UBS has snagged a pair of veteran advisors from Morgan Stanley in Colorado, building on a string of key recruitments within its wealth advisory network for the month of June.
On Monday, UBS announced the hiring of financial advisors Rory Lindquist and Lawrence “Lawrie” Boyd in Boulder, Colorado.
Their team, known as the BlueWater Group, includes senior wealth strategy associate Caroline Lewis, senior registered team associate Sharon Hart, and registered team associate Kyle Krajewski.
The group manages over $470 million in client assets and will report to Boulder market director Tyler Hutchens and Rockies market executive Mitch Markley.
Prior to joining UBS, Lindquist, a veteran with a track record of nearly 25 years of experience and Boyd, who’s been registered for 17 years with the SEC, were affiliated with Morgan Stanley, according to their IAPD profiles.
Additionally, UBS recently appointed Cy Aleman as market director for Oregon in the Pacific Northwest market. Based in the Portland area, Aleman will oversee financial advisors and support staff in the Bend, Eugene, Lake Oswego, Medford, and Portland offices.
“At the onset, it was very clear to me that Cy was one of the most talented and valued individuals in the region,” Ryan Rozniakowski, market executive for the UBS Pacific Northwest Market, said in a statement.
Aleman’s role will focus on expanding business activities, recruiting new advisors, and coaching team members to enhance performance.
Rozniakowski commended Aleman’s passion for helping others, as well as his work ethic and commitment to making a positive impact.
“As we build leadership and aim to provide an employee centric, hands-on, proactive, and collaborative environment, I am confident that the addition of Cy meaningfully pushes us closer to our desired values and outcomes,” Rozniakowski said.
Before joining UBS, Aleman worked at Amundi US since 2012, most recently serving as divisional sales manager for the Western Division.
Prior to that, UBS kicked off Pride Month by welcoming financial advisor Mariam Adams, an ex-advisor with Merrill Lynch Wealth Management in New York City.
Adams, who managed over $170 million in client assets at her previous firm, will head the Adams Group within UBS's Philadelphia D.C. Private Wealth Management Market, which focuses on advising LGBTQ+ individuals, their families, and allies.
The team will remain based in New York City, under the leadership of market executive Julie Fox. “Mariam is a talented financial advisor and we are proud to welcome her to UBS,” Fox said. “We are confident that our powerful wealth management platform and capabilities will help Mariam and her team better serve clients.”
Retiring RIA seller David Laidlaw alleges the Carnegie valued his stake on $11.7 million EBITA while pitching potential buyers on $21.3 million.
New tool gives RIAs and family offices AI help vetting private market deals, with some users reportedly halving review time.
Investors got projected returns dressed up as real ones, SEC says
Parents must still act to get the $1,000 federal seed and employer contributions, giving financial advisors a role in the rollout.
FINRA booted Rudy Anguiano from the industry for “conversion - the intentional and unauthorized taking of another person’s property.”
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
