Los Angeles, CA (April 21, 2016) - Union Bank’s investment advisory and brokerage subsidiary, UnionBanc Investment Services (‘UBIS’), today announced that Deborah Valenzuela has joined as a Managing Director and Regional Sales Manager. In her new role, she oversees a team of financial advisors providing an array of investment services to clients in the Los Angeles region. Valenzuela is based in downtown Los Angeles and reports to Managing Director and UnionBanc Investment Services CEO Michael Mortensen.
“Our business is going through an exciting growth trajectory, which combined with the power of our network, is driving top-talent to our Wealth Markets business,” said Michael T. Feldman, Head of the Wealth Markets Group at Union Bank. “We are committed to growing in the California market and we will do so by recruiting and developing top performing talent of Deb’s caliber.”
“Deb is a strategic addition to our team that will support our growth targets in this important market. She is known for taking a holistic approach when assisting clients,” said Mortensen. “All these skills are essential as we look to further increase our dialogue with our clients and help them navigate different market cycles.”
Valenzuela brings to UBIS more than 30 years of wealth management experience, which includes background in sales and capital markets. Most recently, she held the role of Regional Brokerage Manager at Wells Fargo Advisors. In that role, she lead a team of financial advisors and worked closely with the bank’s Private and Community bank to provide holistic investment services to clients. She also spent 15 years with JPMorgan Chase in various roles. Valenzuela began her career as a financial advisor with Dean Witter Reynolds in 1986. She holds a Bachelor of Science in Business Administration from the University of Arizona.
She holds the following Financial Industry Regulatory Authority, Inc. (FINRA) licenses: series 3, 4, 7, 24, 52, 53, 63, 66, and Arizona Life and Variable Annuity Licenses.
About The Wealth Markets Group
The Wealth Markets Group at Union Bank includes the company’s private wealth management, wealth planning, trust and estate services, as well as its investment advisory and brokerage subsidiary, UnionBanc Investment Services LLC, and its asset management subsidiary, HighMark Capital Management Inc.
About UnionBanc Investment Services
As the investment advisory and brokerage subsidiary of MUFG Union Bank, N.A, UBIS, member FINRA/SIPC, provides a broad range of investment services to individuals, corporations and institutions. UBIS offers a diverse array of investments to match short- and long-term investment goals of its clients, including investment planning, solutions for retirement planning, college savings and investment management strategies. Non-deposit investment products: • Are NOT deposits of or guaranteed by the Bank or any Bank affiliate • Are NOT insured by the FDIC or by any other federal government agency • Are subject to investment risks, including the possible loss of principal invested.
About MUFG Union Bank, N.A.
MUFG Union Bank, N.A., is a full-service bank with offices across the United States. 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 $115.4 billion, as of December 31, 2015, 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: MTU), one of the world’s largest financial organizations with total assets of approximately ¥295.8 trillion (JPY) or $2.5 trillion (USD)1, as of December 31, 2015. 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=¥120.6 (JPY) as of December 30, 2015