A pair of breakaway UBS advisors have signed on to HighTower's platform, the third wirehouse team the hybrid RIA and broker-dealer has added to its outsourcing service this year.

The Kelly & Wohlner Group, based in Denver, is run by Jeffery Kelly and Brian Wohlner, who managed $160 million at UBS. Kelly last held the title of senior vice president of investments and senior portfolio manager in UBS' portfolio management program. Prior to that, he worked for Morgan Stanley. At UBS, Wohlner worked as an advisor for high-net-worth clients. Before UBS, he worked for Quadriga Partners, a Denver-based investment bank and financial advisory firm.

The pair chose to join HighTower in part out of a commitment to serving clients at a fiduciary standard, Michael Parker, HighTower's chief development officer, said in a statement.

"Our culture, brand and platform, as well as our collaborative community, create an environment where teams like The Kelly & Wohlner Group can serve their clients and build their businesses," Parker said.

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Ann Marsh

Ann Marsh

Ann Marsh is a senior editor and the West Coast Bureau Chief of Financial Planning. Follow her on Twitter at @Ann_Marsh.