SAN FRANCISCO, July 19, 2017 /PRNewswire/ -- Union Bank
today announced that Harold Rhee has
joined its Wealth Markets team as a Vice President and Wealth
Management Consultant. Based in San
Francisco, Rhee reports to Jason P.
Liu, Head of Wealth Planning, and Director of Sales
Development and Training. This is the fourth appointment The
Private Bank has announced in the Bay Area since the fall of
2016.
In this new role, Rhee will work with an exclusive group of
Private Wealth Advisors, Private Bankers, and Financial Advisors to
enhance customization of advisory services and financial products
to affluent and ultra-high net worth clients. He is responsible for
ensuring the bank's staff is centering client engagement on the
fundamentals and rigor of wealth planning across all life
events.
"Harold's appointment is part of our strategic plan to stay
ahead of client needs while we continue to grow in this important
market," said Michael Feldman, Head
of Wealth Markets. "The appointment is a reflection of the focus we
place on wealth planning that takes into account the individual,
the family and their business financial goals and dreams. This
includes putting great emphasis on working closely with our clients
to execute on every aspect of their financial road map."
"We continue to assemble a highly experienced team of
individuals that can assist clients with the development of
holistic wealth plans, keep them on track to meet key milestones,
address gaps, and ultimately help them achieve their financial
goals," Jason Liu said. "Harold will
provide our advisors and private bankers with the enhanced tools
they need to find solutions to our clients' most critical wealth
planning challenges."
Rhee joins Union Bank from Fidelity Investments where he was a
Regional Planning Consultant. He brings more than 19 years of
financial services experience. Rhee began his career as a Financial
Advisor at Morgan Stanley where he held various roles in
Northern California including
Sales Manager, Branch Manager, and Complex Business Development
Manager.
Rhee received his BA from Yale
University and his Masters of Divinity from Union Theological Seminary in New York. He is
passionate about animal rescue. Rhee and his family have adopted
and fostered more than 60 dogs in the last four years.
In May, Union Bank announced the appointments of Tyler Brasfield and Lawrence Parente who joined the Private Wealth
Management team in San Francisco,
CA as Private Wealth Advisors. Brasfield joined as a Vice
President and Parente joined as a Director. They report to
Lisa Roberts, Head of Private Wealth
Management for Northern California
and the Pacific Northwest, who was appointed to her role in the
fall of 2016.
About The Private Bank
The Private Bank is an
exclusive part of Union Bank® dedicated to the financial needs of
high net worth individuals, non-profit organizations, business
owners, corporate executives and professional service firms. The
Private Bank is built around teams of wealth management
professionals who provide financial advice centered on each
client's unique goals and dreams.
About The Wealth Markets Group
The Wealth Markets
Group at MUFG Union Bank, N.A. includes the company's private
wealth management, wealth planning, trust and estate services, as
well as its investment advisory and brokerage subsidiary, UnionBanc
Investment Services LLC (member FINRA/SIPC), its investment
management subsidiary, HighMark Capital Management Inc., and its
insurance division, UnionBanc Insurance Services, California State
Insurance License No. 0817733. Non-deposit investment
products: - Are NOT deposits or other obligations of, or
guaranteed by, the Bank or any Bank affiliate - Are NOT
insured by the FDIC or by any other federal government
agency - Are subject to investment risks, including possible
loss of the principal amount invested - Insurance and
annuities are products of the insurance carriers. Wealth
planning strategies have legal, tax, accounting and other
implications. Prior to implementing any wealth planning strategy,
clients should consult their legal, tax, accounting and other
advisers.
About MUFG Union Bank, N.A.
MUFG Union Bank, N.A., is
a full-service bank with offices across the United States. We provide a wide spectrum
of corporate, commercial and retail banking and wealth management
solutions to meet the needs of customers. We also offer an
extensive portfolio of value-added solutions for customers,
including investment banking, personal and corporate trust, global
custody, transaction banking, capital markets, and other services.
With assets of $116.1 billion, as of
March 31, 2017, MUFG Union Bank has
strong capital reserves, credit ratings and capital ratios relative
to peer banks. MUFG Union Bank is a proud member of the Mitsubishi
UFJ Financial Group (NYSE: MTU), one of the world's largest
financial organizations with total assets of approximately ¥303.3
trillion (JPY) or $2.7 trillion
(USD)¹, as of March 31, 2017. The
corporate headquarters (principal executive office) for MUFG
Americas Holdings Corporation, which is the financial holding
company and MUFG Union Bank, is in New
York City. The main banking office of MUFG Union Bank is in
San Francisco, California.
1 Exchange rate of 1
USD=¥112.19 (JPY) as of March 31,
2017
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SOURCE Union Bank