Union Bank and HighMark Capital Add Duo in Portland

PORTLAND, Ore., Sept. 13, 2017 /PRNewswire/ -- MUFG Union Bank^®, N.A. (Union Bank) today announced that Shawn DuBurg and Britton C. Smith, CFA have joined its Portland, Oregon office. DuBurg joins as a Director and Private Wealth Advisor within The Private Bank and reports to Lisa Roberts, Head of Private Wealth Management for Northern California and the Pacific Northwest. Smith joins as a Vice President and Senior Portfolio Manager with HighMark Capital Management, Inc. (an SEC-registered investment adviser subsidiary of MUFG Union Bank, N.A.). He reports to Keith Forslund, Portfolio Management Executive for the Pacific Northwest Region.

Shawn Duburg

"We are pleased to welcome two high-caliber professionals that will serve the wealth management needs of our clients in Portland," said Michael Feldman, Head of Wealth Markets. "These appointments are part of our business strategy to grow in the critical Pacific Northwest market by offering customized wealth management solutions that focus on the individual goals of our clients and their extended family."

DuBurg will work with a team of specialists in wealth planning, investments, risk management, trust and estate services, and banking to provide clients tailored products and services. He brings more than 25 years of financial services industry experience. Most recently, he was a commercial banking market leader with Opus Bank. He has also held senior positions at Columbia Bank and Bank of America.

In his role, Smith will manage investment portfolios on behalf of high-net-worth clients, trusts, retirement plans, foundations, and non-profit organizations. He will work with a team of specialists across The Private Bank providing wealth planning, investments, risk management, trust and estate services, and banking advice to clients and their advisors.

Smith has 17 years of investment management experience. Previously, he served as a Senior Portfolio Manager with the Charitable Services Group at U.S. Bank, Nuveen Investments and Santa Barbara Asset Management.

DuBurg earned his BS in Business Management from the University of Phoenix in Arizona and is a graduate of Pacific Coast Banking School. He holds Series 7and 66 securities licenses. Active in the community, he is a Board Member of the Portland Opera and Children First for Oregon and serves on the Leadership Council for the Portland Children's Museum. He also served in the California Air National Guard and was deployed during Operation Desert Storm.

Smith graduated from Amherst College and holds a Master's degree in Biochemistry from the University of California, Donald Bren School. He is also a CFA® charterholder. Smith is President of the Board of Young Audiences of Oregon and SW Washington.

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 HighMark Capital Management, Inc.

San Francisco-based HighMark Capital Management, Inc. (HighMark) is an SEC-registered investment adviser, with nearly $16 billion in assets under management. Since 1919 HighMark and its predecessors have been managing institutional separate account portfolios for a wide variety of for-profit and nonprofit organizations, public agencies, public and private retirement plans, and personal trusts of all sizes. HighMark also serves as sub-adviser for mutual funds, common trust funds and collective investment funds. HighMark is a wholly-owned subsidiary of MUFG Union Bank, N.A. Investments employing HighMark strategies are NOT insured by the FDIC or by any other federal government agency, are NOT deposits of or guaranteed by the Bank or any Bank affiliate, and MAY lose value, including possible loss of principal. To learn more about HighMark please visit at highmarkcapital.com.

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, Oregon State Insurance License No. 100154980. 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 $116.7 billion, as of June 30, 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 ¥304.2 trillion (JPY) or $2.7 trillion (USD)¹, as of June 30, 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.

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¹ Exchange rate of 1 USD=¥112.0 (JPY) as of June 30, 2017

Shawn Duburg and Britton C. Smith