An advisor who managed $200 million in client assets left UBS to go independent with HighTower, a spokesman said.

Advisor Michelle Murray formed Murray Wealth Management in Seattle.

The move represented HighTower's eighth transition this year and its 14th office on the West Coast, according to the spokesman.

Murray started her career in 1989 with Lehman Brothers in New York, according to FINRA records. She later moved to Seattle and joined UBS in 2004.

While at UBS she also served as a branch manager, according to a HighTower spokesman.

HighTower's network has grown to 51 teams operating from 35 offices. Total client assets stood at $30 billion at the end of 2014, according to the firm.

Earlier this year, the firm said it recruited advisor Carol Nulman from Oppenheimer & Co., where she oversaw $500 million in client assets as part of a three person team. Her two partners chose to stay with Oppenheimer.

In a statement, Michael Parker, national director of Enterprise Development, said HighTower aims to recruit elite and fiduciary-minded advisors.

Read More:

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access