$18MM UBS Team Led by Forbes Top-Ranked Alabama Broker Breaks Away to Launch RIA

A UBS Wealth Management USA team producing $18 million in annual revenue and led by a top-ranked broker in Birmingham, Alabama left the wirehouse to launch its own registered investment advisory firm, according to a source familiar with the move and registration records.

The group, led by Tony R. Smith, who ranked third on Forbes’ 2021 list of “Best-in-State” wealth advisors in Alabama, left UBS on July 9, their BrokerCheck reports said. Smith and his team had managed $4.4 billion in assets at UBS, the source said. Read More

Advisor Moves, Development, News

Leave a Reply