UBS Wealth Management Americas continued on a hiring spree, adding million-dollar producers in New York and Houston.
Tom Jenkins joined the Houston office from Merrill Lynch. He will report to Todd LaVergne, complex director in Houston. Jenkins oversaw $450 million in assets under management, and generated $2.2 million in fees and commissions.
Meanwhile, Jack Schecter joined the New York City office from Morgan Stanley Smith Barney. He will report to John Alex, branch manager. Schecter managed $430 million in client assets, and generated $1.9 million in trailing-12 month production.
This comes on the heels of UBS announcing that it named Todd Locicero office manager of its Los Angeles Private Wealth Management office.
Locicero spent eight years at Morgan Stanley, most recently as its Private Wealth Management Regional Manager for the Southern California, Arizona and Las Vegas markets, where he was responsible for Private Wealth Advisors and coordination with the investment bank. Locicero also has spent time working as successful financial advisor and branch manager, UBS said.