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Bear Stearns Poaches Big West Coast Producer From UBS

Stephen Harris

22 February 2007

Bear Stearns has appointed Gary Fournier to the firm's Private Client Services group in Los Angeles as a managing director. Prior to joining Bear Stearns, Mr Fournier was at UBS where he was one of their largest producers. Previously, he was at Salomon Smith Barney. Mr Fournier began his career at Kidder Peabody, where he spent sixteen years. Specialising in managed accounts and fixed income investment solutions, Mr Fournier and his team manage over $1.1 billion in client assets. Bear Stearns will be opening a satellite office for the group in downtown Los Angeles as a complement to the firm's primary Los Angeles office in Century City.