LOS ANGELES, Feb. 11, 2019 /PRNewswire/ — Union Bank today announced that Ron Leibovici has joined as Private Wealth Advisor serving the Los Angeles market. Based in the downtown Los Angeles headquarters, Leibovici will report to Stephen Sherline, Managing Director, Private Wealth Management.
In his role, Leibovici will focus on the design and implementation of wealth planning strategies, including estate planning, income tax, business succession, and legacy and philanthropic planning.
“The complexities of wealth planning require comprehensive financial knowledge and Ron’s extensive experience is unparalleled,” said Sherline. “In addition, his business advising specialties and deep knowledge of customized lending practices will bring a wealth of knowledge to our clients and will be invaluable in helping them reach their financial goals.”
Leibovici joins the bank with more than 13 years of broad industry experience including portfolio management, trust and estate design and customized lending, including real estate, aircraft finance and cross-collateralizations. He has a specialty in providing Ultra High Net Worth (UHNW) Individual services to business owners with a concentration in Textiles, Beauty, Consumer Products and Food & Beverage. His past experience includes serving as Senior Vice President and Wealth Advisor at Comerica Bank and Vice President and Investment Officer at JP Morgan Private Wealth in the Greater Los Angeles Market.
A graduate of UC Santa Barbara with Bachelor degrees in Business and Economics, he also received an MBA in Finance from the Martin J. Whitman School of Management at Syracuse University. He is also California Life insurance licensed.
He is a long-time resident of Manhattan Beach and is an active member of the Manhattan Beach Chamber of Commerce.
About MUFG Union Bank, N.A.
As of September 30, 2018, MUFG Union Bank, N.A. operated 354 branches, consisting primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York, and Georgia, as well as 22 PurePoint ® Financial Centers. We provide a wide spectrum of corporate, commercial, and retail banking and wealth management solutions to meet the needs of customers. We also offer an extensive portfolio of value-added solutions for customers, including investment banking, personal and corporate trust, global custody, transaction banking, capital markets, and other services. With assets of $124.0 billion, as of September 30, 2018, MUFG Union Bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial organizations with total assets of approximately ¥306.4 trillion (JPY) or $2.7 trillion (USD)¹, as of September 30, 2018. The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company, and MUFG Union Bank, is in New York City. The main banking office of MUFG Union Bank is in San Francisco, California.
1 Exchange rate of 1 USD=¥113.6 (JPY) as of September 28, 2018
Wealth planning strategies have legal, tax, accounting and other implications. Prior to implementing any wealth planning strategy, clients should consult their legal, tax, accounting, and other advisers.
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