UBS Wealth Management Americas has promoted two of its complex directors to the post of regional directors with immediate effect.
Todd Locicero and Ron Meraz, in their new roles, will oversee advisors in the New York metropolitan area and southwest regions respectively.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Locicero will be relocating to New York City from Los Angeles, taking over the duties from Ron Ferrelli, who is retiring, and will report to head of UBS Wealth Management Americas for the eastern US Jason Chandler.
Chandler said: "Todd’s experience fits perfectly with our ambition to be to firm of choice for high-net worth and ultra-high-net worth clients and the financial advisors who serve them."
Meraz, who will report to head of UBS Wealth Management Americas for the western US Bill Carroll, will succeed Randy Grossblatt following his decision to return to being a financial advisor.
Commenting on the promotion, Carroll added: "Ron has a proven track record of leadership and accomplishment that together with his commitment to the Southwest region it makes him the perfect leader to continue our strategy of being client-focused and advisor centric, while serving high-net worth and ultra-high-net worth clients."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
