17 Apr, 2019, 11:00 ET
SAN DIEGO, April 17, 2019 /PRNewswire/ -- Union Bank today announced that Negin Banaei has joined as a Private Wealth Advisor serving the San Diego market. Ms. Banaei will report to Stephen Sherline, Managing Director, Private Wealth Management, and will be based out of Union Bank's downtown San Diego office.
In her role, Ms. Banaei will partner with a team of Union Bank strategists and experts to deliver customized banking, credit, and wealth management solutions to affluent and high net worth individuals and families.
"We are thrilled to welcome Negin to our Private Wealth Management team," said Sherline. "Negin's robust understanding of comprehensive wealth planning and the innovative strategies required to address the complex financial lives of our clients and execute their plans make her an invaluable part of our team."
Ms. Banaei joins the bank with more than 14 years of experience in the wealth management space in the areas of banking, credit and custom lending; retirement and investment advisory solutions; and estate and wealth transition planning. In addition, Ms. Banaei has specialized in insurance, liquidity management and business succession planning.
Most recently Ms. Banaei served as a Senior Private Client Advisor, Vice President for Bank of the West Wealth Management where she was responsible for providing wealth management strategies for the bank's high net worth clients in the San Diego market. She previously held the positions of Vice President and Premier Relationship Advisor with HSBC Securities as well as Private Banker for Wells Fargo.
Ms. Banaei attended the University of California Davis and received her Bachelor of Science from Golden Gate University.
About Union Bank
Union Bank is a full-service bank with a rich history of investing in our clients, communities and employees throughout the West Coast for more than 150 years. Union Bank provides a wide range of personal and business banking products as well as wealth management services. With more than 350 branches in California, Oregon and Washington, Union Bank remains committed to serving the needs of its local communities. As a member of the Mitsubishi UFJ Financial Group (MUFG), one of the world's largest financial institutions, Union Bank holds our clients' best interests to heart and remains committed to investing in their success.
About MUFG Union Bank, N.A.
As of December 31, 2018, MUFG Union Bank, N.A. operated 352 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 $130.8 billion, as of December 31, 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 (NYSE: MUFG), one of the world's largest financial organizations with total assets of approximately ¥307.2 trillion (JPY) or $2.8 trillion (USD)¹, as of December 31, 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=¥111.0 (JPY) as of December 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.
SOURCE Union Bank
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