LOS ANGELES, Dec. 7, 2017 /PRNewswire/ -- Union
Bank® today announced the appointment of Stephen M. Sherline as a Managing Director and
Head of Private Wealth Management for Southern California. Based in Beverly Hills, he reports to Michael Feldman, Head of Wealth Markets.
Sherline is responsible for growing and managing a high-caliber
team of Private Wealth Advisors serving the needs of high net worth
individuals, non-profit organizations, business owners, corporate
executives, families, and professional services firms in
Southern California. Under his
leadership, The Private Bank will further enhance the delivery of
the bank's full range of capabilities, including comprehensive
wealth planning, investment services, risk management, trust and
estate services, banking, and lending.
"Steve's appointment underscores our continued efforts to expand
our business across the West Coast," said Feldman. "In this role,
he will accelerate our growth in Southern
California and further strengthen the advisory services we
offer to three important client segments: women, business owners,
and their families."
Sherline joins Union Bank with more than 25 years of financial
services experience serving high net-worth families and
institutions with more than $3
million in assets. He has held senior positions at several
institutions including U.S. Bank, Fifth Third Bank, Smith Barney,
among others.
He holds a bachelor's degree in Business Administration from
Eastern Michigan University in
Ypsilanti, Michigan, and is also a
graduate of the Pacific Coast Banking School in Bellevue, Washington. A Certified Financial
Planner™, Sherline has also earned a Wealth Management Consulting
Certificate from the Consulting Group Graduate School in
New York.
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 SEC-registered
investment adviser subsidiary, HighMark Capital Management Inc.,
and its insurance divison, 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 the possible loss of
principal invested • Insurance and annuities are products of the
insurance carriers.
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 MUFG Union Bank, N.A.
As of September 30,
2017, MUFG Union Bank, N.A. operated 361 branches, comprised
primarily of retail banking branches in the West Coast states,
along with commercial branches in Texas, Illinois, New
York and Georgia, as well
as 18 PurePoint Financial Centers and two international
offices. 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
$118.6 billion, as of September 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
¥305.5 trillion (JPY) or $2.7
trillion (USD)¹, as of September 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.
1 Exchange rate of 1
USD=¥112.7 (JPY) as of September 29,
2017
©2017 MUFG Union Bank, N.A. All rights reserved. Member
FDIC.
Union Bank is a registered trademark and brand name of MUFG Union
Bank, N.A.
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SOURCE Union Bank