UBS Nabs 3 Wells Fargo Advisors Managing More Than $400M

Magallanes, meanwhile, has more than eight years of experience as a financial advisor, all with Wells Fargo, according to BrokerCheck. He joins UBS as vice president — wealth management.

Nelson has over 16 years of experience in the financial services industry, all at Wells Fargo, according to his LinkedIn profile. He joins UBS as senior vice president — wealth management.

Nelson has significant private banking experience, focusing on ultra-high-net-worth clients, according to UBS. He is joining the Summit Wealth Management Group at UBS, a signature team of seven financial advisors, in the downtown Los Angeles office, the firm said.

"We're excited to welcome Tony, Robert and Carl to UBS," according to Justin Frame, Los Angeles/Orange County market head at UBS Wealth Management USA.

Frame joined UBS four months ago, after more than 24 years at Morgan Stanley, UBS said. Since joining UBS, he has "actively been working to hire financial advisors with strong local roots," according to the firm.

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