UBS snags team of $3M producers from Merrill Lynch
UBS Financial Services Inc. has hired three longtime Merrill Lynch & Co. Inc. financial advisers who manage $450 million in assets and produced $2.85 million in fees and commissions over the past 12 months, the firm said last week
UBS Financial Services Inc. has hired three longtime Merrill Lynch & Co. Inc. financial advisers who manage $450 million in assets and produced $2.85 million in fees and commissions over the past 12 months, the firm said last week.
Robert Loupee, Makram Talia and Michael Graziani will join UBS’ office in Farmington Hills, Mich.
Both Mr. Loupee and Mr. Talia have been employed by Merrill Lynch for 33 years, Mr. Talia as an adviser for the entire time.
Mr. Loupee served as the complex director in the Auburn Hills complex with responsibility for the Auburn Hills, Flint, Lakeside and Saginaw, Mich., branches for five years, before returning to his advisory practice five years ago.
Mr. Graziani, who joined Merrill Lynch 16 years ago, spent the past 14 years working on a team with Mr. Loupee.
The advisers will report to John Bush, director of the Farmington Hills complex.
Merrill Lynch Global Wealth Management spokesman Matt Card confirmed the three advisers’ departure.
Not including the addition of these three Merrill Lynch advisers, UBS added five teams with a combined $1.7 billion in assets last month, according to InvestmentNews’ Advisers on the Move Database.
Email Andrew Osterland at [email protected]
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