STREET MOVES: Smith Barney Hires UBS Financial Advisor Team
March 12 2009 - 10:56AM
Dow Jones News
Citigroup Inc.'s (C) Smith Barney retail brokerage has recruited
a team of financial advisors from UBS Wealth Management US, a unit
of UBS AG (UBS) that produced more than $1.6 million in commissions
and fees over the past year.
On Wednesday, Gary Bronheim and Michael Goldstein joined Smith
Barney to work in the company's N.Y. office on Park Ave. The team
managed more than $200 million in client assets and will report to
E. James Mulcahy, who manages 92 financial advisors.
Bronheim worked at UBS for more than 16 years and at Oppenheimer
Holdings Inc. (OPY) for more than four years, according to
Financial Industry Regulatory Authority records. Goldstein worked
at UBS for more than nine years, according to Finra records.
A UBS spokesman couldn't immediately confirm the team's
departure.
-By Brett Philbin, Dow Jones Newswires; 201-938-5393;
brett.philbin@dowjones.com