneo Denihan & Associates is led by Paul L. Cuneo, who will be a managing director and financial advisor at UBS Wealth Management. Cuneo has 36 years of experience and had been affiliated with Merrill since 1987, according to his BrokerCheck report.
The members of his team are advisor Tim Denihan and client service associates Melissa Poyer and Patrick Lively.
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
Counsel representing Lisa Cook argued the president's pattern of publicly blasting the Fed calls the foundation for her firing into question.
The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
Elsewhere, two breakaway teams from Morgan Stanley and Merrill unite to form a $2 billion RIA, while a Texas-based independent merges with a Bay Area advisory practice.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
