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Citigroup Taps UBS for Top US Private Client Brokers

Contributing Editor

17 August 2006

Citigroup’s Smith Barney unit has hired two brokers from UBS Wealth Management in the US. The two – Robert Jacobs and Philip Byrne – reputedly manage more than $400 million in client assets for ultra-high net worth individuals, according to a Dow Jones Newswires report. Both will be based in California and will join a team of 40 financial advisors. Mr Jacobs joins as a member of the director's council, Smith Barney's recognition club for high-producing brokers.