UBS has picked up two Northern California teams from Merrill Lynch in two of the wirehouse's latest recruitment wins.
The first team includes Jason Arnold, Tom Mulvaney and George Chuchas, who have joined UBS's Roseville branch. At Merrill, they managed assets of $725 million, and Arnold served as the resident director.
At UBS, Arnold is taking over as branch manager of the firm's Roseville office, reporting to Erin Borger, market head for Northern California.
Arnold was with Merrill since 2009, as was Mulvaney, according to his report on the Financial Industry Regulatory Authority's BrokerCheck website. Chuchas was with Merrill since 2016.
Borger also recruited one of the largest teams in the San Francisco Bay area: the Private Wealth Management team of Nancy Barrett, Amanda Woo and Michelle Harvey in San Francisco. The team will be based in UBS' Private Wealth Management office in San Francisco and report to Borger.