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Press Release

Union Bank® Expands San Francisco Private Wealth Management Team

Tyler Brasfield and Lawrence Parente Join as Private Wealth Advisors

Press Contact:
Juanita Gutierrez
T: +1-213-236-5017

San Francisco, CA (May 4, 2017) – Union Bank today announced that Tyler Brasfield and Lawrence Parente have joined its Private Wealth Management team in San Francisco, CA as Private Wealth Advisors. Brasfield joins as a Vice President and Parente joins as a Director. They report to Lisa Roberts, Head of Private Wealth Management for Northern California and the Pacific Northwest, who was appointed to her role in the fall of 2016.

Brasfield and Parente work hand in hand with a team of wealth management professionals across disciplines and provide customized wealth management planning to assist clients achieve their long-term financial goals.

"Union Bank has a 150 year history supporting the families, business owners and individual visionaries that have made Northern California the vibrant economy it is today. Building on that legacy, we continue to make strategic appointments to assist our Northern California clients through some of the challenges and opportunities they currently face," Michael Feldman, Head of Wealth Markets, said. "Tyler and Larry are well-equipped to deliver comprehensive wealth planning by bringing together a team of specialists that can help clients navigate important matters, including rising interest rates and tax reform preparation."

Brasfield joined from J.P. Morgan Private Bank where he was a Private Wealth Advisor. He brings to Union Bank more than 12 years of experience in the financial services industry. Brasfield began his career advising executives of financially distressed hospitals on business and financial strategy. This included serving as a Manager for Accenture within their Strategy Consulting practice in New York. Additionally, he co-founded and served as Chief Operating Officer of Ecure, LLC, a consulting firm that advised private physician practices on financial management and operational improvement using smart technology.

Brasfield received his MBA from Columbia Business School and his B.A. in Economics and Music Performance from Vanderbilt University. He serves as a Board Member of the New Canaan Society San Francisco and volunteers with Defy Ventures.

Parente joined Union Bank from Jackson Square Financial, a registered independent advisory firm in San Francisco, where he was a Senior Wealth Manager. He brings more than 16 years of experience as an investment specialist. Parente also served as a Principal and Senior Wealth Advisor with Bessemer Trust, as a Senior Trust Specialist at Merrill Lynch, and as Senior Vice President and Senior Trust Officer at Bank of America’s Private Bank. As part of Bank of America’s Family Wealth Advisory team, he served families with $50 million or more in net worth.

Parente is a licensed attorney in the State of California and practiced for two years at the firm of Brobeck, Phleger and Harrison in San Francisco. He earned his J.D. from Golden Gate University School of Law in San Francisco, CA and his B.A. from the University of Albany, NY.

About The Wealth Markets Group
The Wealth Markets Group at MUFG Union Bank, N.A. 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 (member FINRA/SIPC), its asset management subsidiary, HighMark Capital Management Inc., and its insurance division, UnionBanc Insurance Services, California State Insurance License No. 0817733. Non-deposit investment products: • Are NOT deposits or other obligations 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 possible loss of the principal amount invested • Insurance and annuities are products of the insurance carriers.

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 $116.1 billion, as of March 31, 2017, 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 ¥302.1 trillion (JPY) or $2.6 trillion (USD)1, as of December 31, 2016. 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=¥116.49 (JPY) as of December 31, 2016