UBS Private Wealth Management announced that AMD Wealth Partners has joined the Miami office. The team, led by financial advisors Ary Velasco, Michael von Borsig, and David Cardenas, previously managed over $1.4 billion in client assets.

The team brings nearly 80 years of combined experience in providing wealth management services to ultra-high-net-worth clients. Velasco brings four decades of experience. Prior to UBS, he worked for Truist, Northern Trust, Lydian, Sabadell and Citi. von Borsig has two decades of expertise. Prior to UBS, he worked at Citi Private Bank, Barclays, Stifel, and with Union Bancaire Privée in Geneva, Switzerland. Cardenas contributes nearly a decade of experience in serving high-net-worth clients. Prior to joining UBS, he worked at Citi as a private banker.

Separately, UBS also announced it hired Jose Garcia as a financial advisor in South Florida. He joins the UBS Miami wealth management market, led by Brad Rosenberg, and will be located in the downtown Miami office.

Garcia joins advisor team VPHN Wealth Partners at UBS, which is led by UBS private wealth advisors Melissa Van Putten-Henderson and Doris Neyra. The private wealth team joined UBS in 2021 from Wells Fargo Private Bank.

Prior to joining UBS, Garcia was a senior investment manager at Wells Fargo Private Bank, where he managed more than $500 million in high-net-worth and ultra-high-net-worth client assets.

Pictured: Pictured: David Cardenas, Ary Velasco and Michael von Borsig