Merrill Lynch has lost an advisor managing $500 million in client assets to UBS Wealth Management Americas.

Advisor Stephen Davis, CIMA, will join UBS' Westlake Village, Calif. office. Davis generated annual revenue of about $2.6 million while at Merrill Lynch. He will report to branch manager Louis Skertich, according to a statement from the company.

Davis started his career in financial services in 1994 with Merrill Lynch, according to FINRA records. 

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