Todd Locicero and Ron Meraz have been promoted to regional directors at UBS Wealth Management Americas, where they previously were complex directors, publishes reuters.
Locicero, who joined UBS from Morgan Stanley in 2010 to run its private wealth business for wealthy individuals in Los Angeles, is relocating to New York City to become Metro regional director. While director of a "complex" in Los Angeles, he increased in a 100% the size of the business. Locicero reported directly to Chandler, eastern U.S. wealth management head, when he first joined UBS.
Meraz, who has been named southwestern regional director, was complex director of Orange County since 2008. He joined UBS from Merrill Lynch Global Wealth Management, where he ran Merrill's office of diversity and also worked as a broker and complex director.