The deal with Bingham, Osborn & Scarborough, a $5 billion RIA in San Francisco, expands Cerity’s West Coast footprint and brings its total client assets to more than $40 billion under advisement.
Christopher Andreach, who managed about $500 million in assets, rejoined his former firm in its Florham Park, N.J., office after spending only a few months at UBS Financial Services.
Kelleher -- once considered a potential successor to Morgan Stanley Chief Executive Officer James Gorman -- will stand for election to succeed Axel Weber at UBS's annual meeting in April.
Penny Phillips, co-founder and president of Journey Strategic Wealth, discusses the keys to creating sustainable growth and the evolution of options now available to independent advisors.