$500 Million Advisor Team Joins UBS in Sherman Oaks, California

Rhea-AI Summary

UBS Wealth Management USA has welcomed a four-member team managing over $500 million in client assets in Sherman Oaks, California. The team, led by Managing Director Roshan Ghaznavi and Financial Advisor Matthew Seukunian, specializes in pre- and post-retirement financial needs. UBS continues to focus on attracting top advisors in the industry to enhance its services in the San Fernando Valley region. The new team brings valuable experience from Merrill Lynch and will strengthen UBS's client service capabilities.

Positive

• Acquisition of a team managing over $500 million in assets.
• Enhances UBS's presence in the San Fernando Valley region.
• Team members bring diverse financial backgrounds and expertise.

Negative

• None.

SHERMAN OAKS, Calif.--(BUSINESS WIRE)-- UBS Wealth Management USA announced today that a four-person team managing over $500 million in client assets has joined the firm in Sherman Oaks, California. Led by Managing Director and Financial Advisor Roshan Ghaznavi and Financial Advisor Matthew Seukunian, the team has built a successful business focused on the pre- and post-retirement needs of clients.

“We’re excited to welcome Roshan, Matthew and their team to UBS as we continue to grow our business in this important market,” said Jim Kottoor, Greater Los Angeles Market Head at UBS Wealth Management USA. “We remain focused on recruiting and retaining the most productive advisors in the industry, and we’re thrilled to add their expertise to our team.”

Roshan holds the Chartered Retirement Planning Counselor^SM (CRPC®) designation. He and his team take a holistic approach to wealth planning and seek to address the multitude of challenges when planning for retirement, including when to retire and long-term care.

“Roshan and Matthew have displayed an incredible dedication to helping clients address the retirement process from start to finish,” said Jaspreet “Jesse” Puri, Executive Director and Branch Manager, Sherman Oaks and Bakersfield at UBS Wealth Management USA. “They bring with them an impressive level of experience that will be a great asset as we continue to grow our presence in the San Fernando Valley region.”

Prior to joining UBS, Roshan spent 14 years as a Wealth Management Advisor and Managing Director at Merrill Lynch Wealth Management, where he provided investment strategies to C-Suite executives, business owners, entrepreneurs, retirees, and their families. Previously, he spent 10 years at Citi Smith Barney. Roshan is passionate about helping families address the unique financial concerns of disabled loved ones and is personally involved with many charitable and local organizations in the community. He previously served on the Board of Trustees for West Hills Hospital.

Matthew began his career as a Financial Advisor in 2021 after spending seven years working in business journalism and commercial real estate. He previously spent time at Merrill Lynch Wealth Management where he provided wealth management and planning based strategies tailored to the unique needs of his clients.

The team also includes Client Service Associates Paulina Shavagyan and Anita Kazanjian.

Paulina has worked in the financial services industry for over ten years, assisting the team in providing exceptional customer service in every interaction. Anita has spent more than 10 years in the financial services industry serving clients of different demographics and financial needs across the Southern California area.

Notes to Editors

About UBS

UBS convenes the global ecosystem for investing, where people and ideas are connected and opportunities brought to life, and provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as to private clients in Switzerland. UBS offers investment solutions, products and impactful thought leadership, is the leading global wealth manager, provides large-scale and diversified asset management, focused investment banking capabilities, and personal and corporate banking services in Switzerland. The firm focuses on businesses that have a strong competitive position in their target markets, are capital efficient and have an attractive long-term structural growth or profitability outlook.

UBS is present in all major financial centers worldwide. It has offices in more than 50 regions and locations, with about 30% of its employees working in the Americas, 30% in Switzerland, 19% in the rest of Europe, the Middle East and Africa and 21% in Asia Pacific. UBS Group AG employs more than 72,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

© UBS 2022. All rights reserved. The key symbol and UBS are among the registered and unregistered trademarks of UBS.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220902005064/en/

Media Contact:

Financial Profiles

Pat Burek

pburek@finprofiles.com

https://www.ubs.com

Source: UBS Wealth Management USA

FAQ

What is the significance of UBS acquiring a team managing $500 million?

The acquisition of a team managing over $500 million strengthens UBS's market position and expands its client service capabilities.

Who leads the new team at UBS in Sherman Oaks?

The new team is led by Managing Director Roshan Ghaznavi and Financial Advisor Matthew Seukunian.

What areas of financial planning does the new UBS team focus on?

The new team focuses on pre- and post-retirement financial planning for clients.

Which financial institution did Roshan Ghaznavi work for before joining UBS?

Prior to joining UBS, Roshan Ghaznavi worked at Merrill Lynch Wealth Management.

When was the UBS press release about the new team published?

The press release was published on September 2, 2022.