LOS ANGELES, Dec. 7, 2017 /PRNewswire/ -- Union
Bank® today announced the appointment of Stephen M. Sherline as a Managing Director and
Head of Private Wealth Management for Southern California. Based in Beverly Hills, he reports to Michael Feldman, Head of Wealth Markets.
Sherline is responsible for growing and managing a high-caliber team of Private Wealth Advisors serving the needs of high net
worth individuals, non-profit organizations, business owners, corporate executives, families, and professional services firms in
Southern California. Under his leadership, The Private Bank will further enhance the delivery of the
bank's full range of capabilities, including comprehensive wealth planning, investment services, risk management, trust and
estate services, banking, and lending.
"Steve's appointment underscores our continued efforts to expand our business across the West Coast," said Feldman. "In this
role, he will accelerate our growth in Southern California and further strengthen the advisory
services we offer to three important client segments: women, business owners, and their families."
Sherline joins Union Bank with more than 25 years of financial services experience serving high net-worth families and
institutions with more than $3 million in assets. He has held senior positions at several
institutions including U.S. Bank, Fifth Third Bank, Smith Barney, among others.
He holds a bachelor's degree in Business Administration from Eastern Michigan University in
Ypsilanti, Michigan, and is also a graduate of the Pacific Coast Banking School in Bellevue, Washington. A Certified Financial Planner™, Sherline has also earned a Wealth Management
Consulting Certificate from the Consulting Group Graduate School in New York.
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 SEC-registered investment adviser subsidiary, HighMark Capital Management Inc., and its insurance divison,
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 the possible loss of principal invested •
Insurance and annuities are products of the insurance carriers.
About The Private Bank
The Private Bank is an exclusive part of Union Bank dedicated to the financial needs of high net worth
individuals, non-profit organizations, business owners, corporate executives and professional service firms. The Private Bank is
built around teams of wealth management professionals who provide financial advice centered on each client's unique goals and
dreams.
About MUFG Union Bank, N.A.
As of September 30, 2017, MUFG Union Bank, N.A. operated 361 branches, comprised primarily of retail banking
branches in the West Coast states, along with commercial branches in Texas, Illinois, New York and Georgia, as well as
18 PurePoint Financial Centers and two international offices. 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 $118.6 billion, as of
September 30, 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 ¥305.5 trillion (JPY) or $2.7
trillion (USD)¹, as of September 30, 2017. 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=¥112.7 (JPY) as of September 29, 2017
©2017 MUFG Union Bank, N.A. All rights reserved. Member FDIC.
Union Bank is a registered trademark and brand name of MUFG Union Bank, N.A.
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SOURCE Union Bank