UBS picked up two groups of advisors from Merrill Lynch that oversaw a combined $3.4 billion in client assets. In the larger of two moves, UBS Wealth Management USA has hired a team of experienced advisors from Merrill Lynch, bolstering its wealth management division.
UBS Wealth Management USA has hired another large Merrill Lynch team, this time nabbing a group of lifelong advisors in Columbia, South Carolina. This strategic move by UBS aims to harness the expertise and experience of the Merrill Lynch team and further enhance its client offerings.
UBS Group is picking up a team composed of several Merrill veterans, who collectively manage approximately $2.6 billion in assets. This acquisition positions UBS as an international bank with a robust advisory team, enabling them to provide comprehensive financial solutions to their clients.