UBS Welcomes High-Net-Worth Advisor Team from Merrill Lynch
UBS, a leading global wealth management firm, has successfully recruited the highly talented father-son advisor team, Morris and Irving Betesh, managing an impressive $780 million in client assets, away from Merrill Lynch. The Betesh Group, consisting of Morris and Irving Betesh, along with their dedicated support staffers Gail Lacey and Dina Bongermino, will be joining UBS's prestigious office on 6th Ave. in New York City.
Market Director Kellie Brady expressed her excitement about the new addition to the team. "We continue to prioritize the recruitment and retention of top-tier financial advisors in the industry," she said. "With our extensive suite of high-net-worth capabilities, advisors like Morris and Irving will be able to leverage the full power of UBS to deliver exceptional service to their esteemed clients."
This recruitment comes at a significant time as UBS is actively integrating Credit Suisse, a former rival that it acquired earlier this year. UBS CEO Sergio Ermotti recently revealed plans for a comprehensive three-year integration strategy, set to be announced in early 2022. The inclusion of Credit Suisse's substantial wealth management platform will further enhance UBS's offerings.
The Betesh Group brings a wealth of experience and expertise in serving business owners, executives, and high-net-worth families. Morris Betesh has an extensive background in the industry, commencing his career in 1991 with D.H. Blair. Prior to joining UBS, he gained valuable insights from various Wall Street firms before spending ten years at Merrill Lynch.
Interestingly, during the 2000s, Morris temporarily ventured outside of the financial services industry and led executive roles in the apparel sector. He even founded and successfully sold his own company, Don Morris Apparel. This unique experience provides him with valuable perspectives on the financial needs and challenges faced by corporate executives and entrepreneurs.
Irving Betesh, the younger member of the team, began his career in 2019 at Merrill Lynch. He holds a prestigious CFP certification, further highlighting his commitment to providing exceptional financial advice to his clients.
Both Morris and Irving Betesh are registered as investment advisors and brokers, demonstrating their comprehensive understanding of the financial landscape.
UBS looks forward to welcoming the Betesh Group and further strengthening its position as a premier wealth management firm worldwide. With their industry knowledge and dedication to client service, the father-son duo is poised to make a significant impact within UBS's esteemed clientele.
All Rights Reserved © 2024
Post a comment