San Diego County CA— Union Bank’s investment advisory and brokerage subsidiary, UnionBanc Investment Services (‘UBIS’), announced on Thursday that R. Morgan Busalacchi (née Mertz) has joined as a Managing Director and Regional Sales Manager. In this role, she will oversee a team of financial advisors and provide a diverse range of investment services to clients in the greater San Diego region. Busalacchi will report 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 continuing to drive top-talent to our Wealth Markets platform,” said Michael T. Feldman, Head of the Wealth Markets Group at Union Bank. “We are committed to growing in the San Diego market by recruiting and developing top performing talent with Morgan’s skills set to execute on our business strategy.”
“Morgan will play a key leadership role in the San Diego region,” said Mortensen. “She will lead a high-caliber team of financial advisors focused on growing our business through excellent customer service and rigorous investment dialogue. Her extensive wealth management experience serving a wide range of clients will further strengthen the level of service we provide.”
With more than 12 years of experience, Busalacchi most recently was Market Director for Wealth Management for Chase Wealth Management and JPMorgan Securities in multiple territories in the United States. She oversaw a team of financial advisors providing investment solutions to clients. Busalacchi began her career in investment services with American Express in 2003 supporting a group of financial advisors and then becoming a financial advisor herself. She holds a bachelor’s degree from Indiana University.
Busalacchi holds the following Financial Industry Regulatory Authority, Inc. (FINRA) licenses: Series 4, 6, 7, 24, 53, and 65.
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.