LOS ANGELES, Feb. 11, 2019 /PRNewswire/ -- Union
Bank today announced that Ron
Leibovici has joined as Private Wealth Advisor serving the
Los Angeles market. Based in
the downtown Los Angeles
headquarters, Leibovici will report to Stephen Sherline, Managing Director, Private
Wealth Management.
In his role, Leibovici will focus on the design and
implementation of wealth planning strategies, including estate
planning, income tax, business succession, and legacy and
philanthropic planning.
"The complexities of wealth planning require comprehensive
financial knowledge and Ron's extensive experience is
unparalleled," said Sherline. "In addition, his business advising
specialties and deep knowledge of customized lending practices will
bring a wealth of knowledge to our clients and will be invaluable
in helping them reach their financial goals."
Leibovici joins the bank with more than 13 years of broad
industry experience including portfolio management, trust and
estate design and customized lending, including real estate,
aircraft finance and cross-collateralizations. He has a
specialty in providing Ultra High Net Worth (UHNW) Individual
services to business owners with a concentration in Textiles,
Beauty, Consumer Products and Food & Beverage. His past
experience includes serving as Senior Vice President and Wealth
Advisor at Comerica Bank and Vice President and Investment Officer
at JP Morgan Private Wealth in the Greater Los Angeles
Market.
A graduate of UC Santa Barbara with Bachelor degrees in Business
and Economics, he also received an MBA in Finance from the Martin
J. Whitman School of Management at Syracuse
University. He is also California Life insurance
licensed.
He is a long-time resident of Manhattan Beach and is an active member of the
Manhattan Beach Chamber of Commerce.
About MUFG Union Bank, N.A.
As of September 30,
2018, MUFG Union Bank, N.A. operated 354 branches, consisting
primarily of retail banking branches in the West Coast states,
along with commercial branches in Texas, Illinois, New
York, and Georgia, as well
as 22 PurePoint ® Financial Centers. 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 $124.0
billion, as of September 30,
2018, 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:
MUFG), one of the world's largest financial organizations with
total assets of approximately ¥306.4 trillion (JPY) or $2.7 trillion (USD)¹, as of September 30, 2018. 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=¥113.6 (JPY) as of September 28,
2018
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.
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SOURCE Union Bank