UBS Recruits Chicago-area Advisor Team to Expand Ultrahigh-Net-Worth Offering
UBS, a leading global financial firm, recently announced the recruitment of the highly experienced advisor team, Hammond Fay Bush & Associates. Formerly with Bank of America's Merrill Lynch, the team brings with them an impressive $1.6 billion in client assets. This strategic move signals UBS's commitment to expanding their ultrahigh-net-worth client offering in the crucial Northbrook, Illinois market.
Led by esteemed financial advisors Jack Hammond, Susan Bush, and Brian Fay, Hammond Fay Bush & Associates focuses on serving ultrahigh-net-worth individuals and families, providing them with exceptional financial guidance and support. UBS recognizes the value that this team brings to their private wealth unit and is excited about the expertise and dedication they will bring to their clients.
Michael Gatewood, Chicago market executive at UBS Private Wealth Management, expressed his confidence in the team's abilities, stating, "The team's industry experience and dedication to clients will be a great addition to our business as we look to continue to expand our ultrahigh-net-worth client offering in this key market."
A thorough search through BrokerCheck, a public database maintained by Finra, confirmed that all three advisors are now actively working with UBS. Hammond has been in the financial advisory industry since 2002, starting his career at Merrill Lynch. Bush registered with Merrill in 1982 and Fay initiated his journey in the industry with Merrill in 2015.
In addition to the three leaders, Jonelle Do, Chris Stevens, Kristina Jucaban, Donna Mijatovic, and Maria Cintron have also joined UBS as part of this exciting new team. This team expansion is evidence of UBS's ongoing efforts to attract top talent from Merrill Lynch. Just recently, they successfully recruited another five-advisor Merrill Lynch team from New York, managing an impressive $2 billion in client assets. This new addition further solidifies UBS's position as a leader in the industry.
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