Two wealth management teams, the BBW Group and the L&S Group, have joined UBS Wealth Management Americas at the firm's office in Baltimore.

The teams, both of which come from Merrill Lynch, will join forces under the new name of The Family Financial Service Group. The Group plans to focus on clients who are facing major life events such as divorce or the death of a spouse. Combined, The Family Financial Service Group, manages over $500 million in client assets.

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