UBS Private Wealth Management (PWM) has appointed private wealth advisers John Hanley, Colin McKay and Michael Francis. The team collectively manages over USD3 billion in client assets.The team will join the UBS Northeast Private Wealth market, managed by Julie Fox, located in the Washington DC PWM office, reporting to Branch Manager Brendan Graham.
“We continue to focus on recruiting and retaining the most productive financial advisors in the industry,” says John Mathews, Head of UHNW Americas and Private Wealth Management at UBS Global Wealth Management. “We believe we have the strongest platform for Private Wealth Advisors in the Americas, and with our suite of Ultra High Net Worth capabilities, advisors like John, Colin and Michael will be able to deliver the full power of UBS to their clients.”
Karlyn Wright, a trusts and estates specialist, Louis McCabe, a Senior Wealth Strategy Associate, and Katherine Andes, a Team Administrator, will also join the team at UBS Private Wealth Management.
“John, Colin, Michael and their team bring with them a wealth of experience serving Ultra High Net Worth clients in the Washington DC area,” says Julie Fox, Northeast Private Wealth Market Head at UBS Global Wealth Management. “Washington DC is an important growth market for our Private Wealth Management business. We look forward to having John, Colin, Michael and their talented team join our firm and help us expand our client offering in this key market.”
Hanley, McKay, Francis, Wright, McCabe and Andes have provided notices of resignation to their current employers and will be serving out their respective garden leave periods prior to joining UBS.
Hanley has over 30 years of experience in the financial services industry, having spent the last 15 years at Goldman Sachs. He graduated from the University of Illinois at Urbana-Champaign and received an MBA from the Fuqua School of Business at Duke. He holds the Chartered Financial Analyst (CFA) designation.
Prior to moving into the private wealth management industry in 2010, McKay spent 10 years as an investment banker in the Bay Area focused on the technology sector. McKay leverages his investment banking experience to advise entrepreneurs and business owners on how they can coordinate their personal wealth planning opportunities with corporate liquidity events. Colin is a graduate of the University of Virginia and holds an MBA from the Tuck School of Business at Dartmouth.
Francis spent 10 years at Goldman Sachs working with both private and institutional clients. He graduated from the US Naval Academy with merit in 1999, serving onboard the USS Elrod (FFG 55) and as a Force Logistics Officer at Explosive Ordnance Disposal Mobile Unit Three in San Diego, California. After Francis’ military service, he joined Accredited Home Lenders working for the firm’s senior management team and later earned an MBA from UCLA’s Anderson School of Business.
Wright has spent all 20 years of her career advising and educating clients on wealth transfer strategies, multigenerational planning, income tax planning, philanthropic planning and asset protection. She began her professional career in the Personal Financial Services group at PricewaterhouseCoopers before moving to the Wealth Advisory Services group in the Goldman Sachs Family Office. Wright graduated from Lafayette College and Rutgers School of Law.