UBS Wealth Management said Wednesday that two advisors who oversaw $640 million in assets at Merrill Wealth Management have joined UBS in Sarasota, Florida.
Brian Mariash and James “Bart” Lowther will operate as Mariash Lowther Wealth Management in Sarasota, Florida. They focus on high-net-worth individuals and families.
Mariash had worked at Merrill since 2008, after starting in the financial services industry in 2001. Lowther joined Merrill in 2010.
They are joined in the move to UBS by advisor Jesse Perez and staffers Shannon Murphy, Dionysios Skaliotis and Sovanna Sok.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income