Deutsche Takes Two Private Wealth Managers from UBS

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Deutsche Bank has appointed Clinton Hodges and Kyle Dunphy of UBS Bank to its private wealth management arm in Los Angeles.

Hodges and Dunphy both join as private wealth managers. They report to Paul Miller, managing director and head of the Los Angeles office, and will be responsible primarily for developing new client relationships and creating wealth solutions for high-net-worth clients.

At UBS, they established a wealth management practice specialising in financial and estate planning, asset management and art advisory for high-net-worth clients and cultural institutions on the west coast.

Deutsche Bank Private Wealth Management has offices in eight cities across the US and specialises in traditional and alternative investments, risk management strategies, lending, family office services and philanthropy advisory.

The German bank has $1.2 trillion (€964bn) in assets.